Sustainability is close to our hearts at Swire Properties. Since we launched our Sustainable Development (SD) 2030 Strategy in 2016, we’ve been working closely with different partners on several programmes to build a more sustainable community together. This time, we’re glad to have DBS Bank on board to create The Loop at One Island East – it’s an innovative experiment, and it takes an open-minded company that also shares the same dedication to creating a better tomorrow to succeed.
We’re also very happy to be a part of this incredible project, Priscilla! We do share the same vision of achieving a low carbon future, and it also aligns with our sustainability pillars of responsible business practices and creating social impact. This project is a great way to raise awareness about a critical issue: Towards Zero Food Waste.
Food waste accounts for 30 per cent of Hong Kong’s municipal solid waste. When we waste food, we also waste all the energy and water it takes to grow, harvest, transport, and package it. So, around a year ago, we started brainstorming ideas about setting up an urban farm with Taikoo Place to close the food waste loop to address this issue.
The farm was finally launched this summer – just above our office at One Island East. By the end of this year, we’ll also revamp the process of upcycling food waste, which I really look forward to. With Swire Properties’ support, we will be converting the food waste collected from our office at OIE into compost to nourish crops grown at the urban farm. This action will contribute to DBS’ target of achieving net-zero operational carbon emissions across the bank by 2022.
Priscilla, I hear The Loop at One Island East is the highest urban farm in Hong Kong, isn’t it?
Yes, Amy, it sits at 300m above ground, which means everything had to be designed carefully to work, as the rooftop was originally meant for building maintenance. We had gone through research and feasibility studies to review the site condition, sunlight consideration and operation model before setting it up. In addition to our technical and building management team, Rooftop Republic, a local social enterprise supported by DBS Foundation, was also on hand to provide their professional knowledge and services throughout the process. Teamwork is key to the success of this project!