Swire Properties

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 2023:

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 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
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

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 10 Reduced Inequalities
• 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