- 11% increase in total Swire Pacific climate footprint in FY23 due to business recovery from COVID-19 and expansion of Swire Coca-Cola into new markets
- Limited availability of renewable energy in our markets
- Challenges in decarbonising the carbon-intensive aviation sector
Swire Pacific Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Swire Pacific Limited disclosed greenhouse gas emissions of 723 thousand tonnes of CO2e. By scope: Scope 1: 10.4 thousand tonnes CO2e; Scope 2: 183 thousand tonnes CO2e; Scope 3: 10.5K thousand tonnes CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
723 thousand tonnes of CO2e
2023
Renewable Energy
20.5%
of total energy
Water Usage
20.9 million cubic metres
2023
Waste
91.1K tonnes
2023
Energy Use
1.0K million kilowatt-hours
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 10.4 thousand tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 183 thousand tonnes CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 10.5K thousand tonnes CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 723 thousand tonnes of CO2e |
| 2020 | 8.4M tonnes CO2e |
| 2019 | 19.3 million tonnes of CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 30% reduction in scope 1 and 2 emissions against a 2018 baseline
- 20.5% of total electricity used by the Group generated from renewable sources
- 61% of waste diverted from landfill in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute scope 1 and 2 GHG emissions by 25% by 2025 (Swire Properties)
- Reduce scope 3 GHG emissions from downstream leased assets by 28% per sqm by 2030 (Swire Properties)
- Reduce scope 3 GHG emissions from capital goods by 25% per sqm by 2030 (Swire Properties)
- Reduce carbon emissions by 70% in core operations (scope 1 and 2) by 2030 (Swire Coca-Cola)
- Reduce carbon emissions by 30% from value chain (scope 1, 2 and 3) by 2030 (Swire Coca-Cola)
📅 Medium-term
- Achieve 10% SAF consumption by 2030 (Cathay Pacific)
- Reduce water use by 30% by 2030 (compared to a 2018 frozen efficiency baseline)
🔭 Long-term
- Net zero emissions by 2050
- Water neutrality by 2050
- Zero waste to landfill by 2050
🌱 ESG Focus Areas
ClimateWasteWaterPeopleCommunities