SPO, in common with its parent company, Swire Pacific Limited, takes a long term view of its business and believes in operating safely, professionally, responsibly and sustainably to meet the needs of our present stakeholders without compromising the needs of our stakeholders to come in the future. Long-term value creation for our shareholders also depends on the sustainability of our businesses and the communities in which we operate.
SPO continues to seek to strategically plan, manage and operate its business in the most sustainable way by meeting or exceeding all legal requirements. That means that we will:
Safeguard the health and safety of all our stakeholders, as far as reasonably practicable, in all our operations;
Be a good steward of the natural resources and biodiversity under our influence and ensure that all potential adverse impacts of our operations on the environment are identified and appropriately managed;
Strive to be an employer of choice by providing a diverse environment in which all employees are treated fairly and with respect and can realize their full potential;
Favour suppliers and contractors who promote sustainable development in their operations;
Encourage the responsible use of our services by our customers and consumers;
Promote good relationships with the communities that we impact and enhance their capabilities while respecting peoples’ culture and heritage.
On 24th March 2012 the SPO Executive Committee reviewed and re-adopted the Sustainable Development Policy in addition to the Environmental Protection Policy.
In its Annual Sustainable Development Reports, SPO details all its business policies, processes, operations and achievements in an open, transparent and independently audited way as we firmly believe that transparency about the sustainability of our activities is of interest to our diverse range of stakeholders, including shareholders, investors, employees, regulators, clients, suppliers, NGOs and others.
We wish to excel as corporate citizens and will work with others to promote and lead sustainable development in the industries in which we operate. We will also encourage and empower SPO’s staff to be proactive on sustainable development matters at work and in the community.
We report all of our operations annually, in accordance with the GRI Framework. See SD reports.