Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Fair labour treatment
• Supply chain management
• Community investment
• Protection of private information and intellectual property rights
• Prevention of bribery, extortion, fraud and money laundering
• Good corporate governance

Environmental Achievements

• Implemented policies to conserve energy, paper, and recycle and reuse office supplies
• Considered the possible environmental impacts of property projects when providing consultancy services

Social Achievements

• Established personnel management rules and regulations in accordance with laws and regulations relating to human resources
• Provided various benefits including performance-related fee, employee insurance, travelling and food allowance and housing allowance
• Provided induction training, executive training and professional training to enhance management skills and expertise
• Organized social gathering events to facilitate communication and interaction among staffs

Governance Achievements

• Committed to abide by the laws and regulations of the country, adopt appropriate corporate governance practices that satisfy our business needs and act under the principles of fairness and integrity
• Established a reporting mechanism for forged documents, illegal change of records, embezzlement of corporate properties for own benefits or engagement of any corruption activities
• Required every new staff to receive training on anti-corruption and signs company-employee integrity assurance letter

Climate Goals & Targets

Environmental Challenges

• Intensified competition within the property agency business due to tightened government policies in first and second-tier cities
• Market divergence nationwide due to the implementation of some inhibitive policies in the first and second-tier cities

Mitigation Strategies

• Paid attention to both the development of domestic market and expansion of overseas market, especially the countries in the “One Belt One Road” regions
• Examined conditions in Southeast Asia and Euramerican countries and secured some sales agency service projects
• Performed data analysis on domestic high net worth individuals and maintained customer relationships
• Strive to cut operating expenses by strengthening budget management and cost control, as well as to strictly control its cash flow

Supply Chain Management

Responsible Procurement

• Code of conduct for suppliers
• Letter of undertaking from suppliers covering compliance with laws, environmental obligations, anti-corruption, intellectual property rights, and quality standards

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Environmental, Social and Governance Reporting Guide (ESG Guide), Appendix 27 of the the Rules Governing the Listing of Securities on the Stock Exchange