129 SWIRE PROPERTIES ANNUAL REPORT 2024 Partners Our business partners play a critical part in the success of our SD 2030 Strategy. Suppliers We include our suppliers in our approach to sustainable development. We have our supplier code of conduct to address and manage risks related to regulatory compliance, environmental protection, health and safety, labour practices, human rights, product responsibility and sustainable purchasing in our supply chain. We also further expanded our supplier ESG screening to all active suppliers, assessing their ESG risk exposure specific to their country of operation and industry. In 2024, HK$447 million worth of sustainable products and services were procured. Tenants We work closely with our commercial tenants to integrate sustainability into their fit-out and operations through our bespoke engagement programmes. In 2024, sign-ups for the Green Performance Pledge (“GPP”) exceeded our 2025 target, with 129 office tenants enrolled, representing over 4.5 million square feet or 53% of occupied office lettable floor in Hong Kong and the Chinese Mainland. We hosted 8 GPP Academy workshops, attracting over 280 participants from more than 55 companies, and launched a website and newsletter series. Over 120 outlets in Hong Kong and the Chinese Mainland participated in our Green Kitchen Initiative, promoting sustainable practices among F&B tenants. In 2024, we also launched a new Sustainable Operations Recognition Scheme and upgraded the Sustainable Fit-out Recognition Scheme to enhance support for tenants’ sustainable fit-out and operations. Notably, we announced our strategic partnership for sustainability with luxury conglomerate LVMH to engage its brands in our bespoke tenant engagement programmes. LVMH is also the launch partner for our new Green Retail Partnership. Together, we developed the Eco-design Checklist with targeted recommendations to improve the sustainability performance of upcoming LVMH stores. Tong Chong Street Market 2024 The Tong Chong Street Market 2024 took place in November, featuring the inaugural nine-hole golf experience across Taikoo Place portfolio. The event featured popular local F&B offerings from 20 vendors and included musical performances, attracting over 180,000 footfalls in 9 days. Performance (Environment) As a leading property developer, we are committed to building and managing our developments sustainably. Climate Change In 2024, we continued to progress steadily towards our 1.5°C-aligned science-based targets, as part of our core strategy to reach net-zero emissions by 2050, achieving a Entered into a partnership with LVMH under the Green Retail Partnership Hong Kong and Chinese Mainland Tong Chong Street Market 2024 attracted over 180,000 footfalls over nine days Hong Kong
