CORPORATE GOVERNANCE & SUSTAINABILITY | SUSTAINABLE DEVELOPMENT Raised over HK$508,000 for charity Expanded network for Hong Kong’s through a series of wellness campaigns, first smart reusable cup system including an 8-hour spinning race Hong Kong Hong Kong we achieved a 28% absolute Scope 1 and 2 carbon reduction Technology Award 2023 – Commercial Buildings Existing compared to the 2019 baseline for our global portfolio. We Building Commissioning (EBCx), and awarded the winner of continued to adopt innovative low-carbon technologies and Best Digital Innovation at the CIBSE Building Performance management practices and invest in energy research and Awards 2023. Teaming up with a digital automation and development. energy-management company in the “Global AI Challenge Two Taikoo Place, one of our newest major Hong Kong for Building Electrical and Mechanical Facilities” to develop a developments, has adopted a lifecycle carbon management building cooling load prediction model, the joint team won a approach to identify emissions reduction opportunities. Gold Award and the Grand Prize – Alliance Contracting During the construction stage, the project adopted almost Outstanding AI Influencer Award, and scored the best model 100% Platinum-grade low-carbon concrete certified under accuracy in the Open Group, out of 44 global teams. the Construction Industry Council Green Product Resources & Circularity Certification. Structural steel and rebar with high recycled In 2022, we continued efforts to digitalise tenants’ waste content were also used. To support low-carbon building data via the Smart Waste Reduction Challenge. In total operations, Two Taikoo Place has adopted several industry- we engaged five of our offices and 13 tenants, and kicked leading energy-efficiency technologies and renewable off a brand-new smart mobile scale pilot with seven energy installations. office tenants. Energy To further drive a circular economy, Swire Properties In 2022, our electricity-use intensity decreased by 12.9% partnered with a sustainable asset management specialist compared to a 2019 baseline at our Hong Kong and Chinese to launch an office furniture solution for Taikoo Place and Mainland properties. The reduction reflected better Pacific Place tenants. As at December 2022, the initiative monitoring of heating, ventilation and air-conditioning helped five tenants divert more than 1,300 pieces of systems via our cloud-based smart-energy management furniture from landfills, totalling nearly 40 tonnes. platform; the introduction of electrically-commutated motor Swire Properties also partnered with Redress, a local plug fans; the retrofitting of air-conditioning systems; and environmental charity that tackles the issue of textile the use of more energy-efficient lighting. We continued to waste, for the fourth consecutive year. We supported “Get explore ways to increase on-site renewable energy Redressed Month” with 19 public collection boxes across our generation across our portfolios. In 2022, we installed a Hong Kong developments. Over 16 tonnes of second-hand 30 kW Photovoltaic (“PV”) system at Devon House and clothes were sorted with the help of over 640 volunteers a 78 kW PV system at Dorset House. from 36 companies. Swire Properties’ energy management efforts have been In June 2022, the Starstreet Precinct launched the “Recycle recognised. The Company received first place at the ASHRAE Your Bottles” campaign and invited the neighbourhood to 126