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 50 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Swire Properties's reported carbon emissions
In 2023, Swire Properties, headquartered in Hong Kong, reported total carbon emissions of approximately 152,781,000 kg CO2e for Scope 2 and 10,369,000 kg CO2e for Scope 1. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 25% by 2025 and by 46% by 2030, using 2019 as the base year. Additionally, Swire Properties is targeting a 28% reduction in Scope 3 emissions from downstream leased assets per square metre by 2030, based on 2018 figures, and a 25% reduction in Scope 3 emissions from capital goods per square metre by 2030, using a 2016-2018 baseline. The company has disclosed emissions across all three scopes, with significant contributions from Scope 3, which includes emissions from business travel, employee commuting, and purchased goods and services. In 2019, for instance, Scope 3 emissions totalled approximately 336,000,000 kg CO2e, highlighting the importance of addressing these areas in their sustainability strategy. Swire Properties is committed to aligning its targets with the Science Based Targets initiative (SBTi), ensuring that its reduction goals are consistent with the global aim to limit temperature rise to 1.5°C. The company’s proactive approach to carbon management reflects its dedication to sustainability within the real estate sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 6,220,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 44,388,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 354,367,000 | 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 committed to some reduction initiatives 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.
