Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economy
• Society
• Environment
• Employees
• Supply Chain
• Culture

Environmental Achievements

• Promotion of green buildings, reducing building energy consumption
• Introduction of energy-conserving technologies in energy projects, improving energy efficiency
• Implementation of clean production technologies in coal chemical projects, reducing pollution

Social Achievements

• Donated nearly 1.7 billion RMB to society cumulatively by the end of 2012
• Established Oceanwide Foundation in 2010, promoting specialized public services
• Implemented various employee wellbeing initiatives, including health checkups, accident and supplementary medical insurance, and flexible work arrangements
• Organized various employee engagement activities, such as team building and outdoor training
• Protected the rights and interests of migrant workers, ensuring timely wage payments and safe working conditions

Governance Achievements

• Improved internal management by issuing 86 basic management regulations
• Strengthened risk management by establishing risk audit procedures and a comprehensive risk management report
• Optimized information system, improving internal communication and information management level
• Adjusted industrial layout, giving priority to financial development

Climate Goals & Targets

Environmental Challenges

• Environmental challenges due to rapid economic and social development
• Risks related to business operation in a complicated domestic and overseas environment
• Need to improve risk management and internal control

Mitigation Strategies

• Implementing green building strategy and energy-conserving technologies
• Strengthening internal management and risk control
• Adjusting industrial layout and optimizing organizational structure
• Promoting specialized public services through Oceanwide Foundation

Supply Chain Management

Responsible Procurement

• Fair, just, open, and transparent principles for supplier cooperation
• Requirement for suppliers to sign a “Fair Trade Commitment Letter”
• Emphasis on green procurement, promoting energy-saving and environment-friendly materials

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G3.1

Sustainable Products & Innovation

• Green buildings
• Energy-efficient mines
• Clean coal technologies

Awards & Recognition

• 2012 China Top 10 Charitable Enterprises
• 2012 China Entrepreneur Award for Corporate Social Responsibility
• 2012 China Most Respected Entrepreneur
• Shandong Model Building for Property Management
• National Model Building for Property Management
• Company with Creditable Quality in Beijing
• Top 10 Companies for Investment Consulting Service

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Risk Management
• Product Quality
• Environmental Protection
• Customer Service
• Employee Rights
• Partner Cooperation
• Social Welfare

Environmental Achievements

• Reduced water consumption by 2.45% year-on-year.
• 100% of solid waste delivered to qualified disposal units.
• Zero environmental and safety incidents due to chemical handling.

Social Achievements

• Oceanwide Education Aid Project: Donated 1.5 billion yuan over 5 years (2016-2020) to support 300,000 impoverished university students.
• Tongxin Guangcai Education Aid Project: Donated 29.01 million yuan over 5 years (2012-2016) to support 5,800 students.
• Oceanwide Sailing Project: Supported 356 entrepreneurial projects, creating nearly 2,000 jobs in 2016.

Governance Achievements

• Established a vertical risk management system.
• Developed an internal control management manual.
• Conducted annual comprehensive audits of subsidiaries.

Climate Goals & Targets

Environmental Challenges

• Complex and volatile market environment.
• Global economic slowdown.

Mitigation Strategies

• Adapting to changes, overcoming difficulties, and seizing opportunities.
• Accelerating transformation and achieving good operating performance.

Supply Chain Management

Responsible Procurement

• ISO 14000 environmental system certification for suppliers.
• Strict quality control on raw materials and products.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Guidelines (Version 4.0), Guidelines on Preparation of China Corporate Social Responsibility Report (Version 3.0), Guidance on Social Responsibility (ISO 26000 standard)

Awards & Recognition

• 2016 People’s Corporate Social Responsibility Award (Annual Enterprise Award)
• 2016 Outstanding People Award of China CSR
• 2016 Contribution Award under the 1st National Award of Poverty Alleviation
• Numerous other awards for CSR and philanthropy