Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Employment and Labour Standards
• Operation Practices
• Community

Environmental Achievements

• Strengthened energy saving, emission reduction and waste reduction in various aspects of its production process.
• Instilled the concept of green-building into the products and gained the certification of green building materials and products.
• Implemented ‘Green’ office, ‘Green’ material and ‘Green’ filing management.
• Established a sewage treatment plant in the factory for treating chemicals to meet the environmental standard before discharging to municipal sewage pipe network.

Social Achievements

• Improved the Company’s training management system, actively organizing 4-level education and trainings.
• Organized a wide array of staff activities including badminton contest, ping pong contest and Yuanda Marathon.
• Provided proper disease prevention equipment to all staff.
• Reached a long-term cooperation agreement with specialized medical institutions for staff medical check-up and examination.

Governance Achievements

• Improved intellectual property management, application and core competitiveness by adopting the GB/T 29490-2013 enterprise intellectual property management standards.
• Implemented an anti-fraud policy as well as a whistle-blowing policy.

Climate Goals & Targets

Environmental Challenges

• Frequent extreme weather impacting business operations and supply chain.
• Technology transformation risks related to green building investments and supply chain support.
• Disposal of factory building in Chengdu resulting in less carbon dioxide absorbed by green plants in 2021 compared to 2020.

Mitigation Strategies

• Comprehensive energy audit to analyze energy management and suggest improvements.
• Effectively operating the Environmental Management System ISO14001:2015.
• Implemented “Safe, saving energy and reducing consumption” management.
• Comprehensive non-hazardous treatment and re-utilisation system to recycle and re-use waste.

Supply Chain Management

Supplier Audits: Annual assessment of suppliers and subcontractors based on services, product quality, safety, and financial performance.

Responsible Procurement

• Considering suppliers’ historical performance in social responsibility, environmental management system, and safety management system.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather damages projects under construction or completed projects.

Transition Risks

• Peers increase investment in green buildings, existing inventories face the risk of being replaced.

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 of the Listing Rules)

Certifications: ISO 14001:2015, GB/T45001-2021OHSAS45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Develops a variety of products with functions such as environmental protection, energy saving and intelligent control.

Awards & Recognition

• Luban Prize for construction project for 2020-2021

Environmental Metrics

ESG Focus Areas

• Environment
• Community
• Employment and labor practices
• Operation practice

Environmental Achievements

• Strengthened energy saving, emission reduction and waste reduction in various aspects of its production process
• Implemented “Safe, saving energy and reducing consumption” management in all the operation sites
• Established a sewage treatment plant in the factory for treating chemicals

Social Achievements

• Improved the Company’s training management system, actively organized 4-level education and trainings
• Organized a wide array of staff activities including football contest, basketball contest and Yuanda Marathon
• Provided proper disease prevention equipment to all staff

Governance Achievements

• Improved intellectual property management, application and core competitiveness
• Implemented an anti-fraud policy as well as a whistle-blowing policy

Climate Goals & Targets

Environmental Challenges

• Frequent extreme weather impacting business operation and supply chain
• Technology transformation impacting business operation and supply chain

Mitigation Strategies

• Conducting preliminary scenario analysis
• Implementing energy-saving management measures to reduce greenhouse gas emissions
• Strengthening energy management and control in the production process

Supply Chain Management

Responsible Procurement

• Environmental assessment reports or guarantee of environmental protection from suppliers
• Prioritizing nearby suppliers to reduce delivery energy consumption
• Considering suppliers’ historical performance in social responsibility, environmental management system and safety management system

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather damages projects under construction or completed projects
• Affects the speed of project construction by sub-contractors
• Affects the normal supply of materials

Transition Risks

• Peers increase investment in green buildings, existing inventories face the risk of being replaced
• The supply chain is unable to support future construction requirements

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix 27 of the Listing Rules)

Certifications: ISO 14001:2015, GB/T45001-2021OHSAS45001:2018

Environmental Metrics

ESG Focus Areas

• Environment
• Community
• Employment and labor practices
• Operation convention

Environmental Achievements

• Strengthened energy saving, emission reduction and waste reduction in various aspects of its production process
• Instilled the concept of green-building into the products and gained the certification of green building materials and products
• Implemented “Safe, saving energy and reducing consumption” management in all the operation sites to regulate the behaviour of employees and lower energy consumption
• Has a comprehensive non-hazardous treatment and re-utilisation system to recycle and re-use the waste
• Removed from the closely-monitoring list for organic waste gas by environmental government authorities for optimization of production process

Social Achievements

• Improved the Company’s training management system, actively organized 4-level education and trainings
• Organized a wide array of staff activities including football contest, basketball contest and Yuanda Marathon
• Reached a long-term cooperation agreement with specialized medical institutions for staff medical check-up and examination

Governance Achievements

• Complied with the “comply or explain” provisions set out in the ESG Reporting Guide for the year ended 31 December 2023
• Established a very comprehensive supplier evaluation system
• Adopted the GB/ T 29490-2013 enterprise intellectual property management standards to improve intellectual property management

Climate Goals & Targets

Environmental Challenges

• Frequent extreme weather impacting business operation and supply chain
• Technology transformation posing risks to business operation and supply chain

Mitigation Strategies

• Conducting preliminary scenario analysis and risk assessments
• Implementing energy-saving management measures to reduce greenhouse gas emissions
• Strengthening energy management and control in the production process, and strengthening the management of commercial and transportation vehicles
• Regularly publicizing the awareness of water conservation and promoting the effective implementation of water conservation measures

Supply Chain Management

Supplier Audits: Annual assessment of suppliers and subcontractors

Responsible Procurement

• Considering suppliers’ historical performance in social responsibility, environmental management system and safety management system

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather damages projects under construction or completed projects
• Affects the speed of project construction by sub-contractors
• Affects the normal supply of materials with soaring price of construction material

Transition Risks

• Peers increase investment in green buildings, existing inventories face the risk of being replaced
• The supply chain is unable to support future construction requirements that need to deal with more severe weather conditions

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ESG Reporting Guide (Appendix C2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

Certifications: ISO 14001:2015, GB/T45001-2020/ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed