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 Intensity 2025 Target 2022 Progress Hong Kong Portfolio 10% 9.2% Chinese Mainland 20% 25.9% Portfolio Hotels 8% 15.1% Remarks: • 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. • For Hotels, the water intensity reduction targets set is compared to a 2018/2019 baseline year. Materials Used GRI By Projects Under Development in 2022 301-1 119,879 m3 15,372 tonnes 2,139 m3 Concrete Reinforcement bar Timber 5,850 MWh 308,593 litres 71,444 m3 Electricity consumption Diesel consumption Water consumption Remarks: • Projects under development refers to projects that are under construction or in the pre-certification stage. • Includes investment properties under development in all portfolios, including joint venture and non-joint venture projects. • “Diesel consumption” includes biodiesel consumption. SUSTAINABLE DEVELOPMENT REPORT 2022 173