In December 2024, the Group entered into its second three-year sustainability-linked loan with Bank of China (Hong Kong) Limited in the amount of HK$400 million, with the aim of further linking its sustainability performance with financial management and achieving dual enhancement in sustainable development and business performance. The performance assessment of the sustainability-linked loan focused mainly on two key indicators, namely employee training and development and occupational safety performance. At the implementation level, targets were set for average employee training hours and the lost-time injury rate, both of which were successfully achieved in 2025.
Far East Facade (Hong Kong) Limited, a subsidiary of the Company, has actively promoted sustainable finance initiatives to integrate sustainability goals into its business operations. In November 2022, Far East Facade (Hong Kong) Limited signed its first HK$400 million sustainability-linked loan with Industrial and Commercial Bank of China (Asia) Limited. The loan's interest rate is linked to the Group's social sustainability performance, including the lost-time injury rate and average training hours, with the relevant targets completed as scheduled. In March 2025, Far East Facade (Hong Kong) Limited further enhanced the sustainability-linked elements under its general banking facilities with Hang Seng Bank, with performance indicators covering occupational safety performance and carbon emission intensity, continuing to align business operations with sustainability objectives.
The Group has systematically integrated ESG-related goals and targets into its daily budgeting system to enhance quantitative allocation of financial resources and performance-oriented management. ESG KPIs are cascaded to subsidiaries and departments according to business attributes and functional responsibilities. These targets cover key sustainability areas, including carbon emissions management, resource utilisation efficiency, and workplace safety. At the end of each year, the Group reviews and evaluates ESG target achievement across its headquarters and all subsidiaries. The results are directly linked to management performance and serve as key inputs for budget adjustments, resource allocation, and strategic enhancement, thereby driving continuous improvement in the effectiveness and transparency of sustainability investments.
