Our strategic ambition and the achievement of our sustainability-related targets requires our operating companies to engage with their stakeholders to facilitate the delivery of solutions to shared challenges. At the Group level we aim to help our companies by engaging with organisations that work towards creating an enabling policy environment.
Representatives from Swire Pacific and our operating companies are members of sustainability related organisations and trade associations. When relevant, we support the public positions of these organisations on topics that align with our ambitions, for example, the BEC Net-zero Carbon Charter in Hong Kong. When joining climate-related charters or initiatives, we ensure they are aligned with the Paris Agreement, and consistent with the planned decarbonisation pathways of Swire Pacific and our operating companies. We are a signatory of the United Nations Global Compact (UNGC). A table of the Group's strategic external initiatives, charters and memberships is provided in this section of the report.
Swire Properties engages with industry bodies on sustainable building design and standard setting. It engages office, retail and food and beverage tenants through various tailored initiatives focused on environmental performance.
Swire Coca-Cola is actively involved with The Coca-Cola Company network, with multi-stakeholder initiatives including the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment, and with local initiatives such as Drink Without Waste in Hong Kong. Through these initiatives, Swire Coca-Cola is supporting transition to a circular system that minimises waste generation and associated carbon emissions reduction, and is working to replenish watersheds.
HAECO works with local partners where it operates to achieve common goals. This includes supporting the Airport Authority Hong Kong's 2050 Net Zero Carbon Pledge and working with suppliers in pursuit of a low impact and highly sustainable supply chain.
The Cathay group actively participates in International Air Transport Association (IATA) initiatives, including data standards, industry-wide safety and security programs and sustainability. It leads and participates in sustainable aviation fuel (SAF) focused programmes and partnerships that bring together airlines, fuel suppliers, and customers to scale SAF adoption. This includes the Hong Kong Sustainable Aviation Fuel Coalition – an industry coalition convened to advance SAF adoption in Hong Kong, co-initiated and led by Business Environment Council (BEC) with Cathay Pacific as a founding partner. The Cathay group engages with Hong Kong International Airport’s sustainability and decarbonisation initiatives, aligning with airport-level targets on emissions, waste reduction, and circularity.