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Sustainable Development Report 2008

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appendix 1 Swire Pacific Sustainable Development Policy

we adopt this policy because


  • Long-term value creation for our shareholders depends on the sustainable development* of our businesses and the communities in which we operate.
  • We wish to excel as corporate citizens.

our policy


  • Industry leadership
    We will work with others to promote sustainable development in the industries in which we operate.
  • In our operations
    We will meet or exceed all legal requirements and:
    • Be a good steward of the natural resources and biodiversity under our influence and ensure that all potential adverse impacts of our operations on the environment are identified and appropriately managed.
    • Operate as far as is reasonably practicable in a manner which safeguards the health and safety of all our stakeholders.
    • Strive to be an employer of choice by providing an environment in which all employees are treated fairly and with respect and can realise their full potential.
    • Favour suppliers and contractors who promote sustainable development and encourage the responsible use of our products and services by our customers and consumers.
    • Promote good relationships with the communities of which we are a part and enhance their capabilities while respecting people's culture and heritage.

making it happen


  • All companies in which Swire Pacific has a controlling interest will have action plans for applying this policy in a way which is relevant to their businesses.
    We will encourage other companies in which we have an interest as a shareholder or through our supply chain to implement similar policies.
  • We will encourage and empower our staff to be proactive on sustainable development matters both at work and in the community.
  • We will monitor our performance and report regularly.
  • We will review this policy periodically, having regard in particular to stakeholder dialogues.

*   Sustainable Development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. - 'Our Common Future', 1987 - World Commission on Environment and Development.