Noah Holdings Limited
Climate Impact & Sustainability Data (2017)
Reporting Period: 2017
Environmental Metrics
Total Carbon Emissions:571 tCO2e/year
Total Energy Consumption:2,540 GJ/year
Water Consumption:22,037 tons/year
Carbon Intensity:0.20 tCO2e/RMB 1 million in 2017
ESG Focus Areas
- Economic
- Social
- Environmental
- Governance
Environmental Achievements
- Reduced energy consumption by approximately 30% in the head office through LED lighting and energy-efficient air conditioning.
- Reduced paper consumption through various initiatives including a card system for printer usage and promoting double-sided printing.
Social Achievements
- Launched Enoch Education program, providing comprehensive investor education services to over 5,140 clients.
- Implemented the “Noah Care” program focusing on physical, mental, and spiritual growth, with over 2,679 participants in 2017.
- Organized the “Investment afternoon teas” project, reaching over 40,000 participants including online viewers.
Governance Achievements
- Received investment-grade rating from Standard & Poor's.
- Established a robust risk management system with multiple layers of oversight and control.
- Maintained a strong compliance record with no legal violations for unethical behavior in 2017.
Climate Goals & Targets
Environmental Challenges
- Systemic risks in the financial industry.
- Balancing the development of innovative business with risk control.
Mitigation Strategies
- Implemented a comprehensive risk management system covering compliance, comprehensiveness, suitability, timeliness, and completeness.
- Established a strict product screening process with multiple levels of review and approval.
Supply Chain Management
Responsible Procurement
- Strict supplier selection criteria based on qualifications, environmental certifications, CSR philosophy, and reputation.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI G4 Core Option, AA1000 (2008)
Third-party Assurance: Moderate Assurance Type 1 in AA1000
Awards & Recognition
- Asia Money Best wealth management institution for HNWIs
- Best overseas asset management agency
- The Wealth APAC Best Wealth Management Institution Award
- Fortune One of the Top 100 fastest-growing companies
- Private Banker International Global outstanding growth awards
- Asian Private Bank Best Chinese wealth management institution
- CVINFO Top 10 most competitive wealth management institutions in China
- iFAST Best equity investment fund award
- Caixin Media Top 10 Chinese (PE/VC support) intermediary service organizations
- The Economic Observer Wealth management institution of the year
- 21 Century Business Herald Best comprehensive wealth management service institution
- Forbes China China's top 100 business women