2023-02-08

Swire Properties Continues to Maintain Leading Positions in Global and Local Sustainability Indices



 
Swire Properties is on track to realise its Sustainable Development (“SD”) 2030 vision to become the leading SD performer in the real estate industry globally. The Company’s ongoing and pioneering sustainability efforts have once again been recognised at both the international and local level by the world’s leading indices. 
 
 

Dow Jones Sustainability World Index (DJSI World) – No. 4 Globally, No. 1 in Asia
 
The Company ranked fourth out of 500+ real estate companies around the world and number one in Asia, reinforcing its position as one of the global leaders in SD. 

Regarding the “Environmental Dimension” score in the index, the Company rose to second globally, demonstrating its exemplary performance in environmental governance, climate strategy, energy and water management, resources and circularity, as well as green building investment.
 
 

Global Real Estate Sustainability Benchmark (“GRESB”) – Global Sector Leader
 
Swire Properties was named Global Sector Leader (sixth consecutive year) and maintained its Global Development Sector Leader title (third year in a row) in the Mixed Use Developments category. The Company achieved the highest “A” rating in Public Disclosure for the sixth consecutive year. The Company continued to be recognised by GRESB for the exemplary sustainability performance of its buildings in the areas of carbon, energy, water, waste and green building certifications, as well as management practices including established policies, target-setting and reporting.
 
 

Hang Seng Corporate Sustainability Index – Top Company, “AAA” rating
 
Swire Properties once again topped the Index, maintaining the highest rating of “AAA”. The Company also achieved the highest scores among all assessed stocks in three core assessment areas out of seven including “Community Involvement and Development”, “Labour Practices”, and “Fair Operating Practices”, among 500+ assessed Hong Kong-listed companies. The Company was again listed in the Hang Seng Environmental, Social and Governance (ESG) 50 Index for the third consecutive year, showcasing it as one of the top 50 ESG leaders in Hong Kong.

In December 2020, Swire Properties signed the Business Ambition for 1.5°C, the first real estate company in Hong Kong and the Chinese Mainland to pledge support to the commitment. To achieve the ambitious vision, Swire Properties has ramped up its science-based targets to the more stringent 1.5°C pathway, which were approved by Science Based Targets initiative (“SBTi”) in September 2021. The 1.5°C-aligned SBT will ensure achievement of its near-term deep decarbonisation targets that align with the Paris Agreement goals and sets the Company to advance to net-zero emissions by 2050.