Potential offtaker

Hang Lung Group Limited

www.hanglung.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Hang Lung Group Ltd is a Hong Kong-based company that operates in the Multi Asset Class Own & Develop sector. The company has a diverse portfolio of assets, including commercial properties, residential developments, and hotels. Hang Lung Group Ltd is committed to sustainable development and has implemented various initiatives to reduce its carbon footprint.

Decarbonisation is a key focus area for Hang Lung Group Ltd. The company has set a target to reduce its carbon emissions by 30% by 2025. To achieve this target, Hang Lung Group Ltd has implemented various measures, including energy-efficient lighting, HVAC systems, and building automation systems. The company has also invested in renewable energy sources such as solar panels and wind turbines to generate clean energy.

Corporate energy management is another important area for Hang Lung Group Ltd. The company has implemented a comprehensive energy management system to monitor and control energy consumption across its properties. The system includes real-time monitoring of energy consumption, automatic shutdown of non-essential equipment, and energy-efficient lighting and HVAC systems. Hang Lung Group Ltd also conducts regular energy audits to identify areas for improvement and implement energy-saving measures.

Corporate power purchase agreements (PPAs) are an important tool for Hang Lung Group Ltd to source renewable energy. The company has signed several long-term PPAs with renewable energy providers to source clean energy for its properties. These PPAs not only help Hang Lung Group Ltd to reduce its carbon footprint but also provide cost savings on energy bills.

Renewable energy is a key focus area for Hang Lung Group Ltd. The company has invested in various renewable energy projects, including solar panels and wind turbines. Hang Lung Group Ltd has also signed several PPAs with renewable energy providers to source clean energy for its properties. The company is committed to increasing its renewable energy capacity and reducing its reliance on fossil fuels.

In addition to its focus on sustainability, Hang Lung Group Ltd is also committed to social responsibility. The company has implemented various initiatives to support the local community, including education and healthcare programs. Hang Lung Group Ltd also supports environmental conservation efforts and has implemented various measures to reduce waste and promote recycling.

Overall, Hang Lung Group Ltd is a leading company in the Multi Asset Class Own & Develop sector with a strong focus on sustainability and social responsibility. The company has implemented various initiatives to reduce its carbon footprint, including decarbonisation, corporate energy management, corporate PPAs, and renewable energy. Hang Lung Group Ltd is committed to sustainable development and is a role model for other companies in the industry.

✓ Declared Net Zero commitment