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CSR Report This Report Presents Wheelock’S Sustainability Efforts in 2018, and Is Available in Electronic Format

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CSR Report This Report Presents Wheelock’S Sustainability Efforts in 2018, and Is Available in Electronic Format CSR Report This Report presents Wheelock’s sustainability efforts in 2018, and is available in electronic format. CONTENTS Appendices 2-3 7-13 46-47 About this Report Our Business List of Material Topics and Corresponding Boundaries 4-5 14-22 Chairman's Message Building for the Environment 48-52 Performance Data 6 2018 Progress 23-30 at a Glance Building High Performing 53-54 Teams Charters, Memberships and Awards 31-40 Building a Sustainable 55 Community Verification Statement 41-45 56-61 Building Partnerships GRI Standards and along Our Value Chain HKEx ESG Reporting Guide Content Index 1 Wheelock CSR Report 2018 ABOUT THIS REPORT Wheelock and Company Limited (“WAC”) and its two wholly-owned subsidiaries, Chapter 1 Wheelock Properties (Hong Kong) Our Business Provides an overview of our business model and Limited (“WPL”) and Harriman Property discusses how good corporate governance and CSR Management Limited (“HPML”) (jointly management operate our business for good. referred to as “Wheelock” or “the Chapter 2 Company” thereafter) are delighted Building for the Environment to publish its fourth annual Corporate Demonstrates our commitment to managing energy Social Responsibility (“CSR”) Report usage, greenhouse gases emissions, waste and (the “Report”). procurement for building a resilient environment. Chapter 3 This Report highlights and discusses Building High Performing Teams Wheelock’s commitment and efforts in Illustrates our devotion of resources to growing our employees and fostering a comfortable and productive carrying out its CSR initiatives, includ- working environment for the team. ing the CSR management approach, programmes and performance,in the Chapter 4 following five chapters: Building a Sustainable Community Highlights how the community investment programmes under Youth and Art, Community Betterment, and Nature and Environment contribute to creating positive values for the community. Chapter 5 Building Partnerships along Our Value Chain Provides an overview on how we work closely with business partners and customers along the value chain to provide quality products and service, and improve business and sustainability performance. 2 Report Scope and Period Reporting Standard This Report covers the Hong Kong operations of the This Report has been prepared in accordance with following companies: the GRI Standards: Core Option, GRI G4 Construction and Real Estate Sector Disclosures, as well as the - Wheelock and Company Limited, a listed investment Environmental, Social and Governance ("ESG") Reporting holding company headquartered in Hong Kong; Guide issued by The Stock Exchange of Hong Kong Limited (HKEx). The GRI Standards and HKEx ESG - Wheelock Properties (Hong Kong) Limited, a wholly- Reporting Guide Content Index can be found on pages owned subsidiary of WAC that undertakes property 56 to 61. development and sales and marketing of Wheelock and Wharf Group properties; and Assurance This Report has been independently reviewed and verified - Harriman Property Management Limited, a by the Hong Kong Quality Assurance Agency (HKQAA). wholly-owned subsidiary of WAC that focuses on The independent assurance statement can be found on management of residential, commercial, retail and page 55. industries properties in Hong Kong. WAC’s key subsidiaries, The Wharf (Holdings) Limited, Contact for Feedback Wharf Real Estate Investment Company Limited and Your feedback is valuable for our continuous improve- Wheelock Properties (Singapore) Limited are not included ment. Please email your queries or comments to in the scope of this Report. Please refer to their CSR/ [email protected] (for WAC and HPML) Sustainability Reports for their sustainability efforts and or [email protected] (for WPL). performance. The scope of this Report is consistent with the previous reporting period. Unless otherwise stated, all information and data disclosed in this Report covers the period 1 January to 31 December 2018. Historical data is also included for comparison where applicable. 3 Wheelock CSR Report 2018 ChairMAN’S MessaGE At Wheelock, corporate social responsibility (“CSR”) is about making the right decisions that shape our present and future, and progressing in the long-term. Through past learnings and continuous exploration of innovative solutions, we are making various improvements along our sustainability journey. Improving our environmental performance is one of the We embrace as core principles the Business-in- focal areas along our sustainability journey. Guided by Community approach and this year we have extended our the Paris Agreement, our approach to environmental collaboration network to benefit wider communities. We sustainability has reflected how we tackle climate collaborated with the Hong Kong Science Park to launch change mitigation and adaptation issues related to the HKSTP@Wheelock Gallery, leveraging our gallery our business. WPL has been playing a key role in space in Admiralty. Over 1,000 business meetings and 80 implementing the Group's green building strategies. events, involving more than 6,600 participants2, have been Recognising the physical risks that climate change may facilitated since its opening in April 2018. This has not only pose to our buildings, we conduct microclimate studies provided technopreneurs and start-ups with a platform for our projects to enhance day to day experience of our to collaborate and seek funding, but has also brought us buildings and their resilience against extreme weather new technologies and solutions. On youth development, events. We strive to achieve BEAM Plus Gold certification Project WeCan, a flagship programme founded in 2011, for all developments and endeavour to attain LEED®1 launched its Phase III in 2018 with an expanded network, Gold certification for all commercial developments. This reaching a new height with the participation of 76 schools, is demonstrated by our O'SOUTH Portfolio (Tseung Kwan 68 partners and benefiting over 66,000 students who are O South), where THE PARKSIDE, CAPRI, MONTEREY disadvantaged in learning. Apart from Project WeCan, and SAVANNAH obtained BEAM Plus Provisional/Final we also support art development. Following our success Gold Certifications. As of 31 December 2018, 100% of in 2017, the National Geographic Wheelock Hong construction floor area in our entire portfolio has been Kong Photo Contest 2018, themed “Hong Kong Story”, certified with BEAM Plus standards or under application. continued to offer a platform for photographers to shine On greening our daily operations, WAC has made good with their talents and received a record of over 4,000 progress at Wheelock headquarters ("HQ"), where our entries from 19 countries and regions. total energy consumption reduced by 9.9% and energy intensity reduced by 28.9%, as compared to baseline year 2015. 4 Recognising the inherent health and safety risks in As a global citizen, we support and answer to the global our industry, we have strengthened our policies and calls for sustainable development. This year, we have management. In 2018, WPL introduced a new project supported four United Nations Sustainable Development safety manual, upholding our commitment to zero harm Goals (UNSDGs) through our environmental and social and zero fatalities on construction sites. HPML, our initiatives. Moving forward, we will continue to identify property management arm, received ISO 14001 and ISO opportunities and take action to build a win-win ecosystem 45001 certifications for four sites under its management, towards a sustainable future. which exemplified our commitment to continually enhance the environmental, health and occupational safety of our I would like to take this opportunity to express my staff, as well as other building users. gratitude to all stakeholders for contributing to our achievements in the past year. I welcome your feedback With technology advancements, we made efforts in on Wheelock’s CSR performance and reporting materials integrating technology to enhance the efficiency in our for fostering the Company's good ahead. building and handover processes. Virtual reality ("VR") technology has been applied to minimise the amount of materials used and waste generated. Meanwhile, our new digitalisation systems were launched in 2018 to streamline Douglas C. K. Woo internal processes and reduce paper consumption by Chairman enabling electronic sign-off. Hong Kong, June 2019 1 LEED® (Leadership in Energy and Environmental Design) certification is the most widely used green building rating system in the world and is issued by the US Green Building Council. 2 HKSTP@Wheelock Gallery data period is as of end of March 2019. 5 Wheelock CSR Report 2018 2018 ProGress at A GLANce VR Top 5 100% Virtual Reality for residential sales of our construction floor area technology applied in 100% of in Hong Kong certified as green buildings or new development projects under application ISO LOOP GOLD CO2 Low-carbon Office Energy intensity# at HQ , ISO 9001 ISO 14001 Operation Programme and Gold certification by WWF HK for 15% ISO 45001 certifications obtained for 7th consecutive year 4 managed buildings CO2 # # Carbon intensity Waste intensity Handover App at HQ & at HQ & 39% 25% 95% printing at construction sites at construction sites in handover process 2% 35% HKSTP Launched National Geographic Wheelock 66,000+ Hong Kong Photo Contest HKSTP@Wheelock Gallery students benefitted from to support start-up community Project WeCan received over 4,000 entries # Environmental performance compared
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