Swire Properties Ltd
Swire Properties's GHG Emissions Data Preview
In 2023, Swire Properties completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Swire Properties has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Swire Properties's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Swire Properties amounted to 386,284 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Swire Properties increased by 97.27%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Swire Properties's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Swire Properties's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Swire Properties were 20,738 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Swire Properties reduced its Scope 1 emissions over time?
Since 2018, Swire Properties's Scope 1 emissions have increased by 101.95%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Swire Properties's Scope 1 emissions increased by 110.41%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Swire Properties's Scope 2 emissions?
In 2023, Swire Properties reported Scope 2 greenhouse gas (GHG) emissions of 305,562 tCOâ‚‚e using the market-based method, and 365,546 tCOâ‚‚e using the location-based method.
Has Swire Properties reduced its Scope 2 emissions over time?
Since 2018, Swire Properties's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 78.42%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Swire Properties's Scope 2 emissions (Location-Based) rose by 96.57% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Swire Properties use for Scope 2 reporting?
In 2023, Swire Properties reported its Scope 2 emissions using the market-based method and using the location-based method.
Swire Properties's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Swire Properties's Value Chain Emissions
In 2023, Swire Properties reported 257,874 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Swire Properties includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, down from 10 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.
Swire Properties's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Swire Properties's Scope 3 emissions?
In 2023, Swire Properties reported total Scope 3 emissions of 257,874 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 48.15% of these emissions originated from upstream activities such as purchased goods and capital goods, while 51.85% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Swire Properties reduced its Scope 3 emissions over time?
Since 2018, Swire Properties's Scope 3 emissions have decreased by 45.48%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Swire Properties's Scope 3 emissions decreased by 39.41%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Swire Properties disclose?
In 2023, Swire Properties reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Swire Properties's Scope 3 emissions?
In 2023, the largest contributors to Swire Properties's Scope 3 emissions were:
- Downstream Leased Assets (Cat. 13): 133,695 tCOâ‚‚e (51.85%)
- Purchased Goods and Services (Cat. 1): 69,605 tCOâ‚‚e (26.99%)
- Waste Generated in Operations (Cat. 5): 21,991 tCOâ‚‚e (8.53%)
Swire Properties's Scope 3 Emissions by Categories
Insights into Swire Properties's Total Carbon Footprint
In 2023, Swire Properties reported a total carbon footprint of 644,158 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.66% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Swire Properties's total carbon footprint was Scope 2 emissions, accounting for 56.75% of the company's total carbon footprint, followed by Scope 3 emissions at 40.03%.