PLACES IMPACT REPORT THE LOOP Understanding the ultimate impact of the places we develop and The Loop at Devon House in Taikoo Place and The Loop at INDIGO in manage on people and the environment is crucial to our long-term Beijing are our sustainable development exhibition centres and their decision making. In 2020, we released our first Places Impact Report, community engagement and urban farm concept has been extended focusing on Hong Kong’s Island East – an area in which Swire has to other properties across Hong Kong, including One Island East, One invested for 135 years – addressing the question “What makes a great Pacific Place, Citygate Outlets and South Island Place. place?”. Examining both the tangible and intangible attributes of Taikoo Place and the following year, Taikoo Li Sanlitun, where our second These interactive spaces aim to increase environmental awareness report was published in conjunction with Tsinghua University’s Lab for and encourage tenants and the wider community to “close the loop” Architectural Programming and Post-Occupancy Evaluation. Assessing by incorporating sustainable practices into their business operations how Swire Properties’ placemaking and placekeeping efforts have had and everyday lives. a positive impact on the neighbourhood in Beijing’s Chaoyang District and surrounding area over the past 12 years, it applies the “Places GHG ENERGY USE Impact Framework” to explore the four dimensions of place – Vibrancy, ^ Livelihood, Wellbeing and Resilience. The Tsinghua team’s academic EMISSIONS INTENSITY research highlighted how Swire Properties’ continued investment in Taikoo Hui in Guangzhou & both hardware and software, as well as the multi-layered placemaking Sino-Ocean Taikoo Li and placekeeping elements, have contributed to Taikoo Li Sanlitun’s Chengdu became powered by Hong Kong Portfolio resilience, intrigue and continued impact. This comprehensive and 100% # innovative approach to assessing our developments has broadened how we define success, and will inform and enhance our work in renewable electricity 7% the future. Absolute GHG emissions (Scope 1 and Scope 2): Chinese Mainland Portfolio Island East and Taikoo Place Places Impact Report * # 23% 3% Taikoo Li Sanlitun Places Impact Report Value chain GHG emissions (Scope 3 - Downstream Leased Assets): TENANT PARTNERSHIPS 34.6% We ensure that our tenants and building occupants are stakeholders in sustainability, with policies that engage and encourage office, retail and residential users to join our SD initiatives. These include the *Compared with the 2019 baseline. Hong Kong Green Shop Alliance, the Green Kitchen Initiative and our ^The 2025 KPIs under Energy Reduction have been updated per our approved Sustainability Fit-out Guide for Tenants. 1.5°C-aligned SBTs (compared to the 2019 baseline). Energy consumption refers to purchased electricity for the provision of shared services for and in the common parts of our buildings. #Hong Kong portfolio and Chinese Mainland portfolio refer to our office and retail portfolios and hotels in Hong Kong and the Chinese Mainland respectively. SWIRE PROPERTIES PAGE 31