SEWIT Report

This is Nan Fung Group’s third Sustainability Report, SEWIT Report 2024-25, marking an important milestone in our sustainability journey.

Our Sustainability Framework, SEWIT, has evolved beyond an internal framework. Today, it reflects a shared culture and serves as a core driver of our business strategy, shaping how we operate and create lasting impact.

In this report, we share the progress and achievements made in the reporting year, as we continue to strengthen our commitment to sustainable development across all aspects of our business.

We invite you to download our report to explore more, or simply scroll down for highlights from the past year. We also welcome your thoughts — please share your feedback or connect with us for a chat.

Social Cohesion:
Driving Positive Social Value

We are the first company in Hong Kong to set a new Group Social Value Target of generating or facilitating HK$100 million social value by 2030.

Environment:
Building a Thriving Business Rooted in Planetary Harmony

In 2024, our Hong Kong portfolio's science-based targets were validated by the Science Based Targets initiative. This year, our disclosure extends to Scope 3 GHG emissions, presenting a more holistic picture of our value chain impact.

Wellness:
Promoting Holistic Wellbeing for All

We established an Employee Wellness Framework “SEWell Six Pillars of Employee Wellness” to steer wellness initiatives with clear metrics for continuous tracking and enhancement.

Innovation:
Innovating to Unlock New Possibilities

We continue to engage tenants through our tenant-landlord engagement programme, Net Positive Lease (“NPL”), forming partnerships that drive mutual sustainability goals.

Technology:
Enhancing Efficiency with Technology

We enhanced data management infrastructure and expanded property technology solutions to drive environmental sustainability, fueled by AI analytics.

SOCIAL VALUE

HK$52.2 million worth of social value generated or facilitated globally

IMPACT MEASUREMENT

“Seven Steps to SEWITise” impact measurement tool adopted in internal programmes and scaled up as social impact advisory services for 28 external stakeholders

COMMUNITY ENGAGEMENT

195 partners, including NGOs, schools and local artists, engaged to collectively deliver 49 community programmes and 1,000+ events, attracting 461,000+ participants

TRAINING HOURS

77,000+ training hours provided, averaging 24 hours per employee

DECARBONISATION

First time reporting Scope 3 GHG emissions in alignment with approved and validated Science-Based Targets

CLIMATE RESILIENCE

Climate adaptation and financial assessments completed at AIRSIDE and 99 City Road, with follow-up measures implemented

WASTE MANAGEMENT

Food waste collection fully implemented at major Hong Kong commercial properties

NATURE STRATEGY

TNFD feasibility study completed, supported by Group-wide internal engagement sessions

EMPLOYEE WELLNESS FRAMEWORK

The SEWell Six Pillars of Employee Wellness established to standardise wellness initiatives across the Group, with clear metrics for assessment and enhancement

SEWELL COMMUNITY

SEWell Community, an employee-driven initiative, launched to foster co-curation of better-targeted wellness initiatives and strengthen colleague bonding

OCCUPATIONAL HEALTH AND SAFETY

Zero employee fatalities and a Lost Time Injury Rate (“LTIR”) of 0.8 for employees achieved, meeting the newly established target of below 2.0

LIFE SCIENCE INVESTMENT

Support from Nan Fung Life Sciences extended to Karuna Therapeutics from early funding to Initial Public Offering, driving the development of KarXT — a new treatment for schizophrenia

TENANT ENGAGEMENT

67% of tenants globally have committed to the NPL with 50+ collaborations powered

NF HACKATHON

Expanded globally and achieved a 30% surge in participation, fostering innovation in process efficiency and social value creation

NF TOUCH MEMBERSHIP PROGRAMME

2.2 million+ NF Seeds converted into donations, supporting 15 impact partners

INNOVATION INVESTMENT

US$1.4+ billion invested into life sciences innovation across 70+ companies and 40 funds

DATA ANALYSIS AND MANAGEMENT

Coverage of our integrated data management platform expanded and deployed across major properties, enabling granular monitoring, data optimisation and automated controls

SEAMLESS WORKPLACE CONNECTIVITY FOR MAXIMUM EFFICIENCY

AIRSIDE has become one of Asia’s first commercial office developments to provide tenants with smart access technology for seamless workplace connectivity