MENU PLACES PEOPLE PAPARRTTNNEERRSS PERFORMANCE PERFORMANCE (ENVIRONMENT) (ECONOMIC) Partners 2022 Progress Suppliers Tenants Customers Residential Owners, Occupiers and Serviced Apartment Residents Tenant Engagement Environment The Green Performance Pledge Builds Momentum Officially launched in July 2022 in Hong Kong, the Green Performance Pledge (“GPP”) is a performance-based landlord-tenant partnership. Building on the basic premise of a green lease, the GPP covers the entire tenancy cycle in two core areas, fit-out and operation, focusing on creating a significant impact in terms of energy, water and waste reduction. This performance- based programme gives users access to an array of “green tools” and enhances tenant-landlord collaboration. From the launch of the GPP pilot in August 2021 until 31 December 2022, 52 office tenants – representing 37.9% of occupied lettable floor area from the Company’s Hong Kong office portfolio (over 2.5 million sq ft) – signed up. Participants are from Taikoo Place, Pacific Place and One Citygate, and span a wide range of industries including banking and finance, legal, information technology and consumer brands. The GPP pilot also launched in our Chinese Mainland portfolio in December 2022. Swire Properties aims to engage 50%1³ of office tenants in Hong Kong and the Chinese Mainland in the GPP by 2025. For new tenants fitting out their premises, or for existing tenants planning a renovation, the GPP includes a set of “SD Fit-out Technical Guidelines”. Featuring user-friendly templates, the guidelines cover office design tips, as well as a validation and recognition system to improve energy and water efficiency, reduce waste and enhance employee wellness. Under the operations portion, tenants can make use of various tools and methods of support available to guide them while they improve the sustainability of their operations. Highlights include performance benchmarking and action planning, data sharing, tailored SD offerings including free energy audits and smart water meters, access to pioneering green technologies such as Hong Kong’s first smart waste reduction monitoring system, networking opportunities, and recognition for exemplary environmental performance. By encouraging tenants to elevate their SD performance, the GPP is also helping the Company meet its Scope 3 emissions reduction target of 28% per sqm for tenants by 2030 (against a 2018 baseline) under the science-based targets. 1³ Measured by occupied lettable floor area (“LFA”) of office portfolios at 100% basis comprising of Taikoo Place and Pacific Place in Hong Kong and Taikoo Hui Guangzhou. SUSTAINABLE DEVELOPMENT REPORT 2022 140
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