10 SUSTAINABLE DEVELOPMENT (SD) 2030 STRATEGY: 2024 HIGHLIGHTS 2024 HIGHLIGHTS Through effective placemaking and long-term placekeeping, we aim to continue to transform the places in which we invest so as to create value, whilst retaining their character, supporting communities and enhancing people’s lives. Youth Empowerment Generated over HK$60 million of social value from Swire Properties Placemaking Academy (“SPPA”) through empowering youth to design, plan and execute our annual community event – White Christmas Street Fair since 2019 Sustainable Placemaking Taikoo Place became the first and only project in the Greater Bay Area to achieve Platinum certification under LEED v.4.1 for Communities: Existing Communities1 Wellbeing Launched the new Taikoo Square and Taikoo Garden, offering more than 70,000 sq. ft. of green space, representing a nature-based solution to further enhance urban biodiversity, increase climate resilience, and promote the wellbeing of communities We aim to create an environment where our employees will be healthier, happier and more productive, to invest in our employees and to provide rewarding career paths so as to develop a diverse and industry-leading team. Talent Management 2025 KPI A 25% increase in training hours/ employee/year2 2024 Progress 25 training hours/ employee/year ( 105%) ~173,900 training hours delivered Occupational Health and Safety 2025 KPI 2024 Progress Maintain Lost Time Injury Rate (“LTIR”) Non-hotel operations: ≤1.2 Hotel operations: ≤2.0 Non-hotel operations: 0.56 Hotel operations: 1.08 Workplace Wellbeing Revamped our Workplace Wellbeing Framework with three major focus areas: Built Environment, Workplace Interactions and HR Policy, Ways of Working Launched Working Parents Connect to equip working parents with practical parenting knowledge and tools to promote an inclusive and supportive workplace Diversity and Inclusion 2025 KPI Maintain a female representation of no less than 40% in the workforce Maintain a gender balance in strategic leadership Maintain gender pay ratio at 1:1 2024 Progress 42.5% of the workforce is female 40% of strategic leader positions are held by women Gender pay ratio (female to male)3: 1:0.97 Volunteering Our Community Ambassador Programme contributed 12,696 volunteer service hours, supporting 84 activities We aim to continue to develop long-term, mutually beneficial relationships with our business partners and other key parties so as to improve our environmental, social and economic performance. Suppliers 2025 KPI Reduce 5-year rolling accident rate4 average in our Hong Kong development projects by 50% 2024 Progress Achieved a 55% reduction in accident rate HK$447 million spent on sustainable procurement5 Tenants 2025 KPI 50% of tenants in office portfolios6 to sign the Green Performance Pledge to jointly improve environmental performance 2024 Progress 53% of tenants (129 tenants from over 4.5 million sq. ft. LFA) signed GPP Collective reduction in electricity use intensity by 3.8%, saving nearly 750,000 kWh and waste diversion rate increased by 10 percentage points from all GPP participating tenants Launched Green Kitchen Initiative 3.0 including Sustainable Fit-out and Sustainable Operations Recognition Scheme to incorporate the latest technologies and equipment specifications; and established a new brand identity Launched the Green Retail Partnership Framework, focusing on sustainable shop design, data sharing and shop operation performance improvements; forming a 3-year strategic partnership with a luxury retail conglomerate to improve ESG performance across their stores, offices and F&B locations 1 As at 31st December 2024. 2 Compared to the baseline year of 2016. 3 Gender pay ratio is calculated based on a non-weighted average methodology. 4 Using 2015-2019 (5-year average) as baseline. Accidental rate represents the number of reportable accidents per 1,000 contractor workers. It is calculated as the total number of reportable accidents multiplied by 1,000 and then divided by average daily number of contractor workers on-site. Places People Partners Performance (Environment) Performance (Economic) Places People Partners Performance (Environment) Performance (Economic)
