About This Report

GRI 2-1, 2-3, 2-6
This report is the sixteenth Sustainability Report of Swire Properties Limited (“Swire Properties” or “the Company”).
This report is the sixteenth Sustainability Report of Swire Properties Limited (“Swire Properties” or “the Company”). The report covers the period from 1 January 2023 to 31 December 2023 and focuses on Swire Properties’ businesses, joint ventures and subsidiaries in property investment, property trading, and hotel investment and management, where the Company has operational control. The report includes details of our SD vision and progress on the implementation of our SD 2030 Strategy during the past year. This report was published online in April of 2024 and can be found on Swire Properties’ dedicated Sustainability Report website.
The report covers the period from 1 January 2023 to 31 December 2023 and focuses on Swire Properties’ businesses, joint ventures and subsidiaries in property investment, property trading, and hotel investment and management, where the Company has operational control. The report includes details of our SD vision and progress on the implementation of our SD 2030 Strategy during the past year. This report was published online in April of 2024 and can be found on Swire Properties’ dedicated Sustainability Report website.

ESG Reporting Standards and Principles

GRI 2-2, 2-3, 2-6
HKEX Mandatory Disclosure Requirement
This report has been prepared in accordance with the GRI Standards: Core option and with reference to the GRI G4 Construction and Real Estate Sector Disclosures. We have been reporting on our SD performance annually against GRI since 2007.
We have also prepared this report disclosing all Hong Kong Exchanges and Clearing Limited (“HKEX”) mandatory disclosure requirements and “comply or explain” provisions set out in the Environmental, Social and Governance Reporting Guide (“HKEX ESG Reporting Guide”) contained in Appendix C2 to The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited for the year ended 31 December 2023.
We have incorporated a content index based on the International Sustainability Standards Board’s (“ISSB”) IFRS S2 on Climate-related Disclosures published in June 2023. This document seeks to provide consistent, complete, comparable, and verifiable information, including consistent metrics and standardised qualitative disclosures, to help assess how climate-related matters and the associated risks and opportunities affect:
  • An entity’s financial position and financial performance;
  • The amount, timing and certainty of the entity’s future cash flows over the short, medium and long term and, therefore, the assessment of enterprise value by users of general-purpose financial reporting; and
  • The entity’s strategy and business model.
To define the content of this report and to ensure the quality of the information presented therein, we have made reference to the GRI’s Reporting Principles and follow the HKEX ESG Reporting Guide. These include:
Materiality
We conduct regular materiality assessments and stakeholder engagements to identify material issues related to sustainability, and to ensure these issues are properly addressed by our SD 2030 Strategy.

Please refer to Materiality for more information.
Quantitative
The notes accompanying our Performance Data Summary provide information about the standards and methodologies used to calculate data, where appropriate.
Balance
We report both the positive and negative impacts of our performance in a transparent manner to enable a reasoned and unbiased assessment of our overall performance.
Consistency
To facilitate comparability over time, we maintain consistency in the use of reporting standards and principles, the methods used to calculate data, structure of the report, and the explanations of methods and assumptions used to prepare information. We will also provide explanations to facilitate information interpretation when changes occur.