Swire Properties Limited
Swire Properties develops and manages commercial, retail, hotel and residential properties, typically mixed-use developments in prime areas. Established in Hong Kong in 1972, we have investments across Hong Kong, the Chinese Mainland, Singapore and the US. Adhering to our core values of integrity, originality, long-term focus and quality, we aim to create sustained value by developing and managing large-scale mixed-use projects that serve as focal points of the surrounding urban areas.
Our sustainability goals for 2025:
Sustainable development is central to Swire Properties’ business philosophy and company culture. We have established our SD 2030 vision – to be the leading sustainable development performer in the real estate industry globally by 2030. The SD 2030 Strategy was developed to manage the full spectrum of our ESG impacts. Sustainable placemaking and long-term placekeeping form the core of our Strategy.
1. Long-term Decarbonisation
1st real estate developer in Hong Kong to have an approved 1.5°C-aligned Science-based targets, which set the Company on the pathway to reach net zero emissions by 2050 via:
Reduce absolute scope 1 and 2 greenhouse gas (“GHG”) emissions by 25% by 2025 and 46% by 2030 (from a 2019 base year)
- Reduce GHG emissions from capital goods (embodied carbon emissions of new development projects) by 25% per square metre in 2030 (from a 2016 – 2018 base year)
- Reduce GHG emissions from downstream leased assets (tenant carbon emissions) by 28% per square metre in 2030 (from a 2018 base year)
2. Deepen sustainability partnerships via:
- Our Green Performance Pledge (“GPP”) to achieve 50% of office tenants signing GPP by 2025, which is equivalent to nearly 5 million square feet of leased office space
- Our Business Partner Sustainability Programme to build long-term, mutually beneficial relationships with our business partners and enhance the overall resilience of our value chain
3. Green Financing – to achieve a minimum of 50% of bond and loan facilities from green financing by 2025 and 80% by 2030
4. Diversity & Inclusion – Maintain a gender balance in senior management and a gender pay ratio at 1:1
5. Commitment to Zero Harm – no fatalities, no serious incidents, no injuries and no harm to health as a result of our business activities
Legal Name: Swire Properties Limited
General Enquiry Email Address: sustainabaledevelopment@swireproperties.com
General Enquiry Phone Number: 2844 3888
General Business Address: 64/F, One Island East, Taikoo Place, 18 Westlands Road, Quarry Bay, Hong Kong
