- Highlights & Achievements
Green for Planet
Henderson Land has committed to set near-term and net-zero targets in line with the Science Based Target initiative (SBTi)
Following our announcement in December 2022 committing to set near-term science-based targets, we are pleased to share that Henderson Land has submitted both near-term and net-zero targets for validation by SBTi.
In achieving these targets, the Group will reduce its Scope 1, 2 and 3 emissions through a series of energy management initiatives in our managed assets and sourcing low carbon materials in our projects. The Group will report progress against the targets annually.
The SBTi is a collaborative effort by the United Nations Global Compact (UNGC), the World Resources Institute (WRI), Carbon Disclosure Project (CDP) and the World Wide Fund for Nature (WWF), seeking to provide a framework for businesses to participate in science-based target setting consistent with the Paris Agreement. The Paris Agreement aims at keeping the rise in global temperature to well below 2°C above pre-industrial levels and at pursuing efforts to further limit global warming to 1.5°C.
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Echoing the pledges of countries at the 28th United Nations Climate Change Conference of Parties (“COP28”) to shift away from fossil fuel energy, the Group has proactively joined hands with other industries to explore alternative sources of energy in a bid to benefit society as a whole and support Hong Kong in its efforts to achieve carbon neutrality.
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Shopping malls play a major role in Hong Kong’s daily life, and improving their energy efficiency can significantly reduce carbon emissions. Hence, the Group always seeks investment opportunities to achieve energy efficiency. In 2023, the Group teamed up with CLPe Group and Chinachem Group (“Chinachem”) for the first time to launch Cooling as a Service (“CaaS”) at Flora Plaza in Fanling, which is expected to save 500,000 kWh of electricity a year.
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New Central Harbourfront Site 3
The New Central Harbourfront Site 3 is a visionary and iconic landmark created by Henderson Land. The project is a blending of architectural forms and spaces articulated with landscape elements into a symbolic bridge that connects inner Central with Victoria Harbour. This ambitious project features over 28,000 m2 of landscaped spaces, creating a vibrant living oasis in the heart of Hong Kong. With 24-hour public access, Site 3 is set to offer a sanctuary for relaxation and recreation amidst the dynamic urban environment.