SD 2030 Strategy | Swire Properties SD Report 2022

SD 2030 Strategy

GRI 2-22
HKEX Mandatory Disclosure Requirement

For 50 years, Swire Properties has adopted, advocated and adhered to a philosophy of responsible development. We are committed to operating in an environmentally, socially and economically responsible manner across all aspects of our business.

In 2016, we introduced our SD vision to clearly articulate our direction:

To be the leading sustainable development performer in our industry globally by 2030

In the same year, we formulated our SD 2030 Strategy to implement this SD vision. This strategy has helped us build our SD capability and has ensured that SD considerations are part of all our operations and business decisions.

Our SD 2030 Strategy is built on five strategic pillars: Places, People, Partners, Performance (Environment) and Performance (Economic) (“the Pillars” or “Pillar”).

SD 2030 is premised on a creative mindset of innovation and experimentation and promoted through communication and engagement.

Places

Places are at the heart of, and central to, accomplishing our SD 2030 Strategy.

Through effective placemaking and long-term placekeeping, we aim to continue to transform the places in which we invest so as to create value, whilst retaining their character, supporting communities and enhancing people's lives.

Focus areas for Places:

People

The contributions of our employees are indispensable to our success.

We aim to create an environment where our employees will be healthier, happier and more productive. We invest in our employees and provide rewarding career paths so as to develop a diverse and industry-leading team.

Focus areas for People:

Talent Attraction

Talent Management

Rewards

Occupational Health and Safety

Diversity and Inclusion

Volunteering

Partners

Our business partners are crucial to the realisation of our SD 2030 Strategy.

We aim to continue to develop long-term, mutually beneficial relationships with our business partners and other key parties so as to improve our environmental, social and economic performance.

Focus areas for Partners:

Suppliers

Tenants

Customers

Residential Owners and Occupiers

Government

NGOs

Joint Venture Partners

Performance (Environment)

As a leading property developer, we are committed to building and managing our developments sustainably.

We aim to continue to design, construct and manage high-quality developments that contribute positively to the environment and the communities in which we operate.

Focus areas for Performance (Environment):

Climate Change

Energy

Resource and Circularity

Water

Biodiversity

Occupant Wellbeing

Building/Asset Investments

Performance (Economic)

We believe that long-term value creation depends on the sustainable development of our business.

We aim to deliver sustainable economic performance coupled with good corporate governance and high ethical standards.

Focus areas for Performance (Economic):

Financial Performance

Green Financing

Corporate Governance

Risk Management

Disclosure and Communications

Chief Executive’s Message

Our Chief Executive Tim Blackburn explains how our SD 2030 Strategy will help create healthy, vibrant places.

SD Governance

Our SD governance framework builds on our strong foundations of good corporate governance and high ethical standards.

Communication and Engagement

The successful implementation of our SD 2030 Strategy requires communication and engagement with all our stakeholders.

Innovation and Experimentation

A creative mindset of innovation and experimentation is crucial to the successful execution of our SD 2030 Strategy.

UN SDGs

We support the United Nations Sustainable Development Goals, which aim to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity by 2030.

Chief Executive’s Message

Our Chief Executive Tim Blackburn explains how our SD 2030 Strategy will help create healthy, vibrant places.

SD Governance

Our SD governance framework builds on our strong foundations of good corporate governance and high ethical standards.

Communication and Engagement

The successful implementation of our SD 2030 Strategy requires communication and engagement with all our stakeholders.

Innovation and Experimentation

A creative mindset of innovation and experimentation is crucial to the successful execution of our SD 2030 Strategy.

UN SDGs

We support the United Nations Sustainable Development Goals, which aim to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity by 2030.

Chief Executive’s Message

Our Chief Executive Tim Blackburn explains how our SD 2030 Strategy will help create healthy, vibrant places.

SD Governance

Our SD governance framework builds on our strong foundations of good corporate governance and high ethical standards.

Communication and Engagement

The successful implementation of our SD 2030 Strategy requires communication and engagement with all our stakeholders.

Innovation and Experimentation

A creative mindset of innovation and experimentation is crucial to the successful execution of our SD 2030 Strategy.

UN SDGs

We support the United Nations Sustainable Development Goals, which aim to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity by 2030.

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SD Governance

Our SD governance framework builds on our strong foundations of good corporate governance and high ethical standards.

Materiality

Materiality is defined as any factor that has a present or future impact on our ability to achieve our SD vision.

Reporting Boundary

Our approach to SD reporting reflects the scale of our operations, the complexity of our business and our various economic, environmental and social impacts.