Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Green Buildings
• Renewable Energy
• Resource Management
• Biodiversity
• Employee Rights
• Remuneration and Benefits
• Employee Training and Development
• Supply Chain Management
• Corporate Governance
• Risk Management
• Business Ethics
• Urban Revitalisation
• Rural Revitalisation
• Public Welfare

Environmental Achievements

• 100% compliance with green building standards in new projects
• 14.91 million square meters of newly added area meeting green building standards
• 3,572 thousand square meters of new projects using renewable energy technology
• 80% of consumables used in hospitality projects are made from 100% renewable materials
• Participation in the operation of Guangzhou Haizhu National Wetland Park

Social Achievements

• RMB 17.91 million donated to rural revitalisation, benefiting over 8,000 persons
• 291,000 units of superior quality delivered (12% year-on-year increase)
• 96% closure rate for all product and service-related complaints
• More than 32,000 workplace training sessions in production safety, benefiting more than 690,700 persons
• 100% coverage of employee safety training
• Implementation of nearly 10 TOD projects
• Completion of 109 subsidized housing projects with more than 100,000 units

Governance Achievements

• Ranked first in the industry with sales totaling RMB 422.2 billion
• A-grade in the Shanghai Stock Exchange's Information Disclosure Work Evaluation for ten consecutive years
• 100% compliance review coverage rate for significant matters in operations
• 100% coverage rate of employee business ethics training
• 100% signing rate of the Business Integrity Agreement for suppliers

Climate Goals & Targets

Environmental Challenges

• Extreme high temperatures impacting construction progress and employee health
• Typhoons causing asset damage and operational interruptions
• Stricter regulations on carbon emissions
• Technological changes requiring adaptation
• Fluctuating energy prices

Mitigation Strategies

• Reasonably scheduling construction times to avoid high-temperature periods
• Strengthening heatstroke prevention measures
• Incorporating heat insulation layers in building designs
• Closely monitoring extreme weather information
• Implementing emergency preparedness measures
• Continuously monitoring national and regional green building policies
• Implementing project low-carbon and energy-saving measures
• Actively participating in the carbon trading market

Supply Chain Management

Supplier Audits: 53,253 suppliers, 100% coverage of supplier management policy

Responsible Procurement

• Code of conduct
• Supplier sustainability requirements
• Business Integrity Agreement

Climate-Related Risks & Opportunities

Physical Risks

• Extreme high temperatures
• Typhoons

Transition Risks

• Policies and Regulations
• Technology Risks
• Carbon Pricing

Opportunities

• Green Buildings and Sustainable Urban Development
• Construction of Climate-Resilient Infrastructure
• Market and Consumer Preferences Towards Environmental Protection and Efficiency
• Energy Transition and Clean Energy Project Investment
• Green Finance and Sustainable Investment

Reporting Standards

Frameworks Used: Guidelines to the State-owned Enterprises Directly under the Central Government on Fulfilling Corporate Social Responsibilities, Corporate Social Responsibility Reporting Guide for Chinese Enterprises (CASS-ESG5.0), Study on ESG Special Report Compilation for Listed Companies Controlled by Central Enterprises, Guidelines No. 14 of Shanghai Stock Exchange for Self-Regulation of Listed Companies—Sustainability Report (Trial), Global Reporting Initiative Sustainability Reporting Standards (GRI Standards)

Certifications: ISO 14001, ISO 45001, LEED, WELL, GB/T 45001-2020

UN Sustainable Development Goals

• SDG 1
• SDG 2
• SDG 3
• SDG 4
• SDG 5
• SDG 6
• SDG 7
• SDG 8
• SDG 9
• SDG 10
• SDG 11
• SDG 12
• SDG 13
• SDG 14
• SDG 15
• SDG 16
• SDG 17

The report details how various initiatives contribute to these goals.

Sustainable Products & Innovation

• Prefabricated and green buildings
• Smart living platform ('Polyhome')

Awards & Recognition

• Sustainability Practice of the Year
• China Association for Public Companies Responsible Top Bull Awards
• China's Top 50 ESG Pioneer Listed Companies in Greater Bay Area
• China Association for Public Companies Best ESG Practice Case of Listed Companies in 2023
• China's Top 100 ESG Pioneer Listed Companies
• 2023 China Talent Management Reform Pioneer Award
• Beisen 2023 Top 100 Extraordinary Employer Award
• Liepin 2023 Best Employer in the Chinese Real Estate Industry
• 2023 Outstanding Cases of Urban Revitalisation