Connect with us

Media OutReach

Sentosa Development Corporation And Mount Faber Leisure Group Celebrate SG60 With ‘Peranakan Reimagined’ Showcase

Published

on

SINGAPORE – Media OutReach Newswire – 5 June 2025 – Sentosa Development Corporation (SDC) and Mount Faber Leisure Group (MFLG) have collaborated to transform Sentosa for ‘Peranakan Reimagined’ — a vibrant showcase that reimagines Peranakan culture through a contemporary lens. A double celebration in commemoration of SG60 as well as the 10th year anniversary of the Singapore Cable Car – Sentosa Line, this showcase will run from 23 May to 31 August 2025.

The Peranakan Reimagined weaves a tapestry of nostalgia and heritage with immersive storytelling, inviting visitors to rediscover the richness of Peranakan culture through vibrant installations, projection artworks, performances, and workshops and specially curated Peranakan dining experiences across Sentosa. The showcase pays tribute to Peranakan heritage as a part of Singapore’s cultural identity, while reimagining it for today’s audiences.

Sensoryscape: A Cultural Playground for your Senses

At Sensoryscape, which is centered around the engagement of the five senses and the sixth sense of imagination, the Peranakan Reimagined showcase transforms the multi-sensorial thoroughfare into a bold celebration of culture, brought to life through immersive larger-than-life displays where guests can see, hear, touch, and experience Peranakan heritage reimagined for today’s audiences.

At the heart of the experience stands a striking 7.2-metre-tall Peranakan-inspired house at Lookout Loop, aptly named The Peranakan House — a stunning photo spot by day that transforms into a vivid projection-mapped canvas by night. A grand reimagination of a traditional Peranakan home, this larger-than-life centrepiece adorned with intricate detailing and bold colours is a tribute to the artistry and elegance of Peranakan design. A visual journey unfolds through a curated collection of photographs within the centrepiece with contributions by various partners, capturing the spirit of various Peranakan communities.

As the sun sets, The Peranakan House comes alive with a whole new nighttime experience, with dynamic multimedia storytelling and projection artwork, illuminating the rich textures of past Peranakan life — from its intricate motifs and architecture to beloved cuisine and traditions which can be admired from different angles while strolling along Lookout Loop.

Within the Field of Beaded Blooms at Tactile Trellis, guests can also look forward to an immersive day to night experience, where the garden’s 198 panels have been transformed with vibrant designs inspired by the intricate beadwork of kasut manek – traditional Peranakan slippers. At the heart of Tactile Trellis, stands a pair of larger-than-life beaded Peranakan slippers where guests are invited to experience and feel the intricacy of Peranakan craftsmanship. Come nighttime, a new light show at Tactile Trellis brings batik motifs to life through stunning digital light art displays.

As guests continue their journey down Sensoryscape, dotted throughout the main walkway, guests can discover the Giant in Grace @ The Walkway. The resting areas that line the entire stretch have been transformed into a showcase of larger-than-life Peranakan-inspired installations, including traditional Peranakan storage jars known as kamcheng, ornate teapot sets, wedding baskets, sequinned artworks and more. The sequinned installations reveal an unexpected transformation when viewed through a camera lens, surprising visitors with fresh perspectives of familiar Peranakan icons.

Beyond Tactile Trellis and Lookout Loop, the other gardens of Sensoryscape have been refreshed to showcase different aspects of Peranakan culture that engage all senses. The showcase spans from traditional food displays complete with recipes contributed by the partners – to fashion with kebaya displays, musical instruments and various other cultural replica artifacts. These thoughtfully curated exhibits and displays are designed to provide guests with a multi-sensorial experience of Peranakan culture, reimagined in a whole new way.

Adding to the Peranakan atmosphere, Sensoryscape will come alive with vibrant live music performances by Peranakan singing group, Peranakan Sayang, and the monthly Sentosa Festive Market at Palawan Beach Walk will be complemented by Peranakan-inspired workshops such as felt beaded slipper making and more.

Singapore Cable Car – Sentosa Line: A Moving Tribute

To mark the 10th anniversary of the Sentosa Line, the cable car cabins have been transformed with vibrant Peranakan-inspired designs. Each cabin features a striking palette of pastel hues, ornate tiles, and intricate motifs, taking inspiration from the historic shophouses of Koon Seng Road — once home to Singapore’s Peranakan community. Developed with the creative input of Baba Alvin Yapp of The Intan Peranakan Home Museum, these heritage-inspired cabins turn the skies above Sentosa into a moving tribute to Peranakan culture, offering guests an aerial preview of the island-wide celebration as they journey across Sentosa’s golden beaches and coastal forests.

As part of the celebrations, local residents can also enjoy special 1-for-1 Sentosa Line promotions between 23 May to 31 August 2025 — including a Sentosa Line round trip for two at only $4 (U.P. $4 per adult, $3 per child) or 1-day unlimited rides for two at $14 (U.P. $27 per adult, $22 per child). This promotion is available only for tickets purchased at the Sentosa Line — Sensoryscape Station Ticketing Counter and the Guest Service Centre at Sensoryscape.

Sensoryscape Cable Car Station: Celebration of Kebaya Heritage

In celebration of the kebaya’s inscription on UNESCO’s Intangible Cultural Heritage list in 2024, a special showcase is now on display at both levels of the Sensoryscape Cable Car Station. Curated with recommendations from The Peranakan Association Singapore, the exhibition features eight distinctive kebayas by four acclaimed Singaporean designers, each offering a fresh interpretation of this iconic garment.

Among the highlights is Kebaya Biku by Baba Raymond Wong of Rumah Kim Choo — a replica of the kebaya designed for actress Tasha Low’s character in the hit TV series Emerald Hill – The Little Nyonya Story. Other featured designers include Ratianah Tahir, known for her timeless Malay and Peranakan silhouettes; Kavita Thulasidas, who brings bold, cross-cultural flair; and Ada Goh, whose vibrant, nature-inspired batik artistry adds a contemporary twist. Together, their creations celebrate the kebaya’s enduring legacy and evolving relevance.

Guests can also visit the Sentosa Shop @ Sensoryscape to enjoy a kebaya dress-up experience, browse a curated selection of kebayas and beaded shoes, and shop a range of Peranakan-inspired merchandise.

Siloso Point Cable Car Station: Craft, Cuisine and Culture

At Siloso Point Station, visitors can experience Peranakan heritage through two striking tiffin carrier installations — one standing at 1.8 metres and the other at 1.6 metres — inspired by The Intan Peranakan Home Museum’s collection. One installation also showcases three larger-than-life traditional Nyonya kuehs: Kueh Ku, Rainbow Kueh Lapis, and Kueh Salat. On weekends, a rotating line-up of workshops offers hands-on activities such as mini clay kueh-making and embroidery. These interactive sessions invite guests to engage with traditional crafts through a refreshed and reimagined perspective.

Bringing Heritage to Life on Sentosa

Peranakan Reimagined is part of SDC’s ongoing commitment to creating meaningful and immersive experiences that celebrate Singapore’s rich and diverse heritage. This vibrant showcase across Sentosa pays tribute to the rich legacy of Peranakan culture as part of Singapore’s multicultural identity.

Through contemporary interpretations and multisensory storytelling, Peranakan Reimagined not only honours the past but also invites new generations to connect with this unique cultural heritage in fresh and engaging ways. The showcase transforms the space into a canvas to celebrate history, spark interest, and deepen community bonds.

“As Singapore’s premier leisure destination, we are proud to present Peranakan Reimagined in celebration of SG60. Set against the backdrop of our award-winning, multi-sensorial Sensoryscape, this vibrant and colourful showcase promises to captivate the senses and elevate every visitor’s experience,” said Thien Kwee Eng, Chief Executive Officer of Sentosa Development Corporation. “Through this showcase, we reaffirm our commitment to creating engaging experiences and delivering memorable moments for all our guests. We extend our heartfelt thanks to all our partners for their invaluable contributions in bringing Peranakan Reimagined to life.”

“The 10th anniversary of the Singapore Cable Car’s Sentosa Line marks a decade of sun, sand and scenic rides and it is our pleasure to be celebrating this key milestone alongside Sentosa Development Corporation through our very first thematic showcase on the Sentosa Line,” said Buhdy Bok, Managing Director at Mount Faber Leisure Group. “We are also truly honoured to be collaborating with The Intan to pay homage to Singapore’s unique Peranakan heritage, bringing the unique traditions, arts and culinary delights of Peranakan culture to life in this special SG60 year.”

On top of the Peranakan Showcase, Sentosa is also offering various Peranakan-inspired workshops, deals and dining promotions across the island in celebration of SG60. Sentosa Islander members can also redeem a pair of Sentosa Line cable car tickets with a minimum spend of $40 at participating restaurants or shops from now till 31 August 2025.

This showcase is made possible through collaboration with the following partners: Baba Alvin Yapp of The Intan Peranakan Home Museum, Baba Gabra, Baba Richard Tan, Baba Raymond Wong of Rumah Kim Choo, Barry Yeow, Cynthia Wee-Hoefer, Gunong Sayang Association, Nyonya Christine Ong Kiat Neo (author of Nyonya Kebaya: Intricacies of the Peranakan Heritage), Peranakan Indian (Chitty Melaka) Association of Singapore, Peranakan Mansion, Peranakan Museum, Pulau Pulao, Tina Tan Leo and The Peranakan Association Singapore.

For more information on Peranakan Reimagined please visit www.sentosa.com.sg/peranakan.

High-res images available here.

Hashtag: #Sentosa #SentosaDiscovery #DiscoveryNeverEnds

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

About Sentosa

Sentosa, where discovery never ends, is Asia’s leading leisure destination and Singapore’s premier island resort getaway, located within 15 minutes from the central business and shopping districts. The island resort is managed by Sentosa Development Corporation, which works with various stakeholders in overseeing property investments, attractions development, and operation of the various leisure offerings and management of the residential precinct on the island.

The 500-hectare island resort is home to an exciting array of themed attractions, award-winning spa retreats, lush rainforests, golden sandy beaches, resort accommodations, world-renowned golf courses, a deep-water yachting marina and luxurious residences – making Sentosa a vibrant island resort for business and leisure. Sentosa is also home to Singapore’s first integrated resort, Resorts World Sentosa, which operates Southeast Asia’s first Universal Studios theme park.

Situated on the eastern end of Sentosa Island is Sentosa Cove, an exclusive waterfront residential enclave bustling with more than 2,000 homes, quayside restaurants, retail and specialty shops. The island is also proud to be home to Sentosa Golf Club and its two acclaimed golf courses, The Serapong and The Tanjong. Sentosa Golf Club has hosted a number of high-profile professional and amateur tournaments, including the Singapore Open and HSBC Women’s World Championship, welcoming international star players and world-class golf professionals from across the world.

Welcoming a growing number of local and international guests every year, Sentosa is an integral part of Singapore’s goal to be a global destination to work, live and play. For more information, please visit:.

About Sentosa Development Corporation

Sentosa Development Corporation (SDC) was established on 1 September 1972 as a Statutory Board under the Ministry of Trade and Industry. Its charter since inception has been to oversee the development, management, marketing, and promotion of the island of Sentosa as a resort destination for locals and tourists.

SDC wholly owns its subsidiaries Sentosa Cove Resort Management Pte Ltd and Sentosa Golf Club Pte Ltd. SDC also owns the Singapore Cable Car Sky Network, managed by Mount Faber Leisure Group Pte Ltd, a wholly owned subsidiary which operates as an autonomous commercial arm.

As a testament to its commitment to sustainability, SDC has been conferred the Global Sustainable Tourism Council – For Destinations (GSTC-D) certificate, making Sentosa the first island destination in Asia to receive this accolade.

About Mount Faber Leisure Group

Mount Faber Leisure Group (MFLG) is one of Singapore’s leading operators of a suite of leisure and lifestyle services, including attractions, guided tours, event venues, souvenir and lifestyle outlets as well as F&B operations. The company’s portfolio of products and services include the Singapore Cable Car, SkyHelix Sentosa, Sentosa Island Bus Tour, Mount Faber Peak, Arbora @ Mount Faber Peak, Arbora Café @ Mount Faber Peak, Dusk @ Mount Faber Peak, The Mirabilis Bar @ Mount Faber Peak, Cable Car Gift Shop and Faber Licence. The company also operates the Central Beach Bazaar in Sentosa that includes Wings of Time Fireworks Symphony, Good Old Days, Food Kiosks at Central Beach Bazaar, and Sentosa Shop.

Spanning across the hilltop at Mount Faber and Sentosa Island, MFLG’s products are linked by the Singapore Cable Car Sky Network of six stations on two main lines – the Mount Faber Line that connects mainland Singapore to the resort island of Sentosa, and the Sentosa Line that connects to the island’s western end at the Siloso Point.

Its legal name remains as Mount Faber Leisure Group Pte Ltd, which is a wholly owned subsidiary of Sentosa Development Corporation and operates as an autonomous commercial arm.

MFLG is also one of the 17 founding members of Singapore’s first carbon neutrality-driven business alliance, the Sentosa Carbon Neutral Network (SCNN), which was established in September 2021. The SCNN is a collective public-private effort to achieve Sentosa’s sustainability goals, including carbon neutrality by 2030. MFLG is also a member of the Carbon Pricing Leadership Coalition (CPLC) Singapore and a recipient of the LowCarbonSG Logo, awarded to companies that successfully measure and monitor their carbon footprints.

Visit for more information.

Advertisement

Media OutReach

From Engineering Feats to Ecological Regeneration, Vinhomes Green Paradise Debuts the ESG++ Framework for Future Cities

Published

on

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 13 January 2026 – For decades, the global map of urban development seemed firmly defined by familiar names. The United States shaped the world’s financial megacities; Dubai astonished the globe with audacious land reclamation projects; Singapore became a benchmark for disciplined, sustainable planning. Within that sweeping current, Vietnam was often perceived as a latecomer, observing, learning, adapting, and steadily refining its own path.

Today, that narrative is shifting. When Vinhomes Green Paradise confidently steps onto the global stage, alongside projects from the world’s most advanced economies, it represents far more than the launch of a new development. It marks a moment when Vietnamese urban thinking moves beyond its domestic context, ready to be assessed, debated, and recognized at a regional and international level.

This is not merely a project announcement. It is a signal of transformation.

When Vietnamese Cities Enter the Global Conversation

Vietnam has, in recent years, earned international recognition through prestigious awards in planning, architecture, and real estate, including the Asia Pacific Property Awards and the International Property Awards. These accolades reflect the growing professionalism and creative capacity of Vietnamese developers, architects, and planners.

Yet Vinhomes Green Paradise occupies a different dimension of aspiration. Its significance does not lie in a single master plan or architectural statement, but in a comprehensive urban philosophy, one where sustainability, advanced technology, and environmental responsibility are no longer supporting ideas, but core drivers placed on equal footing with economic growth.

In this sense, the project signals that Vietnamese expertise has matured. It suggests a readiness not just to learn from the world, but to engage in meaningful dialogue with it, and to contribute original thinking to the global discourse on future cities.

The choice of location is no coincidence. Can Gio is one of Vietnam’s most ecologically sensitive regions, home to more than 75,000 hectares of mangrove forests recognized by UNESCO as a World Biosphere Reserve.

Developing nearly 3,000 hectares in such an environment presents an unprecedented challenge. In a place where ecosystems are delicate and interconnected, any miscalculation could leave irreversible consequences.

Vinhomes Green Paradise emerges precisely within this context. It serves as a comprehensive test of urban knowledge, technological capability, governance capacity, and, above all, environmental accountability. Its implementation demonstrates that Vietnamese enterprises are prepared to meet the most demanding international standards in ecological urban development.

From Urban Project to UrbanNature Ecosystem

What truly distinguishes Vinhomes Green Paradise is not its scale, but its development philosophy. The project is not positioned as a conventional modern township. Instead, it is conceived as an integrated urban–nature ecosystem, where human life and the natural environment coexist in a state of long-term balance.

Green infrastructure, smart-city technologies, renewable energy systems, digital governance, and ecological restoration are woven into a single, unified framework. Globally, only a handful of pioneering cities, such as Masdar in the United Arab Emirates or Songdo in South Korea, have pursued such an integrated approach at scale.

The emergence of Vinhomes Green Paradise signals that Vietnam is no longer standing at the periphery of this movement. It is entering the arena with the confidence to participate, and potentially to lead, in the global race toward sustainable urban futures.

ESG++: Beyond Sustainability Toward Regeneration

While ESG (Environmental, Social, Governance) principles have become a global standard, Vinhomes Green Paradise advances the concept further through an ESG++ framework, adding two critical dimensions: Regeneration and Resilience.

Rather than expanding by consuming natural resources, the project prioritizes ecological restoration, aiming not merely to minimize harm, but to actively return value to the environment. The vision is of a city that can generate its own energy, treat and reuse its wastewater, and maintain ecological equilibrium over time.

Urban experts increasingly agree that such models are essential in an era of climate change, particularly for coastal cities facing rising sea levels and extreme weather. In this context, Vinhomes Green Paradise contributes to defining a new benchmark for sustainable coastal urbanism, not only in Vietnam, but globally.

Building a megacity in an environmentally sensitive coastal zone demands deep interdisciplinary expertise, spanning geology, hydrology, ecology, materials science, and energy systems. The financial and technological investments required are immense, and few developers are willing, or able, to assume such complexity and risk.

It is within this demanding framework that the involvement of AOMI Construction Co., Ltd., becomes particularly significant. AOMI is the owner of the K-DPM soil solidification technology, one of the world’s most advanced solutions for soft-ground and land reclamation projects.

Drawing from Japan’s extensive experience as an island nation with limited land resources, Mr. Okori Katsumi, a Japanese expert, representative of AOMI Construction Co., Ltd., explains: “Japan has long faced constraints in land availability. For decades, we have turned to the sea, creating airports, urban spaces, and new living environments through carefully engineered land reclamation.”

Traditional methods, such as mixing cement directly with soil, revealed critical limitations in scale and transportability. K-DPM technology was developed to overcome these barriers by using high-pressure air to move and solidify large volumes of dredged material, reducing construction time while minimizing environmental impact through reduced reliance on sand extraction.

From Engineering Feats to a 21st-Century Symbol

Japan’s experience in land reclamation has consistently emphasized environmental protection, using containment barriers to limit water turbidity, and applying strict standards for pH levels and material compatibility with surrounding ecosystems. These principles are now being adapted and elevated in Can Gio.

For Vingroup, Vinhomes Green Paradise is not its first venture into coastal engineering. In 2017, the VinFast manufacturing complex in Hai Phong, over 60% of which involved land reclamation, was completed in a record 21 months, setting new benchmarks for speed and technical execution.

In Can Gio, the challenge has been taken further. The project benefits from consultancy by Dutch experts, representing a nation globally renowned for water management and land reclamation expertise. The objective extends beyond structural durability to the comprehensive preservation of indigenous ecosystems over the long term.

If land reclamation once astonished the world through icons like Palm Jumeirah in Dubai, Vinhomes Green Paradise seeks to redefine that legacy through a fundamentally different philosophy: Respect for nature and ecological regeneration.

This ESG++ megacity is more than proof of advanced engineering capability. It stands as a symbol of Vietnam’s national vision, one that looks toward the ocean not as a frontier to conquer, but as a partner in shaping resilient, future-ready cities.

Ultimately, Vinhomes Green Paradise is not simply a real estate development. It is a declaration of aspiration and confidence, a statement that Vietnamese urbanism has entered a new era, where healing people and healing nature are no longer separate goals, but a shared mission for sustainable progress in the 21st century.

Hashtag: #Vinhomes

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

Continue Reading

Media OutReach

HDBank completes issuance of US$100 million green bonds to international investors

Published

on

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 12 January 2026 – Ho Chi Minh City Development Commercial Bank (HDBank, ticker symbol: HDB) has successfully issued a second tranche of international green bonds worth US$50 million to the Dutch Entrepreneurial Development Bank (FMO) and British International Investment (BII), the UK’s development finance institution and impact investor, completing its $100 million international green bond initiative in 2025.

HDBank’s international green bond programme strengthens funding diversification and supports sustainable, green and inclusive finance initiatives in Vietnam.

The announcement was made at “The USD100 Million Green Bond Issuance Disclosure Ceremony” recently held between HDBank and its green bond investors including FMO, BII and the International Finance Corporation (IFC) – a member of the World Bank Group in the presence of the Deputy Consul General of the Netherlands and representatives from the British Consulate General in Ho Chi Minh City.

The bonds included $30 million privately issued to FMO and $20 million to BII. The first tranche was issued to IFC, which facilitated the participation of FMO and BII in the second tranche.

The bonds have a three-year term, are non-convertible and unsecured and issued without warrants.

Nguyen Huu Dang, HDBank’s CEO, said: “Sustainable development goals lie at the heart of HDBank’s strategy, which is centred on delivering the best value for customers, partners and the community. This international green bond initiative marks an important stepping stone on our journey towards achieving those goals.”

The issuance help diversify HDBank’s funding sources, support its sustainable growth strategy and create a foundation for it to continue attracting additional international capital for green finance, sustainable development and inclusive finance initiatives in Vietnam.

This, in turn, helps customers access capital to deploy solar energy projects, electric vehicles, green buildings, and other energy-saving solutions.

Projects financed by the green bond proceeds must undergo rigorous screening, meet environmental and social risk management requirements, and comply with eligibility criteria under the Bank’s Sustainable Finance Framework. These projects are expected to reduce approximately 102,000 tons of CO₂ over 10 years, improve environmental quality and contribute to Vietnam’s Net Zero 2050 commitment.

Weichuan Xu, IFC’s lead for the Financial Institutions Group in Vietnam, Cambodia and Lao PDR, said the issuance marked a significant step in expanding HDBank’s climate finance portfolio and advancing Vietnam’s economic and social progress.

“The funds raised will support projects that foster sustainable industries, generate jobs and strengthen communities,” he added.

Representatives from FMO and BII also highlighted the transaction as a strong signal of the growing readiness and potential of Vietnam’s sustainable finance ecosystem, helping attract more capital for climate-responsible projects.

With this milestone, HDBank reinforces its commitment to sustainable finance and the long-term prosperity of its customers, partners and the community, while expanding its presence on the global financial map.

Hashtag: #HDBank

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

Continue Reading

Media OutReach

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

Published

on

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 75th 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 .

Continue Reading

Trending