Targets
Status
100% of sustainability-linked finance transactions to include at least one dimension in each of ESG
We are a pioneer in sustainable finance. We issued the first green bond in Hong Kong in 2016, making us the first property issuer tapping green financing in Asia Pacific.
Investors and capital providers are key stakeholders that we engage with in our sustainability finance journey to maximise our collective impact. Sustainable financing arrangements connect us with like-minded investors and hold us accountable to our sustainability goals.
As of 31 March 2026, close to 8% of our outstanding bond and loan facilities are tied to our sustainability performance.
100% of sustainability-linked finance transactions to include at least one dimension in each of ESG
Achieved
On Track
Lagging Behind
Not Commenced
Our sustainable finance transactions are governed by our Sustainable Finance Framework, which was developed in alignment with international market standards and best practices. This includes use of proceeds transactions and sustainability-linked transactions.
The Framework requires all future sustainability-linked finance transactions to include at a minimum, one target under each of the Environment, Social and Governance aspects, and we are the first property company in Hong Kong with such a requirement. We believe this ambitious new framework will support our organisation wide sustainability goals.
Second Party Opinion by HKQAA
Second Party Opinion by S&P Global Ratings
Second Party Opinion by Sustainalytics
See more on how we achieve our goals below:
(as of 31 March 2026)
| Transaction Date(1) | Loan Size (HK$ Equiv.) | Loan Tenor | Remarks |
|---|---|---|---|
| June 2025 | 1,000,000,000 | 4-year | Environmental-linked loan |
| Total to Date | 1,000,000,000 |
(1) Loan transaction in January 2021 (loan size HK$ Equiv. 1,045,580,000), April 2021 (loan size HK$ Equiv. 500,000,000), September 2021 (loan size HK$ Equiv. 500,000,000), September 2021 (loan size HK$ Equiv. 1,000,000,000) and March 2022 (loan size HK$ Equiv. 12,000,000,000) has been fully repaid.
(as of 31 March 2026)
| Transaction Date(1) | Bond Size (HK$ equiv.) | Coupon Rate | Bond Tenor | Bond Maturity | Relevant Framework | Use of Proceeds Requirement |
|---|---|---|---|---|---|---|
| Jul 2016 | 3,878,100,000(2) | 2.875% | 10-year | Jul 2026 | Link’s Green Bond Framework 2016 | Green building certification, energy efficiency, reduce waste to landfill, improve water efficiency, promote adoption of low carbon transportation including electric vehicles, and improve climate change resilience |
| Total Transactions | 3,878,100,000 |
(1) The HK$ equivalent 4 billion bond issued in March 2019 reached maturity in March 2024.
(2) US$500 million bond. HK$ equivalent calculated using Bloomberg currency conversion rate as of transaction date.