Fostering sustainable growth

Fostering sustainable growth
In August, Swire Properties signed a five-year HK$1 billion Green Loan Facility with Singapore-based Oversea-Chinese Banking Corporation ("OCBC) Bank. The partnership reflects the developer's ongoing efforts to implement green initiatives at its properties around the world and to drive green financing in the real estate industry. As part of Swire Properties' Sustainable Development (SD) 2030 Strategy, the loan will fund ongoing green building developments and allow Swire Properties to adopt the latest environmentally friendly technologies, enabling further savings in energy and reductions in water usage and waste.

One of the developments that will benefit from the partnership is Two Taikoo Place - Swire Properties' new triple Grade-A office tower, which is set to launch in 2022. The building has incorporated many green features in its design and has already earned triple platinum WELL, BEAM Plus and LEED pre-certification.

Last year, Swire Properties became the first company in Hong Kong to launch a sustainability-linked loan against its year-on-year environmental, social and governance (ESG) performance improvement targets. In 2018, the company issued its first green bond, which was the first in the city to obtain Green Finance Certification from the Hong Kong Quality Assurance Agency.
Building a greener world

Building a greener world

Fostering sustainable growth

Fostering sustainable growth

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