Hong Kong Property Developers Unite to Tackle Carbon Emission in Construction

Combating Carbon Emission Through Innovation

Hong Kong's leading property developers have formed the Hong Kong Proptech Alliance, a collective focusing on reducing carbon emissions in the real estate and construction sectors. This alliance, including key players such as Hongkong Land, Sino Group, and Swire Properties, is working towards standardizing procurement of low-carbon construction materials. The aim is to achieve a notable reduction in embodied carbon linked to construction processes.

The Role of Transparency in Carbon Reduction

According to Kent Jan from Hongkong Land, a major hurdle in this transition is the lack of transparency regarding the availability and credibility of low-carbon materials. As construction accounts for a significant portion of carbon emissions, both in the production of materials and building operations, action is needed to transform industry standards.

• Developing Technical Guidelines: The alliance is creating technical procurement guidelines to foster low-carbon solutions.
• Aiming for Standardized Reporting: Implementing industry benchmarks and clarity in material accounting.
• Encouraging Policy Support: Advocating for governmental backing to expedite carbon emission reductions.

Key Goals and Targets

The initiative encompasses aspirations such as: halving emissions from operations by 2030, and reducing carbon intensity associated with materials by 22%. The Hong Kong Green Building Council is actively involved in certifying these efforts through assessments of embodied carbon.

This coalition signifies a transformative step in the quest for sustainability in Hong Kong's construction landscape.

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