Sustainability Report 2025
About This Report

Stakeholder Engagement

Understanding the needs and concerns of our stakeholders guides the Group’s approach to sustainability and shapes our future actions. We define stakeholders as those who have an interest in or are concerned about our business and operations. At the Group level, our key stakeholders are our shareholders, investors and providers of capital. Our operating companies’ stakeholders are those with which they interact.

Our sustainability strategy was developed by gathering targeted feedback from selected stakeholder groups. We engaged with experts from academia, financial institutions, peer companies, and civil society through focus group discussion and one-on-one interviews. Our sustainability strategy is endorsed by the Swire Pacific Board.

Strategic Engagement

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.

Organisation / Division

Membership

Focus

Swire Pacific

Accounting for Sustainability (A4S)

  • CFO Leadership Network Asia Pacific Chapter Member

Integrating sustainability within the finance function and accelerating sustainable value creation.

World Business Council For Sustainable Development (WBCSD)

  • Enhanced Member

Driving sustainable development and addressing environmental and social challenges through collaboration and innovation.

BSR

  • Member

Building a just and sustainable world by providing advisory services, collaborative initiatives, and research on sustainable business practices.

GRI

  • Member

Providing global common language to communicate businesses' impacts on sustainability.

Business Environment Council (BEC)

  • Council Member

Advising businesses on best practices in environmental management.

United Nations Global Compact (UNGC)

  • Signatory

Encouraging businesses to align their strategies and operations with 10 universal principles related to human rights, labour, environment and anti-corruption, and contributing to the achievement of the UN Sustainable Development Goals.

Property

Hong Kong Green Building Council

  • Platinum Patron Member

Promoting standards and developments of sustainable buildings.

World Green Building Council

  • Member of Corporate Advisory Board

Advocating for sustainable and green building practices worldwide.

The Real Estate Developers Association of Hong Kong

  • Board of Directors

  • Executive Committee Member

  • Planning Environment and Lands Sub-Committee

Promoting and represent the interests of real estate developers in Hong Kong.

Beverages

Drink Without Waste

  • Charter

Promoting responsible consumption and reducing waste in the beverage industry.

Ellen MacArthur Foundation

  • Member

Accelerating the transition to a circular economy.

American Beverage Association

  • Corporate member

  • Executive Board Member

Lobbying on waste reduction and other issues.

Aviation

Aeronautical Repair Station Association (ARSA)

  • Corporate enterprise member (HAECO)

Promoting laws and regulations that establish reasonable aviation safety standards.

Hong Kong Sustainable Aviation Fuel Coalition

  • Co-initiator (Cathay Pacific)

Accelerating SAF production, adoption and policy support in Hong Kong and the region.

International Air Transport Association (IATA)

  • Member and Vice Chair of Sustainability and Environment Advisory Council (Cathay Pacific)

Advising the IATA Board and Director General on matters related to the sustainable development of aviation and its impact on the environment.

Stakeholder views