2017 Sustainability Report

About our report

Why reporting matters

Our sustainability reporting sets out our approach to sustainability, ethics and good governance. Our approach to sustainability reporting is integral to our commitment to have an open and honest dialogue with our stakeholders – we believe that this approach helps to create value for all our stakeholders, enabling us to thrive together.

This is our 11th annual sustainability report. It has been prepared as an interactive website and is available in English and Traditional Chinese. It has been prepared with reference to the Core level of the Global Reporting Initiative (GRI) Standards and the comply or explain provisions and recommended disclosures in the Environmental, Social and Governance (ESG) Reporting Guide (ESG Guide) of The Stock Exchange of Hong Kong Limited (HKEx).

This report relates to our sustainability performance during the year ending 31 December 2017. It covers SwireTHRIVE (our environmental sustainability strategy), progress towards our 2020 goals, and other material topics identified through our materiality assessments and relevant financial and operational performance. It describes Swire’s corporate governance relevant to sustainability and how we integrate sustainability into identifying and managing risks and opportunities. A GRI Standards and HKEx content index is available at the end of the report. This report follows our previous report, published in July 2017.

On our Annual Report

Our 2017 Annual Report deals with our financial and operational performance, and with our corporate governance.

We respond to enquiries from investors and provide information to the Carbon Disclosure Project (CDP), the Dow Jones Sustainability Index (DJSI) and MSCI, as organisations that assess the economic, environmental and social performance of companies. This helps us to identify specific issues that are most relevant to the industries in which we operate.

Dow Jones Sustainability Index (DJSI)

In 2017, Swire Pacific was included in the DJSI Asia Pacific Index. Swire Pacific has been included in DJSI indices since 2001.

Hang Seng Corporate Sustainability Index

Swire Pacific has been included in the Hang Seng Corporate Sustainability Index and the Hang Seng (Mainland China and Hong Kong) Corporate Sustainability Index since 2010.

Carbon Disclosure Project (CDP)

Swire Pacific supports the CDP as a respondent. Swire Pacific has responded to CDP since 2007. In 2017 we achieved a B rating.

MSCI Rating

In 2017, Swire Pacific received an AA rating from MSCI ESG Research, making us one of the top performers in our sector.

MSCI Constituent MSCI Global SRI Indexes

In 2017, Swire Pacific received an AA rating from MSCI ESG Research, making us one of the top performers in our sector.

On our data

We support transparency and provide information and data in this report and on our website. Only data that was provided before the end of March 2018 is included in this report. If data or incidents are reclassified or confirmed after preparation of this report, they will be updated in future reports.

On assurance

We have very clear standards and reporting requirements for our sustainability data. These standards are supported by internal audits and statistical checks.

PwC has provided limited assurance in relation to the selected sustainability data for 2017 listed below and identified with the symbol [R] in the relevant data table[s].

  • Total energy consumption
  • Total greenhouse gas emissions by weight
  • Total water used
  • Total employee fatalities
  • Total employee lost time injuries

The full assurance statement from PricewaterhouseCoopers can be found here:

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We value your feedback

We welcome the views of those who read this report. Please send your feedback and other sustainability related enquiries to sd@swirepacific.com

Swire Pacific Limited
33rd Floor, One Pacific Place,
88 Queensway, Hong Kong

The Sustainable Development Office

Dr. Mark Watson

Head of Sustainable Development

Mark Harper

Sustainable Development Manager

Lara Tyrrell

Group Sustainable Business Manager

Larissa Jarillo de Lima

Assistant Manager – Sustainable Development

Joey Lau

Assistant Manager – Sustainable Development

Amy Hung

Executive Assistant