Wharf Real Estate Investment Company Limited (Wharf REIC) released its ninth Sustainability Report, detailing both operating results and ESG milestones for the year ended 31 December 2025.

The Hong Kong-based landlord and hotel operator generated revenue of HK$12.80 billion from its 12.3 million sq ft portfolio of eight flagship properties in Hong Kong and Singapore, which carried a combined book value of HK$224.20 billion. Underlying net profit reached HK$6.46 billion, while total assets stood at HK$229.70 billion.

Key ESG developments include:

• SBTi validation of near-term science-based targets: a 42% cut in Scope 1-2 greenhouse-gas emissions and a 25% reduction in Scope 3 emissions from downstream leased assets, both versus a 2022 baseline and to be achieved by 2030. • Green building progress: Harbour City’s eight office towers and Times Square obtained LEED Platinum certification for Existing Buildings; Wheelock Place earned BCA Green Mark Gold. • Green finance momentum: cumulative sustainability-linked loans reached HK$17.50 billion, now accounting for 37% of the group’s total financing. • Energy and carbon performance: electricity-intensity and water-consumption reduction programmes remain “on track” toward the group’s 2030 goals, supported by upgrades such as LED lighting, AI-assisted chiller optimisation and rooftop solar panels that have generated 0.64 million kWh to date. • Low injury frequency: zero work-related fatalities for the third consecutive year and an injury rate of 2.1 per 100 employees. • Talent and community: approximately 83,000 training hours delivered to staff (over 90% coverage) and more than 107,000 underprivileged students supported through flagship Project WeCan.

Recognition during the year included an AA+ rating in the Hang Seng Corporate Sustainability Index, an ESG Risk Rating of 14.27 from Morningstar Sustainalytics, and multiple green building and service awards across the portfolio.

Looking ahead, Wharf REIC intends to align its forthcoming sustainability disclosures with Hong Kong’s new HKFRS Sustainability Disclosure Standards and deepen its decarbonisation roadmap while expanding community and youth-development initiatives.