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 Scope 3 Emissions by Category Other Categories : 14.1% Category 1 : Purchased Goods and Services 23.0% Category 2 : Capital Goods Category 13 : 18.1% Downstream Leased Assets 30.7% Category 11 : Use of Sold Products 14.1% Category 1’s contribution to our total scope 3 emissions increased from 15.9% in 2021 to 23.0% in 2022. The increase was mainly attributed to the upfront embodied carbon of procured construction materials and on-site energy use during the construction stage at The River and EIGHT STAR STREET, our latest residential development in Vietnam and Hong Kong. The operational carbon associated with residential building was reported under Category 11 - Use of Sold Products. For further information on the lifecycle carbon emissions of the EIGHT STAR STREET project, please click here. The disclosure of our Scope 3 emissions is included in this report and presents a more holistic view of the Company’s carbon footprint along the value chain. This data has been included in our SD Report since 2020 – please refer to Performance Data Summary for details. While Swire Properties may have limited influence or control over some of our Scope 3 emissions categories, we will continuously monitor these emissions and seek opportunities to influence, particularly if they begin to represent an increasing portion of our total carbon footprint. SUSTAINABLE DEVELOPMENT REPORT 2022 169
Sustainable Development Report 2022 Page 169 Page 171