How one Hong Kong company is cutting back on energy consumption
Link Asset Management Limited strongly supports Venkitaraman Krishnan’s call for “the biggest consumers of electricity in Hong Kong [to] regularly report the amount of electricity the areas and properties within their control have been consuming” (“Corporations should adopt green initiative”, May 4).
As a key contributor to regional and global initiatives such as the United Nations Environment Programme and the Global Real Estate Sustainability Benchmark, Link has a target to achieve a 30 per cent absolute reduction in energy consumption by 2020 (compared to 2010). We are currently at over 28 per cent through a combination of better monitoring and management of our energy consumption.
We have also been at the forefront of energy management practices in Hong Kong, being among the first companies to implement retro-commissioning, which focuses on optimising existing building systems.
LED lighting technology has matured over the last five years and is a key part of Link’s long-term energy management strategy. Our transition towards LED lighting balances the energy efficiency benefits of new fixtures against the remaining lifespan of existing ones. This holistic approach minimises unnecessary waste, which is a major issue in Hong Kong.
Tenants also benefit from our energy-saving initiatives. For instance, reduced common area electricity costs allow us to offset part of the pressure of the rising operating costs.
We remain committed to being a staunch champion of corporate sustainability reporting and target setting, and our efforts have been duly recognised by our attainment of global sustainability benchmarks. Our energy performance data and other environmental metrics, including waste and water, are publicly available on our website.
Dr Calvin Lee Kwan, general manager – sustainability, Link Asset Management Limited