Hongkong Land & Sino Group: PropXTech 2022/23

HongKong Land and Sino Group, premier real estate companies, collaborated to develop the PropXTech 2022/2023 programme to find solutions to reduce the industry's carbon footprint and promote innovation that can catalyse long-term global economic development.

The Challenge

With the world on the precipice of breaching its 2015 Paris Agreement pledge to hold global temperature rises to no more than 1.5C, governments are coming under intense pressure to deliver drastic climate actions measures. Alongside this, with many major economies still reeling from the impact of the pandemic, governments are increasingly focused on creating smart and sustainable cities that foster innovation, drive prosperity, and improve the lives of citizens.

Real estate has one of the highest carbon footprints of any sector. According to the UN Environmental Programme, it produces around 30% of the world's annual greenhouse gas...

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