Swire Properties Limited
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 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.
Our sustainability goals for 2022:
- 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)
- Deepen sustainability partnerships with tenants – through our newly launched Green Performance Pledge (“GPP”), and to achieve 50% of office tenants signing GPP by 2025, which is equivalent to nearly 5 million square feet of leased office space
- Green Financing – to achieve a minimum of 50% of bond and loan facilities from green financing by 2025 and 80% by 2030
- Diversity & Inclusion – Maintain a gender balance in senior management and a gender pay ratio at 1:1
- Commitment to Zero Harm – no fatalities, no serious incidents, no injuries and no harm to health as a result of our business activities
UN SDG goals that we align with:
- SDG 3 Good Health and Well-being
- SDG 5 Gender Equality
- SDG 6 Clean Water and Sanitation
- SDG 7 Affordable and Clean Energy
- SDG 8 Decent Work and Economic Growth
- SDG 9 Industry, Innovation and Infrastructure
- SDG 11 Sustainable Cities and Communities
- SDG 12 Responsible Consumption and Production
- SDG 13 Climate Action
- SDG 17 Partnerships for the Goals
Legal Name: Swire Properties Limited
General Enquiry Email Address: sustainabaledevelopment@swireproperties.com
General Enquiry Phone Number: 28443888
Meet our speakers:
Phoebe Leung
Sustainable Development Manager
Swire Properties
Phoebe Leung
Sustainable Development Manager
Swire Properties
Phoebe Leung is the Sustainable Development Manager of Swire Properties. Her work involves supporting the Company’s Sustainable Development (SD) 2030 Strategy, formulating resource management and circularity strategies, and driving the company’s SD tenant engagement strategy and programmes. Phoebe is a Chartered Environmentalist and holds a master’s degree from Columbia University.
Patrick Ho
Deputy Head, Sustainable Development
Swire Properties Limited
Patrick Ho
Deputy Head, Sustainable Development
Swire Properties Limited
Patrick is responsible for formulating and executing the Sustainable Development 2030 Strategy for Swire Properties’ global operations across Hong Kong, Chinese Mainland and U.S.A. portfolios. Through engaging stakeholders, setting science-based targets and developing action plans, he leads a team to manage the full spectrum of the Company’s environmental, social and economic impact and to integrate ESG considerations into every facet of the Company’s business.
My Sustainability Goals for 2022:
I hope to see HK able to establish a science-based approach to guide its efforts on decarbonisation and resource circularity.
Dr Raymond Yau
General Manager, Technical Services & Sustainable Development
Swire Properties Limited
Dr Raymond Yau
General Manager, Technical Services & Sustainable Development
Swire Properties Limited
Dr Raymond Yau is General Manager of Technical Services & Sustainable Development at Swire Properties (SPROPS). Raymond is currently Director & Vice-Chairman of Sustainable Development Committee, Hong Kong Green Building Council. Raymond also serves as member of Advisory Council on the Environment, Board of Director of Business Environment Council, and founding member of IWBI Governance Council.
My Sustainability Goals for 2022:
Lead Swire Properties’ implementation strategies of carbon and energy reduction based on our 1.5°C aligned Science-based Targets, paving way to achieve net zero by 2050.