Developer endorses global warming campaign commitment

Finance | 15 Jul 2021 7:38 pm

Swire Properties (1972) joins global initiatives to limit global warming to 1.5°C.

The developer joined the Business Ambition for 1.5°C campaign, which is believed to be the first real estate developer in Hong Kong and the mainland to endorse this commitment.

Elizabeth Kok, the director and senior advisor of Swire Properties, said all projects have achieved the highest ratings of green building certification in 2020. She said 97 percent of Swire's existing buildings are certified green buildings, of which 84 percent have achieved the highest ratings.

Swire Properties is the only one in Hong Kong to be listed in the Dow Jones Sustainability World Index for the fourth consecutive year, and ranked among the top 5 percent of the world in 2020. In which, two of its building, including Taikoo Hui in Guangzhou and Sino-Ocean Taikoo Li in Chengdu, are now powered by 100 percent renewable electricity.

In Hong Kong, the developer is also the first to adopt a tri-generation system for its One Taikoo Place project, in which a bio-diesel generator and absorption chiller are used to provide over 500,000 kWh of renewable energy.

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