MENU PLACES PEOPLE PARTNERS PEPERRFOFORRMMAANNCCEE PERFORMANCE ((ENENVVIIRROONNMENMENTT)) (ECONOMIC) Performance (Environment) Policies 2022 Progress Profile of Environmental Impacts Climate Change Energy Resource and Circularity Water Biodiversity Occupant Wellbeing Building/Asset Investments Smart Waste Reduction Challenge 2022 Achievements 16% 36% reduction in total waste per employee* overall waste diversion rate 91% tenants that set up customised waste performance goals achieved at least one goal *Compared between July to December 2022 and 2021 for tenants who joined the Smart Waste Reduction Challenge in both 2022 and 2021. Pilot Projects to Digitalise Waste Data for Office and Retail Tenants In 2022, Swire Properties began a smart mobile scale pilot project, in which cleaning contractors were provided with a designated smart scale to weigh and record tenants’ waste in a back-of-house area. The trial involved seven office tenants from Taikoo Place and Pacific Place, and they received online live data dashboards and monthly summary reports to understand their waste performance and improvement opportunities. In December, we began another smart waste trial to measure the waste generation and diversion rates of F&B tenants. The pilot involved five F&B tenants at Pacific Place and will provide data that will help review of the outcomes of circularity initiatives in the retail context. Extending the Useful Life of Furniture and Textiles Green Furniture Management Service A Hong Kong and industry-wide first, this year Swire Properties partnered with a provider of sustainable office fit-out and reinstatement to launch a furniture solution for Taikoo Place and Pacific Place tenants. The initiative aims to support a circular economy by significantly reducing the volume of office furniture that goes to landfill. There are few local channels in Hong Kong where used office furniture can be redistributed or reused. This service aims to bridge the gap by giving tenants exclusive access to premium and reused furniture products from around Hong Kong. Our partner stores, maintains and displays these high-quality items at a physical showroom provided by Swire Properties. Tenants can browse the full inventory and make a purchase online or book an appointment to the showroom. We have facilitated some new tenants who have obtained almost all of their office furniture through this service. SUSTAINABLE DEVELOPMENT REPORT 2022 207