All Swire Pacific operating companies adopted the Supplier Corporate Social Responsibility ("CSR") Code of Conduct. The code sets out the standards required for our suppliers and covers regulatory compliance, forced labour, child labour, health and safety, environmental issues, compensation and working hours, human rights, subcontractor management, ethics and reporting. It offers guidelines for our operating companies to work with suppliers who share our commitment to integrity. We believe that simply making suppliers aware of the supplier CSR Code of Conduct is not enough. To ensure compliance, we use third party verification to identify high-risk suppliers and conduct spot audits as necessary. Suppliers are requested to provide clear, accurate and appropriate reporting of their progress toward achieving their sustainable development objectives.
Working with others
We advocate sustainable and ethical practices among our suppliers, customers, consumers and business partners. We aim to encourage and influence the adoption and improvement of sustainable practices within the industries and locations in which we operate. We work alongside others from our industries to develop practical solutions to environmental and social problems. In 2013, we developed a Sustainable Procurement Policy and are committed to sustainable purchasing.
The tea industry is facing a series of challenges which threaten its viability both now and in future. From environmental degradation and climate change, to competition for land and poverty, the industry faces systemic problems that no individual company can resolve on its own. Finlays and other leading stakeholders across the tea value chain thus joined together in a global collaboration, Tea 2030, to address these issues and find solutions to ensure a sustainable future for the tea industry. Facilitated by Forum for the Future, the project seeks to identify the main drivers or factors that could impact on the industry from both within and outside the sector.
In 2014 Swire Properties launched blueprint, an accelerator programme and co-working space located in Cornwall House, Hong Kong managed by the Company. blueprint provides eleven startups with working space, professional support and an extensive mentoring network. blueprint also provides a 10,000 sq ft co-working space designed to unite people around a shared interest in technology, accommodate events and encourage collaborations. Sustainability is at the heart of blueprint's planning. Working with Schneider Electric, advanced lighting and temperature controls have been installed to monitor and maximise energy efficiency. Much of the interior design features upcycled materials from the Swire group such as airline seats from Cathay Pacific and vintage Swire Coca-Cola memorabilia.