|For Immediate Release||31st January 2019|
Swire Pacific Limited (HKEX: 00019) is pleased to announce that it has been listed as a constituent stock in the FTSE4Good Index Series (FTSE4Good) for the first time.
Launched in 2001, the FTSE4Good is a world-leading series of benchmark and tradable indices, designed to identify companies that perform exceptionally well in sustainable development. Created by the global index provider FTSE Russell and derived from the globally recognised FTSE Global Equity Index Series, the FTSE4Good measures the performance of companies that demonstrate strong environmental, social and governance (ESG) practices.
In order for companies to join the FTSE4Good, they must already be listed on the FTSE Developed Index Series and fulfil specific corporate social responsibility criteria. The FTSE Developed Index Series covers 23 markets and over 2,000 potential constituents. In addition to Swire Pacific's admittance to the FTSE4Good, the company's strong ESG practices have been recognised by its inclusion in, and improved ratings on, the following indices:
In 2018 Swire Pacific received a AAA rating, up from AA, from MSCI ESG Research, placing the company among the top 7% of performers within its sector ("Real Estate Development and Diversified Activities").
Hang Seng Corporate Sustainability Index
Since 2010, Swire Pacific has been included in the Hang Seng Corporate Sustainability Index and the Hang Seng (Mainland China and Hong Kong) Corporate Sustainability Index. In 2018, the company was awarded an improved rating of AA (up from -AA).
Dow Jones Sustainability Index (DJSI)
In 2018, Swire Pacific was again included in the DJSI Asia Pacific Index, and has been a constituent since 2001.
"Recognition from these leading global and regional sustainability indices is very encouraging," said Mark Watson, Head of Sustainable Development, Swire Pacific. "Sustainable development is a strategic imperative for our businesses and is an integral part of our overall approach to building long-term value for our shareholders. Such recognition provides motivation for us to continue to improve our sustainable development efforts."
To find out more about Swire Pacific's efforts in corporate sustainability, please visit the company's Sustainable Development Reports site:
About Swire Pacific Limited
Swire Pacific Limited (HKEX: 00019/00087) is a publicly quoted company in Hong Kong, with diversified interests in five operating divisions: Property, Aviation, Beverages, Marine Services and Trading & Industrial. The company's operations are predominantly based in the Greater China region, where Swire has been established for over 150 years. It is also the major shareholder in two Hong Kong listed companies: Swire Properties and Cathay Pacific Airways.
Visit Swire Pacifics website at www.swirepacific.com