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 Two Taikoo Place – Decarbonisation Strategy along the Building Lifecycle Swire Properties’ latest development, Two Taikoo Place, showcases our most recent low-carbon building development strategies. A whole-lifecycle carbon management approach was adopted by the project team to identify opportunities to reduce emissions spanning the demolition stage, design stage, construction stage and operations stage. In 2022, we completed a cradle-to-site carbon footprint calculation for Two Taikoo Place, showing that the upfront carbon emissions of Two Taikoo Place were 76,783 tonnes of CO e and 2 643.2 kg of CO e per square metre construction 2 floor area³³. Similar to One Taikoo Place, the major carbon emission hotspots came from embodied carbon from concrete, rebar and structural steel, broke down as follows: Breakdown of Two Taikoo Place upfront embodied carbon emissions Scope 1 - Rebar & Structural steel: Direct Emissions 54% (Fuels):