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Understanding ESG
Hongkong Land retains global sustainability leader status
Developer ranks among top 6% of ESG performers in property sector
The Asset   22 Jun 2026

Hongkong Land Holdings, the property subsidiary of Hong Kong-based conglomerate Jardine Matheson, has been recognized as a global leader in sustainability, achieving top-tier results in the latest environmental, social and governance ( ESG ) industry rankings.

The company has maintained its position as a member of the Dow Jones Best-in-Class World Index for a second consecutive year, and it was included in the Dow Jones Best-in-Class Asia Pacific Index for the fourth consecutive year, ranking among the top 6% of global performers in the property sector.

Hongkong Land retains status as constituent of Dow Jones Best-in-Class World Index and has become a signatory of the United Nations’ Principles for Responsible Investing ( UNPRI ), an international framework that promotes responsible investment practices and the integration of ESG factors into investment decision-making.

In the past year, the company, it notes, has made significant progress in sustainable practices, including reducing Scope 1 and 2 carbon emissions by 37% in 2025 against a 2019 baseline, and exceeding the halfway mark of previously stated 2030 carbon reduction targets.

The developer has further strengthened governance and accountability through a new long-term incentive plan in which senior management remuneration is linked to long-term performance and success in achieving key sustainability objectives.

Earlier this year, Hongkong Land launched Singapore’s largest commercial real estate private fund, the Singapore Central Private Real Estate Fund ( SCPREF ), which focuses on ultra-premium and green-certified assets, aligning capital allocation with the company's decarbonization pathways.

The SCPREF is also the company’s inaugural private real estate fund and lists other high-profile founding, sustainability-focused investors, including APG Asset Management and Qatar Investment Authority.

“Our leading ESG rankings demonstrate that sustainability is built into our core business strategy,” says Michael T. Smith, the developer’s group chief executive. “Becoming a UNPRI signatory demonstrates our long-term commitment to responsible investment practices, embedding sustainability throughout our culture and shaping sustainable, future-ready cities in partnership with our stakeholders. This disciplined approach ensures that we deliver long-term growth while continually enhancing the resilience of our assets.”