Building/Asset Investments
GRI 417
HKEX Aspect A3, B6, KPI A3.1, B6.4
HKEX Aspect A3, B6, KPI A3.1, B6.4
Building/Asset Investments
GRI 417
HKEX Aspect A3, B6, KPI A3.1, B6.4
HKEX Aspect A3, B6, KPI A3.1, B6.4
As part of our approach to identify and manage the significant impacts of our buildings on the environment, natural resources and communities, we aim to obtain certification for our buildings under environmental building assessment schemes that provide benchmarks and objective standards against which we can measure our performance.
As part of our Building/Asset Investments focus area, we strongly support green building development.
The relevant SDGs are:
SDG 11
Making cities and human settlements inclusive, safe, resilient and sustainable.
SDG 12
Ensuring sustainable consumption and production patterns.
Demonstrating and Sustaining Green Building Leadership
Our projects employ an integrated design approach in accordance with the requirements of several internationally recognised green building standards and rating schemes. This approach compels members of our Project and Operations teams to work together in areas ranging from building design to construction and operation. These include local and international green building certification schemes such as:
- BEAM Plus, a set of standards recognised and certified by the Hong Kong Green Building Council.
- LEED, a rating system devised by the United States Green Building Council.
- The China Green Building Label, issued by the Ministry of Construction in the Chinese Mainland.
- WELL, a certification scheme developed by the International WELL Building Institute.
- SmartScore – certification that recognises and promotes technologically advanced smart buildings globally.
- WiredScore – certification for offices that assesses digital connectivity in commercial real estate.
In 2021, Swire Properties became the first developer in Hong Kong and the Chinese Mainland to join the World Green Building Council’s (“WorldGBC”) Corporate Advisory Board. As part of a select group of global leaders in sustainability, companies that sit on the Corporate Advisory Board guide WorldGBC strategy and activities to accelerate the sustainable building movement.
We also support our tenants to participate in environmental building assessment schemes and work to implement sustainability strategies that will help them achieve the relevant certifications.
Our Green Performance Pledge and Green Kitchen Initiative also include an SD fit-out programme which offers a set of SD fit-out technical guidelines for new tenants and existing tenants planning a renovation. These guidelines feature user-friendly templates, office design tips and a validation and recognition system to improve energy and water efficiency, reduce waste and enhance employee wellness.
Green Buildings as a Percentage of our Portfolio
96% of wholly-owned existing buildings36 are certified green buildings, of which 98% have achieved the highest ratings.
97% of all existing buildings37 are certified green buildings, of which 95% have achieved the highest ratings.
100% of wholly-owned projects under development38 have achieved green building certification ratings.
36 | “Wholly-owned existing buildings” do not include joint venture projects and trading properties and are measured as the percentage of total GFA. |
37 | “All existing buildings” includes joint venture projects (excludes trading properties and are measured as the percentage of total GFA). |
38 | “Projects under development” refers to projects that are under construction or in the precertification stage and does not include joint venture projects and trading properties. |
Green Buildings Certified in 2024
14 commercial buildings in our Hong Kong portfolio obtained the highest Platinum ratings of BEAM Plus Existing Buildings (“EB”) V2.0 (Comprehensive Scheme).
Swire Properties also obtained a number of green building firsts and other notable achievements in 2024, listed below.
In Hong Kong:
- Taikoo Place was the first and only project in the Greater Bay Area to achieve Platinum certification under LEED v4.1 Communities: Existing (as of 31 December 2024).
- One Taikoo Place, PCCW Tower, Dorset House, Pacific Place Mall and Five Pacific Place achieved a Platinum rating in LEED v4.1 Operations and Maintenance: Existing Buildings.
- One, Two, Three and Five Pacific Place and Pacific Place Mall achieved WELL Health-Safety Rating.
- Six Pacific Place achieved triple Platinum rating under WELL Core v1, LEED v4 Building Design and Construction: Core and Shell Development and BEAM Plus New Buildings v2.0.
- The Headland Residences Site B, Rocky Bank and 269 Queen’s Road East achieved Provisional Platinum rating under BEAM Plus New Buildings v2.0.
- South Island Place achieved Final Platinum rating under BEAM Plus Existing Building v2.0 (in January 2025).
- Two Taikoo Place was the only Hong Kong project recognised in the LEED “Campaign: Frontiers” programme launched by LEED North Asia.
In the Chinese Mainland:
- Taikoo Li Sanlitun South achieved Two-star China Green Building Label.
- Taikoo Hui Guangzhou, Tower 2 became the second and largest office in a mixed-use project in the world and the first mixed-use office building in the Chinese Mainland to be awarded both LEED Zero Carbon and LEED Zero Energy certificates.
- ONE INDIGO, part of Taikoo Place Beijing, is the first building in the Chinese Mainland to achieve LEED Zero Water certification.
- Taikoo Li Sanlitun N15 achieved Platinum rating under LEED v4 Building Design and Construction.
- New Bund Mixed-use Project (Office) received Platinum precertification under LEED v4 Building Design and Construction.
- Taikoo Li Chengdu achieved Platinum rating under WELL Core v2.
- HKRI Centre 1 and 2 were certified by RESET Air CS 2.0.
Taikoo Hui Guangzhou (Tower 2) – HSBC Office Awarded Double LEED Zero Certifications
Taikoo Hui Guangzhou (Tower 2) – HSBC Office Awarded Double LEED Zero Certifications
In 2024, Taikoo Hui Guangzhou (Tower 2) and our long-term anchor tenant HSBC were jointly awarded double LEED Zero certifications, receiving both LEED Zero Carbon and LEED Zero Energy certificates. Taikoo Hui Guangzhou is the second and largest office in a mixed-use project in the world (in terms of office building gross floor area) and the first mixed-use Chinese Mainland office to achieve these certifications.
To attain LEED Zero Carbon, we achieved net-zero carbon emissions from energy consumption and occupant transportation thanks to a reduction in carbon emissions and carbon offsets over the last 12 months. This achievement is based on LEED O+M Platinum certification, which represents a continuous reduction in energy consumption and convenient access to public transport. Meanwhile, the LEED Zero Energy certificate recognises that the building has achieved an energy use balance of zero. The twin certificates demonstrate the power of collaboration between Swire Properties and our tenants to improve the sustainability performance of our buildings and move towards the goal of net-zero emissions by 2050.
Two Taikoo Place Wins 2024 ULI Asia Pacific Awards For Excellence
Two Taikoo Place Wins 2024 ULI Asia Pacific Awards For Excellence
Two Taikoo Place, the newest triple Grade-A office tower at Taikoo Place, was named a winner of the Urban Land Institute (“ULI”) 2024 Asia Pacific Awards for Excellence at the 2024 ULI Asia Pacific Summit in Tokyo. This is the second time that Taikoo Place has received this distinguished award after the development as a whole received the accolade in 2020.
The ULI Asia Pacific Awards for Excellence recognise exceptional real estate projects and programmes that go beyond architectural and design excellence to consider the full development process. Two Taikoo Place was the only recipient from Hong Kong among the 12 winners that were picked from a shortlist of 44 exceptional submissions. Two Taikoo Place was also recognised as a highly resilient and “future-proofed” building that was designed with climate resilience in mind. Its features include, among others:
- A façade that can withstand 150% of the strongest winds ever recorded in the city.
- Storm drainage that exceeds the minimum requirements.
- Electricity supplied from two separate power substations in different geographical areas to ensure uninterrupted power supply.
Two Taikoo Place was cited as, “A prime example of the region’s most successful and innovative urban developments, impressing the judges not only with its remarkably challenging design manifested by the curved frameless tension glass wall, but also the human-centric features that it owns, and the positive impact it brings to the community.”
Chinese Mainland Green Building Certifications
Chinese Mainland Green Building Certifications
Taikoo Li Chengdu Achieves First WELL Core Platinum Certification in the Southwest
Taikoo Li Chengdu became the first WELL Core Platinum certified commercial property in the Chinese Mainland’s southwest region, which includes the provinces of Yunnan, Guizhou and Sichuan. It is also the only commercial property in the southwest to hold LEED and WELL Platinum certification.
Taikoo Li Sanlitun South Obtains Two-star China Green Building Label
Taikoo Li Sanlitun South received a Two-star China Green Building Label in 2024. Issued by the Beijing Municipal Commission of Housing and Urban-rural Development, this recognition indicates that a building meets high standards in six assessment criteria: land savings and outdoor environment, energy, water and materials savings, indoor environmental quality, as well as operations and management.
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