Swire Properties: Sustainable Development Strategy (B)

In 2010, Swire Properties began facing problems in its operating environment (both internal and external), which required the company to review its approach to sustainable development. It first reviewed its progress and the current situation, including regulations, market conditions, the labor market, stakeholders’ expectations, disclosure requirements, carbon trading, and natural resources. Based on its information and analysis, the company established its future direction and strategy for and beyond 2011 to ensure that it was positioned to manage the risks and opportunities of a carbon constrained economy and the changing demands of its stakeholders. It identified seven elements as critical to its sustainable development strategy.