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 1. As a developer, owner and operator of mixed-use properties, Swire Properties Limited (the “Company”) is committed to managing and reducing waste effectively across its operations – from design and construction to the daily management of its buildings.

 2.  It is the policy of the Company to:
 (a) identify the impact of waste disposal from the Company’s business activities, including the daily operations of its property portfolio and construction / demolition works, and set targets to continually improve the Company’s waste management performance;  
 (b)
ensure that relevant information and resources are available for the planning, monitoring and regular review of the Company’s waste management objectives and targets;
 (c)
maintain waste management standards that meet or exceed applicable legal requirements and integrate industry best practice into its operations and services;
 (d)
engage with its employees, suppliers, tenants and other customers to minimise waste generation in their daily operations wherever practicable, through the prevention, reuse, recycling and recovery of waste;
 (e)
incorporate waste prevention considerations in its procurement process and encourage the use of recycled or up-cycled materials;
 (f)
communicate the Company's waste management policy and strategy to those with whom the Company works, including employees, suppliers, tenants and customers; and
 (g)
disclose to the public its waste management performance by providing annual updates on its progress in achieving its waste management targets.

 3. The Company will review this Waste Management Policy from time to time as appropriate, and in any event, once every three years.





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