Hang Lung Teams Up with Green Startup and NGO to Shape Circularity in Hong Kong

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The first phase of its holistic resource utilization scheme has diverted nearly 140,000 kg of municipal waste from landfill, avoiding more than 510 tons of carbon emissions and benefiting 14 NGOs

HONG KONG SAR – Media OutReach – 16 August 2023 – Hang Lung Properties (SEHK stock code: 00101) (the “Company” or “Hang Lung”) today announced its partnership with Hong Kong-based green startup Sustainable Office Solutions (SOS) and Crossroads Foundation, a local non-profit serving global needs, to implement a holistic resource utilization scheme for Hang Lung’s Hong Kong Office Rejuvenation Project. The first phase of the collaboration has seen over 3,200 office resources being reused, redistributed, or recycled, successfully diverting nearly 140,000 kg of municipal waste from landfill and avoiding more than 510 tons of carbon emissions—the equivalent of the carbon emissions generated by over 3,000 flights between Hong Kong and Singapore.

www.hanglung.com.

About Sustainable Office Solutions (SOS)

SOS specialises in office inventory management and provides a tailored and streamlined service to support businesses in their transition towards a resource-efficient, circular and sustainable economy. Through sustainable solutions that optimise redistribution, repurposing, recycling and reuse, SOS helps corporations, property managers and developers to maximise the value of their office assets while minimising waste during renovation and relocation, with an overall waste diversion rate of 95%.

For more information, please visit .

About Crossroads Foundation

Crossroads Foundation is a Hong Kong based, non-profit organisation serving global need, staffed entirely by volunteers. Crossroads started in 1995 and believes that, in a broken world that sees too much suffering, they should do all they can to connect people who are in need with those who can provide help. As well as collecting and redistributing donated goods, they offer experiential simulations on issues like refugees, urban poverty and disability, advocate fair trade through their shop, and help companies find non-profit projects to partner on.

For more information, please visit .