HONG KONG, June 6 – As part of its goal towards net zero emission by 2050 and to mark World Environment Day 2021, Sino Group’s subsidiary Sino Land Company Ltd has joined the global pledge to support the Business Ambition for 1.5°C, a United Nations led campaign calling on businesses to set science-based targets aimed at limiting global temperature rise to 1.5°C above pre-industrial levels.
To achieve this, Sino Land will collaborate with Hong Kong University of Science and Technology (‘HKUST’) to set science-based targets and develop a holistic approach towards net zero carbon by 2050, the company said in a press statement issued on Saturday.
The collaboration will see Sino Land working with leading academics and young professionals to strengthen the environmental footprint through setting a robust roadmap and targets. A key outcome will be an evaluation of how Sino Land can further boost responsible energy use within its property ecosystem and make a real long-term difference.
“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,” Professor Irene Lo, Chair Professor at the Department of Civil and Environmental Engineering, Hong Kong University of Science and Technology.
This pledge serves as one of the many commitments by Sino Land to fulfil Environment, Social and Governance (ESG) and going beyond the UN Sustainable Development Goals.