Membership

 
The First Tenant Engagement Initiative in Hong Kong to Offer Management Fee Incentive
Nan Fung collaborates with Tenants, Employees and Community Partners for Fourfold Synergy in Driving Sustainability

Nan Fung Group (Nan Fung) is pleased to announce the launch of ‘Net Positive Lease’ (NPL), a new tenant engagement initiative that aims to drive sustainability by collaborating with tenants, their employees, as well as community partners. In line with Nan Fung’s sustainability framework - SEWIT principles, the NPL aims to create positive impact on both society and the environment.

To put NPL into action, the ‘Net Positive Pledge’ (NPP), was introduced in March 2023 as a voluntary commitment to engage tenants across the Group’s major properties in Hong Kong. NPP also breaks from conventional green leases by offering a series of unparalleled incentives and benefits, including management fee incentives, marketing exposure, priority access to eco-provisions and programmes, and much more, to mobilise tenants to achieve sustainability goals alongside the Group. 

The first batch of committed tenants includes: city‘super, SoHo House, AEON (Tseung Kwan O Store), Café de Coral Group and its restaurants, The D. H. Chen Foundation, and Groupe SEB. Nan Fung expects approximately 25% of its major portfolio in Hong Kong (by leasable floor area) to commit and become part of the Net Positive Pledge community by the end of 2023. As part of the Group’s ongoing commitment to sustainability and with the vision to continue expanding its scope of impact, it also plans to roll out and implement the Pledge overseas in phases, at its portfolio in mainland China, the United Kingdom, the United States, and other locations.

First to offer property management fee incentive for tenants in Hong Kong

To encourage participation, and support tenants and their employees in achieving sustainability goals, Nan Fung has pioneered the first-ever management fee offer in Hong Kong as part of its incentive scheme. Tenants who fulfill specified sustainability tasks can also earn ‘Net Positive Coins’, which can be redeemed for special rewards, such as promotional packages in the ‘NF Touch Membership Programme’ for marketing exposure, and corporate sustainability training to build staff capacity.
 

 

Mobile Application ‘NF Touch Membership Programme’

 

Introducing a data sharing and analytics platform to foster execution of sustainable development strategies

Nan Fung has taken the lead in adopting a real-time digital system at AIRSIDE, leveraging 5G, IoT (Internet of Things), and building management technology, to accurately collect and measure real-time consumption of electricity, fuel, heating and cooling, and water, as well as waste generation and management data from tenants. 

AI technology and analytics monitor the environmental performance of leased premises, and data collected is shared with tenants in real time. Nan Fung will also conduct carbon audits for tenants and provide sustainability advice to continuously track progress and enhance their impact over time.

Provision of social impact assessment for environmental and community projects to strengthen tenants’ connections with their neighbourhoods

Nan Fung conducts district-level community research to identify material social issues and share the research findings with tenants. For tenants who intend to organise their own community programs, Nan Fung provides tenants with impact measurement tools to measure the social value created for stakeholders and communities through the program.