Message From CEO

Dear Stakeholders,

In response to the ever-changing social needs and the long-term effects of climate change, we maintain our dedicated commitment to creating improved and highly liveable spaces while serving the community with a focus on the Triple Bottom Line: People, Prosperity and Planet. With the proactive mindset of our team members, we have expedited the integration of sustainability principles across all aspects of our operations, resulting in a multitude of accomplishments.

During the FY2022/23, we intensified our efforts to revitalise communities and promote conservation. We are pleased to announce the successful renovation of Nina Park, which now showcases a captivating wood fossil exhibition. This initiative exemplifies our commitment to preserving and valuing natural resources, while creating an engaging and educational experience for visitors of all ages. Furthermore, we have undertaken the transformation of 100 rooms at Nina Hotel Tsuen Wan West into a Youth Hostel, providing a warm and inviting space for the young adults of Hong Kong. This endeavour reflects our dedication to supporting the needs of the community and fostering a vibrant environment for the city’s youth. Amidst the ongoing recovery from the impacts of COVID-19, we collaborated with the Hong Kong Chinese Orchestra to organise “One Beat, One World: Connecting Through the Drum.” This event successfully brought together the 18 districts, communities and schools of Hong Kong, uniting people through the universal language of music and facilitating cultural exchange. Moving forward, we plan to host more concerts in the coming years, further nurturing a sense of unity and promoting cultural appreciation throughout our society.

The pressing challenge of climate change demands immediate action, as its impact is already being felt. To contribute to climate change mitigation, we have been actively working towards reducing carbon emissions resulting from our business operations. In line with this commitment, we have entered a partnership with a leading integrated energy company for a 20-year Build-Own-Operate-Transfer (“BOOT”) agreement to introduce Hong Kong’s inaugural zero-carbon chiller system at Nina Tower, to provide energy-efficient air conditioning service for the entire complex while significantly reduced carbon emissions using cutting-edge Artificial Intelligence technologies. This year, our focus remains on aligning with the Chinachem Group Carbon Reduction Roadmap - CCG 3050+. This roadmap demonstrates our strong commitment to reducing carbon intensity by 51.8% by 2030, and compared to the base year of 2020, we have reached a 23% carbon intensity reduction in 2022. In addition, we have placed extra emphasis on achieving the Science Based Targets initiative (“SBTi”) targets, which align with the 1.5°C global warming scenario. By striving to meet these targets, we are actively working towards a more sustainable and low-carbon future.

In our pursuit of sustainability, we are dedicated to expanding our business landscape beyond traditional boundaries. This entails venturing into sectors such as healthcare, elderly care, green data centres and logistics, with the goal of contributing to the economic prosperity of our region. As we reflect on these achievements, we remain steadfast in our pursuit of sustainable practices and responsible business operations. We are dedicated to creating positive impacts for our stakeholders, the environment and the communities we serve.

I would like to express my gratitude to our colleagues, partners and stakeholders for their unwavering support and commitment to our shared sustainability goals. Together, we will continue to drive positive change, foster innovation and create a better future for all.