Suppliers
Suppliers
We work closely with a wide range of suppliers, including architects, designers, consultants, service providers, contractors and vendors. These engagements impact the implementation of our SD 2030 Strategy in several dimensions, including occupational health and safety, waste, long-term decarbonisation and building/asset investments.
Supply Chain Profile
GRI 2-6
HKEX KPI B5.1
HKEX KPI B5.1
Number of Suppliers, by geographical region, by category
(As at 31 December 2024)
~3,000
Hong Kong
~2,500
Chinese Mainland
~600
U.S.A
~200
Southeast Asia Region
Our suppliers fall mainly into the following categories: construction, engineering services, utilities, cleaning, operational services (e.g. information technology, human resources, administration, and marketing), and food supplies.
Supplier Code of Conduct
GRI 308, 414
HKEX Aspect B4, B5, KPI B4.1, B4.2, B5.2
HKEX Aspect B4, B5, KPI B4.1, B4.2, B5.2
Swire Properties’ Supplier Code of Conduct sets out the minimum standards and practices for our suppliers relating to legal and regulatory compliance, environmental protection, health and safety, labour practices and other areas. This policy extends to subcontractors working on projects for Swire Properties.
We encourage our suppliers to have their own supplier codes of conduct in place, and we require that all suppliers adopt and implement policies and procedures that prevent bribery, corruption and fraud in their own operations. Swire Properties has a strong preference for suppliers whose goods and services can contribute to reducing our own climate and environmental impacts. Suppliers that fail to comply fully with our SCoC risk termination of their contracts and removal from our approved contractors list.
The relevant SDG is:
SDG 12
Ensuring sustainable consumption and production patterns.
Supplier Monitoring and Engagement
Supplier Monitoring and Engagement
We believe that improved sustainability performance strengthens the resilience of our value chain and helps our supply chain partners mitigate ESG-related risks. The pilot supplier ESG assessment has offered valuable insights to refining our Business Partner Sustainability Programme in 2024.
Sustainable Procurement
Sustainable Procurement
Our green procurement process includes sustainability-related products, services, and health and safety expenditures. In 2024, we became one of the first three developers to endorse a landmark collaboration statement to accelerate low-carbon emissions steel manufacturing in the Chinese Mainland.
Supplier Health and Safety and Smart Construction
Supplier Health and Safety and Smart Construction
Our Zero Harm Commitment includes co-creating a culture of health and safety best practices with all our partners. This year, we continued using various safety-oriented smart technologies at construction sites in Hong Kong and the Chinese Mainland.
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