Swire Pacific

Swire Pacific, a company operating within the "Other business services (74)" industry and headquartered in Great Britain, has published comprehensive emissions data and ambitious climate commitments.

Recent Emissions Data:

• 2025: Swire Pacific reported a total of approximately 13.5 billion kg CO2e. This breakdown includes Scope 1 emissions of about 74 million kg CO2e, Scope 2 emissions (market-based) of approximately 350 million kg CO2e, and substantial Scope 3 emissions totalling around 13.2 billion kg CO2e. Notably, Scope 3 emissions are further detailed with categories such as purchased goods and services (approximately 3.6 billion kg CO2e), downstream leased assets (approximately 1.1 billion kg CO2e), and use of sold products (approximately 738 million kg CO2e).
• 2024: Total emissions for 2024 were approximately 13.2 billion kg CO2e. Scope 1 emissions were about 74 million kg CO2e, and Scope 2 emissions (market-based) were around 394 million kg CO2e. Scope 3 emissions accounted for approximately 12.7 billion kg CO2e.
• 2023: Scope 2 emissions were reported as approximately 487 million kg CO2e (market-based).
• 2022: Scope 2 emissions were approximately 220 million kg CO2e.
• 2021: Scope 2 emissions were approximately 250 million kg CO2e.
• 2020: Scope 2 market-based emissions were approximately 534 million kg CO2e, with Scope 1 and 2 market-based emissions totalling around 763 million kg CO2e.
• 2019: Total reported emissions were approximately 19.3 billion kg CO2e, with Scope 2 emissions at about 657.7 million kg CO2e.
• 2016: Scope 1 emissions were approximately 17.9 billion kg CO2e, and Scope 2 emissions were about 618 million kg CO2e, resulting in combined Scope 1 and 2 emissions of approximately 18.6 billion kg CO2e.
• 2015: Scope 1 emissions were approximately 17.7 billion kg CO2e, and Scope 2 emissions were about 593 million kg CO2e, with combined Scope 1 and 2 emissions totalling approximately 18.3 billion kg CO2e.

Climate Commitments and Reduction Targets:

Swire Pacific has set significant targets to decarbonise its operations:

• Net-Zero Ambition: The company aims to reach net-zero GHG emissions by 2050.
• Scope 1 and 2 Reduction: Swire Pacific has committed to reducing its Scope 1 and 2 GHG emissions by 50% by 2030, using a 2018 baseline. In 2025, the company reported a 10% decrease in Scope 1 and 2 emissions from 2024, reaching 423 thousand tonnes of CO2e. By 2024, businesses covered by the 2030 target had achieved a 46% reduction in Scope 1 and 2 emissions against the 2018 baseline.
• Cathay Pacific Targets: Cathay Pacific is working to reduce its emission intensity by 12% per revenue tonne kilometre by 2030 (from a 2019 baseline).
• Downstream Leased Assets: A target is in place to reduce the carbon intensity from downstream leased assets by 28% per square metre by 2030, compared to a 2018 baseline.
• Upstream Embodied Carbon: Swire Pacific aims to reduce the embodied carbon intensity from new development projects by 25% per square metre by 2030, referencing a 2018 baseline.

Swire Pacific's emissions data is cascaded from its parent organisation, Swire Pacific Limited, at level 2 of the corporate family relationship.