The Company commenced its first major development in Hong Kong, Taikoo Shing, including landscaped areas for public use – one of the first “Garden Estates” in the city.
Swire Properties Sustainable Development Report 2022
50 years of
original
thinking in sd
original
thinking in sd
The flourishing banyan tree is perhaps the “world’s most expensive tree”. Believed to have been planted in 1870, it was preserved with at the cost of HK$26 million during the construction of Pacific Place.
Sir Adrian Swire formally set out the Company’s sustainable development commitment in a letter to staff.
Helped establish the Building Environmental Assessment Method (BEAM) Steering Committee, raising building standards across the industry.
Lincoln House in Taikoo Place became the first newly-built office building to achieve a HK-BEAM “Excellent” rating.
Established our volunteer initiative, the Community Ambassador Programme, to support local communities through activities focused on the environment and sustainability.
Became the first developer in Hong Kong to provide free energy audits to tenants in Hong Kong and the Chinese Mainland.
Published our first Sustainable Development (SD) Report to communicate the Company’s sustainability achievements.
Established the Joint Research Centre for Building Energy Efficiency and Sustainability with Tsinghua University.
Introduced our SD Vision: “To be the leading sustainable development performer in our industry globally by 2030.” Formulated our SD 2030 Strategy to build SD capability and ensure SD considerations are integrated into every facet of our business.
Developed the Brickell City Centre with its Climate Ribbon, an innovative canopy and sunshade that creates air flow and collects rainwater, improving the microclimate.
The only company in Hong Kong and the Chinese Mainland to be included in the Dow Jones Sustainability World Index.
Named Global Sector Leader for Mixed Use Developments by the Global Real Estate Sustainability Benchmark (GRESB) for the first time – achieving this every year since.
Launched “The Loop”, our Sustainable Development Exhibition Centre, at Taikoo Place.
Topped the Hang Seng Corporate Sustainability Index Series with an “AAA” rating for the first time.
Issued our first green bond, raising US$500 million to finance green projects.
Became the first real estate developer in Hong Kong and the Chinese Mainland to have approved science-based targets that drive long-term decarbonisation.
First company in Hong Kong to obtain a sustainability-linked loan with an interest rate indexed against year-on-year ESG performance improvements.
Launched the Swire Properties Placemaking Academy, offering HK university students the opportunity to take the lead in planning and executing a Company community event.
Completion of One Taikoo Place – the first commercial building in Hong Kong to obtain a “triple platinum” rating with WELL, BEAM Plus and LEED Final Platinum.
INDIGO became the first mixed-used development in the world to receive a LEED EBOM Platinum rating.
Officially launched “Sustainability We All Count” – our SD-themed publicity campaign.
Published our first Places Impact Report to highlight our placemaking efforts at Island East and Taikoo Place.
Sino-Ocean Taikoo Li Chengdu became our first portfolio to be powered by 100% renewable electricity.
Launched the Green Performance Pledge and Smart Waste Reduction Pilot Programme to enhance landlord-tenant SD partnerships.
First Hong Kong and Chinese Mainland developer to have 1.5°C-aligned science-based targets approved, the goal being to advance to net-zero emissions by 2050.
Joined the World Green Building Council’s Corporate Advisory Board to promote green building across the world.
Ranked fourth globally and first in Asia on the Dow Jones Sustainability World Index.
Taikoo Li Qiantan became the world's first shopping mall to receive WELL Core Platinum certification.
First inclusion on the 2023 Bloomberg Gender-Equality Index.
Swire Properties recognised as Hong Kong’s Most Attractive Employer at the Randstad Employer Brand Awards 2022.
Partnered with a company in the Global AI Challenge for Building Electrical and Mechanical Facilities. The joint team won a Gold Award and the Grand Prize.
2022 HIGHLIGHTs
Global Leadership in Sustainability Benchmarks and Indices
Continued to be included in global and local sustainability benchmarks and indices including DJSI, GRESB, Hang Seng Corporate Sustainability Index and more
Placemaking through cultural heritage preservation at Taikoo Li Xi'an
Taikoo Li Xi’an, Swire Properties’ newest development, will be located in the heart of downtown Xi’an adjacent to a UNESCO World Heritage Site
Listed on the Bloomberg Gender-Equality Index for the first time
Swire Properties began disclosing against the Bloomberg Gender-Equality Index, reflecting our dedication to advancing gender equality in the workplace
Continuing to develop long-term partnership with tenants
52 office tenants signed up to our Green Performance Pledge and 76 F&B outlets in Hong Kong and the Chinese Mainland are recognised with Green Kitchen Awards
Continuously Progressing Towards our Science-based Targets
Achieved a 28% absolute carbon reduction compared to the 2019 baseline for our global portfolio
Green Financing
~60% of our current bond and loan facilities are from green financing, including green bonds, sustainability-linked loans and green loans
chief executive’s
message
message
Our journey to net-zero is not ours alone:
supporting our stakeholders and our communities in their efforts to decarbonise is vital to the success of our common objectives.
Chief Executive
Tim Blackburn
Report Features
Report Download
SD Report 2022
(47.7 MB)
SD 2030 Strategy: 2022 Highlights
(287 KB)
