Under our Sustainable Procurement Policy, our operating companies are required to purchase, where possible, products which do not adversely affect the environment, specifically:
- Minimal use of virgin material
- Replacement of disposables with reusables or recyclables
- Minimal environmental impact over the life of the relevant product or service
- Minimal packaging or elimination of packaging
- Reduced energy or water consumption
- Reduced or eliminated toxicity
- Avoidance of single-use disposable items
- Using things which can be recycled
Our guidelines reflect international standards. Our businesses include sustainability criteria in procurement decisions where possible.
At Swire Properties, a green procurement monitoring system has been in place since 2015. The system tracks consumption of office supplies, building services equipment and building materials which have been certified or accredited by independent third parties. The data is used to evaluate its green procurement performance and to identify opportunities for sourcing more sustainable products. In 2019, HK$48 million of green products were procured.
Swire Properties tracks consumption of timber, concrete and reinforcement bars. It selects construction materials with lower embodied carbon to reduce its emissions across the lifecycle of its buildings. Earlier this year, it held a green construction materials forum for suppliers. New materials and government policies were considered. Suppliers were informed about Swire Properties’ science-based carbon reduction targets.
Swire Properties subscribes to the Green Purchasing and Sustainable Purchasing Charters of the Green Council in Hong Kong.
Cathay Pacific is making progress in finding sustainable options for materials sourced, for example, roasted peanuts made using palm oil certified by the Roundtable on Sustainable Palm Oil. Carpets in some aircraft are made from discarded fishing nets. Pillowcases and duvet covers in business and first class are made from 100% sustainably sourced cotton.
In 2019, Cathay Pacific Catering Services purchased 412 tonnes of certified sustainable, traceable seafood, representing 58% of the total volume of seafood purchased, and 33 tonnes of hydroponic vegetables grown in Hong Kong, representing 18% of its total purchases of salad greens. For more information please see the Biodiversity section of this report. All of Cathay Pacific’s hygiene-related paper products and stationery is eco-friendly (FSC certified and recycled material).
Swire Coca-Cola has set a target to source its key agricultural ingredients from sustainable sources by 2025. This is in-line with The Coca-Cola Company’s Sustainable Agriculture Guiding Principles. These principles deal with water, energy, waste, soil management and conservation of natural habitats and ecosystems, as well as worker’s rights. Supplier compliance will be verified by a third party.