Swire Properties Limited (SPL) develops and manages commercial, retail, hotel and residential properties; with a focus on mixed-use developments in prime locations at major transportation hubs.
SPL’s core Hong Kong holdings comprise Taikoo Place, Cityplaza and Pacific Place. The company also has investments in Mainland China, the United States and Singapore.
The company’s sustainable development work has been recognised at both regional and international levels. SPL is listed in: Dow Jones Sustainability World Index, FTSE4Good Index, Hang Seng Corporate Sustainability Index, MSCI World ESG Index and recognised by the Global Real Estate Sustainability Benchmark (GRESB) as the Global Sector Leader (Other). SPL is also ranked among the top 15% of real estate companies in the world, according to RobecoSAM’s The Sustainability Yearbook 2017.
SPL’s strategy on sustainable procurement comprises the following Policies/Guidelines:
As a member of the Hong Kong Green Purchasing Charter since 2013, SPL is committed to implementing a comprehensive green purchasing strategy and policy; and will regularly assess its efforts and issue updates on progress and achievements.
SPL has implemented on-going sustainable procurement for the company’s projects, and in the areas of portfolio management and hotel operations, for example:
SPL established a company-wide, green procurement monitoring system in 2015, which monitors the purchase of 12 types of green office products, building services equipment and building materials. The system analyses purchases against specific environmental criteria – such as whether the products have been certified or accredited as green by reputable, independent third parties. SPL uses the data collected by the monitoring system to assess its green procurement performance, and identify areas for improvement.
SPL uses the data collected by the monitoring system to assess its green procurement performance, and identify areas for improvement. In 2016, SPL purchased over HK$280 million in green products.