Reporting
Framework

Reporting Guidelines

MTR Corporation Limited is a publicly listed corporation (SEHK: 0066) that complies with the listing rules of Hong Kong Exchanges and Clearing Limited (“HKEX”), including Appendix C2 Environmental, Social and Governance Reporting Code (“ESG Reporting Code”) with the new climate-related requirements. In addition, our sustainability disclosure is prepared with reference to Hong Kong Financial Reporting Standard (“HKFRS”) S1 General Requirements for Disclosure of Sustainability-related Financial Information. In addition, we disclose our material sustainability issues in accordance with the Global Reporting Initiative Sustainability Reporting Standards (“GRI Standards”) and align with internationally recognised guidelines and frameworks including:

the United Nations (“UN”) Sustainable Development Goals (“SDGs”);
the International Association of Public Transport (“UITP”) Sustainability Reporting Guide;
ISO 26000 Guidance on Social Responsibility;
World Economic Forum’s (“WEF”) Stakeholder Capitalism Metrics;
the International Sustainability Standards Board’s (“ISSB”) IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information (“IFRS S1”);
ISSB’s IFRS S2 Climate-related Disclosures (“IFRS S2”);
Task Force on Climate-related Finance Disclosures (“TCFD”); and
the Recommendations of the Taskforce on Nature-related Financial Disclosures (“TNFD”).

To ease navigation, we have prepared a Content Index for Sustainability Reporting Guidelines. This includes:

a HKEX ESG Reporting Code Content Index to demonstrate our compliance with the ESG Reporting Code;
a GRI Content Index which cross-references the UITP Sustainability Reporting Guide, ISO 26000, WEF Stakeholder Capitalism Metrics; and
ISSB’s IFRS S1 and IFRS S2 Content Index.

Content Index

Scope of Disclosure

Our disclosure on this Website covers material sustainability issues that reflect the Corporation’s significant economic, environmental and social impacts. Headquartered in Hong Kong, we build and operate mass transit railway systems in Hong Kong, the United Kingdom, Sweden, Australia, Macao and the Chinese Mainland. In addition, we also participate in the development and sale of residential and commercial properties in partnership with property developers and offer property management services in Hong Kong and the Chinese Mainland. To ensure the accuracy and transparency of the Corporation's sustainability disclosures, we report applicable data from all operations where the Corporation exercises management control, including wholly or majority-owned subsidiaries. Please refer to our corporate website and Annual Report for our operations in Hong Kong and worldwide.

MTR Website

Annual Report

Strategic Trends

In 2016, we studied the global strategic trends influencing the future of transport and properties up to 2030, identifying three key megatrends relevant to the Corporation. Our efforts, plans and progress in response to these strategic trends, including challenges and opportunities, are updated in our Sustainability Report.

System Resilience for Climate Change

Climate change poses significant challenges that threaten our operations and services. To address these challenges, we need a resilient railway system and property designs that can adapt to climate-related impacts and seize emerging opportunities. Strengthening our agility and preparedness is essential to respond effectively to the challenges of climate change.
Ageing Population

Ageing population is a major global trend affecting countries and cities worldwide. In Hong Kong, the number of people aged 65 and over is projected to nearly double in the coming 20 years. In light of this, we consider the potential impacts on our operations and put in place relevant measures to build an age-friendly environment across our operations.
Digital Transformation

The evolution of digital technology has accelerated the transformation of a broad range of business functions and processes. Adopting innovative technologies offers new opportunities to enhance services, engage customers, develop new business models and improve operational efficiency.

United Nations Sustainable Development Goals

MTR, as a global corporate citizen, has a role in contributing to the United Nations Sustainable Development Goals (“UN SDGs”), particularly through the development of sustainable urban infrastructure, including mass transit systems and property development and management. During our materiality assessment, we also considered the SDGs to align our business strategies with global sustainability priorities, with a focus on SDGs 8, 9 and 11. In particular, the SDG Secretariat has been notified of our support for these three SDGs:

Our railway infrastructure and residential and commercial properties provide connectivity, supporting economic growth and community prosperity, which are key elements of a sustainable city. In addition to the three SDGs outlined above, our diverse business and operations also support other SDGs: