2019 Sustainability Report



Available tonne kilometres or ATK

Overall capacity, measured in tonnes available, for the carriage of airline passengers, excess baggage, cargo and mail on each flight sector multiplied by the sector distance.


Building Environmental Assessment Method or BEAM

A method of assessing building sustainability performance in Hong Kong.


Carbon dioxide equivalent or CO2e

An equivalent measure of the global warming potential of the emissions of six greenhouse gases specified by the Kyoto protocol: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs) and sulphur hexafluoride (SF6).

Carbon neutral

The balancing of every unit of anthropogenic CO2 emitted with an equivalent amount of CO2 removed, for example via carbon sequestration.

Carbon offsets

Reduction, removal, or avoidance of GHG emissions from a specific project that compensates for GHG emissions occurring elsewhere.

Carbon Offsetting and Reduction Scheme for International Aviation or CORSIA

A scheme adopted by ICAO which aims to stabilise emissions from international civil aviation at 2020 levels.

Certified sustainable seafood

Seafood that comes from well managed and sustainable fisheries and is certified by the Marine Stewardship Council or other certification bodies.

Circular economy

An economic system in which resources are kept in use for as long as possible and recovered and reused at the end of each service life.

Clean in Place or CIP

The cleaning and sanitation of production equipment without disassembly, used when changing beverage production lines from filling one type of beverage to another.

The potential negative impact of climate change on an organisation.

See also Physical risks, Transitional risks

Cold drink equipment or CDE

Includes vending machines, coolers and fountains.


Coronavirus disease caused by severe acute respiratory syndrome coronavirus 2.

Cubic metres or cbm

A metric unit of volume or capacity equal to 1,000 litres or 1.0 metric tonne of water.



Diversity and inclusion

Drink Without Waste or #DWW

A coalition principally of beverages producers and bottlers, waste management enterprises and NGOs, who want to reduce waste generated from beverage consumption in Hong Kong.


Ellen MacArthur Foundation’s New Plastics Economy Group

A group which aims to reduce the environmental footprint of plastics through better packaging and more recycling.

Employee category

Classification of employees into categories based on experience, seniority and responsibility.

See also Individual Contributor, Team Leader, Operational Leader, Strategic Leader

Enterprise risk management or ERM

The identification, assessment, monitoring and management of risks that may interfere with the operations and objectives of an enterprise.

Euro II / Euro III / Euro IIIA / Euro IV / Euro VI

European emission standards that define the acceptable limits for exhaust emissions of vehicles.


Fly Greener programme

A voluntary carbon offset programme which offers Cathay Pacific passengers the opportunity to offset their carbon footprint from air travel.

Frozen efficiency baseline

A baseline from which performance is projected, assuming no improvement in current efficiencies.

FSC certified

Wood or paper that is FSC certified assures that the product comes from a responsibly managed forest or recycled sources, in accordance with the Forest Stewardship Council Principles and Criteria.


Gender pay gap

Measures the difference in pay between women and men. It is a measure across all jobs within a particular category, not the difference in pay between men and women for doing the same job. Swire Pacific calculates the gender pay gap as the percentage difference in annual pay between women and men by employee category.


Gross floor area

Global Reporting Initiative or GRI

An international standards organisation that helps businesses, governments and other organisations to understand and communicate their impact on critical sustainability issues, such as climate change, human rights, governance and social wellbeing.

Greenhouse gas or GHG

A gas that contributes to the greenhouse effect by absorbing infrared radiation.

See also Scope 1 emissions, Scope 2 emissions, Scope 3 emissions


Ground support equipment


High-density polyethylene (HDPE)

A type of plastic commonly used as packaging for food, beverages, personal care products and household products.

HKEx ESG Reporting Guide

The Environmental, Social and Governance Reporting Guide in Appendix 27 to the Rules Governing Listing of Securities on The Stock Exchange of Hong Kong Limited.


Individual Contributor

Entry level and first-line employees with no direct reports.

See also Employee category, Team Leader, Operational Leader, Strategic Leader

Intergovernmental Panel on Climate Change or IPCC

An intergovernmental body of the United Nations that provides information relevant to understanding the scientific basis of the risk of human-induced climate change and its natural, political, and economic impacts.

Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services or IPBES

An international platform designed to strengthen the science-policy interface for biodiversity and ecosystem services.

International Air Transport Association or IATA

The principal trade association for the world’s airlines.

International Civil Aviation Organisation or ICAO

A United Nations body which manages the administration and governance of the Convention on International Civil Aviation.

International Maritime Organisation or IMO

A United Nations agency with responsibility for the safety and security of shipping and the prevention of marine and atmospheric pollution by ships.


John Swire & Sons (H.K.) Limited or JS&SHK

The immediate holding company of Swire Pacific Limited.


Leadership in Energy and Environmental Design or LEED

A green building rating system devised by the United States Green Building Council.

Lost Day Rate or LDR

The number of lost scheduled working days per 100 employees per year. Calculated as the total days lost multiplied by 200,000, divided by total hours worked. The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.

Lost Time Injury Rate or LTIR

The number of injuries per 100 employees per year. Calculated as the total injuries multiplied by 200,000, divided by total hours worked. The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.



Operating companies within the Swire Pacific Group.

Operational Leader

Middle-managers leading other managers within a function, product line or region.

See also Employee category, Individual Contributor, Team Leader, Strategic Leader


Physical risks

Includes extreme weather, changes in rainfall and temperature and increases in sea levels.

See also Climate-related risks, Transitional risks

Polyethylene Terephthalate or PET

A type of plastic commonly used for water and other drink bottles and for food containers.


RCP 2.6

One pathway where radiative forcing peaks at approximately 3 W m–2 before 2100 and then declines, the corresponding Extended Concentration Pathway assuming constant emissions after 2100.

RCP 4.5 and RCP 6.0

Two intermediate stabilisation pathways in which radiative forcing is stabilised at approximately 4.5 W m–2 and 6.0 W m–2 after 2100, the corresponding Extended Concentration Pathways assuming constant concentrations after 2150.

RCP 8.5

One high pathway for which radiative forcing reaches greater than 8.5 W m–2 by 2100 and continues to rise for some amount of time, the corresponding Extended Concentration Pathway assuming constant emissions after 2100 and constant concentrations after 2250.

Representative Concentration Pathways or RCPs

Scenarios that include time series of emissions and concentrations of greenhouse gases, aerosols and chemically active gases.

Revenue tonne kilometres or RTK

Traffic volume, measured in load tonnes, from the carriage of passengers, excess baggage, cargo and mail on each sector multiplied by the flight sector distance.


Recycled PET


Roundtable on Sustainable Palm Oil



A collaboration between CDP, the United Nations Global Compact, the World Resources Institute and the World Wide Fund for Nature that encourages organisations to set science-based targets.

Science-based target or SBT

A target to reduce GHG emissions that is in line with the level of decarbonisation required to keep the global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures.

Scope 1 emissions

Direct GHG emissions from sources that are owned or controlled by an organisation.

See also Greenhouse gas or GHG, Scope 2 emissions, Scope 3 emissions

Scope 2 emissions

Indirect GHG emissions from consumption by an organisation of electricity, heat and steam.

See also Greenhouse gas or GHG, Scope 1 emissions, Scope 3 emissions

Scope 3 emissions

Scope 3 emissions are all indirect emissions (not included in scope 2) that occur in the value chain of the reporting company, including both upstream (e.g. supply chain) and downstream (e.g. customers) emissions.

See also Greenhouse gas or GHG, Scope 1 emissions, Scope 2 emissions

Strategic Leader

Managers leading functions, multiple functions, departments, regions or small operating companies.

See also Employee category, Individual Contributor, Team Leader, Operational Leader


The Swire Pacific environmental strategy, which deals with carbon, waste, water, sustainable materials, biodiversity and climate resilience.


Task Force on Climate Related Financial Disclosures or TCFD

An organisation which develops voluntary, consistent, climate-related financial risk disclosures for use by organisations.


The Coca-Cola Company Limited

Team Leader

First-line supervisors and junior managers leading teams of individuals.

See also Employee category, Individual Contributor, Operational Leader, Strategic Leader

Total injuries

The number of injuries in a year which result in lost time of a minimum of one scheduled working day.

Transitional risks

Risks associated with the transition to a lower carbon economy that may arise from changes in policy, law, technology and markets, including risks to reputation.

See also Climate-related risk, Physical risks


United Nations Sustainable Development Goals or UN SDGs

A set of universal goals designed to meet the urgent environmental, political and economic challenges facing the world.


Virtual Power Purchase Agreement or vPPA

A financial agreement between a renewable electricity generator and buyer in which the price for the underlying electricity is settled with a Contract for Difference (CfD). There is no physical delivery of electricity from the generator to the buyer. The generator and buyer also agree on terms and conditions, such as the amount of electricity to be supplied, price of commodity, accounting principles and associated environmental attribute claims.


Water replenishment

Water replenishment is water that has been treated and returned to the natural systems. For some replenishment projects, Swire Coca-Cola collaborate with TCCC and other local NGOs and therefore cannot take 100% of the credit for the replenishment volume.

Water use ratio or WUR

Litres of water used to produce a litre of product. Calculated as total water used divided by total production volume.

World Resources Institute or WRI

A research organisation that focuses on challenges that must be addressed to reduce poverty, increase economic growth and protect natural systems.

Our performance

On our data