Our Journey, Our Sustainability Strategy
Value Creation through 3Ps —
People, Prosperity and Planet
The Group is dedicated to positively impacting society by adhering to the Triple Bottom Line. Sustainability is fundamental to our business, and we create places where people can live, work and play while benefiting from our commitment to 3Ps - People, Prosperity and Planet. We strive to foster prosperity within the community while preserving the planet, as these values drive the long-term value creation and sustainable success for the Group.
Sustainability strategy framework
People
People
Working together with our colleagues, customers and other stakeholders to accomplish our sustainability vision and build positivity in the communities we serve.
- Valuing and empowering our people
- Integrating Diversity, Equity and Inclusion into our culture and services
- Providing support and assistance to marginalised and vulnerable groups within society
- Enhancing the quality of life for the elderly, promoting their happiness and well-being
- Inspiring and fostering the next generation
Prosperity
Prosperity
Shaping a prosperous future focusing on technology innovation and sustainable investment.
- Expediting the advancement and widespread adoption of innovative solutions, strengthening our ability to adapt to future challenges and opportunities
- Merging of Environmental, Social and Governance (“ESG”) factors into our decision-making processes to ensure meaningful and sustainable investments
Planet
Planet
Minimising our impact on the environment and doing our part in tackling challenges that the planet is facing.
- Adopting responsible practices for ethical and sustainable material sourcing
- Taking environmental considerations and long-term sustainability into account when designing and developing our projects
- Minimising resource consumption in both our development and operations to reduce our environmental footprint and promote resource efficiency
- Evolving our strategies and measures to enhance our climate resilience
People
Working together with our colleagues, customers and other stakeholders to accomplish our sustainability vision and build positivity in the communities we serve.
- Valuing and empowering our people
- Integrating Diversity, Equity and Inclusion into our culture and services
- Providing support and assistance to marginalised and vulnerable groups within society
- Enhancing the quality of life for the elderly, promoting their happiness and well-being
- Inspiring and fostering the next generation
Our Sustainability Milestones
2023
2023
- Partnered with a local energy provider for a 20-year Build-Own-Operate-Transfer (“BOOT”)
- Diversified our global portfolio by acquiring Kaleidoscope and One New Street Square, in London, UK, the two flagship green buildings in the city
- Converted 100 rooms in Nina Hotel Tsuen Wan West into youth hostel spaces
- Established a new brand, "CCG Healthcare”, to enhance services for the elderly community
2022
2022
- 2nd real estate developer in Hong Kong to receive SBTi validation with a 1.5°C-aligned target
- Funded the renovation and expansion of the Asia Art Archive Library and renamed it "CCG Library"
- Signed an MoU to foster industry-academic collaboration for the sustainable future of the Greater Bay Area
- Signed two sustainability-linked loan agreements, totaling $2 billion (HKD)
2021
2021
- 1st real estate developer in Hong Kong to introduce concrete modular integrated construction ("MiC") in a private residential project.
- Signed the operation contract for the Central Market Revitalisation Project to create a "Playground for All"
- Supported tech ventures in “CCG Accel – Powered by HKSTP” for smart city development and technology pilots
- Funded the Lai Chi Wo Story Room to conserve the traditions of Hakka culture
- Signed a Memorandum of Understanding (“MoU”) to foster collaboration on Healthcare Facilities Management
2020
2020
- Celebrated 60th Anniversary and unveiled a brand rejuvenation initiative as a developer of "Places with Heart"
- Established a Sustainability Steering Committee and a Sustainability Task Force to spearhead the journey in sustainable development
- Released the inaugural Sustainability Report, providing a comprehensive overview of its sustainability performance during the FY2019/20
2019
2019
- Established the “CCG 3038 - Strategic Roadmaps and 2019 Sustainability Plan” as a commitment to 38% carbon emission reduction by 2030
- Obtained the first green loan for the development project located in Ho Man Tin, Hong Kong
- Hosted Chinachem Sustainability Conference 2019 - “Sustainable Neighbourhood: How to Foster Age-friendly Developments”
