(Hong Kong, December 18, 2023) Hang Lung Properties (SEHK stock code: 00101) (“Hang Lung” or the “Company”) garnered over 35 prestigious ESG awards in 2023, earning widespread recognition across Hong Kong and mainland China. These accolades serve as a testament to the Company’s commitment to sustainable business growth while prioritizing the development and wellbeing of its employees and the communities it serves.   

Sustainable Practices 

Hang Lung’s dedication to sustainability has earned prestigious awards, including The Hong Kong Management Association Hong Kong Sustainability Award 2023 – Distinction Award (Large Organization Category) and the Hong Kong ESG Reporting Awards (HERA) 2023 Grand Award for Excellence in Environmental Positive Impact. Hang Lung drives collaboration and innovative programs with the support of its tenants, suppliers, and customers, at both corporate and local levels, to advance sustainability goals and support government green policies. Notable achievements include: 

• Being the first real estate company in Hong Kong and mainland China to receive approval from the Science Based Targets initiative (SBTi) to drive emissions reduction investments and efforts across its operations. 
• Joining hands with LVMH Group, Hang Lung to accelerate positive action for climate and sustainability in real estate and retail.   
• Parc 66 in Jinan, following the success of Spring City 66 in Kunming, becoming 100% powered by renewable energy.

Inclusive Community & Employee Wellbeing  

Hang Lung has successfully implemented a wide range of community investment programs addressing women’s empowerment, youth development and elderly services through partnerships with tenants, business partners, and NGOs. These initiatives have received significant recognition, including the Bronze Award in the Corporate Social Responsibility Category at the 19th China Golden Awards for Excellence in Public Relations organized by the China International Public Relations Association (CIPRA), the Supporting Organization Award in the “Strive and Rise Programme” and the Corporate Social Responsibility Model Award at the 12th China Finance Summit. Notable initiatives include: 

• The inaugural Hang Lung Future Women Leaders Program empowered over 180 female university students across the nation through leadership training and mentorship, enabling them to develop their personal and professional potential, and build confidence for growth. 
• In support of the “Strive and Rise Programme” initiated by the HKSAR government, the Company organized job shadowing activities and sharing sessions for underprivileged students for upward mobility. 
• Partnering with HKYWCA to improve the cognitive abilities of the elderly living with dementia and provide support for carers through the “Love·No·Limit” Dementia Friendly Program.  

Hang Lung has also gained significant recognition for its exceptional human resource management, including the Best Companies to Work For in Asia 2023 award from HR Asia, and the Grand Prize Award 2020-2022 by Hong Kong Employees Retraining Board, signifying Hang Lung’s unwavering commitment to fostering a diverse corporate culture and promoting employee wellbeing. 

Governance and Transparency  

Hang Lung’s Legal and Secretarial Team has been included in the 2023 GC Power List by The Legal 500, highlighting the Company's excellence in integrity and corporate governance. In addition, the Company’s 2022 Annual Report has received a total of 14 awards, earning recognition from highly respected awarding bodies, including the 2023 Hong Kong Management Association Best Annual Reports Awards – Excellence Report Award, and the Best Annual Report – Bronze Stevie Award (Publicly-held Corporations) at the 2023 International Business Awards. 

To explore the Company’s full list of achievements, please visit Awards & Recognition.