SUSTAINABLE DEVELOPMENT (SD) 2030 STRATEGY: 2021 HIGHLIGHTS

Performance People Performance

Partners
(Economic) (Environment)
We aim to deliver sustainable economic performance We aim to create an environment where our employees
coupled with good corporate governance and high will be healthier, happier and more productive, to invest Our SD Vision: We aim to continue to develop long-term, mutually
beneficial relationships with our business partners and
We aim to continue to design, construct and manage high
quality developments that contribute positively to the
ethical standards. in our employees and to provide rewarding career paths
so as to develop a diverse and industry-leading team.
“To be the leading sustainable other key parties so as to improve our environmental,
social and economic performance.
communities in which we operate and the environment.

development performer in our

FINANCIAL PERFORMANCE TALENT MANAGEMENT SUPPLIERS CLIMATE CHANGE
industry globally by 2030.”
HKD9,541 million in underlying profit attributable to 2025 KPI 2021 Progress 2025 KPI 2021 Progress First real estate developer in Hong
shareholders A 25% increase in training ~164,000 training hours 25% of products and 12% of products and Kong and the Chinese Mainland to have
To achieve this vision, we have formulated our SD 2030 1.5°C-aligned science-based targets
hours/employee/year3 delivered services purchased 4 shall services purchased were
GREEN FINANCING (“SBTs”) approved in September 2021
26.4 training hours/ Strategy, which is built on five strategic pillars and be sustainable5 sustainable
100% of the net proceeds from all green bonds have employee/year ( 116%) embraces the spirit of Creative Transformation. It is 2025 KPI 2021 Progress
been allocated to green projects underpinned by our creative mindset of innovation HKD946 million Absolute GHG emissions (Scope 1 and Scope 2):
OCCUPATIONAL HEALTH AND SAFETY spent on sustainable
and experimentation, and promoted through 25%7 23%7
Named one of the top 10 organisations globally in Announced our new Zero Harm Commitment communication and engagement. procurement
the “Post-Issuance Reporting in the Green Bond Market supported by a Zero Harm framework and roadmap 2030 KPI
2021” study conducted by the Climate Bonds Initiative Value chain GHG emissions (Scope 3 - Downstream Leased
Assets):
2025 KPI 2021 Progress
2025 KPI 2021 Progress Maintain Lost Time Injury Rate (“LTIR”) TENANTS 28% per square metre8 34.6%
Achieve a minimum of ~30% of current bond Non-hotel operations: Non-hotel operations: Launched the Green Performance Pledge
50% of bond and loan Places
and loan facilities are <1.2 0.67 (“GPP”), a new performance-based agreement to
facilities1 from green from green financing ENERGY
Hotel operations: Hotel operations: Through effective placemaking and long-term placekeeping, deepen landlord-tenant partnerships to contribute to
financing Taikoo Hui in Guangzhou became powered by 100%
<2.0 1.55 we aim to continue to transform the places in which we invest a more sustainable world
renewable electricity
so as to create value, whilst retaining their character,
DISCLOSURE AND COMMUNICATIONS DIVERSITY & INCLUSION supporting communities and enhancing people’s lives. 2025 KPI 2021 Progress
2025 KPI 2021 Progress
Published our fourth set of climate-related financial Introduced new policies on respect in the workplace, 50% of tenants in our GPP launched with
Energy use intensity9
disclosures as per TCFD recommendations staff grievances, and parental leave office portfolios sign 6
14 pilot tenants, which  ong Kong Portfolio10
H Hong Kong Portfolio10
IMPACT REPORTING
the Green Performance covered nearly 10% of 20% 7%
SD information is disclosed in accordance with the 2025 KPI 2021 Progress Published our second Places Impact Report in Pledge to jointly our office tenants in Hong Chinese Mainland Chinese Mainland
requirements of major global sustainability benchmarks Maintain a gender balance 49% of senior conjunction with Tsinghua University. The report uses improve environmental Kong Portfolio10 Portfolio10
in senior management management positions our Places Impact Framework to explore Taikoo Li performance 13% 3%
and 50% of management Sanlitun in Beijing, assessing, measuring and reporting
positions are held by on the environmental, social and economic impacts of
women RESOURCE AND CIRCULARITY
this development
Recognised 51 F&B tenants in Hong Kong and the
R E A L E S T A T E
sector leader 2021 Maintain gender pay ratio Gender pay ratio 2025 KPI 2021 Progress
at 1:1 (female to male): 1:1.07 Chinese Mainland with Green Kitchen Awards Commercial waste diversion rate
WELLNESS
Ranked 7th globally and Global Sector Leader –
Hong Kong Portfolio10 Hong Kong Portfolio10
VOLUNTEERING
No. 1 in Asia, 5th consecutive year Opening of Taikoo Li Qiantan, the first shopping mall in 15 participating teams joined the Smart Waste 30% 23.6%
Member of the World Index – the world to achieve WELL Core Platinum certification.
Celebrated the 20th anniversary of our Community Reduction Pilot Programme and collectively achieved Chinese Mainland Chinese Mainland
5th consecutive year
Ambassador Programme and contributed This wellness-themed mall features an 86,000 sq ft a 41% waste diversion rate with the use of smart Portfolio10 Portfolio10 
2
>4,800 volunteer service hours, central park and a 450m-long rooftop running track to technologies 40% 41.6%
supporting 64 activities enhance the wellbeing of visitors

BUILDING/ASSET INVESTMENT
Ranked No. 1 for 4th “AAA” rating
consecutive year,
2025 KPI 2021 Progress
“AAA” rating 100% of wholly-owned11 100% of new
Find out more about new development projects development projects11
This document highlights our SD performance in 2021.
to achieve the highest achieved the highest
For the scope and more details, please refer to our environmental building ratings
Sustainable Development Report 2021. assessment scheme rating
86% of existing
@swireproperties.com developments11 achieved
the highest ratings

1 Arranged by the Hong Kong head office. 6 Measured by occupied lettable floor area (“LFA”) of office portfolios at 100% basis comprising of Taikoo Place and Pacific Place in Hong Kong and 10 Hong Kong portfolio and Chinese Mainland portfolio refer to our office and retail portfolios and hotels in Hong Kong and the
2 Disclaimer: www.swireproperties.com/sd/awards/mscidisclaimer.html Taikoo Hui in Guangzhou. Chinese Mainland respectively.
3 Compared to the baseline year of 2016. 7 Compared to the 2019 baseline. 11 Joint venture projects and trading properties are excluded.
4 For wholly-owned investment portfolios. 8 Compared to the 2018 baseline.
5 Products that meet specific sustainability criteria such as green certification or accreditation by reputable, independent third parties. 9 The 2025 KPIs under Energy Reduction have been updated per our approved 1.5°C-aligned SBTs (compared to the 2019 baseline).
Energy consumption refers to purchased electricity for the provision of shared services for and in the common parts of our buildings. © 2022 Swire Properties Limited