MENU PLACES PEOPLE PAPARRTTNNEERRSS PERFORMANCE PERFORMANCE (ENVIRONMENT) (ECONOMIC) Partners 2022 Progress Suppliers Tenants Customers Residential Owners, Occupiers and Serviced Apartment Residents Our SD 2030 Strategy focuses on working with all our partners to achieve our SD objectives, including suppliers, tenants, customers, residential owners and occupiers, as well as governments, NGOs and joint venture partners. 2022 Progress With 24 representatives from different functions within the Company, the composition of our Partners Working Group reflects our commitment to engaging with as many partners as possible, including local partners in all places where we have a significant presence. In 2022, we conducted a review of our Supplier Code of Conduct (“SCoC”) to ensure alignment with global best practices in terms of supply chain working conditions, fair and respectful treatment of employees and business ethics that are material to the business of Swire Properties. We continued to work closely with our partners and began making progress towards our 2025 and 2030 KPIs. Our progress this year is summarised in the table below. Progress Summary Table Suppliers Monitoring (Compliance) 2025 KPI Progress Updates in 2022 • Maintain 100% implementation of • It is now standard practice to require the SCoC in all portfolios that all suppliers in Hong Kong, Chinese Mainland and Miami, U.S.A. comply with the SCoC. • In 2022, we conducted an annual supply chain risks assessment of over 300 of our Tier-1 suppliers. Driving Impact 2025 KPI Progress Updates in 2022 • 25% of products and services • In 2022, 17% of the products and purchased for wholly-owned new and services purchased were sustainable. existing investment portfolios shall be sustainable SUSTAINABLE DEVELOPMENT REPORT 2022 125