Swire Properties Ltd

Common Name
Swire Properties
Country
Hong Kong
Sector
Real Estate
Industry
Real Estate Services
Employees
5,800
Ticker
1972
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Swire Properties Ltd. is a prominent real estate developer and investor, specializing in property development, investment, and management in Asia and the Pacific. The company is renowned for creating ...

Swire Properties's Climate Target Data Preview

As of 2024, Swire Properties has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 2 intensity-based target 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target
Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target
Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
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Verified Sources Behind Swire Properties’s Climate Targets Data

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a. Swire Properties's Sustainability Report 2024
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Insights into Swire Properties's Greenhouse Gas Emissions Pathways

As of 2024, 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. a

Does Swire Properties have a target to reduce the emissions from its operations?

As of 2024, 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

As of 2024, Swire Properties is ahead of schedule on its operational emissions reduction target, having achieved 86.5% of the planned reduction. a

Swire Properties's Operational (Scope 1+2) Emissions Pathway

2019202420252030060 k120 k180 k240 kBaselineCurrent (-40%)Target 2025 (-25%)

Does Swire Properties have a target to reduce the emissions from its value chain?

As of 2024, 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. a

Swire Properties's most ambitious value chain target is to reduce these emissions by 28% by 2030, compared to a baseline of 0.137 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2018. a

Swire Properties has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Swire Properties's Value Chain (Scope 3) Emissions Pathway

20182024203000.040.070.110.14BaselineCurrent (-54%)Target 2030 (-28%)
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