As of 2025, Swire Properties has disclosed 11 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 7 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Swire Properties's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -25%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -46%a | 2030 |
Absolute-based Target | Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) | -35%a | 2034 |
Absolute-based Target* | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2050 |
Intensity-based Target | Scope 3 - Capital Goods (Cat. 2) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -25%a, b | 2030 |
Intensity-based Target | Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -28%a | 2030 |
Intensity-based Target | Scope 3 - Capital Goods (Cat. 2) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -69%a | 2034 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -76%a | 2034 |
Intensity-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -64%a | 2034 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -99%a | 2050 |
Intensity-based Target | Scope 3 - Capital Goods (Cat. 2) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -98%a | 2050 |
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As of 2025, Swire Properties has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab
As of 2025, Swire Properties has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Swire Properties's most ambitious operational target is to reduce these emissions by 46% by 2030, compared to a baseline of 230,265 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
Swire Properties has already surpassed its operational emissions reduction target, with 2025 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a
As of 2025, Swire Properties has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.ab
Swire Properties's most ambitious value chain target is to reduce these emissions by 28% by 2030, compared to a baseline of 0.135 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2018.ab
Swire Properties has already surpassed its value chain emissions reduction target, with 2025 levels falling below the 2030 value, achieving its climate goal ahead of schedule.ab