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8

Hongkong Land Property Management

ENVIRONMENT

Our on-going commitment

to carbon reduction

At Hongkong Land, energy and carbon management go

hand in hand with managing our buildings. Reducing

our carbon emissions has been at the heart of the

Company’s sustainability drive since 2009.

By the end of 2015, we had reduced our carbon

emissions by 133,550 tonnes over the last seven years,

as compared with 2008, which we treat as our baseline

year. To put this in perspective, you would have to plant

5.8 million trees in order to absorb this much carbon

dioxide and other greenhouse gases in the space of

one year. The Company has made these leaps forward

by significantly reducing our electricity consumption

over the past seven years: between 2009 and 2015, we

reduced our consumption by a total of 116 million kWh.

This equates to average yearly savings of US$2.8 million

in operating costs.

We reduced our carbon emissions by optimising

our existing operation systems, and by undertaking

major upgrades, retrofitting and modernisation work

on our Central portfolio. Key elements of the upgrade

process have included shifting all our lighting systems

to LED, modernising our lifts and replacing our chiller

plant with one that is more energy efficient.

Successes so far

Carbon reduction

equivalent to

planting

5.8m

trees

116million kWh

Reduction in

electricity

consumption

between 2009

and 2015

Cumulative Carbon Reduction

(in kTons CO

2

e)

(as compared to baseline year of 2008)

2009 2010 2011 2012 2013 2014 2015

0

-20

-20

-60

-80

-100

-120

-140

-160

Cumulative Energy Saving

(in million kWh)

(as compared to baseline year of 2008)

2009 2010 2011 2012 2013 2014 2015

140

120

100

80

60

40

20

0