GRI 102: General Disclosures

GRI Indicator
Description
References and Remarks

Organisational Profile

102-1

Name of the organisation

Cover Page

102-2

Activities, brands, products, and services

Profile of Swire Properties Limited

Places

Annual Report 2020 – Company Profile

Corporate website – About Us

http://www.swireproperties.com/en/about-us.aspx

102-3

Location of headquarters

Profile of Swire Properties Limited

102-4

Location of operations

Profile of Swire Properties Limited

Places

Annual Report 2020 – Company Profile

102-5

Ownership and legal form

Profile of Swire Properties Limited

Annual Report 2020 – Company Profile

102-6

Markets served

Profile of Swire Properties Limited

Places

Annual Report 2020 – Company Profile

Corporate website – About Us

http://www.swireproperties.com/en/about-us.aspx

102-7

Scale of the organisation

Profile of Swire Properties Limited

G4-CRE

Gross lettable area for assets under construction and management and vacancy rate

Annual Report 2020 – Management Discussion & Analysis - Review of Operations - Portfolio Overview

102-8

Information on employees and other workers

People

Performance Data Summary

102-9

Supply chain

102-10

Significant changes to the organisation and its supply chain

Partners

GRI & HKEX ESG Reporting

Annual Report 2020 – Management Discussion & Analysis - Review of Operations - Portfolio Overview

There were no significant changes in the location of suppliers, the structure of the supply chain, or relationships with suppliers, including selection and termination.

102-11

Precautionary Principle or approach

SD Governance

Performance (Economic)

Annual Report 2020 – Risk Management

102-12

External initiatives

External Charters and Memberships

102-13

Memberships of associations

External Charters and Memberships

Strategy

102-14

Statement from senior decision-maker

Chief Executive's Message

Ethics and Integrity

102-16

Values, principles, standards and norms of behaviour

Performance (Economic)

Corporate website – Our Vision and Values

http://www.swireproperties.com/en/about-us/our-vision-and-values.aspx

Corporate website – Corporate Code of Conduct

http://ir.swireproperties.com/en/cg/pdf/conduct.pdf

Corporate website – Sustainable Development

http://www.swireproperties.com/en/sustainable-development.aspx

102-17

Mechanisms for advice and concerns about ethics

Performance (Economic)

Corporate website – Whistleblowing Policy

https://ir.swireproperties.com/en/cg/pdf/whistleblowing.pdf

Governance

102-18

Governance structure

SD Governance

Performance (Economic)

Annual Report 2020 – Corporate Governance – The Board of Directors

102-19

Delegating authority

SD Governance

Annual Report 2020 – Corporate Governance – Delegation by the Board

102-20

Executive-level responsibility for economic, environmental, and social topics

SD Governance

102-22

Composition of the highest governance body and its committees

Annual Report 2020 – Corporate Governance

102-23

Chair of the highest governance body

Performance (Economic)

Annual Report 2020 – Corporate Governance

102-24

Nominating and selecting and highest governance body

Annual Report 2020 – Corporate Governance – Appointment and Re-election

102-25

Conflicts of interest

Performance (Economic)

Annual Report 2020 – Corporate Governance – Conflicts of Interest

102-26

Role of highest governance body in setting purpose, values and strategy

SD Governance

Annual Report 2020 – Corporate Governance – The Board of Directors

102-27

Collective knowledge of highest governance body

Annual Report 2020 – Corporate Governance – Board Processes and Continuous Professional Development

102-30

Effectiveness of risk management processes

Performance (Economic)

Climate-related Financial Disclosures

Annual Report 2020 – Corporate Governance – Accountability and Audit

Annual Report 2020 – Risk Management

102-32

Highest governance body’s role in sustainability reporting

SD Governance

102-35

Remuneration policies

Annual Report 2020 – Corporate Governance – Remuneration Committee

Annual Report 2020 – Notes to the Financial Statements – Note 9 Directors’ and Executive Officers’ Emoluments

Corporate Website – Corporate Governance - Terms of Reference

http://ir.swireproperties.com/en/cg/terms-of-reference.php

102-36

Process for determining remuneration

102-37

Stakeholders’ involvement in remuneration

Stakeholder Engagement

102-40

List of stakeholder groups

Materiality

102-41

Collective bargaining agreements

There are no formal collective bargaining agreements in place within our Company.

In the Chinese mainland, 63% of our employees are represented by trade unions. In Hong Kong, all of our employees have the right and freedom to form and join trade unions.

102-42

Identifying and selecting stakeholders

Materiality

102-43

Approach to stakeholder engagement

Materiality

102-44

Key topics and concerns raised

Materiality

Reporting Practice

102-45

Entities included in the consolidated financial statements

Annual Report 2020 – Schedule of Principal Group Properties

102-46

Defining report content and topic Boundaries

Materiality

GRI and HKEX ESG Reporting

102-47

List of material topics

Materiality

102-48

Restatements of information

Performance Data Summary

102-49

Changes in reporting

About this Report

GRI and HKEX ESG Reporting

Performance Data Summary

102-50

Reporting period

About this Report

GRI and HKEX ESG Reporting

102-51

Date of most recent report

GRI and HKEX ESG Reporting

102-52

Reporting cycle

About this Report

GRI and HKEX ESG Reporting

102-53

Contact point for questions regarding the report

Table of Contents

102-54

Claims of reporting in accordance with GRI Standards

GRI and HKEX ESG Reporting

Global Reporting Initiative Content Index

102-55

GRI Content Index

Global Reporting Initiative Content Index

102-56

External assurance

GRI and HKEX ESG Reporting

Assurance Report

Material Topics (Economic) & Management Approach

GRI Indicator
Description
References and Remarks

GRI 201: Economic Performance 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

Performance (Economic)

Annual Report 2020 – Key Business Strategies

Annual Report 2020 – Management Discussion & Analysis – Review of Operations – Review of Operations

103-3

Evaluation of the management approach

201-1
Direct economic value generated and distributed

Performance (Economic)

Annual Report 2020 – Management Discussion & Analysis – Review of Operations – Portfolio Overview

Annual Report 2020 – Financial Review

201-2
Financial implications and other risks and opportunities due to climate change

Climate-related Financial Disclosures

Performance (Economic)

201-4
Financial assistance received from government

We did not receive significant financial assistance from any government.

GRI 203: Indirect Economic Impacts 2016

103-1
Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2
The management approach and its components

Places

Annual Report 2020 – Management Discussion & Analysis – Review of Operations – Portfolio Overview

103-3
Evaluation of the management approach
203-1
Infrastructure investments and services supported
Places
203-2
Significant indirect economic impacts

Places

Annual Report 2020 – Management Discussion & Analysis – Review of Operations – Portfolio Overview

GRI 205: Anti-corruption 2016

103-1
Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2
The management approach and its components

Performance (Economic)

Corporate website – Corporate Code of Conduct

http://ir.swireproperties.com/en/cg/pdf/conduct.pdf

103-3
Evaluation of the management approach
205-2
Communication and training on anti-corruption policies and procedures

Performance (Economic)

Performance Data Summary

205-3
Confirmed incidents of corruption and actions taken

Performance (Economic)

Performance Data Summary

Material Topics (Environmental) & Management Approach

GRI Indicator
Description
References and Remarks

GRI 301: Materials 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

Partners

Performance (Environment)

Corporate website – Environmental Policy

http://www.swireproperties.com/en/sustainable-development/policies/environmental-policy.aspx

Swire group website - Swire Pacific Sustainable Procurement Policy

http://www.swirepacific.com/en/sd/policy/procurement.pdf

103-3

Evaluation of the management approach

301-1

Materials used by weight or volume

Partners

Performance (Environment)

Performance Data Summary

GRI 302: Energy 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

Performance (Environment)

Corporate website – Energy Policy

http://www.swireproperties.com/en/sustainable-development/policies/energy-policy.aspx

103-3

Evaluation of the management approach

302-1

Energy consumption within the organisation

Performance (Environment)

Performance Data Summary

302-3

Energy intensity

Performance (Environment)

Performance Data Summary

G4-CRE1

Building energy intensity

302-4

Reduction of energy consumption

Performance (Environment)

Performance Data Summary

GRI 303: Water and Effluents 2018

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

Performance (Environment)

Corporate website – Water Policy

https://www.swireproperties.com/en/sustainable-development/policies/water-policy.aspx

103-3

Evaluation of the management approach

303-1

Interactions with water as a shared resource

Performance (Environment)

Performance Data Summary

303-2

Management of water discharge-related impacts

Performance (Environment)

Performance Data Summary

303-3

Water withdrawal

Performance Data Summary

The majority of water consumed by our operations comes from municipal sources in the different cities where we operate. Disclosure on the breakdown of water withdrawn by source e.g. surface water, ground water, etc. is considered to be not applicable.

303-4

Water discharge

Performance Data Summary

100% of water discharged from our operations was transported to municipal wastewater systems in the cities where we operate.

G4-CRE2

Building water intensity

Performance (Environment)

Performance Data Summary

GRI 305: Emissions 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

Performance (Environment)

Climate-related Financial Disclosures

Performance Data Summary

Corporate website – Climate Change Policy

https://www.swireproperties.com/en/sustainable-development/policies/climate-change-policy.aspx

103-3

Evaluation of the management approach

305-1

Direct (Scope 1) GHG emissions

Performance (Environment)

Performance Data Summary

305-2

Energy Indirect (Scope 2) GHG emissions

Performance (Environment)

Performance Data Summary

305-3

Other indirect (Scope 3) GHG emissions

Performance (Environment)

Performance Data Summary

305-4

GHG emissions intensity

Performance (Environment)

Performance Data Summary

G4-CRE3

GHG emissions intensity from buildings

305-5

Reduction of GHG emissions

Performance (Environment)

Performance Data Summary

GRI 306: Waste 2020

306-1

Waste generation and significant waste-related impacts

Materiality

GRI and HKEX ESG Reporting

Performance (Environment)

306-2

Management of significant waste-related impacts

Performance (Environment)

Corporate website – Waste Management Policy

http://www.swireproperties.com/en/sustainable-development/policies/waste-management-policy.aspx

306-3

Waste generated

Performance (Environment)

Performance Data Summary

306-4

Waste diverted from disposal

Performance (Environment)

Performance Data Summary

306-5

Waste directed to disposal

Performance (Environment)

Performance Data Summary

GRI 307: Environmental Compliance 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

Performance (Environment)

Performance (Economic)

103-3

Evaluation of the management approach

307-1

Non-compliance with environmental laws and regulations

In 2020, we were not subject to significant fines or non-monetary sanctions for non-compliance with such laws or regulations.

GRI 308: Supplier Environmental Assessment 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

Partners

Corporate website – Partners

http://www.swireproperties.com/en/sustainability/partners.aspx

Corporate website – Supplier Code of Conduct

http://www.swireproperties.com/en/sustainable-development/policies/supplier-code-of-conduct.aspx

Swire group website – Swire Pacific Sustainable Procurement Policy

http://www.swirepacific.com/en/sd/policy/procurement.pdf

103-3

Evaluation of the management approach

308-1

New suppliers that were screened using environmental criteria

Partners

Material Topics (Social) & Management Approach

GRI Indicator
Description
References and Remarks

GRI 401: Employment 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

103-3

Evaluation of the management approach

401-1

New employee hires and employee turnover

People

Performance Data Summary

401-3

Parental leave

Performance Data Summary

GRI 403: Occupational Health and Safety 2018

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

103-3

Evaluation of the management approach

403-1

Occupational health and safety management system

People

Performance Data Summary

403-2

Hazard identification, risk assessment, and incident investigation

People

Performance (Economic)

403-3

Occupational health services

People

403-4

Worker participation, consultation, and communication on occupational health and safety

People

403-5

Worker training on occupational health and safety

People

Performance Data Summary

403-6

Promotion of worker health

People

403-7

Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

People

403-8

Workers covered by an occupational health and safety management system

People

Performance Data Summary

G4-CRE6

Percentage of the organisation operating in verified compliance with an internationally recognised occupational health and safety management system (ISO 45001 or OHSAS 18001)

403-9

Work-related injuries

People

Performance Data Summary

403-10

Work-related ill health

Performance Data Summary

GRI 404: Training and Education 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

People

103-3

Evaluation of the management approach

404-1

Average hours of training per year per employee

People

Performance Data Summary

404-2

Programs for upgrading employee skills and transition assistance programs

People

404-3

Percentage of employees receiving regular performance and career development reviews

Performance Data Summary

GRI 405: Diversity and Equal Opportunity 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

People

Corporate Website – Diversity and Inclusion Policy

https://www.swireproperties.com/en/sustainable-development/policies/diversity-and-inclusion-policy.aspx

Corporate Website – Board Diversity Policy

http://ir.swireproperties.com/en/cg/pdf/diversity.pdf

Corporate Website – Corporate Code of Conduct

https://ir.swireproperties.com/en/cg/pdf/conduct.pdf

103-3

Evaluation of the management approach

405-1

Diversity of governance bodies and employees

People

Performance Data Summary

Annual Report 2020 – Corporate Governance & Sustainability – Directors and Officers

Corporate website – Directors

http://ir.swireproperties.com/en/cg/directors.php

405-2

Ratio of basic salary and remuneration of women to men

People

Performance Data Summary

GRI 413: Local Communities 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

Places

People

103-3

Evaluation of the management approach

413-1

Operations with local community engagement, impact assessments, and development programmes

Places

GRI 414: Supplier Social Assessment 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

103-3

Evaluation of the management approach

414-1

New suppliers that were screened using social criteria

Partners

GRI 416: Customer Health and Safety 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

Performance (Environment)

103-3
Evaluation of the management approach
416-1
Assessment of the health and safety impacts of product and service categories
Performance (Environment)
GRI 417: Marketing and Labelling 2016
103-1
Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2
The management approach and its components
Performance (Environment)
103-3
Evaluation of the management approach
417-1
Requirements for product and service information and labelling

Performance (Environment)

This disclosure has been made with respect to certification for our buildings under relevant environmental building assessment schemes.

G4-CRE8
Type and number of sustainability certification, rating and labelling schemes for new construction, management, occupation and redevelopment

Performance (Environment)

GRI 419: Socioeconomic Compliance 2016

103-1

Explanation of the material topic and its Boundary

Materiality

GRI and HKEX ESG Reporting

103-2

The management approach and its components

Performance (Economic)

Corporate website – Corporate Code of Conduct

http://ir.swireproperties.com/en/cg/pdf/conduct.pdf

103-3

Evaluation of the management approach

419-1

Non-compliance with laws and regulations in the social and economic area

In 2020, we were not subject to significant fines or non-monetary sanctions for non-compliance with such laws or regulations.

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