Swire Properties and the Building Energy Research Centre at Tsinghua University have set up a Building Energy Efficiency Research Fund. Swire Properties says it will provide initial funding of not less than HK$1million a year over the next three years for research on building energy efficiency. Researchers from Tsinghua University will provide on-site energy consumption monitoring, analysis and research on Swire's commercial buildings with the aim of further reducing energy consumption and carbon dioxide emissions. Stephen Fong, general manager of Swire Properties, says: 'Energy efficiency is a core element of sustainable development, while the establishment of the fund enables the exchange of ideas between academic and business fields on the topic. 'Swire Properties is constantly dedicated to environmental protection, placing emphasis on every detail, from project design, construction technologies and methods, property management upon project completion, to energy efficiency throughout the life cycle of the buildings,' says Mr Fong. 'We hope our collaboration can help arouse further awareness of building [energy] efficiency in the industry.' Aside from conducting energy efficiency research in Swire Properties' portfolio, it is hoped that a series of codes of practice, energy-saving standards and operational guidelines, and training materials for property management professionals can be developed. Both parties hope to share their findings with the academic and business sectors in both mainland China and Hong Kong through various seminars and research publications.