Swire Properties
Swire Properties Limited, a prominent player in the real estate industry, is headquartered in Hong Kong (HK) and has established a significant presence in mainland China and the United Kingdom. Founded in 1972, the company has achieved notable milestones, including the development of iconic mixed-use projects that blend residential, commercial, and retail spaces. Specialising in premium property development and investment, Swire Properties is recognised for its commitment to sustainability and innovative design. Its core offerings include luxury residential developments, high-end office spaces, and vibrant retail environments, all distinguished by their architectural excellence and strategic locations. With a strong market position, Swire Properties has garnered numerous awards for its projects, reflecting its dedication to quality and community enhancement. The company continues to shape urban landscapes, making it a leader in the competitive real estate sector.
DitchCarbon Score
How does Swire Properties's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Swire Properties's score of 71 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Swire Properties's reported carbon emissions
In 2024, Swire Properties, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 163,150,000 kg CO2e for Scope 1 and 112,364,000 kg CO2e for Scope 2. The company also disclosed significant Scope 3 emissions, including 106,501,000 kg CO2e from downstream leased assets and 93,930,000 kg CO2e from purchased goods and services. In 2023, Swire Properties achieved a notable reduction of 29% in absolute Scope 1 and 2 emissions compared to a 2019 baseline, with total emissions of about 10,369,000 kg CO2e for Scope 1 and 152,781,000 kg CO2e for Scope 2. The company has set ambitious targets to further reduce its emissions, committing to a 25% reduction in absolute Scope 1 and 2 GHG emissions by 2025, relative to the 2019 baseline. Additionally, they aim to reduce Scope 3 emissions from capital goods by 25% per square metre by 2030, based on a 2016-2018 baseline. Swire Properties is also committed to achieving net-zero emissions by 2050, with science-based targets aligned with a 1.5°C pathway. This commitment includes a 46% reduction in absolute Scope 1 and 2 emissions by 2030 from the 2019 baseline. The company has made significant strides in its sustainability initiatives, including a 40% reduction in carbon intensity from tenant-controlled portions of downstream leased assets by 2030. The emissions data and targets are cascaded from Swire Properties Limited, which is a current subsidiary of Swire Pacific Limited, reflecting the company's commitment to sustainability and climate action within the real estate sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 00,000,000 | 000,000,000 |
| Scope 2 | - | - | - | - | 000,000,000 | 000,000,000 |
| Scope 3 | 354,367,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Swire Properties is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
