DBS Hong Kong issued its first Green Finance Undertaking for Henderson Land development project in Kai Tak | 繁體

Hong Kong.06 May 2021.3 min read
Hong Kong, 06 May 2021 - DBS Hong Kong announces today the issuance of its first green finance undertaking of HK$1.17 billion on March 30 for Henderson Land Development Company Limited (Stock code: 12) to the Lands Department of HKSAR, associated with Phase 1 of a green development project located at New Kowloon Inland Lot No. 6565, Kai Tak, Kowloon. Shortly after, DBS Hong Kong issued a HK$442 million finance undertaking for Phase 2 of the green development project on April 23. The green finance undertaking issuances are illustrations to the strong commitment on sustainability for both Henderson Land and DBS Hong Kong.

Henderson Land is one of the leading property groups in Hong Kong which places sustainability at the core of its business and business operations.  To satisfy the requirements of the green finance undertakings, the green development project needs to obtain a Gold rating under the BEAM Plus New Building (Version 1.2), which is highly regarded as a comprehensive certification standard covering a wide range of sustainability requirements for green properties in Hong Kong.

The Project, which has already achieved BEAM Plus Provisional Gold Rating in 2019, aims to deliver a human-centric, integrated development that reduces environmental impacts and improves environmental quality and user satisfaction, in relation to:

  • Site Aspects – emissions control and site management
  • Material Aspects – efficient use of materials, waste disposal and recycling
  • Energy Use – energy efficiency control and management
  • Water Use – quality, conservation and discharge of water
  • Indoor Environmental Quality – safety, hygiene, thermal comfort and building amenities

Mr Alex Cheung, Managing Director and Head of Institutional Banking Group of DBS Hong Kong, said, “As a purpose-driven bank, DBS has firm commitment in promoting sustainable financing to enable long-term value for our customers. We are proud to partner with Henderson Land Group, supporting its ongoing sustainability journey and to create positive environmental impact for our community.” 

Mr Andrew Fung Hau Chung, Executive Director and Chief Financial Officer of Henderson Land Development Company Limited, said, “Upholding our long-standing commitment to sustainability, we are dedicated to building a more prosperous and sustainable society. The green development project in Kai Tak blazes a new trail for smart buildings by redefining how we inhabit and conserve our earth, and we are delighted to have received the green finance undertakings provided by DBS.”


The map has been edited and simplified. It is not to scale and is for reference only.

[END]

 

About DBS

DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 12 consecutive years from 2009 to 2020.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.

 

About Henderson Land Group

Founded in 1976 and listed in Hong Kong since 1981, Henderson Land Development Company Limited (Stock code: 12) is a leading property group with a focus on Hong Kong and mainland China. The Group’s core business comprises property development and property investment. Henderson Land’s portfolio of award-winning landmark projects is the result of close collaboration with some of the world's foremost architects and professionals. The Group also holds strategic investments in two listed subsidiaries (namely, Henderson Investment Limited and Miramar Hotel and Investment Company, Limited.) and two listed associates (namely, Hong Kong Ferry (Holdings) Company Limited and The Hong Kong and China Gas Company Limited, which in turn has equity stakes in a listed subsidiary, Towngas China Company Limited).  Henderson Land has a long-term commitment to sustainability and is a pioneer in green building and sustainable practices which harness innovation and technology to create new, smarter living. The Group is a strong advocate of social responsibility and invests in a broad range of community causes and initiatives. For more information, please visit www.hld.com.

 

sustainability