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Climate change: Hongkong Land joins push to make the city’s buildings greener with scheme to cut office tenants’ emissions
- The developer aims to improve its own and its tenants’ environmental performance by collaborating on the set-up and operation of their offices
- It is the latest developer to launch an initiative that forms part of an industry-wide push to reach the city’s climate targets
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Hongkong Land, the biggest landlord in Hong Kong’s Central business district, has launched a new sustainability scheme to help its office tenants reduce their carbon footprints.
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It is the latest developer to launch an initiative that forms part of an industry-wide decarbonisation push to reach the city’s climate targets.
Through its Tenant Sustainability Partnership Programme (TSPP) launched on Tuesday, the developer aims to improve both its own and its tenants’ environmental performance by collaborating on the fit-out and operation of their offices.
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This would involve using sustainable materials, energy-efficient appliances and systems, and operational procedures to reduce electricity consumption such as optimising the use of air conditioning, according to Mark Lam, head of investor relations and corporate sustainability at Hongkong Land.
“In order to move the sustainability or ESG (environmental, social and governance) agenda forward – and that includes Hong Kong’s journey towards net zero – the property sector plays a major part,” said Lam.
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