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MENU PLACES PEOPLE PAPARRTTNNEERRSS PERFORMANCE PERFORMANCE (ENVIRONMENT) (ECONOMIC) Partners 2022 Progress Suppliers Tenants Customers Residential Owners, Occupiers and Serviced Apartment Residents A Sustainable Timber Deck at Three Pacific Place After being in use for 16 years, the wooden deck and stone benches in the Star Street Plaza and Queen’s Road East Plaza in front of Three Pacific Place needed a revamp. Instead of demolishing them and building new ones using fresh materials, with the old materials sent to landfill, Swire Properties prioritised recycling as many existing elements as possible. The deck’s timbers were recycled and reconstituted into a more durable wood-plastic composite (“WPC”) deck, with the entire process performed by a local vendor. Meanwhile, sandstone panels from the external façade of the Pacific Place Mall were replaced after over 10 years of service. These were transformed into reconstituted stone benches and tables with all suppliers being local companies. The project is an excellent example of closed-loop recycling and is a ground-breaking project for WPC usage in Hong Kong, since all the recycling, reconstitution and fabrication processes took place locally. We seek to incorporate sustainability into every facet of our business and establish long-term cooperative relationships with green supply chain partners, together transitioning to a low-carbon economy. For more details, please refer to the project mini-site here. SUSTAINABLE DEVELOPMENT REPORT 2022 133

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