MENU PLACES PEOPLE PARTNERS PERFORMANCE PEPERFORFORRMMAANNCCEE (ENVIRONMENT) ((EECCONOONOMMIICC)) Performance (Economic) 2022 Progress Corporate Governance Risk Management and Internal Controls Green Financing Investor Relations Green and Sustainability-Linked Financing In 2022, nine sustainability-linked loan facilities totalling HKD11.8 billion were arranged. As of 31 December 2022, approximately 60% of our current bond and loan facilities came from green financing. Swire Properties has received a reduction in the interest rates for our signed sustainability-linked loans by achieving predetermined sustainability-linked performance targets. Swire Pacific SD Fund Accelerates SD Projects Swire Properties continues to receive financing from the Swire Pacific SD Fund (“SD Fund”), which was established to support and accelerate SD projects to improve sustainability performance through innovative technologies. Several projects applied for the SD Fund in 2022, these included: • Swire Hotels’ Cloud-based Smart Energy Management Platform. • Water treatment technology for cooling towers designed to reduce water and electricity consumption. • Smart personalised air conditioning controls to enhance personal thermal comfort in offices thus reducing cooling demand and lowering electricity consumption. SUSTAINABLE DEVELOPMENT REPORT 2022 257
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