About This Report
GRI 2-1, 2-3, 2-6
This report is the 18th Sustainability Report of Swire Properties Limited (“Swire Properties” or “the Company”).
This report is the 18th Sustainability Report of Swire Properties Limited (“Swire Properties” or “the Company”). The report covers the period from 1 January 2025 to 31 December 2025 and focuses on Swire Properties’ businesses, joint ventures and subsidiaries in property investment, property trading and hotel investment and management, where the Company has operational control. The report includes details of our SD vision and progress on the implementation of our SD 2030 Strategy during the reporting period and was published online in April of 2026.
A link to this report, and sustainability reports from previous years, can be found in the Sustainable Development section of the Swire Properties corporate website.
This year marked a milestone in our SD 2030 Strategy: the delivery of our 2025 targets. This concluded a significant chapter in our sustainability journey. We also laid a strong foundation for the road ahead with our new SD 2050 Strategy (“SD 2050”), developed during the year via a comprehensive series of consultations and workshops. Taking effect in 2026, SD 2050 is a forward-looking strategy that sets more ambitious targets and key performance indicators that will guide our long-term sustainability journey, embedding sustainability deeper into our operations and driving transformative initiatives to deliver our long-term vision.
Materiality
The double materiality concept considers both financial and impact materiality to determine the priority areas that will impact our ability to achieve our SD vision, currently or in the future.
Reporting Boundary
Our approach to SD reporting reflects the scale of our operations, the complexity of our business and the significance of our economic, environmental and social impacts.
Materiality
The double materiality concept considers both financial and impact materiality to determine the priority areas that will impact our ability to achieve our SD vision, currently or in the future.
Reporting Boundary
Our approach to SD reporting reflects the scale of our operations, the complexity of our business and the significance of our economic, environmental and social impacts.
ESG Reporting Standards and Principles
GRI 2-2, 2-3, 2-6
HKEX Mandatory Disclosure Requirement
Part D Para 28, 29
HKEX Mandatory Disclosure Requirement
Part D Para 28, 29
This sustainability report has been prepared in accordance with the disclosure requirements set out in the Environmental, Social and Governance Reporting Code (“HKEX ESG Code”) contained in Appendix C2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Our disclosures were also prepared with reference to International Financial Reporting Standards S2 and Hong Kong Financial Reporting Standards S2 for Climate-related Disclosures to support investor-led disclosures and align with international requirements.
In addition, we have continued our long-standing practice of reporting in accordance with GRI Standards: Core option and with reference to the GRI G4 Construction and Real Estate Sector Disclosures that we have utilised in reporting our SD performance since 2007.
Furthering our commitments, our disclosures have also incorporated the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) since 2023, and we have integrated both climate and nature-related financial risks within our report.
To define the content of this report and to ensure the quality of the information presented therein, we have followed the HKEX ESG Code and IFRS Sustainability Disclosure Standards and made reference to the GRI’s Reporting Principles. These include:
Materiality
Conduct regular materiality assessments and stakeholder engagements to identify priority topics related to sustainability, and to ensure these issues are properly addressed by our SD 2030 Strategy. Please refer to the Materiality section for more information.
Quantitative
Include notes accompanying our Performance Data Summary to provide information about the standards and methodologies used to calculate data, where appropriate.
Balance
Report both the positive and negative impacts of our performance in a transparent manner to enable a reasoned and unbiased assessment of our overall performance.
Consistency
To facilitate comparability over time, we maintain consistency in the use of reporting standards and principles, the methods used to calculate data, structure of the report, and the explanations of methods and assumptions used to prepare information. We also provide explanations to facilitate information interpretation when changes occur.
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