Overall Net-Zero Target: Hang Lung Properties Limited commits to reach net-zero greenhouse emissions across the value chain by 2050. Near-Term Targets: Hang Lung Properties Ltd. commits to reduce scopes 1, 2 and 3 in-use operational GHG emissions of owned and leased buildings, covering downstream leased assets, 56.1% per m2 by 2030 from a 2023 base year. Hang Lung Properties Ltd. also commits to reduce absolute scope 3 GHG emissions from purchased goods and services 42.0% within the same timeframe. Hang Lung Properties Ltd. commits to install no new fossil fuel equipment that is owned or financially controlled by the company in its buildings portfolios from January 01, 2030. Long-Term Targets: Hang Lung Properties Ltd. commits to reduce scopes 1, 2 and 3 in-use operational GHG emissions of owned and leased buildings, covering downstream leased assets, 98.8% per m2 by 2050 from a 2023 base year. Hang Lung Properties Ltd. also commits to reduce absolute scope 3 GHG emissions from purchased goods and services 90.0% within the same timeframe. Hang Lung Properties Ltd. further commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting and investments 90.0% within the same timeframe.