Swire Pacific Sustainability Profile
Swire Pacific Limited, a prominent player in the diversified conglomerate sector, is headquartered in Great Britain. Established in 1816, the company has evolved significantly, with major operations spanning Asia, particularly in Hong Kong and mainland China. Swire Pacific operates across various industries, including property development, aviation, and beverages, showcasing its versatility and market adaptability. The company is renowned for its unique approach to sustainable development and innovation, particularly in its property and infrastructure projects. Swire Pacific's core services include premium real estate management and high-quality beverage production, setting it apart in a competitive landscape. With a strong market position, the company has achieved notable milestones, including significant contributions to urban development and environmental sustainability initiatives, solidifying its reputation as a leader in its field.
DitchCarbon Score
How does Swire Pacific'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 Business 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 Pacific's score of 67 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Swire Pacific's reported carbon emissions
In 2024, Swire Pacific reported total carbon emissions of approximately 12,674,000,000 kg CO2e, with emissions distributed across various scopes: 79,000,000 kg CO2e (Scope 1), 394,000,000 kg CO2e (Scope 2, market-based), and 12,674,000,000 kg CO2e (Scope 3). The company has set ambitious targets to reduce its carbon footprint, aiming for a 50% reduction in Scope 1 and 2 emissions by 2030, using a 2018 baseline. Additionally, Swire Pacific's subsidiary, Cathay Pacific, plans to decrease its emission intensity by 12% per revenue tonne kilometre by 2030 from a 2019 baseline. In 2023, Swire Pacific's emissions were reported at approximately 10,468,000,000 kg CO2e, with Scope 1 emissions at 110,000,000 kg CO2e and Scope 2 emissions at 487,000,000 kg CO2e (market-based). The company has consistently disclosed emissions data across all scopes, demonstrating transparency in its climate commitments. Swire Pacific's initiatives include a target to reduce carbon intensity from downstream leased assets by 28% per square metre by 2030, and a 25% reduction in embodied carbon intensity from new development projects by the same year, both compared to a 2018 baseline. The emissions data is cascaded from its parent company, Swire Pacific Limited, ensuring alignment with broader corporate sustainability goals.
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| 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 17,740,000,000 | 00,000,000 | - | - | - | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 593,000,000 | 000,000,000 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Swire Pacific's Industry?
How Carbon Intensive is Swire Pacific's Location?
Swire Pacific's Scope 3 Categories Breakdown
Swire Pacific's Scope 3 emissions, which increased by 21% last year and increased by approximately 72% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 50% of Scope 3 emissions.
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Swire Pacific's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Swire Pacific has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
