In August last year, Swire Properties launched a pilot Green Performance Pledge (GPP) programme for office tenants, as part of its Sustainable Development (SD) 2030 Strategy and longstanding commitment to fighting climate change. Building on the premise of a “green” lease, the GPP covers the entire tenancy cycle from fit-out to operations, focusing especially on energy, water, and waste reduction. In its first year of operations, over 30 tenants have signed the Pledge, spanning a range of sectors from banking and finance, to legal, IT and consumer brands. The performance-based programme gives users access to a multitude of “green” tools, including comprehensive SD Fit-out Technical Guidelines, Hong Kong’s first smart waste reduction programme, smart water meters and tailored free energy audits, as well as performance benchmarking, data sharing and networking opportunities. The GPP is being piloted in the company’s Chinese Mainland portfolio this year and Swire Properties aims to engage 50% of office tenants in Hong Kong and the Chinese Mainland by 2025.
