Media OutReach

Hang Lung Enters the Next Phase in Its Sustainability Journey with Ambitious New Targets

Published

3 months ago

12/01/2026

New targets outlined for 2030 following the successful conclusion of the 25×25 sustainability targets

HONG KONG SAR and SHANGHAI, CHINA – Media OutReach Newswire – 12 January 2026 – Hang Lung Properties Limited (SEHK stock code: 00101) (“Hang Lung” or the “Company”) today announces a new phase in its sustainability journey, unveiling 20 refreshed 2030 targets that build on its success in achieving its 25 x 25 Sustainability Targets.

Launched in 2021, the 25 x 25 targets defined Hang Lung’s agenda to the end of 2025 across four priorities: Climate Resilience, Resource Management, Wellbeing, and Sustainable Transactions. The Company has achieved its earlier ambitions, and exceeded targets related to greenhouse gas emissions reduction, renewable energy, and energy efficiency. Establishing such a concrete and robust set of targets also helped the Company develop practices in sustainability innovation and continual improvement.

Building on this success, now with expanded data, greater organizational maturity, and heightened ambition, Hang Lung’s refreshed 2030 targets reflect its position as an industry leader in sustainability.

The 20 targets for 2030 continue to be organized under the four priorities that define Hang Lung’s approach to sustainability, including the below highlights:

Climate Resilience: Among the first real estate companies in Asia to have near- and long-term targets fully aligned with the Science Based Target initiative’s Buildings Criteria and its emission reduction pathway (1.5°C). Also, Hang Lung is the first real estate company in Asia to establish a Climate Value-at-Risk target.
Resource Management: The first real estate company in Asia to formulate a target for biodiversity net gain (10%) on all new development projects and major renovations, supporting urban ecosystems and enhancing green spaces.
Wellbeing: Generate at least HK$40 million in social value through community investments.
Sustainable Transactions: Collaborate with tenants representing 25% of our leased floor area through our sustainability partnerships program.

Collaboration across the value chain remains central to Hang Lung’s approach, extending beyond traditional metrics. Hang Lung aims to partner with suppliers and tenants through quantifiable targets to drive progress upstream and downstream. In addition, the Company is committed to supporting innovation in standards development to facilitate impactful sustainability initiatives across sectors and jurisdictions.

Mr. Adriel Chan, Chair of Hang Lung Properties and Chair of the Sustainability Steering Committee, commented: “We are excited to embark on this next phase of our sustainability journey, reflecting Hang Lung’s growing role not just as a leader in sustainability action, but also in sustainability thought leadership. By working closely with partners across our value chain, we are confident that we can deliver on these commitments and continue to foster excellence in sustainable development in Asia.”

Mr. John Haffner, Deputy Director – Sustainability, added: “Over the past several years, we have seen how ambitious targets focus our efforts and help develop a culture of innovation. Building on our achievements and lessons learned, our 2030 targets are sharper and more data-driven, and will help us achieve greater impact in our communities.”

Full details of the 25 x 25 wrap-up and the new 2030 targets will be shared in Hang Lung’s 2025 Sustainability Report to be released in March. The report will provide further insights into the Company’s achievements, lessons learned, and emerging plans to support the refreshed 2030 targets, inviting partners and the wider public to join forces in shaping a sustainable future.

Appendix
Overview of 2030 Sustainability Goals and Targets

Priority	2030 Goals	2030 Targets
Climate Resilience	Reduce carbon footprint in line with science and adapt to a changing climate	1. In-use operational emissions: 56.1% per m² reduction in scope 1, 2 and 3 in-use operational GHG emissions of owned and leased buildings from a 2023 base year.
		2. Upfront embodied emissions: 42% reduction in upfront embodied emissions from a 2023 base year.
		3. Renewable electricity: 70% of our landlord’s electricity consumption across the portfolio provided by renewable electricity.
		4. Adaptation: 10% reduction in our Climate Value-at-Risk compared to the absence of implemented adaptation measures.
Resource Management	Drive efficient and circular use of natural resources and help regenerate nature	5. Energy Use Intensity: 10% reduction in the landlord’s energy use intensity from a 2023 base year.
		6. Operational Waste: 35% recycling of municipal solid waste generated from operating properties.
		7. Construction Waste: 90% recycling of construction waste generated from construction sites.
		8. Water: 8% reduction in freshwater intensity from a 2023 base year.
		9. Biodiversity: 10% biodiversity net gain on all new development projects and major renovations with landscape renovation.
Wellbeing	Foster safe, inclusive and healthy spaces that enhance quality of life for all stakeholders	10. Health and safety: Maintain zero work-related fatalities, serious injuries, and occupational diseases for employees and contractors. Maintain a Lost Time Injury Rate of 1.5 or below for employees and contractors.
		11. Indoor air quality: Maintain, more than 90% of the time, PM2.5, TVOC and CO₂ levels below levels defined in the RESET Air standard.
		12. Employee engagement: Maintain an employee engagement survey rating greater than or equal to the 75^th percentile.
		13. Diversity: At least 5% of our workforce across the portfolio is comprised of people from diverse backgrounds.*
		14. Diversity: Maintain Female-to-Male pay ratio of 1:1; maintain gender balance in management positions.
		15. Social impact: Create at least HK$40 million in social value through our community investments.
Sustainable Transactions	Collaborate with key stakeholders across our value chain to advance our sustainability priorities	16. Tenant electricity intensity: Benchmarking provided to 100% of tenants across the Chinese Mainland portfolio and work with tenants towards a 10% reduction in their electricity intensity from a 2023 base year.
		17. Tenants: Tenants representing 25% of our leased floor area in applicable Chinese Mainland and Hong Kong properties participate in our tenant sustainability partnerships program.
		18. Suppliers: Regularly conduct ESG risk screening for 100% of active suppliers and provide ESG assessments for suppliers covering 50% of spending.
		19. Procurement: 15% of spending on operational procurement qualifies as sustainable procurement.
		20. Standards development: Undertake at least three innovative initiatives in standards development to help accelerate learning and sustainability impact.

* Our definition of diverse background includes people with disabilities and ethnic minorities.

Hashtag: #HangLungProperties

The issuer is solely responsible for the content of this announcement.

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong and Shanghai, the Company manages a portfolio of over 3.5 million square meters of retail, office, residential, and hotel properties across Hong Kong and mainland China.

The Company’s diverse portfolio in Hong Kong includes office towers and malls in prime districts, as well as luxury residential developments in prestigious areas. In mainland China, under the signature “66” brand, the Company’s mixed-use and retail developments are regarded as premium landmarks, strategically located in the hearts of key cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan, and Hangzhou.

The Company is recognized for pioneering sustainability in the real estate industry, with an MSCI ESG rating of AA and inclusion on CDP “A List” for Climate Change. The Company powers 80% of its operating properties in the Mainland with renewable energy, with a net zero commitment by 2050.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

Media OutReach

SPEED Secures Three Industry Awards For Digital Procurement Solutions

Published

21 hours ago

06/04/2026

Media Outreach

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 6 April 2026 – SPEED (Sistem Perolehan Elektronik Dinamik), developed and operated by CDC International Sdn Bhd (CDCi), has won three industry awards in recognition of its contribution to digital procurement and enterprise software. The platform received two honours at the Malaysia National Business Awards 2026 and one at the Malaysia Technology Excellence Awards 2026, all presented by Asian Business Review. The awards were for Excellence Award – Computer Software, Initiative Award – Digital Transformation Consulting and Enterprise Software – Government Organisation.

The awards reflect SPEED’s growing role in helping government and institutional organisations modernise procurement through more structured and transparent digital systems, in line with the MADANI agenda’s emphasis on integrity, accountability and good governance. Its adoption by organisations such as FAMA, RISDA, MARA and PERKESO further underscores the platform’s growing relevance across diverse public sector and institutional settings.

SPEED is a digital procurement ecosystem comprising SPEED Procurement, SPEED eWorks and integrated Supplier Management capabilities. Designed to support end-to-end procurement processes within a structured and auditable environment, the platform helps strengthen oversight, supports audit readiness and addresses longstanding procurement challenges such as fragmented systems, manual workflows and limited visibility across supplier engagement.

Through a centralised approach, SPEED enables organisations to manage sourcing, evaluation, contract administration and reporting in a more systematic manner. Its implementation across agencies and institutional bodies has contributed to stronger compliance, improved process efficiency and more consistent governance through standardised workflows and consolidated data management.

The ecosystem further supports wider supplier participation through structured onboarding and profiling, helping to create a fairer and more transparent procurement environment.

Chief Executive Officer of CDC International, Putri Nurul Ida Yahya, said the recognition reflected the growing importance of digital procurement in strengthening governance across organisations.

“SPEED was built to help organisations manage procurement with greater clarity, discipline and accountability. As procurement requirements continue to evolve, our priority is to ensure the platform remains practical, consistent and responsive to those needs,” she said.

She added that CDCi would continue strengthening the platform to meet a wider range of institutional procurement requirements.

These recognitions mark another milestone for SPEED as CDCi continues expanding its role in digital procurement across institutional and public sector environments.

For more information, please visit speed2u.my or contact [email protected] or +603 7885 4111.
Hashtag: #SPEED

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The issuer is solely responsible for the content of this announcement.

About SPEED

SPEED (Sistem Perolehan Elektronik Dinamik) is a governance-driven digital procurement platform designed to support the full procurement lifecycle within a secure and scalable environment. Deployed across statutory bodies and institutional organisations in Malaysia, it enables structured procurement execution, policy compliance and audit readiness, while connecting procuring entities to a nationwide supplier ecosystem. SPEED is developed, implemented and operated by CDC International Sdn Bhd, a Malaysian enterprise solutions provider specialising in system-led procurement governance.

Media OutReach

Wycombe Abbey Expands to Thailand, Supporting Bangkok’s Emergence as an Asian Education Hub

Published

21 hours ago

06/04/2026

Media Outreach

BANGKOK, THAILAND – Media OutReach Newswire – 6 April 2026 – Bangkok is set to strengthen its position as an emerging international education hub in Asia, as Wycombe Abbey, one of the United Kingdom’s most established academic institutions, prepares to launch Wycombe Abbey International School Bangkok, scheduled to open in August 2026.

(From left) Chotchawal Leetrairong, Fiona Angel, and William Vanbergen at the announcement of Wycombe Abbey International School Bangkok, reinforcing Bangkok’s growing role as a regional education hub.

The project is a collaboration between Wycombe Abbey, BE Education, and Rabbit Holdings, a subsidiary of BTS Group Holdings Public Company Limited, reflecting the continued expansion of global education networks into Asia and Thailand’s growing relevance as a destination for international schooling.

Founded in 1896 in Buckinghamshire, Wycombe Abbey is widely recognised for its academic excellence and long-standing reputation for combining rigorous British curricula, including IGCSEs and A Levels, with a holistic approach to student development. The model emphasises intellectual curiosity, leadership, and a global perspective.

Wycombe Abbey also represents a rare example of a historic global institution that has successfully maintained its academic standards while expanding internationally. Its schools in Hong Kong and major cities across China have demonstrated the ability to uphold the same quality of education, driven by close collaboration and strict academic oversight from Wycombe Abbey UK. This approach ensures consistency in teaching standards, student outcomes, and the overall educational experience across its international network.

The school’s entry into Thailand comes amid sustained growth in the country’s international education sector. Thailand currently hosts more than 250 international schools serving approximately 70,000 to 80,000 students. The market is valued at over 80 billion baht and continues to expand at an annual rate of around 10%, driven by rising demand from both Thai and expatriate families seeking globally recognised education pathways.

Bangkok’s appeal as an education destination is supported by its quality of life, safety, regional connectivity, and relatively competitive cost of living, positioning the city as a potential regional hub for international families.

Wycombe Abbey’s international network already spans Hong Kong and multiple cities in China, including Changzhou, Hangzhou, and Nanjing. Bangkok will serve as one of its newest strategic locations, with further expansion planned in Singapore and South Korea, strengthening cross-border academic connections and student mobility within Asia.

William Vanbergen, Founder and Chairman of BE Education and Chairman of the Wycombe Abbey International Advisory Board, said the expansion represents more than a geographic extension.

“Wycombe Abbey isn’t just expanding. It is bringing one of the UK’s most respected educational traditions into Asia, while creating a multi-campus network that connects students across locations through shared experiences and collaboration,” he said.

Chotchawal Leetrairong, representing BTS Group Holdings and serving as financial advisor, said the investment aligns with a broader vision of urban development.

“World-class education is a fundamental component of a global city. Our investment reflects a long-term commitment to strengthening Bangkok’s position by supporting international education, talent attraction, and economic development,” he said.

Fiona Angel, Founding Executive Headteacher of Wycombe Abbey International School Bangkok, said the school will focus on developing well-rounded students equipped for a rapidly evolving global environment.

The school will offer a continuous 15-year education pathway from Nursery to Year 13 (ages 2–18), with both day and boarding options. Boarding will remain a central element of the educational model, designed to foster independence, responsibility, and leadership within a structured learning community.

Located near Thana City on Bangna-Trad Road, the campus will span over 66 acres, positioning it among the largest international school campuses in Bangkok. Facilities will include an Olympic-standard swimming pool, FIFA-standard football field, tennis and golf facilities, basketball courts, a full athletics track, and a 1,000-seat stadium, supporting both academic and co-curricular development.

The combination of Wycombe Abbey’s academic reputation and the school’s strategic location is expected to further strengthen Bangkok’s position as an emerging Asian education hub. Situated just 10 minutes from Suvarnabhumi Airport, the campus offers convenient regional access for international families, while its high-quality boarding facilities are designed to meet the needs of students and parents across Asia. This positioning is expected to attract a growing number of families seeking world-class education within the region.

Wycombe Abbey has consistently delivered strong academic outcomes. Over the past decade, 28% of its graduates have secured places at Oxford and Cambridge, with many progressing to leading universities worldwide. Across its international network, 38% of students in its Hong Kong and China campuses have been admitted to QS Top 10 universities, while 74% have gained entry to QS Top 50 institutions globally.

With its established academic track record, international network, and large-scale campus, Wycombe Abbey International School Bangkok aims to position itself as a leading provider of British-curriculum education in Southeast Asia, while contributing to Bangkok’s long-term development as a global education destination.

For more information, please visit https://wycombeabbeyinternational.com/schools/bangkok/

Hashtag: #WycombeAbbey

https://wycombeabbeyinternational.com/schools/bangkok/

The issuer is solely responsible for the content of this announcement.

Media OutReach

TrustPal Unveils AI Paraplanner Whitepaper: Redefining Trust and Scalability in Financial & Legacy Planning

Published

22 hours ago

06/04/2026

Media Outreach

SINGAPORE – Media OutReach Newswire – 6 April 2026 – TrustPal, a leading innovator in advisory fintech, announced the release of its latest whitepaper detailing the architecture of its proprietary AI Paraplanner. The comprehensive report addresses the critical “infrastructure gap” facing the financial advisory sector as Asia braces for an unprecedented $5.8 trillion intergenerational wealth transfer by 2030.

While High-Net-Worth Individuals have long relied on family offices, the rapidly growing mass-affluent market remains critically underserved due to manual, fragmented, and prohibitive legacy planning processes. Financial advisors—the primary relationship holders—often lack the modern tools required to execute legacy plans, leading to fragmented advice where investment and insurance strategies are disconnected.

The newly released whitepaper outlines how TrustPal bridges this gap through a secure, end-to-end platform that transforms AI from a disruptive threat into a powerful digital co-pilot.

The AI Paraplanner: A Workflow-Bound Digital Co-Pilot

Unlike autonomous “robo-advisors,” TrustPal’s AI Paraplanner operates as a strictly regulated assistive layer” It is built to instantly ingest complex client data sets, cross-reference current assets against future objectives, and identify critical legacy gaps.

By processing these heavy analytical workloads instantly, the AI Paraplanner drafts tailored recommendation narratives, allowing financial advisors to shift their focus from administrative data-crunching to what truly matters: relationship building and strategic counsel.

Regulated-by-Design: The Human-in-the-Loop Safeguard

“With the AI Paraplanner, we are proving that efficiency and compliance can coexist. Our technology does the heavy analytical lifting, but the Licensed Advisor remains the sole decision-maker. We are scaling the advisor’s impact, not automating away their empathy” said Lee Tuck Wai, Managing Director of TrustPal.

To guarantee absolute security, the AI Paraplanner is built with strict safety boundaries. The system is explicitly blocked from executing any actions on its own. Furthermore, it never invents or guesses solutions; it can only recommend strategies that exist within TrustPal’s approved logic library. Every insight is generated purely in a draft state , requiring mandatory review and approval by the advisor through a strict human gate before it can be presented to the client.

TrustPal’s “Human-in-the-Loop” architecture. The AI Paraplanner streamlines the advisory workflow, but mandatory advisor approval is required before any case submission.

Empowering the Future of Advisory

TrustPal’s whitepaper serves as a vital blueprint for financial institutions, SME owners, and independent advisors seeking to navigate the future of legacy planning. The report provides an exclusive, in-depth look at the internal mechanics of the AI Paraplanner, including its 5-step validation gate and data ingestion engine.

Curious about how the AI Paraplanner accelerates financial analysis without crossing the line into automated advice? Discover the exact mechanisms, including the 5-step validation gate and data ingestion engine.

Read the Executive Summary and download the full whitepaper here: https://www.trustpal.co/whitepaper
Hashtag: #TrustPal #AIParaplanner #AdvisoryTech #LegacyPlanning #FinancialPlanning

The issuer is solely responsible for the content of this announcement.

About Simplyfi TrustPal

Simplyfi TrustPal is a pioneering FinTech OS provider dedicated to transforming the landscape of financial and legacy management. Our core mission is to provide financial advisory firms and professional consultants with cutting-edge, automated solutions for Estate Planning and Trust setup. By seamlessly automating complex workflows, TrustPal enables partners to achieve unprecedented levels of efficiency, scale their service offerings, and deliver a superior, reliable customer experience in the sensitive area of intergenerational financial transfer.

If you’d like to explore how TrustPal can support your firm’s roadmap or experience a closer walkthrough, you can book a 1-to-1 demo here: Book a Demo.