MENU PLACES PEOPLE PARTNERS PEPERRFOFORRMMAANNCCEE PERFORMANCE ((ENENVVIIRROONNMENMENTT)) (ECONOMIC) Performance (Environment) Policies 2022 Progress Profile of Environmental Impacts Climate Change Energy Resource and Circularity Water Biodiversity Occupant Wellbeing Building/Asset Investments Water Water Reduction 2025 KPI Progress Updates in 2022 • Reduction of water intensity: • Reduction of water intensity: 3 2 3 2 Hong Kong portfolio2³ (m /m ) Hong Kong portfolio (m /m ) 10% 9.2% 3 2 3 2 Chinese Mainland portfolio2³ (m /m ) Chinese Mainland portfolio (m /m ) 20% 25.9% 3 3/guest night) Hotels24 (m /guest night) Hotels (m 8% 15.1% Biodiversity Integration 2025 KPI Progress Updates in 2022 • Conduct biodiversity surveys in 50% • The findings and recommendations from of new development projects the completed urban biodiversity study • Implement guidelines to integrate of our Taikoo Place redevelopment have biodiversity considerations into new been discussed and shared with various developments departments to enhance the biodiversity of both existing projects and projects under development. The findings from the study will be used to establish guidelines to integrate biodiversity considerations in future new projects. 2³ Our Hong Kong portfolio refers to our office and retail portfolios in Hong Kong, excluding hotels; our Chinese Mainland portfolio refers to our office and retail portfolios in the Chinese Mainland, excluding hotels. For our Hong Kong portfolio and Chinese Mainland portfolio, the water intensity reduction targets are compared to a 2016 BAU baseline year. 24 For Hotels, the water intensity reduction targets set is compared to a 2018/2019 baseline year. SUSTAINABLE DEVELOPMENT REPORT 2022 164