Swire Properties Tops Both “Global Real Estate Sustainability Benchmark” (GRESB) And “Hang Seng Corporate Sustainability Index” Again

Swire Properties has reinforced its position as a leader in the sustainability field as the Company continues to maintain industry leadership positions in local and global sustainability indices and benchmarks.

• Global Real Estate Sustainability Benchmark (GRESB), under the Mixed Use Sector, Swire Properties was named “Global Sector Leader – Listed” for the eighth consecutive year. The Company also maintained its “Global Development Sector Leader” title for the fifth year in a row.
• Hang Seng Corporate Sustainability Index (HSSUS), the Company ranked No. 1 for the seventh consecutive year, achieving the highest overall score among over 550 assessed eligible stocks in Hong Kong. The Company has maintained the highest possible "AAA" rating – which was only awarded to three listed organisations this year.

Tim Blackburn, Chief Executive of Swire Properties, said, “We’re delighted that our sustainability efforts continue to be recognised at both the local and international level, with these achievements inspiring us to continue to integrate sustainability into every aspect of our business.

“As an industry leader, our goal is not only to strive for excellence in sustainability performance but also to engage and collaborate with our partners and tenants to achieve their ESG ambitions too. This has resulted in three popular, proprietary and industry-defining landlord-tenant programmes that span across our commercial portfolios in Hong Kong and the Chinese Mainland. These include the newly-launched Green Retail Partnership – with LVMH as our launch partner, the Green Performance Pledge for offices, and the Green Kitchen Initiative for F&B outlets.

“Looking to the future, we’re excited to be pioneering in the emerging topic of sustainability – nature and biodiversity. This year we have unveiled Taikoo Square, an expansive green open space in the heart of Taikoo Place in Hong Kong. This has become a key focus in our sustainability work, dedicated to enhancing urban biodiversity, connecting our communities with Nature and offering nature-based solutions to help in the fight against climate change."

2024 GLOBAL REAL ESTATE SUSTAINABILITY BENCHMARK
This year's GRESB saw record participation from over 2,200 listed and non-listed portfolios across 80 markets. At a regional level, there was a significant 15% increase in participation from Asia.

The Company’s top ranking is evidence of Swire Properties’ outstanding asset-level environmental performance – covering aspects such as carbon, energy, water, waste and green building certification, across its diverse portfolio in both the landlord and tenant portions.  

HANG SENG CORPORATE SUSTAINABILITY INDEX
Assessed by the core aspects of “Environment”, “Social” and “Governance”, the Company scored the highest across all HSSUS-assessed stocks in the “Social” aspect and obtained the top score in the “Environmental” aspect among all real estate industry constituents.

Swire Properties was also included in the Hang Seng ESG 50 Index for the fifth consecutive year since its launch. This index features the top 50 performing and listed ESG-leading companies, with relatively high market-capitalisation in Hong Kong.

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About Swire Properties
Swire Properties develops and manages commercial, retail, hotel, and residential properties, with a particular focus on mixed-use developments in prime locations at major mass transportation intersections. Swire Properties is listed on the Main Board of the Stock Exchange of Hong Kong and its investment portfolio in Hong Kong comprises Taikoo Place, Pacific Place, Cityplaza, Citygate. The Company’s completed portfolio in Hong Kong comprises approximately 1.54 million sqm (approximately 16.5 million sq ft) of space.

In the Chinese Mainland, Swire Properties has six completed mixed-use developments. They include Taikoo Li Sanlitun and INDIGO Phase One^{^} in Beijing, HKRI Taikoo Hui and Taikoo Li Qiantan in Shanghai, Taikoo Hui Guangzhou and Taikoo Li Chengdu. Taikoo Place Beijing^{^}, Taikoo Li Xi'an, Taikoo Li Sanya^*, New Bund Mixed-use Project and Lujiazui Taikoo Yuan in Shanghai and retail portion of Julong Wan project in Guangzhou are currently under development. The Company’s completed portfolio in the Chinese Mainland comprises approximately 1.3 million sqm (14 million sq ft) of space.

In addition to Hong Kong and the Chinese Mainland, the Company has a presence in the United States, Indonesia, Vietnam, Singapore and Thailand.

Visit Swire Properties’ website at www.swireproperties.com

^{^}Comprising INDIGO Phases One & Two, the project will be renamed “Taikoo Place Beijing” upon completion of the Phase Two extension.

^*Project name to be confirmed.