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Progress Summary Table

Talent Attraction
Talent Management
Occupational Health and Safety
Diversity and Inclusion

2021 Progress

Our People Working Group is comprised of 22 representatives from different functions within the Company. Its primary responsibility is to achieve progress in the six focus areas of the People Pillar: Talent Attraction; Talent Management; Rewards; Occupational Health and Safety; Diversity and Inclusion; and Volunteering.

In 2021, we continued to work towards achieving our 2025 KPIs. Specific achievements this year included an increased focus on workplace health and safety, both in our own operations and in organisations along our supply chain, and further refinements to our human resource policies designed to create an inclusive, safe and healthy workplace.

Our progress towards our 2025 KPIs is summarised in the table below.

Talent Attraction

Employer Branding

2025 KPI
  • Improve employee Net Promoter Score by 10%3
Progress Updates in 2021
  • We measured this indicator in our 2020 People Engagement Survey and will conduct regular pulse surveys to gauge its improvement. Our Talent Management subgroup is developing strategies to improve performance in this area.

Talent Management

Learning and Development

2025 KPI
  • A 25% increase in training hours per employee per year4
Progress Updates in 2021
  • Delivered approximately 164000 training hours in 2021, an average of 26.4 training hours per employee. This is an increase of 116% compared to our 2016 baseline year.

Engagement

2025 KPI
  • Achieve an employee engagement index rating of 90% or above
  • Improve employee turnover rate by 5.5%5
Progress Updates in 2021
  • The results of our 2020 People’s Engagement Survey recorded an 88% employee engagement index rating.
  • The turnover rate in 2021 was 23.3% and has improved by 1.2% compared to our 2018 baseline year.

Occupational Health and Safety

Safety

2025 KPI
  • Maintain a lost time injury rate (“LTIR”) at or below 1.2 for non-hotel operations; and at or below 2.0 for hotel operations
  • Maintain zero work-related fatalities and zero serious incidents6 for employees
Progress Updates in 2021
  • LTIR of 0.67 for Swire Properties’ non-hotel operations and an LTIR of 1.55 for Swire Properties’ hotel operations.
  • Maintained zero serious incidents and zero work-related fatalities.
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Diversity and Inclusion

Policy, Strategy and Governance

2025 KPI
  • Maintain a gender balance in senior management
  • Maintain gender pay ratio at 1:1
Progress Updates in 2021
  • 49% of senior management positions held by women.
  • The gender pay ratio in 2021 is 1 : 1.07 (female to male).
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3
Compared to the baseline year of 2020.
4
Compared to the baseline year of 2016
5
Compared to the baseline year of 2018.
6
Defined in the Swire Pacific Fatal and Serious Incident Reporting Policy, a serious incident is a life-threatening or life-altering injury (that results in permanent disablement or causes a permanent change to the employee’s daily life) arising from an incident which is directly connected with the operations.
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