Challenge: Reduce freshwater consumption in AC cooling towers

Headquartered in Hong Kong, Swire Properties is a leading developer, owner, and operator of mixed-use, principally commercial, properties in Hong Kong and the Chinese mainland, with a presence in Miami, U.S.A. We also have established offices in Singapore, Indonesia, and Vietnam. In 2021, total gross floor area attributable to the Group was 30.7 million square feet including retail, offices, hotels, restaurants, and mixed-used properties.

To achieve its sustainability goals, Swire Properties is now seeking solutions to optimize freshwater consumption of AC cooling tower operations in their buildings without compromising cooling tower performance. Find out more

What You Need to Know

The Challenge

To optimize freshwater consumption in AC cooling tower operations without compromising performance.

To move towards Swire Group’s water neutrality goal by 2050, Swire Properties is seeking to reduce the freshwater consumption of building air-conditioning cooling systems, which account for approx. 30% of the total freshwater (make-up) consumption across the Hong Kong and Chinese Mainland portfolios.

Solutions include, but are not limited to: water vapor capture and plume abatement technologies (building scale, not industry-scale), control systems/real-time monitoring of cooling tower systems, and advanced water recapture systems for re-use in a cooling tower. Apply Now

The Opportunity

Swire Pacific’s Sustainable Development Fund, an annual HK$100 million fund, seeks primarily to fund proof of concept pilots of innovative technologies and approaches that, when scaled up more widely within the group’s various operations, have the potential to significantly positively impact environmental performance of operating companies.

The innovator chosen for a pilot project aimed at solving the challenge presented here, will be awarded full funding for that pilot. If results are successful, this partner may have the opportunity to scale their solution across the operating company’s operations and, where applicable, across Swire’s portfolio of companies in Property, Aviation, Beverages, Marine Services and Trading & Industrial.


  • Application Open:  25 May 2022  Apply Now
  • Application Close: 8 July 2022
  • Shortlist Selection : 22 July 2022
  • Finalists Pitch (virtually): 1 Aug – 12 Aug 2022

Find out more about the fund and the selection criteria

Questions? Contact us


About Swire Pacific

Swire Pacific is a Hong Kong based international conglomerate with a diversified portfolio of market leading businesses. The Company has a long history in Greater China, where the name Swire or 太古 has been established for over 150 years.

Our aims are to deliver sustainable growth in shareholder value, achieved through sound returns on equity over the long term, and to return value to shareholders through sustainable growth in ordinary dividends.