ANNUAL REPORT 2025 41 SUSTAINABILITY REPORT When evaluating potential suppliers and contractors, the Trust places significant emphasis on identifying any social or environmental risks. If such risks are detected, the Trust may withhold or terminate contracts to ensure compliance with its standards and quality requirements across the entire supply chain. All suppliers and contractors are required to comply with the HPH Trust Environmental Management System, which adheres to the ISO 14001 standard. This system mandates the implementation of sound environmental practices, including but not limited to: • complying with applicable environmental legal requirements • conserving natural resources and energy as much as possible • controlling pollutants from being discharged to the environment • using environmentally friendly technology • using environmentally friendly, recycled and/or sustainably sourced products in operations • recycling waste and complying with legislation on the handling or disposal of hazardous materials • mitigating the risk of climate change as much as possible • engaging local communities. In 2025, the Trust continued its rigorous monitoring of suppliers to address potential risks and ensure alignment with its policies and management systems. No significant environmental or social risks were identified among its existing suppliers during the reporting year. The Trust maintains a strict zero-tolerance policy against the use of child or forced labour in its operations. The Supplier Code of Conduct, Work Orders, and Standard Terms and Conditions of Agreement for Works/Services include prohibitive clauses to prevent such practices. Suppliers and contractors undergo thorough screening to ensure they do not engage in forced, prison, bonded or child labour. Relevant clauses are also included to ensure a fair and equitable workplace that is free from any form of harassment or discrimination based on, but not limited to, age, race or ethnic origin, disability, gender, nationality, marital status, sexual orientation, political convictions or union affiliation. In 2025, no suppliers or contractors were found to pose significant risks related to child or forced labour. In 2025, the Trust conducted additional assessments of suppliers that significantly impact its operations or business. This involved regularly monitoring of existing suppliers’ business practices and screening new suppliers for environmental and social issues. Additional Supplier Assessments Conducted in 2025 Assessed existing suppliers with an annual purchase turnover of HK$500,000 or above, under the Supplier Evaluation Programme Conducted reference checks on new suppliers with contracts exceeding HK$10 million, focusing on conduct and financial status during engagement Distributed a Supplier Sustainability Self-Assessment Questionnaire to HIT’s top 25 suppliers and YANTIAN’s top 30 suppliers HPH Trust aims to continually enhance its screening process for suppliers and external contractors. Its goal to maintain a record of 100% of new suppliers screened for environmental and social issues applies to the medium- to long-term.
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