Swire Properties

Swire Properties reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 199 Kt (-17 /-8.1% y-o-y).

Swire Properties's Scope 3 emissions was up at 328 Kt (+38/+13% y-o-y). The parameter has been fairly volatile.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Swire Properties also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Property developer, owner, and operator Swire Properties Limited commits to reduce absolute scope 1 and 2 GHG emissions 25% by 2025 from a 2019 base year, and 46% by 2030 from a 2019 base year. Swire Properties Limited also commits to reduce scope 3 GHG emissions from downstream leased assets 28% per square meter by 2030 from a 2018 base year, and scope 3 GHG emissions from capital goods 25% per square meter by 2030 from a 2016-2018 base year. *The targetboundary includes biogenic emissions and removals from bioenergy feedstocks.