Swire Pacific Limited (Swire Pacific or the Group) is a Hong Kong-based international conglomerate with a diversified portfolio of market leading businesses. This report covers its subsidiaries in four divisions (Property, Beverages, Aviation, and Trading & Industrial). In April 2022, Swire Pacific completed the disposal of Swire Pacific Offshore, so ceasing operations in the marine services business. Data for this operating company is included up until the date of sale. Operating companies which it does not control are excluded. Its business activities are predominantly in Greater China, where it has been established for over 150 years.

Sustainable development is a core principle for the Group. We invest in sustainable development because it is the right thing to do, and because it supports the creation of long-term shareholder value through innovation and improved efficiency.

We have published sustainability reports since 2007. This report deals with our approach and performance in the five areas of our sustainable development strategy, SwireTHRIVE (Climate, Waste, Water, People and Communities) and with secondary environmental, social and governance (ESG) topics that have been identified as material.

This report was published in April 2023. It is additional to the Sustainable Development Review in the Swire Pacific Annual Report 2022. Key performance data has been independently assured by Deloitte.

Chairman’s statement