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 GHG Emissions Data Preview

In 2024, 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)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Swire Properties’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Swire Properties’s data sources below and access millions more through our Disclosure Search.

a. Swire Properties's Sustainability Report 2024
a. Swire Properties's Sustainability Report 2024
b. Swire Properties's Sustainable Development Report 2022
b. Swire Properties's Sustainable Development Report 2022

Insights into Swire Properties's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Swire Properties amounted to 186,615 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Swire Properties decreased by 3.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Swire Properties's Scope 1 Emissions Over Time

201820192020202120222023202406 k12 k18 k24 ktCO2e+19%-1%+93%-58%+5%-13%
  • Total Scope 1
  • Year-over-Year Change

What are Swire Properties's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Swire Properties were 9,039 metric tons of CO₂ equivalent (tCO₂e). a

Has Swire Properties reduced its Scope 1 emissions over time?

Since 2018, Swire Properties's Scope 1 emissions have decreased by 11.98%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Swire Properties's Scope 1 emissions decreased by 12.83%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Swire Properties's Scope 2 emissions?

In 2024, Swire Properties reported Scope 2 greenhouse gas (GHG) emissions of 129,596 tCO₂e using the market-based method and 177,576 tCO₂e using the location-based method. a

Has Swire Properties reduced its Scope 2 emissions over time?

Since 2018, Swire Properties's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 13.33%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Swire Properties's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Swire Properties 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Swire Properties use for Scope 2 reporting?

In 2024, Swire Properties reported its Scope 2 emissions using the market-based method and using the location-based method. a

Swire Properties's Scope 2 Emissions Over Time

20182019202020212022202320240100 k200 k300 k400 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Swire Properties's Value Chain Emissions

In 2024, Swire Properties reported 280,828 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Swire Properties includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Swire Properties's Scope 3 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e-25%-18%+13%+29%-39%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Swire Properties's Scope 3 emissions?

In 2024, Swire Properties reported total Scope 3 emissions of 280,828 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 62.08% of these emissions originated from upstream activities such as purchased goods and capital goods, while 37.92% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Swire Properties reduced its Scope 3 emissions over time?

Since 2018, Swire Properties's Scope 3 emissions have decreased by 40.62%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Swire Properties's Scope 3 emissions remained relatively stable, indicating that Swire Properties 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Swire Properties disclose?

In 2024, Swire Properties reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to Swire Properties's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 106,501 tCO₂e (37.92%)
  • Purchased Goods and Services (Cat. 1): 93,930 tCO₂e (33.45%)
  • Waste Generated in Operations (Cat. 5): 29,800 tCO₂e (10.61%)

Swire Properties's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(10.6%)Downstream LeasedAssets (Cat. 13)(37.9%)Purchased Goods andServices (Cat. 1)(33.4%)

Insights into Swire Properties’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Swire Properties reported Scope 1 greenhouse gas (GHG) emissions of 9,039 tCO₂e and total revenues of USD 1,858 millions. This translates into an emissions intensity of 4.87 tCO₂e per millions USD. a

Swire Properties's Scope 1 Emissions Intensity Compared to Peers

5501,00020,000200,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)PCCKerry PropertiesYear: 2024Scope 1: 5,094 tCO2eRevenue: $M 2,511Scope 1 Intensity: 2.03 tCO2e/$MHenderson Land DevelopmentYear: 2024Scope 1: 13,137 tCO2eRevenue: $M 3,252Scope 1 Intensity: 4.04 tCO2e/$MHysan DevelopmentYear: 2023Scope 1: 1,754 tCO2eRevenue: $M 411Scope 1 Intensity: 4.27 tCO2e/$MWharf HoldingsYear: 2024Scope 1: 16,961 tCO2eRevenue: $M 1,560Scope 1 Intensity: 10.87 tCO2e/$MPPPoly Property GroupYear: 2023Scope 1: 8,576 tCO2eRevenue: $M 6,288Scope 1 Intensity: 1.36 tCO2e/$MChina OverseasYear: 2024Scope 1: 8,162 tCO2eRevenue: $M 27,621Scope 1 Intensity: 0.30 tCO2e/$MHang Lung PropertiesYear: 2024Scope 1: 4,292 tCO2eRevenue: $M 1,448Scope 1 Intensity: 2.97 tCO2e/$MHang Lung GroupYear: 2023Scope 1: 4,034 tCO2eRevenue: $M 1,393Scope 1 Intensity: 2.90 tCO2e/$MCCChina Jinmao Holdings GroupYear: 2024Scope 1: 37,799 tCO2eRevenue: $M 8,850Scope 1 Intensity: 4.27 tCO2e/$MShimao Group HoldingsYear: 2024Scope 1: 853 tCO2eRevenue: $M 8,986Scope 1 Intensity: 0.09 tCO2e/$MCOPLYear: 2023Scope 1: 34,559 tCO2eRevenue: $M 2,005Scope 1 Intensity: 17.24 tCO2e/$MRoad King InfrastructureYear: 2023Scope 1: 522 tCO2eRevenue: $M 1,675Scope 1 Intensity: 0.31 tCO2e/$MSun Hung Kai PropertiesYear: 2024Scope 1: 43,835 tCO2eRevenue: $M 9,158Scope 1 Intensity: 4.79 tCO2e/$MNew World DevelopmentYear: 2024Scope 1: 9,701 tCO2eRevenue: $M 4,583Scope 1 Intensity: 2.12 tCO2e/$MSino Land CoYear: 2024Scope 1: 3,865 tCO2eRevenue: $M 1,123Scope 1 Intensity: 3.44 tCO2e/$MLink REITYear: 2025Scope 1: 7,594 tCO2eRevenue: $M 1,828Scope 1 Intensity: 4.15 tCO2e/$MChina Overseas Grand Oceans GroupYear: 2023Scope 1: 1,680 tCO2eRevenue: $M 8,682Scope 1 Intensity: 0.19 tCO2e/$MWharf Real Estate InvestmentYear: 2024Scope 1: 8,888 tCO2eRevenue: $M 1,663Scope 1 Intensity: 5.35 tCO2e/$MShenzhen InvestmentYear: 2024Scope 1: 6,712 tCO2eRevenue: $M 2,005Scope 1 Intensity: 3.35 tCO2e/$MCCChina Resources Land LtdYear: 2024Scope 1: 34,913 tCO2eRevenue: $M 41,588Scope 1 Intensity: 0.84 tCO2e/$MCK Asset HoldingsYear: 2024Scope 1: 98,333 tCO2eRevenue: $M 5,862Scope 1 Intensity: 16.77 tCO2e/$MC&D International GroupYear: 2024Scope 1: 7 tCO2eRevenue: $M 22,433Scope 1 Intensity: 0.00 tCO2e/$MYuexiu PropertyYear: 2024Scope 1: 6,329 tCO2eRevenue: $M 12,895Scope 1 Intensity: 0.49 tCO2e/$MHopson Development HoldingsYear: 2024Scope 1: 2,981 tCO2eRevenue: $M 4,872Scope 1 Intensity: 0.61 tCO2e/$MSwire PropertiesYear: 2024Scope 1: 9,039 tCO2eRevenue: $M 1,858Scope 1 Intensity: 4.87 tCO2e/$M

How does Swire Properties's GHG emissions intensity compare to its peers?

In 2024, Swire Properties reported a Scope 1 emissions intensity of 4.87 tCO₂e per millions USD. Compared to the peer group median of 2.93 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Swire Properties rank on GHG emissions intensity within its industry?

In 2024, Swire Properties ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Swire Properties among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Swire Properties's Total Carbon Footprint

In 2024, Swire Properties reported a total carbon footprint of 467,443 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.75% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Swire Properties's total carbon footprint was Scope 3 emissions, accounting for 60.08% of the company's total carbon footprint, followed by Scope 2 emissions at 37.99%. a

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