2022-12-19

Hang Lung Properties and LVMH Group Co-Create Sustainability Solutions at the Inaugural Real Estate & Climate Forum


The inaugural Real Estate & Climate Forum adopts a hybrid approach, joined by participants from both Groups and their partners across
Hong Kong, Shanghai, Paris, and other cities
 
Hang Lung Properties (“Hang Lung”)  and Moët Hennessy Louis Vuitton (“LVMH”) completed an innovative and ambitious Real Estate and Climate Forum on November 24 and 25, including about 200 participants from both Groups and their partners. The Forum took place just one month after the signing of a first-of-its-kind sustainability partnership agreement by the two Groups. Under the agreement, Hang Lung and LVMH are committed to achieving progress in sustainability together to the end of 2025. 
 

The two-day Climate & Real Estate Forum brings together 96 changemakers from the real estate and retail sectors to collaborate on
climate and sustainability solutions
 
The Forum, adopting a hybrid approach and spanning Hong Kong, Shanghai, Paris and other cities, included co-branding and shared decisions at every step, and brought together 96 changemakers from the real estate and retail sectors to collaborate on climate and sustainability solutions. The changemakers, representing a diverse mix of profiles, seniority levels and forms of expertise, together accessed a customized website where they contributed and discussed ideas in 12 sustainability topics ranging from energy efficiency to learning and development to social impact.  

Hang Lung and LVMH together designed a highly calibrated process to shift mindsets, engender productive discussions, and inculcate a sense of shared ownership among the changemakers. As a result, over 200 ideas were generated. 
 

Changemakers and other participants at the Real Estate & Climate Forum in Hong Kong
 
These ideas were further sorted and evaluated against three predefined categories of solutions: for impact in the next year, for collaboration among stakeholders, and out-of-the-box innovations. Exploring ideas through these categories helped elevate their quality and salience. 

This wealth of inputs will form the basis for a Common Charter to be announced by the two Groups in the first quarter of 2023. 

Click here to learn more about the Forum: https://www.hanglung.com/en-us/media-center/press-releases/2022/20221130