Hongkong Land Holdings Ltd 2022 AR2
The report highlights Hongkong Land's financial and sustainability performance for 2022. Despite challenging market conditions leading to a 20% decline in underlying profit to US$776 million, the Group's Investment Properties portfolio remained resilient. On sustainability, the Group committed to science-based targets aligned with the 1.5°C pathway, validated by the Science Based Targets initiative, aiming for a 46.2% reduction in Scope 1 and 2 emissions by 2030 from 2019 levels. Additionally, 88% of its leasing portfolio achieved green building certifications, and the Group expanded its green financing with sustainability-linked loans reaching US$2.2 billion.
Company: Hongkong Land Holdings Ltd
Sector: Real estate
Country: Hong Kong
Year: 2022
Type: AR2
Pages: 118
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Hongkong Land Holdings Ltd
Annual Report
The report highlights Hongkong Land's financial and sustainability performance for 2022. Despite challenging market conditions leading to a 20% decline in underlying profit to US$776 million, the Group's Investment Properties portfolio remained resilient. On sustainability, the Group committed to science-based targets aligned with the 1.5°C pathway, validated by the Science Based Targets initiative, aiming for a 46.2% reduction in Scope 1 and 2 emissions by 2030 from 2019 levels. Additionally, 88% of its leasing portfolio achieved green building certifications, and the Group expanded its green financing with sustainability-linked loans reaching US$2.2 billion.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees