Filter
Filter
Choose Topics
Workforce Profile
New Hires
Turnover
Training
Occupational Health and Safety (employee)
Governance

Reporting Boundary:
(a)
Our Hong Kong portfolio, Chinese Mainland portfolio and U.S.A. portfolio refers to office and retail portfolio in Hong Kong, the Chinese Mainland and Miami, U.S.A. respectively, excluding hotels.
(b)
Hotels refer to Swire Hotels, serviced apartments and Swire Restaurants in Hong Kong, the Chinese Mainland and Miami, U.S.A.
Notes:
R -
Denotes sustainability data that has been assured by PwC. Please refer to the Independent Limited Assurance Report for further details.
(1)
Female representation in the workforce (%) is calculated as "total number of female employees as of 31 Dec of the reporting year divided by total number of employees as at 31 Dec of the reporting year".
(2)
Data on permanent and fixed term/temporary employment contract are reported since 2017 in accordance with the GRI General Disclosure 2-7.
(3)
From 2025 onwards, total new hires include permanent full-time employees only. Figures for 2024 and earlier included all permanent employees. New hires rate is calculated as "total number of new hires (permanent full-time employees) in the reporting year divided by total number of permanent full-time employees as of 31 Dec of the reporting year and then multiplied by 100%".
(4)
From 2025 onwards, voluntary turnover include permanent full-time employees only. Figures for 2024 and earlier included all permanent employees. Voluntary turnover rate is calculated as "total number of permanent full-time employees voluntarily leaving employment during the reporting year divided by total number of permanent full-time employees as of 31 Dec of the reporting year and then multiplied by 100%".
(5)
From 2025 onwards, total turnover include permanent full-time employees only. Figures for 2024 and earlier included all permanent employees. Total turnover rate is calculated as "total number of permanent full-time employees voluntarily and involuntarily leaving employment during the reporting year divided by total number of permanent full-time employees as of 31 Dec of the reporting year and then multiplied by 100%".
(6)
From 2025 onwards, total average tenure include permanent full-time employees only. Figures for 2024 and earlier included all permanent employees.
(7)
Return to work rate is calculated as "total number of employees who did return to work after parental leave divided by total number of employees due to return to work after taking parental leave and then multiplied by 100%".
(8)
Female representation in Strategic Leader Position (%) is calculated as "total number of female strategic leaders as of 31 Dec of the reporting year divided by total number of strategic leaders workforce as at 31 Dec of the reporting year".
(9)
Mean gender pay gap is calculated by subtracting the mean annualised female employees basic salary from the mean annualised male employees basic salary and then dividing it by the mean annualised male employees basic salary.
(10)
Lost time injury rate ("LTIR") (employee) represents the number of injuries per 100 employees per year. It is calculated as "total number of injuries multiplied by 200,000 and then divided by total hours worked". The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.
(11)
Rate of high-consequence injuries represents the number of high-consequence injuries per 100 employees per year. It is calculated as "total number of high-consequence injuries multiplied by 200,000 and then divided by total hours worked". The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.
(12)
Lost day rate ("LDR") (employee) represents the number of lost scheduled working days per 100 employees per year. It is calculated as "total days lost multiplied by 200,000 and then divided by total hours worked". The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.
(13)
Absentee rate is calculated as number of actual work days lost (include lost days due to work-related injuries and sick days) divided by number of scheduled work days in the reporting year. Excluded U.S.A. portfolio and EAST Miami employees as employee sick leave is not tracked in U.S.A.
(14)
An employee fatality is a loss of life of an employee as the result of a work-related incident.
(15)
Rate of fatalities represents the number of fatalities per 100 employees per year. It is calculated as "total number of fatalities multiplied by 200,000 and then divided by total hours worked". The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.
(16)
Calculated based on percentage of employees.
(17)
Lost time injury rate ("LTIR") (contractor) represents the number of injuries per 100 contractor workers per year. It is calculated as "total number of injuries multiplied by 200,000 and then divided by total hours worked". The factor 200,000 is the annual hours worked by 100 contractor workers, based on 40 hours per week for 50 weeks a year.
(18)
Accident rate (contractor) represents the number of reportable accidents per 1,000 contractor workers. It is calculated as "total number of reportable accidents multiplied by 1,000 and then divided by average daily number of contractor workers on- site".
(19)
A contractor fatality is defined as a loss of life of a contractor or subcontractor employee as the result of a work-related incident while performing work exclusively for the Company at the time of the incident, where the work or workplace is under the direct control of the Company.
(20)
Convicted cases of corruption is defined as the number concluded legal cases regarding corrupt practices brought against the Company or its employees recorded during the reporting year. According to the Company's Anti-fraud and Anti-corruption Policy, these practices may include bribery, extortion, fraud, and money laundering.
(21)
Breaches to the Corporate Code of Conduct are defined as the number of breaches of the Corporate Code of Conduct associated with employees employed by the Company confirmed during the reporting year.
(22)
Tier-1 suppliers are defined as those suppliers with whom Swire Properties' wholly owned or managed investment portfolio has a direct contractual relationship with. Within the Hotels business, Tier-1 suppliers include all suppliers contracted directly by our wholly owned hotels, joint-venture hotels, serviced apartments, restaurants, and selected managed hotels, Headland Hotel and EAST Miami.
(23)
Unique suppliers refer to distinct suppliers that provide goods or services to Swire Properties. Each supplier is counted once, regardless of the number of contracts or transactions Swire Properties has with them.
(24)
Suppliers are defined as unique and significant when fulfilling all the criteria: they had an active business relationship with the Company in 2025; recorded an annual spend of HKD 200,000 or above based on 2023 annual spend; are located in Hong Kong or the Chinese Mainland as defined by the EcoVadis Platform; and are classified as high-risk under the ESG risk screening in the EcoVadis IQ Plus assessment.
(25)
The number of unique significant suppliers in Tier-1 assessed represents those assessed through the EcoVadis Vitals questionnaire during the reporting year.
(26)
Included Hong Kong secondees working in Singapore, Indonesia and Vietnam.
(27)
Excluded EAST Miami employees.
Reporting Boundary:
(a)
Our Hong Kong portfolio, Chinese Mainland portfolio and U.S.A. portfolio refers to office and retail portfolio in Hong Kong, the Chinese Mainland and Miami, U.S.A. respectively, excluding hotels.
(b)
Hotels refer to Swire Hotels, serviced apartments and Swire Restaurants in Hong Kong, the Chinese Mainland and Miami, U.S.A.
Notes:
R -
Denotes sustainability data that has been assured by PwC. Please refer to the Independent Limited Assurance Report for further details.
(1)
Female representation in the workforce (%) is calculated as "total number of female employees as of 31 Dec of the reporting year divided by total number of employees as at 31 Dec of the reporting year".
(2)
Data on permanent and fixed term/temporary employment contract are reported since 2017 in accordance with the GRI General Disclosure 2-7.
(3)
From 2025 onwards, total new hires include permanent full-time employees only. Figures for 2024 and earlier included all permanent employees. New hires rate is calculated as "total number of new hires (permanent full-time employees) in the reporting year divided by total number of permanent full-time employees as of 31 Dec of the reporting year and then multiplied by 100%".
(4)
From 2025 onwards, voluntary turnover include permanent full-time employees only. Figures for 2024 and earlier included all permanent employees. Voluntary turnover rate is calculated as "total number of permanent full-time employees voluntarily leaving employment during the reporting year divided by total number of permanent full-time employees as of 31 Dec of the reporting year and then multiplied by 100%".
(5)
From 2025 onwards, total turnover include permanent full-time employees only. Figures for 2024 and earlier included all permanent employees. Total turnover rate is calculated as "total number of permanent full-time employees voluntarily and involuntarily leaving employment during the reporting year divided by total number of permanent full-time employees as of 31 Dec of the reporting year and then multiplied by 100%".
(6)
From 2025 onwards, total average tenure include permanent full-time employees only. Figures for 2024 and earlier included all permanent employees.
(7)
Return to work rate is calculated as "total number of employees who did return to work after parental leave divided by total number of employees due to return to work after taking parental leave and then multiplied by 100%".
(8)
Female representation in Strategic Leader Position (%) is calculated as "total number of female strategic leaders as of 31 Dec of the reporting year divided by total number of strategic leaders workforce as at 31 Dec of the reporting year".
(9)
Mean gender pay gap is calculated by subtracting the mean annualised female employees basic salary from the mean annualised male employees basic salary and then dividing it by the mean annualised male employees basic salary.
(10)
Lost time injury rate ("LTIR") (employee) represents the number of injuries per 100 employees per year. It is calculated as "total number of injuries multiplied by 200,000 and then divided by total hours worked". The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.
(11)
Rate of high-consequence injuries represents the number of high-consequence injuries per 100 employees per year. It is calculated as "total number of high-consequence injuries multiplied by 200,000 and then divided by total hours worked". The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.
(12)
Lost day rate ("LDR") (employee) represents the number of lost scheduled working days per 100 employees per year. It is calculated as "total days lost multiplied by 200,000 and then divided by total hours worked". The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.
(13)
Absentee rate is calculated as number of actual work days lost (include lost days due to work-related injuries and sick days) divided by number of scheduled work days in the reporting year. Excluded U.S.A. portfolio and EAST Miami employees as employee sick leave is not tracked in U.S.A.
(14)
An employee fatality is a loss of life of an employee as the result of a work-related incident.
(15)
Rate of fatalities represents the number of fatalities per 100 employees per year. It is calculated as "total number of fatalities multiplied by 200,000 and then divided by total hours worked". The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.
(16)
Calculated based on percentage of employees.
(17)
Lost time injury rate ("LTIR") (contractor) represents the number of injuries per 100 contractor workers per year. It is calculated as "total number of injuries multiplied by 200,000 and then divided by total hours worked". The factor 200,000 is the annual hours worked by 100 contractor workers, based on 40 hours per week for 50 weeks a year.
(18)
Accident rate (contractor) represents the number of reportable accidents per 1,000 contractor workers. It is calculated as "total number of reportable accidents multiplied by 1,000 and then divided by average daily number of contractor workers on- site".
(19)
A contractor fatality is defined as a loss of life of a contractor or subcontractor employee as the result of a work-related incident while performing work exclusively for the Company at the time of the incident, where the work or workplace is under the direct control of the Company.
(20)
Convicted cases of corruption is defined as the number concluded legal cases regarding corrupt practices brought against the Company or its employees recorded during the reporting year. According to the Company's Anti-fraud and Anti-corruption Policy, these practices may include bribery, extortion, fraud, and money laundering.
(21)
Breaches to the Corporate Code of Conduct are defined as the number of breaches of the Corporate Code of Conduct associated with employees employed by the Company confirmed during the reporting year.
(22)
Tier-1 suppliers are defined as those suppliers with whom Swire Properties' wholly owned or managed investment portfolio has a direct contractual relationship with. Within the Hotels business, Tier-1 suppliers include all suppliers contracted directly by our wholly owned hotels, joint-venture hotels, serviced apartments, restaurants, and selected managed hotels, Headland Hotel and EAST Miami.
(23)
Unique suppliers refer to distinct suppliers that provide goods or services to Swire Properties. Each supplier is counted once, regardless of the number of contracts or transactions Swire Properties has with them.
(24)
Suppliers are defined as unique and significant when fulfilling all the criteria: they had an active business relationship with the Company in 2025; recorded an annual spend of HKD 200,000 or above based on 2023 annual spend; are located in Hong Kong or the Chinese Mainland as defined by the EcoVadis Platform; and are classified as high-risk under the ESG risk screening in the EcoVadis IQ Plus assessment.
(25)
The number of unique significant suppliers in Tier-1 assessed represents those assessed through the EcoVadis Vitals questionnaire during the reporting year.
(26)
Included Hong Kong secondees working in Singapore, Indonesia and Vietnam.
(27)
Excluded EAST Miami employees.