Sino Group is delighted to announce that Sino Land Company Limited joined the United Nations Global Compact (‘UNGC’) as a Signatory in April 2020, standing in collaboration with over 13,000 leading companies, organisations and governments to champion principled business to build a better community.
Launched in 2000, the UNGC is an international initiative aiming to align companies’ operations and strategies with the Ten Principles covering areas including human rights, labour, environment and anti-corruption. It is the largest corporate sustainability initiative in the world with more than 10,000 companies and 3,000 non-business signatories from 160 countries. It guides and supports the global business community in advancing UN goals and values through responsible corporate practices.
By joining the UNGC, Sino Group reaffirms its commitment to operating in an environmentally responsible manner and maintaining zero tolerance towards corruption. It also aligns its sustainability strategies with 15 United Nations Sustainable Development Goals and reports progress to promote responsible business practices.
‘At Sino, sustainability is integral to our business. We uphold integrity and integrate sustainability into all aspects of our operations, from strategic planning and management to day-to-day operations and community work. Our participation in the UNGC is one step ahead to make sustainability improvement a reality as we play our part in building a better future together,’ remarks Mr Daryl Ng, Deputy Chairman of Sino Group.
In a continuous effort to drive sustainability, Sino Group has set a target of reducing carbon emission by 16% (common areas of buildings under management) by 2020 from 2012 level; the target has been achieved one year ahead of the schedule. The Group is also taking concrete steps to reduce single-use plastic consumption by 50% by 2022 (from 2017 level) across the board. Thanks to support from our customers and staff, over one million plastic bottles have been saved since the installation of 100 smart water stations in our hotels and malls in Hong Kong.