Swire Pacific
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 64 is higher than 81% 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 across all scopes. This includes 79,000,000 kg CO2e from Scope 1, 394,000,000 kg CO2e from market-based Scope 2 emissions, and a significant 12,674,000,000 kg CO2e from Scope 3 emissions. The Scope 1 and 2 emissions combined totalled about 474,000,000 kg CO2e on a market-based approach. In 2023, the company recorded total emissions of about 10,468,000,000 kg CO2e, with Scope 1 emissions at 110,000,000 kg CO2e and market-based Scope 2 emissions at 487,000,000 kg CO2e. The total for Scope 1 and 2 emissions was approximately 597,000,000 kg CO2e. Swire Pacific has set ambitious targets to halve its Scope 1 and 2 emissions by 2030, using a 2018 baseline. This commitment reflects a 50% reduction goal, demonstrating the company's proactive approach to climate action. Additionally, they aim to reduce the embodied carbon intensity from new development projects by 25% per square metre by 2030, also compared to a 2018 baseline. The company’s Scope 3 emissions, which encompass indirect emissions from the value chain, are substantial, indicating a need for comprehensive strategies to address these impacts. Notably, Cathay Pacific, a subsidiary of Swire Pacific, has set a target to reduce its emission intensity by 12% per revenue tonne kilometre by 2030 from a 2019 baseline. Swire Pacific's emissions data is cascaded from its parent company, Swire Pacific Limited, reflecting a corporate commitment to sustainability across its operations. The company is actively working towards these targets, aligning with industry standards and climate commitments.
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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 | 000,000,000 | 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 |
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 Pacific is not participating in any 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.
