Our stakeholders play a vital role in helping us continually identify and inform ourselves about sustainability issues.
We engage them through our materiality assessment process to identify issues that are material and relevant to our business, helping us prioritise, focus and integrate these into our activities.
By aligning the efforts of multiple stakeholders, we are better prepared to identify and address contemporary challenges. We apply the Business as Mutual mindset when addressing local topics such as waste management to global challenges like climate change. This enables more informed decision making and strategic feedback to provide better solutions and greater ecosystem-wide shared value.
By setting long term targets and working on improvements and initiatives under each of our sustainability focus areas namely Environmental (E), Social (S), Governance (G), we strive to make positive impact on society and the environment.
Target Status
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On Track
Lagging Behind
Not Commenced
We recognise and support the global goal to limit temperature rise and to prepare our portfolio in the face of physical and transitional risks.
Key Sustainability Target | Status | 2021/2022 Progress |
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25% reduction in carbon emissions intensity (Scope 1 & 2) across our portfolio by 2025/2026 (compared to 2018/2019 baseline) |
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Net Zero carbon emissions (Scope 1 & 2) by 2035 | ||
Set SBTi approved net zero carbon emissions targets (Scope 1, 2 & 3) by 2024/2025 | ||
100% renewable energy adoption across our portfolio by 2035(1) |
Key Sustainability Target | Status | 2021/2022 Progress |
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Conduct climate risk assessments across our portfolio and develop corresponding climate resilience strategies |
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Engage with investors and regional-level policymakers to develop comprehensive climate resilience strategies |
(1) To cover our electricity footprint via renewable energy installations, purchasing of renewable energy credits and direct investments in renewable energy.
Owning and operating buildings is our business, and it is through continuous improvement of the sustainability performance of our buildings as well as our management processes that we can reduce our environmental footprint and create positive impact.
Key Sustainability Target | Status | 2021/2022 Progress |
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100% green building certification coverage across our portfolio by 2025/2026(2) |
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Develop minimum sustainability performance standards for each asset class and meet these standards by 2025/2026 |
(2) Green building certification includes environmental, health and well-being related building certification schemes. Portfolio includes retail, office and logistics assets, but excludes retail <40,000 sq ft by IFA and car park properties. Newly acquired/developed assets without green building certification to be excluded from calculation for up to 24 months.
We are committed to support a sustainable planet by improving resource management in our buildings and operations which consume natural resources.
Key Sustainability Target | Status | 2021/2022 Progress |
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30% reduction in electricity intensity across portfolio by 2035 (compared to 2018/2019 baseline) |
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5% reduction in electricity intensity by 2025/2026 (compared to 2018/2019 baseline) |
Key Sustainability Target | Status | 2021/2022 Progress |
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>50% general waste recovered/recycled by 2035(3) |
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Zero organic waste to landfill | ||
Reduce single-use plastics generated in Link’s premises |
Key Sustainability Target | Status | 2021/2022 Progress |
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Reduce general water use intensity (per sq m) by 10% by 2035 (compared to 2018/2019 baseline)(4) |
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Key Sustainability Target | Status | 2021/2022 Progress |
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100% of new developments and redevelopments to conduct biodiversity assessments |
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Maintain >70% of our horticulture investment sum in planting native flora |
(3) General waste includes organic, inorganic and recyclable waste (including any tenant waste) handled by Link at properties where Link has operational control. Excludes construction waste and hazardous waste.
(4) Including water for cleansing, flushing, potable uses, irrigation and other minor uses but excluding cooling tower water.
Understanding the needs and expectations of our stakeholders and engaging with them on our sustainability journey is key to maximising value creation.
Key Sustainability Target | Status | 2021/2022 Progress |
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Build a diverse workforce that represents the communities we operate in (considering skill-sets, industry expertise and experience, background, ethnicity, age and gender) |
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Ensure equal opportunities for career advancement | ||
Pursue zero fatalities, zero staff injury incidents and zero prosecution related to OHS Regulations across all of Link’s daily operations | ||
Conduct employee surveys at minimum every 2 years, targeting 85% or greater response rates and engagement scores of 3.5 or greater | ||
Maintain >16 hours of training per year for all staff |
Key Sustainability Target | Status | 2021/2022 Progress |
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50% green lease adoption in Hong Kong and Mainland China by 2026/2027 |
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Key Sustainability Target | Status | 2021/2022 Progress |
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100% implementation of Supplier Code of Conduct and Procurement Policy |
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Environmental and social compliance review of top 5 suppliers in each business unit annually |
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Key Sustainability Target | Status | 2021/2022 Progress |
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Maintain >80% customer satisfaction rate |
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>10% housekeeping and security staff hired locally from underprivileged groups by 2026/2027 in Hong Kong | ||
Contribute an amount of up to 0.25% of net property income to charity and community engagement |
We support innovation inside and outside of our business operations by being continually open-minded to new ways of doing business.
Key Sustainability Target | Status | 2021/2022 Progress |
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Investigate and invest in new technologies, materials, processes and business models |
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Engage and collaborate with NGOs and start-ups to achieve sustainability targets |
We are committed to adhering to industry corporate and sustainability governance standards and best practices and to ensure open and objective reporting across all our practices.
Key Sustainability Target | Status | 2021/2022 Progress |
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Maintain an independent and diverse Board (considering skill-set, industry expertise and experience, background, ethnicity, age and gender) |
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Key Sustainability Target | Status | 2021/2022 Progress |
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100% sustainability-linked finance transactions to include E, S, G KPIs |
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Be an advocate of sustainable finance, striving to grow sustainable finance and to improve best practices | ||
100% implementation of Responsible Investment Policy |
Key Sustainability Target | Status | 2021/2022 Progress |
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Strengthen climate disclosures by aligning to TCFD recommendations |
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