Mr Patrick Ho, Swire Properties’ Deputy Head, Sustainable Development, is responsible for formulating and executing a corporate-wide sustainable development strategy for the Company’s global operations to achieve its sustainability vision. Through engaging stakeholders, setting targets and developing corresponding action plans, he leads a team to manage the full spectrum of the Company’s environmental, social and economic impact and to integrate sustainability into every facet of Swire Properties’ business.
In his role, Patrick works with senior leaders within the Company to establish the 1.5°C science-based targets (SBT) to align with the pathway of limiting global warming to 1.5°C, and to reach net-zero emissions by 2050. He also worked on developing the Green Finance Framework for Swire Properties’ first US$500 million green bond and HK$500 million sustainability-linked loan, responding to emerging areas of sustainability such as Climate-related Financial Disclosures aligned with TCFD, embodied carbon emissions analysis for new development projects, and a strategic assessment of the climate-related physical and transition risks and opportunities under various future climate scenarios.
Patrick also led Swire Properties maintains its top listings on several global and regional sustainability indices and benchmarks– the Dow Jones Sustainability World Index (7th globally, 1st in Asia in 2021), Global Real Estate Sustainability Benchmark (GRESB, Global Sector Leader in Mixed Use Developments for 5th consecutive year), MSCI ESG Ratings(highest “AAA” for 4th consecutive year) and Hang Seng Corporate Sustainability Index (No. 1 in Hong Kong for 4th consecutive year).
Patrick is a Chartered Environmentalist, a Chartered Member of the Chartered Institution of Water and Environmental Management (CIWEM) and a Certified Carbon Auditor Professional. He was also involved in the project taskforce to develop and launch WorldGBC’s Asia Pacific Embodied Carbon Primer.
Swire Properties is a leading developer, owner and operator of mixed-use, principally commercial, properties in Hong Kong and the Chinese Mainland, with a record of creating long-term value by transforming urban areas
Founded in Hong Kong in 1972, the Company is listed on the Main Board of the Stock Exchange of Hong Kong and, with its subsidiaries, employs around 5,000 people. The Company’s shopping malls are home to more than 2,000 retail outlets. Its offices house a working population estimated to exceed 70,000.
The Company’s investment portfolio in Hong Kong comprises Taikoo Place, Pacific Place and Cityplaza. In the Chinese Mainland, the Company has six major commercial projects in operation in Beijing, Guangzhou, Chengdu and Shanghai. The Company has interests in the high-quality residential markets in Hong Kong, Indonesia, Vietnam and Miami in the U.S.A. Swire Hotels develops and manages hotels in Hong Kong and the Chinese Mainland and in Miami in the U.S.A.
In 2016, Swire Properties introduced its Sustainable Development (SD) vision and launched its SD 2030 Strategy, which details the approach to managing the Company’s environmental, social and governance (ESG) performance over time and sets out a number of ambitious targets.
For details of Swire Properties’ SD 2030 Strategy, please visit https://www.swireproperties.com/en/sustainable-development.aspx. To read Swire Properties’ latest SD Report, please visit https://sd.swireproperties.com/2020/en