Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Environmental Protection
• Social Responsibility
• Governance

Environmental Achievements

• Multiple properties achieved one to three-star green building certifications and LEED Platinum rating. Implemented bioremediation techniques for lake water treatment.
• Reduced energy consumption through information technology deployment and paper reduction initiatives.

Social Achievements

• Provided rent reductions totaling over 170 million RMB to over 400 small and micro enterprises.
• Organized employee wellbeing initiatives including health checkups, training programs, and recreational activities.
• Active participation in community service, including blood donation drives and support for rural revitalization.

Governance Achievements

• Strengthened internal control systems and compliance measures.
• Received awards for best board of directors and strategic vision.
• Implemented a robust anti-corruption training program and signed integrity agreements with clients.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions and economic slowdown due to the pandemic.
• Maintaining business operations during the pandemic.

Mitigation Strategies

• Implemented comprehensive pandemic response measures, including providing support to tenants and employees.
• Provided rent reductions and other financial assistance to tenants.
• Developed alternative sourcing strategies and maintained business continuity.

Supply Chain Management

Responsible Procurement

• Open, fair, and just procurement practices

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Shanghai Stock Exchange's Environmental Information Disclosure Guidelines, State-owned Assets Supervision and Administration Commission's Guiding Opinions on Central Enterprises' Fulfillment of Social Responsibilities, GRI Standards, Shanghai Social Responsibility Report Guide

Sustainable Products & Innovation

• Green buildings and sustainable construction practices

Awards & Recognition

• National Civilized Unit
• National Workers' Vanguard
• Shanghai May 1st Labor Medal
• Golden Roundtable Award for Best Board of Directors

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Social responsibility
• Rural revitalization

Environmental Achievements

• Reduced carbon emissions through digitalization and reduced travel

Social Achievements

• Invested in community projects and rural revitalization, totaling 174 million RMB
• 895 incubator received national-level awards and ratings

Governance Achievements

• Implemented robust corporate governance practices in accordance with relevant laws and regulations
• Completed 2022 profit distribution plan

Climate Goals & Targets

Environmental Challenges

• Competition with other development zones in Shanghai
• Long capital recovery cycle in the real estate business
• Large-scale construction projects requiring significant capital investment

Mitigation Strategies

• Improving the quality of industrial space products
• Developing smart business operations and property management
• Utilizing REITs and other financing tools to improve cash flow

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Rural revitalization

Environmental Achievements

• Implemented energy-saving and emission reduction designs in construction, adhered to "three simultaneous" system during construction, and adopted energy-efficient operation in later stages to reduce waste and pollution.
• Set up environmental protection standards for enterprises entering the park, prioritizing high-tech industries with advanced technology and strong social responsibility, and encouraging clean production processes.

Social Achievements

• Partnered with Pudong New District Zhoupu Town to promote the demonstration creation work of four villages, focusing on "Party building chain, industrial chain, and work chain", and organizing various activities to assist in rural revitalization.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Competition with other parks in Shanghai, impacting rental prices and revenue.
• Long capital recovery cycle in the real estate business, leading to fluctuations in operating cash flow.

Mitigation Strategies

• Improving industrial real estate development capabilities, optimizing the value chain and capital chain, and exploring new financing methods to ensure long-term financial stability.
• Exploring smart business, expanding property management, and deepening industrial development.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed