In its effort to tackle waste, Fortune REIT has also rolled out other waste reduction initiatives including the installation of food waste compost machines in two of its malls, the participation of five malls (Fortune City One, Fortune Metropolis, Metro Town, Belvedere Square and Waldorf Avenue, +WOO) in the Recycling Fund’s Beverage Carton Smart Recycling Programme, as well as a program for shoppers to exchange Fortune+ points for reusable bamboo cup and glass container. Since the launch in the fourth quarter of 2021, Fortune REIT’s participation in the Beverage Carton Smart Recycling Programme successfully diverted a number of beverage cartons from landfills, equivalent to 1,587.35 kgs of CO2 emissions, and the Manager has plans to expand coverage across its malls.

In addition, the Reverse Vending Machine from the Recycling Fund was installed at eight Fortune Malls in the second-half of 2022. There was an overwhelming response from our shoppers with over one million of plastic bottles collected during this period.

Furthermore, the Environmental Protection Department’s food waste collection was rolled out in Fortune Metropolis in December 2022 to collect food waste from food and beverage tenants. The food waste pilot scheme received an overwhelming response from our food and beverage tenants with 4.48 tonnes of food waste collected, which is equivalent to a reduction of about 2.1 tonnes of GHG emissions. The collected food waste will be converted into energy at O-PARK1. The residual by-product from this process can be produced as compost for landscaping and agricultural use. As a result of the positive response from tenants, Fortune Malls will look to expand this scheme across more of its malls.