Reporting Framework

Reporting Guidelines

MTR Corporation Limited is a publicly-listed corporation (SEHK: 0066) which abides by the listing rules of Hong Kong Exchanges and Clearing Limited (“HKEX”), including Appendix C2 Environmental, Social and Governance Reporting Code (“ESG Code”) with the new climate-related requirements. In addition, our sustainability disclosure is prepared in accordance with Global Reporting Initiative Sustainability Reporting Standards (“GRI Standards”) and aligns with internationally recognised reporting guidelines and frameworks including the International Association of Public Transport (“UITP”) Sustainability Reporting Guide, ISO 26000 Guidance on Social Responsibility, the United Nations Sustainable Development Goals (“SDGs”) and the World Economic Forum’s (“WEF”) Stakeholder Capitalism Metrics. To enhance our disclosure, we also prepare our Report with reference to the International Sustainability Standards Board’s (“ISSB”) IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information (“IFRS S1”), IFRS S2 Climate-related Disclosures ("IFRS S2”) 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 Code Content Index to demonstrate our compliance with the ESG 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 construct and operate mass transit railway systems in Hong Kong, the United Kingdom, Sweden, Australia, Macao and Mainland China. In addition, we take part in the development and sale of residential and commercial properties in partnership with property developers and offer property management services in Hong Kong and Mainland China. 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 our 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 require a resilient railway system and property design that can adapt to its impacts and leverage emerging opportunities. Strengthening our agility and preparedness is essential for effectively responding to the challenges of climate change.
Ageing Population

Ageing population is a major global trend affecting all countries and cities. In Hong Kong, the number of elderly persons aged 65 and over is projected to nearly double in the coming 20 years. In light of this, we consider the possible 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.

The United Nations Sustainable Development Goals

MTR, as a global corporate citizen, has a role to contribute to the United Nations Sustainable Development Goals (“UN SDGs”), especially through the construction 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, prioritising 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, driving economic growth and community prosperity, which are key elements of a sustainable city. In addition to the above three SDGs we support, our diverse business and operations also support other SDGs: