With the increasing frequency of extreme weather events, we have conducted a comprehensive analysis of our properties in Hong Kong to assess their resilience to climate change. This evaluation focused on identifying the most vulnerable assets by reviewing historical performance during severe weather conditions, particularly flooding and typhoon-related damage.

To enhance our climate resilience across our Hong Kong portfolio, Fortune Malls has implemented a series of proactive measures:

• Sandbags are available to mitigate low-level flooding;
• Temporary flood barriers can be swiftly deployed to prevent floodwater from entering the premises;
• IoT sensors, as part of the Building Management and Building Optimisation System, provide real-time monitoring of water levels, serving as an early warning system to support timely evacuation and deployment of flood defence equipment;
• Regular maintenance and inspections are conducted to detect and resolve blockages or equipment faults;
• An Emergency Response Plan and Extreme Weather Policy outline the mitigation procedures to be undertaken during extreme weather events;
• Frontline employee training ensures that property management staff remain well-prepared and informed on procedures and best practices for managing extreme weather scenarios; and
• Drainage pumps are available to efficiently remove excess water and minimise property damage.

These measures reflect our ongoing commitment to safeguarding our properties, tenants and communities against the evolving risks posed by climate change.