SwireTHRIVE

Overview

We believe that when the world in which we operate thrives, so do we.

Swire has a longstanding commitment to sustainable development. We aim to create long term value for our shareholders. We recognise that our success in doing so is dependent on our people, the communities in which we operate and the natural environment.

The SwireTHRIVE sustainable development strategy provides a group level framework that facilitates collaboration among our operating companies with a view to achieving common goals. It helps us to communicate more clearly what we stand for and what we do.

SwireTHRIVE comprises five priority areas where, as a group, we aim to mitigate operational risk and build long term resilience for our businesses by improving standards and efficiency and by innovation. They are:

  • Climate – Decarbonise our business and build climate resilience
  • Waste – Turn today’s waste into tomorrow’s resource
  • Water – Use and manage water responsibly
  • People – Foster a corporate culture that is accessible, inclusive and safe
  • Communities – Position our community initiative as part of our core business value

Our priority areas, commitments and progress

Our priority areas Our commitments Our progress
Climate Decarbonise our business and build climate resilience 50% reduction in scope 1 and 2 emissions by 2030, and Net Zero by 2050 19% compared with our baseline
Waste Turn today’s waste into tomorrow’s resource 65% waste diverted from landfill by 2030, and a Zero Waste to Landfill by 2050 59% waste diverted from landfill in 2022
Water Use and manage water responsibly 30% reduction in water withdrawal from a 2018 frozen efficiency baseline by 2030, and Water Neutrality by 2050 11% compared with our baseline
People Foster a corporate culture that is accessible, inclusive and safe 30% women in senior leadership roles by 2024 24% women in senior leadership roles
30% women on Board by 2024 28.6% women on Board
Communities Position our community initiative as part of our core business value TrustTomorrow to partner with local organisations and drive lasting positive change HK$124 million disbursed since launch

 

Climate