11 Aug 2022
Media:
Shenzhen Economic Daily
Futian District and Swire Properties sign strategic cooperation framework agreement to jointly promote consumtion upgrade in the business district
At the 2022 Boao Real Estate Forum, Richard Hui, Director of Technical Services & Sustainable Development (Chinese Mainland) at Swire Properties, said Swire Properties has a vision of becoming the leading sustainable development performer in the industry globally by 2030 and achieve carbon neutrality before 2050. He also shared that the Company has adopted a sustainable development concept instead of the ESG, and that governance is the most challenging part of ESG.
Hui revealed that about 40% of Swire Properties' bonds and loans were from green finance as of 31 May 2022. In 2022, Swire Properties completed three sustainability-linked loans and raised RMB 3 billion. By 2025, at least 50% of bonds and loans will be from green finance, and by 2030, the proportion will rise to 80%.
Media:
Shenzhen Economic Daily
Shenzhen Economic Daily
11 Aug 2022