(Hong Kong, March 18, 2013) Hang Lung Properties Limited (HKSE stock code: 101) is pleased to announce today the publication of its first standalone sustainability report for the financial year of 2012, covering the period from January 1 to December 31, 2012.
Bearing the theme of “The Honest Advantage”, this sustainability report is not about presenting Hang Lung in the best possible light, but instead providing an open and thorough account of what both Hang Lung Group Limited and Hang Lung Properties Limited are doing well and, more importantly, what can be done even better in the future. As the title suggests, Hang Lung demands the highest standards of integrity and honesty from every employee and in every process of its operations. The report echoes the theme of “We Do it Right” in the newly-published annual reports for the 2012 financial year which amplify the spirit and core values that the companies hold most dear in doing business.
The report provides copious information on Hang Lung’s sustainable development priorities, strategy and performance for FY2012, as well as its near-term sustainability strategy for FY2013 which will be used to benchmark the long-term strategy for the companies. It also covers the economic, social and environmental impacts of Hang Lung’s operations in Hong Kong and mainland China, and addresses the related sustainability challenges and achievements on different fronts.
Hang Lung’s sustainability report is prepared in accordance with the Sustainability Reporting Guidelines G3.1 of the Global Reporting Initiative and the Environmental, Social and Governance Reporting Guide issued by The Stock Exchange of Hong Kong.
The FY2012 standalone sustainability report is now available fordownloading from the Hang Lung corporate website.