Swire Pacific and Swire Properties are among nine Hong Kong companies that have committed to the Task Force on Nature-related Financial Disclosures ("TNFD"). The framework requires adopters to start making TNFD-aligned disclosures on nature-related impacts, dependencies and risks in their corporate reporting by financial year 2024 (or earlier). Swire Properties is the only Hong Kong-based real estate sector member of the 40-member Taskforce that developed the TNFD framework, and was among the 320 international companies who joined the inaugural TNFD Early Adopter Programme to pilot its implementation in 2023. TNFD disclosures are increasingly demanded by investors and the move is in line with Swire Pacific's Biodiversity Policy and the SwireTHRIVE 2030 and 2050 commitments to Net Zero Emissions, Zero Waste to Landfill, and Water Neutrality. The commitment to TNFD will help to further embed these considerations in the companies' long-term strategic planning, fostering resilience for their businesses and the communities they serve.
