Climate Change Data

Sunac Services Holdings Limited

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:457,327.04 tCO2e/year
Scope 1 Emissions:1,216.43 tCO2e/year
Scope 2 Emissions:456,110.61 tCO2e/year
Total Energy Consumption:805,182.00 MWh/year
Water Consumption:17,231,025.84 tonnes/year
Waste Generated:1,319.54 tonnes/year (hazardous and non-hazardous)
Carbon Intensity:40.002 tonnes CO2e/sq.m.

ESG Focus Areas

  • Corporate Governance
  • Environmental Protection and Green Operation
  • Putting People First, Co-commitment and Co-achievement
  • Harmonious Community and Warm Society

Environmental Achievements

  • Targeted a decrease in hazardous waste and non-hazardous waste density year-on-year. Achieved this goal.
  • Six of the Group's commercial operation and management projects passed the national "green" shopping mall assessment.
  • Reduced carbon emissions by 15,700 tonnes per year through the installation of photovoltaic power generation in 10 projects.

Social Achievements

  • Maintained a leading level in customer satisfaction score and satisfaction pass rate in the industry.
  • Organised over 20,000 employee activities.
  • Conducted more than 1,700 employee training sessions.
  • Achieved 100% response rate for customer complaints.
  • 100% of employees and suppliers signed integrity agreements.
  • Cumulative total of integrity training hours near 100,000, marking a 156% increase in training hours per person compared to the previous year.

Governance Achievements

  • Established a risk management system with clear authority and responsibilities and well-developed functions.
  • Successfully eliminated 247 Class I fire risks, with the elimination rate in 2023 rising by 17% compared to the previous year.
  • 38% representation of female directors on the board.
  • Obtained ISO 37001 International Anti-Bribery Management System certification.

Climate Goals & Targets

Environmental Challenges

  • Acute risks caused by climate change (floods, snowstorms, typhoons) affecting business continuity and employee/customer safety.
  • Chronic risks such as extreme temperatures and droughts increasing energy consumption and operating costs.
  • Policy risks from new climate change regulations increasing compliance costs or exposing the company to penalties.
  • Market risks from increased consumer awareness of environmental issues.
  • Technological risks from the need for low-carbon equipment upgrades.
Mitigation Strategies
  • Pre-analysis of extreme weather impacts and special plans for different climatic environments.
  • Emergency plans for climate-related natural disasters.
  • Consideration of sea level rise and high temperatures in new operation site planning.
  • Compliance with and response to national carbon emission reduction requirements.
  • Monitoring of climate change regulations and policies.
  • Introduction of more environmental protection and green management strategies.
  • Identification and consideration of emerging energy-efficient and renewable energy technologies.

Supply Chain Management

Responsible Procurement
  • Supplier Management Regulation of Sunac Services Group
  • Regulations for On-site Management of Labour Outsourcing
  • Measures for the Management of Outsourcing of Environment and Order Services of Sunac Service Group
  • Incorporation of environmental and social performance into supplier selection criteria.

Climate-Related Risks & Opportunities

Physical Risks
  • Floods
  • Snowstorms
  • Typhoons
  • Extreme temperatures
  • Droughts
Transition Risks
  • Policy risks from new climate change regulations
  • Market risks from increased consumer awareness of environmental issues
  • Technological risks from the need for low-carbon equipment upgrades
  • Reputation risks from stakeholder concerns on climate issues
Opportunities
  • Development and management of innovative communities with environmental attributes
  • Reduced operating costs through green operation measures

Reporting Standards

Frameworks Used: ESG Guide (Appendix C2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited), GRI Standards, UN SDGs

Certifications: SA 8000:2014, ISO 9001:2015, ISO/IEC 20000-1:2008, ISO 37001:2016, ISO/IEC 27001:2013, GB/T 31950-2015, GB/T 23794-2015, ISO 14001:2015, ISO 50001:2018, GB/T 19095-2019, GB/T 27922-2011, ISO 45001:2018, GB/T 20647.9-2006

Awards & Recognition

  • Around 300 awards from industry organizations, local governments, and media in 2023 (specific awards listed in the report).