Sino Land Company Limited (Sino Land) announced Saturday that that they will be collaborating with the Hong Kong University of Science and Technology (HKUST) to work scientifically to go net zero carbon by 2050.
On World Environment Day, June 5th, 2021, Sino Group‘s Sino Land joined a global pledge to support United Nations-led campaign Business Ambition for 1.5°C. The campaign calls on businesses to set science-based targets with the goal of limiting global the temperature rise to only 1.5°C above pre-industrial levels. In order to accomplish this target, Sino Land will be working with HKUST to set these goals in order to go net zero carbon by 2050.
Sino Land will be working with the university’s top academics and professionals to reinforce their environmental footprint through extensive goals and targets. One primary goal of this collaboration will to be to perform an analysis on how Sino Land will consume energy responsibly and sustainably to make a real long-term difference.
“Our HKUST research team is pleased to collaborate with Sino Land to develop a roadmap in achieving net zero carbon by 2050. We will also work with the team to develop science-based targets to meet the goals set in the Paris Agreement and decarbonise the built environment,” said Professor Irene Lo, Chair Professor at the Department of Civil and Environmental Engineering, Hong Kong University of Science and Technology.
In 2020, Sino Group also launched Sustainability Vision 2030, to target and set a course for sustainability across all of the company’s operations. Sino Land also joined the UN Global Compact in 2020, promoting environmental responsibility through the use of innovative technologies, with property technology playing a major part.
“Climate change is real, and it is up to all of us to actively work towards a sustainable model for the future. Today, on World Environment Day, we are pleased to announce that Sino Land is joining hands with the global business community by signing onto the Business Ambition for 1.5°C campaign. Alongside our ongoing ESG goals, we aim to mitigate climate change through decarbonisation. We are excited to be working alongside distinguished HKUST academics and young professionals to set targets and roadmaps that continue Sino Group’s vision of Creating Better Lifescapes,” said Mr David Ng, Group Associate Director of Sino Group.
Sino Group’s commitment to Environment, Social, and Governance (ESG) also places emphasis on the ‘social’ aspect in their sustainability strategy, with issues such as mental health and wellness being a key aspect in their long-term strategy. The Group continues to commit to revitalisation projects, heritage conservation promotion, supporting the community, and fostering the arts.