In 2016, we became the first Hong Kong listed enterprise to issue green bonds.
We are Hong Kong’s champion of green finance, evidenced by our inclusion in the Dow Jones Sustainability Indices, FTSE4Good and United Nations Global Compact.
We link people to a brighter future by piloting solutions to reduce carbon footprint.
As a leading real estate investment trust in Asia, Link places sustainability at the heart of its business operations to help mitigate the impact of climate change. “Environmental, Social and Governance” (ESG) considerations are firmly embedded in all our core business functions as a REIT — asset management, portfolio management and capital management. Our value creation model sets out principles, policies and objectives to guide our progress towards sustainability, and covers key elements that include environment, community and staff.
Our regional leadership in green finance is underlined by pioneering moves we have made over the years to promote sustainability financing.
Marking a first among Hong Kong enterprises and Asian property companies, we issued green bonds in 2016, directly linking our corporate sustainability initiatives with capital markets. In 2019, we became the first in the real estate sector worldwide to issue green convertible bonds, rated “A” by S&P. We also have in place a green finance framework to ensure transparency in how green financing proceeds are used.
In mid-2020, we raised more than 24% of our required financing through green financial instruments and ESG loans. We anticipate the percentage of green bonds and ESG financing in Link’s total financing will be further increased in future.