Swig Company LLC

05/04/2026 | Press release | Distributed by Public on 05/04/2026 14:02

The Swig Company Reduces GHG Emissions and Advances Decarbonization Strategy

The Swig Company Reduces GHG Emissions and Advances Decarbonization Strategy

May 4, 2026

The Swig Company's latest ESG report, one of the few to be published annually by a private real estate investment firm in the United States, highlights its commitment to responsible ownership. By prioritizing stewardship of its assets, the firm achieved a 33% reduction in greenhouse gas emissions across its managed property portfolio since 2018, demonstrating that its ambition to reach net zero carbon by 2040 is well within reach.

The report also indicates that energy consumption throughout the portfolio fell by 27% last year compared to a 2018 baseline. Half of the company's major properties now have asset-level decarbonization roadmaps which will help guide asset and property management teams to reach net zero goals by 2040.

Announcing the release of The Swig Company's 2025 Environmental, Social and Governance Report, President and CEO Connor Kidd said: "Last year, our sustainability strategy moved from ambition to execution, a shift that is evident in the momentum we've achieved in reducing both GHG emissions and energy usage. Looking forward, we believe we are on the way to achieving a 50% reduction in GHG emissions by 2030 and net zero carbon by 2040, as we continue to pursue strategies across both our managed and non-managed portfolio."

In addition, over half of the company's non-managed portfolio-- comprised of assets in New York City-- reduced GHG emissions completely via Renewable Energy Certificates.

The firm's seventh annual report - covering environmental, social and governance (ESG) activities at 14 managed properties which provide space to 393 commercial tenants in California and Washington - reaffirms The Swig Company's commitment to environmental and economic sustainability, pursuing net zero, and fostering diversity, equity, and inclusion despite many companies shying away from these facets of industry.

"We're leaning in to ESG because we believe focusing on these issues strengthens our organization and, most importantly, supports resilient outcomes for our tenants, partners, and communities," said Kairee Tann, Senior Vice President, Director of Innovation and Community Impact.

Key takeaways from the 2025 report include:

Environmental:

  • Decarbonization roadmaps completed for two properties, for a total of six.
  • Transitioned the Mills Building in San Francisco to 100% renewable energy, bringing the total of buildings exclusively using renewables to five.
  • 2025 Performance:
    • 27% reduction in energy consumption from 2018, with 1% reduction from 2024 to 2025.
    • 33% reduction in GHG emissions intensity from 2018, with 7% reduction from 2024 to 2025.
    • 12% reduction in water consumption from 2018, with 3% reduction from 2024 to 2025.

Social:

  • The Swig Company is an active, supportive neighbor in all of the communities where we invest. In 2025, we matched employee and board member donations to a wide range of causes, and supported our employees in volunteering for their favored causes.
  • We continued providing on-the-job experience for high school YouthBeat apprentices through photography contracts, hosted 21 students of College Track at our San Francisco headquarters, held a College Track career panel in the Boyle Heights neighborhood of Los Angeles, welcomed our first College Track intern, and hosted spring and winter markets at the Mills Building and 350 California to support budding chefs at Life Learning Academy.

Governance:

  • In 2025, we stayed informed on regulatory issues in San Francisco and California and successfully complied with the Washington State Clean Building Performance ordinance.

The ESG report is based on the Global Reporting Initiative (GRI), an industry standard framework, and our goals align with the Paris Agreement to limit global warming to 1.5 degrees Celsius.

To read the full report, visit: https://swigco.com/sustainability

About The Swig Company:

The Swig Company, LLC is a privately owned, San Francisco-based real estate operator with a 90-year history of investment, development, partnership and management of commercial real estate properties in major U.S. markets. Founded by Benjamin H. Swig in 1936, The Swig Company is guided by a long-term investment perspective that has proven adept at stewarding investors safely through multiple market cycles. The company's vertically integrated operational platform, which includes investment, asset and property management, and leasing expertise, uses flexibility, generational thinking and sensitivity to sustainable practices to stay at the forefront of emerging trends in the commercial real estate industry. For more information, visit: https://www.swigco.com.

Swig Company LLC published this content on May 04, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 04, 2026 at 20:02 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]