2024 Health and Safety Performance
HKEX KPI B2.1, B2.2
Swire Properties prioritises the health and safety of our employees and we pride ourselves on our safety-oriented workplace culture.
In 2024, we maintained our record of zero workplace fatalities and zero serious or life-altering injuries among our employees. There were also no confirmed incidents of non-compliance with relevant laws or regulations relating to the provision of a safe working environment and the protection of employees from occupational hazards.
One of our 2025 KPIs is to achieve and maintain a Lost Time Injury Rate (“LTIR”) below 1.2 for non-hotel operations, and at or below 2.0 for hotel operations. Through investment in training and awareness programmes, we have achieved significant LTIR improvements over the past 10 years. In 2024, our overall LTIR was 0.71, with hotel operations at 1.08 and non-hotel operations at 0.56.
In 2024, our total recordable injury rate (“TRIR”) decreased by 2.5% compared to 2023; similarly, our LTIR decreased by 10.1% over the same period and our lost day rate (“LDR”)9 increased by 10.7% compared to 2023.
Employee LTIR and LDR Trends
HKE KPI B2.2
2022
2023
2024
LTIR
0.87
9.4%
change year-on-year
0.79
9.2%
change year-on-year
0.71
10.1%
change year-on-year
LDR
31.42
12%
change year-on-year
22.81
27.4%
change year-on-year
25.25
10.7%
change year-on-year
LTIR
2022
0.87
9.4%
change year-on-year2023
0.79
9.2%
change year-on-year2024
0.71
10.1%
change year-on-yearLDR
2022
31.42
12%
change year-on-year2023
22.81
27.4%
change year-on-year2024
25.25
10.7%
change year-on-yearEmployee LTIR and LDR 2024, by portfolio
LTIR
LDR
Properties
0.56
20.01
Hotels
1.08
38.71
Overall
0.71
25.25
Properties
LTIR
0.56
LDR
20.01
Hotels
LTIR
1.08
LDR
38.71
Overall
LTIR
0.71
LDR
25.25
Trend Analysis of Lost Time Injury Rate (LTIR) from 2010 to 2024
Our 2023-25 Health and Safety Roadmap is on track and is achieving the desired outcomes of raising safety awareness amongst employees and effectively identifying and removing serious hazards from the workplace.
Please select the Portfolio:
Swire Properties’ Internal Safety Awards
Swire Properties’ Internal Safety Awards
All our properties maintained robust internal health and safety standards this year, with many achieving awards, including Zero Lost Time Injury (“Zero LTI”) awards and our Outstanding Health and Safety Performance Award. Citygate Outlets and Taikoo Hui Guangzhou achieved the highest scores in the Outstanding Health and Safety Performance Award 2024 for the second and fourth years respectively. Both properties maintained incident-free workplaces throughout the year and scored well on internal audits and safety improvement initiatives.
2024 Zero Lost Time Injury Awards
2,000 days Zero LTI Award:
- Taikoo Hui Guangzhou
1,000 days Zero LTI Awards:
- Citygate Outlets
- Island Place
- INDIGO
- Taikoo Li Qiantan
500 days Zero LTI Awards:
- ZHANGYUAN
- Taikoo Li Sanlitun
180 days Zero LTI Awards:
- Pacific Place
- Cityplaza
- Pacific Place Apartments
- EAST Residences Hong Kong
- Taikoo Li Chengdu
- EAST Beijing
- The Middle House
- The Temple House
SEE MORE IN
