Suppliers
Suppliers
We work closely with a wide range of suppliers, including architects, designers, consultants, service providers, contractors and vendors. These engagements impact the implementation of our SD 2030 Strategy in multiple dimensions, including occupational health and safety, waste, long-term decarbonisation and building/asset investments.
Supply Chain Profile
GRI 2-6
HKEX KPI B5.1
HKEX KPI B5.1
Number of Suppliers, by geographical region, by category
(As at 31 December 2024)
~2,900
Hong Kong
~3,500
Chinese Mainland
~200
Southeast Asia Region
~600
U.S.A.
Our suppliers primarily fall into the following categories: construction, engineering services, utilities, builder works, property management, operational services ( e.g. information technology, human resources, administration, and marketing), and food supplies.
Supplier Code of Conduct
GRI 308, 414
HKEX Aspect B4, B5, KPI B4.1, B4.2, B5.2
HKEX Aspect B4, B5, KPI B4.1, B4.2, B5.2
Swire Properties’ Supplier Code of Conduct (“SCoC”) sets out the minimum standards and practices for our suppliers relating to legal and regulatory compliance, environmental protection, health and safety, labour practices, and other areas. This policy extends to subcontractors working on projects for Swire Properties.
We encourage our suppliers to have their own supplier codes of conduct in place, and we require that all suppliers adopt and implement policies and procedures that prevent bribery, corruption and fraud in their own operations. Suppliers whose goods and services demonstrate strong ESG performance and can contribute to reducing climate and environmental impacts are preferred in the supplier selection process and favoured in contract awarding. Suppliers that fail to comply fully with our SCoC risk termination of their contracts and removal from our approved contractors list.
The relevant SDG is:
SDG 12
Ensuring sustainable consumption and production patterns.
Supplier Monitoring and Engagement
Supplier Monitoring and Engagement
We aim to build long-term, mutually beneficial relationships with our business partners. We believe that better sustainability performance enhances the overall resilience of our value chain, while helping our supply chain partners mitigate ESG-related risks, operate with greater resource efficiency, enhance their reputation, and capture new business opportunities.
Swire Properties seeks to empower our suppliers to understand, track and improve their sustainability performance. We also work to identify new collaboration opportunities with our partners to innovate sustainability practices. We do this through a multi-part process.
Sustainable Procurement
Sustainable Procurement
Our green procurement process includes sustainability-related products, services, and health and safety expenditures. In 2024, we became one of the first three developers to endorse a landmark collaboration statement to accelerate low-carbon emissions steel manufacturing in the Chinese Mainland.
Supplier Health and Safety and Smart Construction
Supplier Health and Safety and Smart Construction
Our Zero Harm Commitment includes co-creating a culture of health and safety best practices with all our partners. This year, we continued using various safety-oriented smart technologies at construction sites in Hong Kong and the Chinese Mainland.
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