Page 165 - Hong Kong Housing Society Sustainability Report 2024/25

VERIFICATION STATEMENT
核實聲明

Verification Statement
Scope and Objective
Hong Kong Quality Assurance Agency (“HKQAA”) was commissioned by Hong Kong Housing Society (“HKHS”) to conduct an independent
verification for its disclosure (the “selected disclosures”) stated in its Sustainability Report 2024/25 (herein referred to as “the Report”). The
selected disclosures covered the period from 1 April 2024 to 31 March 2025 and represented the sustainability performance of HKHS for its
operations in Hong Kong.
The objective of this verification is to provide an independent opinion with a reasonable level of assurance on whether the selected
disclosures are prepared in accordance with the following reporting framework criteria:
• the Global Reporting Initiative’s Sustainability Reporting Standards (“GRI Standards”).
The verification team also reviews the disclosures in the Report by making reference to the following disclosure frameworks, as the Report
has been prepared with references to:
• the United Nations’ Sustainable Development Goals (“SDGs”).
Level of Assurance and Methodology
HKQAA’s verification procedure has been conducted with reference to the International Standard on Assurance Engagements 3000
(Revised), Assurance Engagements Other than Audits or Reviews of Historical Financial Information (“ISAE 3000”) issued by the International
Auditing and Assurance Standards Board. The evidence gathering process was designed to obtain a reasonable level of assurance as set out
in the ISAE 3000 by using a risk-based approach.
Our verification procedure included, but not limited to:
• Sampling the sustainability information stated in the Report, e.g. claims and performance data for detail verification;
• Verifying the raw data and supporting information of the selected samples of the sustainability information;
• Liaising with responsible personnel; and
• Checking the internal control mechanism
Roles and Responsibilities
HKHS is responsible for the organization’s information system, the development and maintenance of records and reporting procedures in
accordance with the system, including the calculation and determination of sustainability information and performance. HKQAA verification
team is responsible for providing an independent verification opinion on the selected disclosures provided by HKHS for the reporting period.
The verification was based on the verification scope, objectives and criteria as agreed between the HKHS and HKQAA.
Independence
HKQAA did not involve in collecting and calculating data or compiling the reporting contents. Our verification activities were entirely
independent and there was no relationship between HKQAA and HKHS that would affect the impartiality of the verification.
Limitation and Exclusion
The following limitations and exclusions were applied to this verification due to the service scope, nature of verification criteria, and
characteristics of the verification methodology.
I. Our verification scope is limited to examining the raw data or information for the selected disclosures, e.g., Claims and Performance
Data stated in the Report. The identified sustainability information may be subject to inherent uncertainty because of incomplete
scientific and technical knowledge.
II. Evaluating the quality of execution and implementation effectiveness of the sustainability practices, the appropriateness of the
assumptions made, and the estimation techniques applied are outside the scope of our verification.
III. The verification of raw data or information is based on the use of a sampling approach and reliance on the client’s representation. As a
result, errors or irregularities may occur and remain undetected.
IV. Any information outside the established verification period has been excluded.
Conclusion
Based on the verification results, HKQAA has obtained reasonable assurance and is in the opinion that:
• The Report has been prepared in accordance with the GRI Standards;
• The Report illustrates the sustainability performance of HKHS in a balanced, clear, comparable and timely manner; and
• The data and information disclosed in the Report is consistent, reliable and complete.
Nothing has come to HKQAA attention that the selected sustainability performance information and data contained in the Report has not
been prepared and presented fairly and honestly, in material aspects, in accordance with the verification criteria. In conclusion, the Report
reflects truthfully the sustainability commitments, policies and performance of HKHS, and discloses transparently their sustainability
performance that is commensurate with their sustainability context and materiality.
In addition, the verification team reviewed the Report with reference to the SDGs and considered that the Report has been prepared by
referring to the contents or parts of the contents of the aforementioned disclosure frameworks.
Signed on behalf of Hong Kong Quality Assurance Agency

Connie Sham
Head of Audit
August 2025
Ref: 14971500-VER
PB Hong Kong Housing Society Sustainability Report 2024/25 香港房屋協會 2024/25 可持續發展報告 163