Swire Pacific Sustainable Development Report 2020

GRI Standards
General Disclosure

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Organisational profile

GRI Standards General Disclosures	GRI Standards description	Item	HKEX ESG reporting guide reference	Report section	Remarks
102-1	Name of the organisation			Our business
102-2	Activities, brands, products, and services			Our business	Swire Pacific Annual Report 2020 - Corporate Statement
102-3	Location of headquarters			Our business
102-4	Location of operations			Our business	Swire Pacific Annual Report 2020 - Corporate Statement
102-5	Nature of ownership and legal form			Our business
102-6	Markets served (including geographic breakdown, sectors served, types of customers, and beneficiaries)			Our business
102-7	Scale of the organisation			SwireTHRIVE - People	Swire Pacific Annual Report 2020 - Corporate Statement Swire Pacific Annual Report 2020 - 2020 Performance Review and Outlook
102-8	Information on employees and other workers	KPI B1.1	Total workforce by gender, employment type, age group and geographical region.	Downloads - Performance data
102-9	Supply chain	KPI B5.1	Number of suppliers by geographical region.	Other ESG disclosures - Supply chain
		KPI B5.2	Description of practices relating to engaging suppliers, number of suppliers where the practices are being implemented, and how they are implemented and monitored.
		KPI B5.3	Description of practices used to identify environmental and social risks along the supply chain, and how they are implemented and monitored.
102-10	Significant changes to the organisation and its supply chain				Swire Pacific Annual Report 2020 - Chairman’s Statement Swire Pacific Annual Report 2020 - 2020 Performance Review and Outlook
102-11	Precautionary Principle or approach			Our business - Risk management	Swire Pacific Annual Report 2020 - Risk Management
102-12	External initiatives			Downloads
102-13	Membership associations			Downloads

Strategy

GRI Standards General Disclosures	GRI Standards description	Item	HKEX ESG reporting guide reference	Report section	Remarks
102-14	Statement from senior decision-maker			Introduction – Chairman’s Statement
102-15	Key Impacts, risks and opportunities			Our business – Risk management

Ethics and integrity

GRI Standards General Disclosures	GRI Standards description	Item	HKEX ESG reporting guide reference	Report section	Remarks
102-16	Values, principles, standards, and norms of behaviour			Other ESG disclosures - Governance

Governance

GRI Standards General Disclosures	GRI Standards description	Item	HKEX ESG reporting guide reference	Report section	Remarks
102-18	Governance structure			Our business - Our approach to sustainable development	Swire Pacific Annual Report 2020 - Corporate Governance Report

Stakeholder engagement

GRI Standards General Disclosures	GRI Standards description	Report section	Remarks
102-40	List of stakeholder groups	About our report - Stakeholder engagement
102-41	Collective bargaining agreements	Other ESG disclosures - Talent management	In Hong Kong there is no legal framework for collective bargaining arrangements with trade unions. In the Chinese mainland, our operating companies are normally required to liaise with official trade unions. Employees can present grievances and report improprieties and breaches of the Code of Conduct through established channels. At Swire Pacific Offshore, relevant seagoing employees' pay negotiations are undertaken collectively with international or national bodies, and administered under collective bargaining agreements and enterprise bargaining agreements in accordance with Maritime Labour Convention 2006. See our operating companies' sustainability reports for details.
102-42	Identifying and selecting stakeholders	About our report - Stakeholder engagement
102-43	Approach to stakeholder engagement	About our report – Assessing materiality
102-44	Key topics and concerns raised	About our report – Assessing materiality	Also see Stakeholder engagement section

Reporting practice

GRI Standards General Disclosures	GRI Standards description	Report section	Remarks
102-45	Entities included in the consolidated financial statements	-	Swire Pacific Reporting Methodology 2020
102-46	Defining report content and topic Boundaries	About our report	Swire Pacific Reporting Methodology 2020
102-47	List of material topics	About our report – Assessing materiality	Swire Pacific Reporting Methodology 2020
102-48	Restatements of information	Downloads – Performance data
102-49	Changes in reporting	-	Swire Pacific Reporting Methodology 2020
102-50	Reporting period	About our report
102-51	Date of most recent report	-	Our 2019 Sustainable Development Report was published on 26 June 2020
102-52	Reporting cycle	About our report
102-53	Contact point for questions regarding the report	About our report
102-54	Claims of reporting in accordance with the GRI Standards	About our report
102-55	GRI content index	Downloads - GRI and HKEX Index Tables
102-56	External assurance	About our report	Independent Practitioner’s Limited Assurance Report

GRI Standards and HKEX

Download GRI Standards and HKEX (172KB PDF)

Economic

GRI Standards topic-specific standard	GRI Ref.	Description	HKEX ESG Ref.	Description	Report section	Remarks
GRI 201: Economic Performance 2016	103-1	Explanation of the material topic and its boundary	General Disclosure A4	Policies on identification and mitigation of significant climate-related issues which have impacted, and those which may impact, the issuer.	SwireTHRIVE - Climate	Swire Pacific Annual Report 2020 - Financial Review
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	201-1	Direct economic value generated and distributed	KPI B8.2	Resources contributed (e.g. money or time) to the focus area	SwireTHRIVE - Communities
	201-2	Financial implications and other risks and opportunities due to climate change	KPI A4.1	Description of the significant climate-related issues which have impacted, and those which may impact, the issuer, and the actions taken to manage them.	Our business – TCFD
GRI 205: Anti-corruption 2016	103-1	Explanation of the material topic and its boundary	General Disclosure B7	Information on the policies and compliance with relevant laws and regulations that have a significant impact on the issuer relating to bribery, extortion, fraud and money laundering.	Other ESG disclosures - Governance	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	205-2	Communication and training about anti-corruption policies and procedures	KPI B7.3	Description of anti-corruption training provided to directors and staff.	Other ESG disclosures - Governance
	205-3	Confirmed incidents of corruption and actions taken	KPI B7.1	Number of concluded legal cases regarding corrupt practices brought against the issuer or its employees during the reporting period and the outcomes of the cases.
	205-3	Confirmed incidents of corruption and actions taken	KPI B7.2	Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.		Whistleblowing Policy
GRI 206: Anti-competitive Behaviour 2016	103-1	Explanation of the material topic and its boundary			Other ESG disclosures – Supply chain	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	206-1	Legal actions for anti-competitive behaviour, anti-trust, and monopoly practices

Environmental

GRI Standards topic-specific standard	GRI Ref.	Description	HKEX ESG Ref.	Description	Report section	Remarks
GRI 301: Materials 2016	103-1	Explanation of the material topic and its boundary	General Disclosure A2, A3	Policies on the efficient use of resources, including energy, water and other raw materials. Policies on minimising the issuer’s significant impact on the environment and natural resources	Other ESG disclosures – Supply chain	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach				Swire Pacific Sustainable Development Policy and related policies
			KPI A2.5	Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.		This was deemed to not be material at group level, by our materiality assessment.
GRI 302: Energy 2016	103-1	Explanation of the material topic and its boundary	General Disclosure A2, A3	Policies on the efficient use of resources, including energy, water and other raw materials. Policies on minimising the issuer’s significant impact on the environment and natural resources	SwireTHRIVE - Climate	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach				Swire Pacific Sustainable Development Policy and related policies
	302-1	Energy consumption within the organisation	KPI A2.1	Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in ’000s) and intensity (e.g. per unit of production volume, per facility).	Downloads - Performance Data SwireTHRIVE - Climate	Swire Pacific Annual Report 2020 - Sustainable Development Review
	302-4	Reduction of energy consumption	KPI A2.3	Description of energy use efficiency target(s) set and steps taken to achieve them.	Downloads - Performance Data SwireTHRIVE - Climate
GRI 303: Water and Effluents 2018	103-1	Explanation of the material topic and its boundary	General Disclosure A2, A3	Policies on the efficient use of resources, including energy, water and other raw materials. Policies on minimising the issuer’s significant impact on the environment and natural resources	SwireTHRIVE – Water	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach				Swire Pacific Sustainable Development Policy and related policies
	303-1	Interactions with water as a shared resource	KPI A2.4	Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them.	SwireTHRIVE – Water
	303-1	Interactions with water as a shared resource	KPI A3.1	Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.	SwireTHRIVE – Water
	303-2	Management of water discharge-related impacts			SwireTHRIVE – Water
	303-3	Water withdrawal	KPI A2.2	Water consumption in total and intensity (e.g. per unit of production volume, per facility).	Downloads - Performance Data SwireTHRIVE - Water	Swire Pacific Annual Report 2020 - Sustainable Development Review
	303-5	Water consumption			Downloads - Performance Data
GRI 304: Biodiversity 2016	103-1	Explanation of the material topic and its boundary	General Disclosure A2, A3	Policies on the efficient use of resources, including energy, water and other raw materials. Policies on minimising the issuer’s significant impact on the environment and other raw materials.	Other ESG disclosures – Biodiversity	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach				Swire Pacific Sustainable Development Policy and related policies
	304-2	Significant impacts of activities, products, and services on biodiversity	KPI A3.1	Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.
GRI 305: Emissions 2016	103-1	Explanation of the material topic and its boundary	General Disclosure A1, A3	Information on the policies and compliance with relevant laws and regulations that have a significant impact on the issuer relating to air and greenhouse gas emissions, discharges into water and land, and generation of hazardous and non-hazardous waste. Policies on minimising the issuer’s significant impact on the environment and natural resources.	SwireTHRIVE - Climate	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	305-1	Direct (Scope 1) GHG emissions	KPI A1.1	The types of emissions and respective emissions data.	Downloads – Performance data SwireTHRIVE - Climate	Swire Pacific Annual Report 2020 - Sustainable Development Review
	305-1	Direct (Scope 1) GHG emissions	KPI A1.2	Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
	305-2	Energy indirect (Scope 2) GHG emissions
	305-5	Reduction of GHG emissions	KPI A1.5	Description of emissions target(s) set and steps taken to achieve them.
GRI 306: Effluents and Waste 2016	103-1	Explanation of the material topic and its boundary	General Disclosure A1, A3	Information on the policies and compliance with relevant laws and regulations that have a significant impact on the issuer relating to air and greenhouse gas emissions, discharges into water and land, and generation of hazardous and non-hazardous waste. Policies on minimising the issuer’s significant impact on the environment and natural resources.	SwireTHRIVE – Waste	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach				Swire Pacific Sustainable Development Policy and related policies
	306-2	Waste by type and disposal method	KPI A1.3	Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).	Downloads – Performance data SwireTHRIVE – Waste
			KPI A1.4	Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
			KPI A1.6	Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.
GRI 307: Environmental Compliance 2016	103-1	Explanation of the material topic and its boundary				It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	307-1	Non-compliance with environmental laws and regulations
GRI 308: Supplier Environmental Assessment 2016	103-1	Explanation of the material topic and its boundary	General Disclosure B5	Policies on managing environmental and social risks of the supply chain.	Other ESG disclosures - Supply chain Other ESG disclosures - Biodiversity	Swire Pacific Sustainable Procurement Policy
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
			KPI B5.1	Number of suppliers by geographical region.		Swire Pacific does not have a centralised Procurement function. Each operating company is responsible for its own procurement, so we do not have group level supplier data.
			KPI B5.2	Description of practices relating to engaging suppliers, number of suppliers where the practices are being implemented, and how they are implemented and monitored.
			KPI B5.3	Description of practices used to identify environmental and social risks along the supply chain, and how they are implemented and monitored.
			KPI B5.4	Description of practices used to promote environmentally preferable products and services when selecting suppliers, and how they are implemented and monitored.

Social

GRI Standards topic-specific standard	GRI Ref.	Description	HKEX ESG Ref.	Description	Report section	Remarks
GRI 401: Employment 2016	103-1	Explanation of the material topic and its boundary	General Disclosure B1	Information on the policies and compliance with relevant laws and regulations that have a significant impact on the issuer relating to compensation and dismissal, recruitment and promotion, working hours, rest periods, equal opportunity, diversity, anti-discrimination, and other benefits and welfare.	Other ESG disclosures - Talent management SwireTHRIVE - People	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	401-1	New employee hires and employee turnover	KPI B1.2	Employee turnover rate by gender, age group and geographical region.	Downloads – Performance data
GRI 403: Occupational Health and Safety 2018	103-1	Explanation of the material topic and its boundary	General Disclosure B2	Information on the policies and compliance with relevant laws and regulations that have a significant impact on the issuer relating to providing a safe working environment and protecting employees from occupational hazards.	SwireTHRIVE - People	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	403-9	Work-related injuries	KPI B2.1	Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.	Downloads – Performance data SwireTHRIVE - People	Swire Pacific only reports on the lost day rate, lost time injury rate and fatalities of our employees. We do not disclose occupational health & safety data by gender and region.
			KPI B2.2	Lost days due to work injury.
			KPI B2.3	Description of occupational health and safety measures adopted, how they are implemented and monitored.
GRI 404: Training and Education 2016	103-1	Explanation of the material topic and its boundary	General Disclosure B3	Policies on improving employees’ knowledge and skills for discharging duties at work. Description of training activities.	Other ESG disclosures - Talent management
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	404-1	Average hours of training per year per employee	KPI B3.1	The percentage of employees trained by gender and employee category.	Downloads – Performance Data
	404-1	Average hours of training per year per employee	KPI B3.2	The average training hours completed per employee by gender and employee category.	Downloads – Performance Data Other ESG disclosures - Talent management
GRI 405: Diversity and Equal Opportunity 2016	103-1	Explanation of the material topic and its boundary	General Disclosure B1	Information on the policies and compliance with relevant laws and regulations that have a significant impact on the issuer relating to compensation and dismissal, recruitment and promotion, working hours, rest periods, equal opportunity, diversity, anti-discrimination, and other benefits and welfare.	SwireTHRIVE - People	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	405-1	Diversity of governance bodies and employees	KPI B1.1	Total workforce by gender, employment type, age group and geographical region.	Downloads – Performance Data SwireTHRIVE - People	We currently do not have a definition of minority status in our workforce.
	405-2	Ratio of basic salary and remuneration of women to men			Downloads – Performance Data SwireTHRIVE - People
GRI 406: Non-discrimination 2016	103-1	Explanation of the material topic and its boundary	General Disclosure B1	Information on the policies and compliance with relevant laws and regulations that have a significant impact on the issuer relating to compensation and dismissal, recruitment and promotion, working hours, rest periods, equal opportunity, diversity, anti-discrimination, and other benefits and welfare.	SwireTHRIVE - People	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	406-1	Incidents of discrimination and corrective actions taken
GRI 408: Child Labour 2016	103-1	Explanation of the material topic and its boundary	General Disclosure B4	Information on the policies and compliance with relevant laws and regulations that have a significant impact on the issuer relating to preventing child and forced labour.	Other ESG disclosures – Supply chain Other ESG disclosures – Governance	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components	KPI B4.1	Description of measures to review employment practices to avoid child and forced labour.
	103-3	Evaluation of the management approach	KPI B4.2	Description of steps taken to eliminate such practices when discovered.
GRI 409: Forced or Compulsory Labour 2016	103-1	Explanation of the material topic and its boundary	General Disclosure B4	Information on the policies and compliance with relevant laws and regulations that have a significant impact on the issuer relating to preventing child and forced labour.	Other ESG disclosures – Supply chain Other ESG disclosures – Governance
	103-2	The management approach and its components	KPI B4.1	Description of measures to review employment practices to avoid child and forced labour.
	103-3	Evaluation of the management approach	KPI B4.2	Description of steps taken to eliminate such practices when discovered.
GRI 413: Local Communities 2016	103-1	Explanation of the material topic and its boundary	General Disclosure B8	Policies on community engagement to understand the needs of the communities where the issuer operates and to ensure its activities take into consideration the communities' interests.	SwireTHRIVE – Communities
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
			KPI B8.1	Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).
			KPI B8.2	Resources contributed (e.g. money or time) to the focus area.
GRI 414: Supplier Social Assessment 2016	103-1	Explanation of the material topic and its boundary	General Disclosure B5	Policies on managing environmental and social risks of the supply chain.	Other ESG disclosures – Supply chain
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
			KPI B5.1	Number of suppliers by geographical region.		Swire Pacific does not have a centralised Procurement function. Each operating company is responsible for its own procurement, so we do not have group level supplier data.
			KPI B5.2	Description of practices relating to engaging suppliers, number of suppliers where the practices are being implemented, and how they are implemented and monitored.
			KPI B5.3	Description of practices used to identify environmental and social risks along the supply chain, and how they are implemented and monitored.
GRI 415: Public Policy 2016	103-1	Explanation of the material topic and its boundary			Other ESG disclosures – Governance
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
GRI 418: Customer Privacy 2016	103-1	Explanation of the material topic and its boundary	KPI B6.5	Description of consumer data protection and privacy policies, and how they are implemented and monitored.	Our business – Risk management
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
GRI 419: Socio- Economic Compliance 2016	103-1	Explanation of the material topic and its boundary				It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
	103-2	The management approach and its components
	103-3	Evaluation of the management approach
	419-1	Non-compliance in laws and regulations in the social and economic area

Product responsibility

GRI Standards topic-specific standard	GRI Ref.	Description	HKEX ESG Ref.	Description	Report section	Remarks
N/A	N/A	N/A	General Disclosure B6	Information on the policies and compliance with relevant laws and regulations that have a significant impact on the issuer relating to health and safety, advertising, labelling and privacy matters relating to products and services provided and methods of redress.	Other ESG disclosures - Customer	It is not considered that any individual laws or regulations have a significant impact on the Swire Pacific group.
			KPI B6.1	Percentage of total products sold or shipped subject to recalls for safety and health reasons.		This was deemed to not be material at group level, by our materiality assessment.
			KPI B6.2	Number of products and service related complaints received and how they are dealt with.
			KPI B6.3	Description of practices relating to observing and protecting intellectual property rights.
			KPI B6.4	Description of quality assurance process and recall procedures.

GRI and HKEX index tables

GRI Standards General Disclosure

Organisational profile

Strategy

Ethics and integrity

Governance

Stakeholder engagement

Reporting practice

GRI Standards and HKEX

Economic

Environmental

Social

Product responsibility

GRI Standards
General Disclosure