About this Report
What's New - Transition to Online-only Presence
Since year 2014/2015, we have reached a new stage in our sustainability reporting journey. We moved from Global Reporting Initiative (GRI) G4 Core Option to Comprehensive Option and have opted to report on our corporate sustainability progress via corporate website. Information on the website will be updated periodically.
The Sustainability Report 2015/2016 ("the Report") was prepared in accordance with the Comprehensive Option of the Sustainability Reporting Guidelines Version 4 (G4) and the Construction and Real Estate Sector Disclosures, published by GRI. The GRI Content Index correlates GRI indicators with associated sections in this Report. An independent third-party assurance was conducted to verify the completeness and accuracy of this Report and to ensure compliance with the Comprehensive Option of GRI G4 Guidelines.
The Report highlights our major sustainability initiatives and achievements from 1 April 2015 to 31 March 2016. The report covers our 168 properties owned by Link including two new properties and a commercial development in Kowloon East, Hong Kong.
Notes to Reader
The Report is published online and is available in web-based interactive html version and text-only versions, in two languages (English, Traditional Chinese and Simplified Chinese). The interface has been prepared in accordance with the W3C Web Content Accessibility Guidelines 2.0.
Sustainability is good for those around us, and therefore good for our business. This does not mean just simply “doing good” for environmental and social reasons, but instead, it requires us to transform how we do business by integrating sustainability into our strategy and operations. When we make business decisions, we refer to our sustainability framework and ensure that multiple elements are addressed. This means that gauging the success of our business should take into account both financial and non-financial indicators.
Please click to find the Data Tables for our environmental performance, human resources data and occupational health and safety data.
Certification and Assurance
Our Annual Report 2015/2016 has been verified by the Hong Kong Quality Assurance Agency.
Please click here to find the Verification Statement.
We follow the Global Reporting Initiative Framework ("GRI") (G4) and the corresponding Construction and Real Estate Sector Supplement ("CRESS").
Please click here to find the Construction and Real Estate Sector Supplement.
HKEx ESG Reporting Guidelines Index
Our Annual Report 2015/2016 also complies with The Stock Exchange of Hong Kong Limited's ("HKEx") recommended best practices for Environmental, Social, Governance reporting.
Please click here
to find the HKEx ESG Reporting Guidelines Index.
United Nations Global Compact
The United Nations Global Compact (UNGC) is an international initiative outlining ten principles for responsible business in the areas of human rights, labour, the environment and anti-corruption. The principles are derived from the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption. We signed up to the UNGC to reaffirm our commitment to respect labour standards and human rights, to operate in an environmentally responsible manner and to maintain zero tolerance towards corruption.
Please click here
to find the index to our performance demonstrating the Global Compact’s ten principles in our business.
Dow Jones Sustainability Indices (DJSI)
Link REIT has been selected as an index component of the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), another world-wide recognition on our sustainability efforts following our inclusion in the FTSE4Good Index.
We are the first and only Hong Kong-listed REIT newly included in the DJSI Asia Pacific in the recent component changes. The Dow Jones Sustainability Indices follow a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics, including corporate governance, economic, environmental and social criteria. The addition of Link REIT in DJSI Asia Pacific serves as an excellent acknowledgment of our sustainability leadership in the industry.
FTSE4Good Index Series
Link REIT has also been included in the highly regarded FTSE4Good Index Series, a first for Hong Kong-listed REITs. Link REIT is also the first Hong Kong-based business enterprise to be included in the FTSE4Good Index since 2013, confirming Link REIT’s compliance with internationally recognised social responsibility standards.
The FTSE4Good Index Series is an index designed for objectively measuring the performance of companies that meet globally recognised corporate responsibility standards. It is also a valuable tool for the investment community when assessing or creating responsible investment products.
Global Real Estate Sustainability Benchmark (GRESB)
Link REIT achieved “Green Star” status in the Global Real Estate Sustainability Benchmark (GRESB) for the second consecutive year, another global recognition of Link REIT’s outstanding management and implementation of key sustainability issues.
The 2014 GRESB survey shows Link is the first among its peers in East Asia region, covering Japan, China, Korea and Hong Kong. It is in the top 100 among 637 business enterprises surveyed by the international benchmark. Link has recorded a 10% rise in overall score when compared to 2013, and achieved scores higher than the peer average in all eight assessed areas, according to the survey. Link will also join the GRESB Benchmark Committee so that inputs specific to the Asia Pacific region could be provided, and how GRESB can add value to the real estate industry could be better understood.
Carbon Disclosure Project
Link has obtained the “Best Year-On-Year Change for Hong Kong” Award at the 2014 Carbon Disclosure Project (CDP) Hong Kong and South East Asia Climate Leadership Awards. These global recognition demonstrate Link’s outstanding performance in implementing sustainability in its operations.
CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including institutional investors, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them.