We’re in business to protect our environment
At Hysan, environment-related initiatives lie at the heart of our sustainable business practices
We continually identify the environmental impacts associated with our operations and set targets to improve our environmental performance. We have also developed and implemented internal management mechanisms that enable us to integrate environmental considerations into our daily operations.
We are committed to regulatory environmental compliance and encourage our staff, business partners and other stakeholders to meet their environmental obligations.
Commitment to SBTi
Our science-based greenhouse gas emissions targets were officially validated by the Science Based Targets initiative (SBTi) in 2025. Our commitment includes:
1. Reducing absolute greenhouse gas emissions by 46.2% by 2031, covering scope 1 and 2 emissions (from a 2021 base year) and scope 3 emissions from purchased goods and services, capital goods, and downstream leased assets (from a 2023 base year); and
2. Reaching net zero by 2050 across our entire value chain, covering scope 1 and 2 emissions (from a 2021 base year) and scope 3 emissions (from a 2023 base year).
Climate Resilience and Adaptation
In accordance with the Task Force on Climate-related Financial Disclosures (“TCFD”)’s guidelines for disclosing climate-related financial risks, we have conducted a thorough climate-related risk assessment that encompasses both physical and transition risks. This assessment is being carried out in phases by third party consultants.
The physical climate risk assessment was conducted on our Hong Kong and Shanghai portfolio with two climate scenarios based on the Sixth Assessment Report (AR6) released by the Intergovernmental Panel on Climate Change (“IPCC”)’s. Two Shared Socioeconomic Pathways (“SSP”) have been considered (IPCC: SSP2-4.5 and SSP5-8.5) and three time-horizons (Baseline, 2030 and 2050).
Green Buildings
As a property developer and manager, we have a crucial role to play in minimising our impact on the environment, reducing electricity consumption by optimising the way we design and build new properties, as well as translating climate measures into our business operations. To date, we have over 70% of buildings by GFA are certified as green buildings in our Hong Kong portfolio. Lee Gardens Shanghai has received certification for a LEED Gold rating.
Waste Reduction at Source
In densely populated cities like Hong Kong, the disposal of waste is a significant environmental challenge. Hysan is dedicated to managing its waste in a responsible way, and we support and encourage our stakeholders to do the same.
We seek to minimise waste generation whenever practical in daily operations through source reduction and recycling. In recognition of the adoption of measures to reduce the amount of waste we generate, all commercial and residential buildings in our portfolio were awarded a full set of “Class of Excellence” Wastewi$e labels under the Hong Kong Green Organisation Certification Scheme.
Sustainable Procurement
Our commitment to sustainable procurement is a key part of our sustainability efforts and dedication to the surrounding community. Wherever possible, we embrace sustainable purchasing practices and adopt best practicable technologies to conserve natural resources. We actively engage our suppliers on managing environmental and social risks of the supply chain, and continually take steps to integrate more green products throughout our operations.
For Hysan’s Sustainable Procurement Policy, please refer to here.
Stakeholder Engagement
Stakeholders play a crucial role in Hysan’s business operations; they comprise groups that are significantly impacted by our activities and those who have a vested interest in our success. It is important for us to grow and collaborate with our diverse stakeholders.
To achieve this, we maintain regular communication with them. By actively listening and engaging in dialogue, we gain valuable insights into their expectations regarding our sustainability performance. This enables us to identify and prioritise material issues that matter most to our business and stakeholders and allows us to assess the effectiveness of our sustainability measures.
Hysan Promotes Urban Biodiversity
Hysan promotes urban biodiversity through initiatives like the 8,000 square feet Urban Farm and Sky Wetland at Hysan Place. Established in 2013, the Urban Farm began as an educational platform for organic farming, later supporting wellness during COVID, and now serves as a hub for community engagement. The Sky Wetland, launched in 2012, showcases wetland ecosystems to the public while supporting diverse plant life and sustainable water treatment. Across the Lee Gardens Area, green roofs and eco-friendly landscaping further demonstrate how urban spaces can foster ecological balance and sustainable living.
