Climate Change Data

Environmental Metrics

Environmental Achievements

• Strictly enforced environmental protection standards and rules, controlled and reduced vehicle emissions, strengthened wastewater management and treatment in service areas, actively recycled construction waste, adopted preventive overlaying pavement to reduce excavation volume, implemented energy conservation transformation at toll stations, service areas and tunnels, and promoted energy-saving and environmentally-friendly products.

Social Achievements

• Improved various types of social insurance for employees, made contributions to the housing accumulation fund and enterprise annuity fund for employees, organised various centralized and specific trainings for employees (10,515 attendances).

Governance Achievements

• Won the Best Governance Award of 2016 China Financing Listed Companies; main credit was rated as AAA level; information disclosure for three consecutive years was assessed as outstanding by the Shanghai Stock Exchange; improved institutionalization and standardization of corporate governance through revising and perfecting company regulations.

Climate Goals & Targets

Environmental Challenges

• Slowdown in macroeconomic growth; road network diversion; toll reduction policy; pressure on newly opened Suiguang-Suixi Expressways; macroeconomic fluctuations affecting traffic demand; free-of-charge policy of small passenger cars during holidays; ETC discount policy; overload control on expressways; competitive or synergistic road network changes and road refurbishment; risks relevant to macroeconomic fluctuation; risks relevant to road network changes; potential tax risks; financing risks; daily operational risks and natural disaster risks; investment risks of expressway BOT projects; investment and construction risks of BT projects.

Mitigation Strategies

• Fine management, strict cost control, innovation, improved quality and efficiency, raising operation management level; strengthening communication with governmental departments; investments in new projects; diversified development strategy; tracking and analyzing macroeconomic environment, national policies, and regional economy; strengthening communications with the Government and peers; effective tax risk prevention measures; strengthening the training of relevant personnel; establishing strategic cooperative partnership with financial institutions; appointing intermediaries for professional advice on financing; strengthening preventative maintenance of roads; comprehensive management measures; strengthening road inspection under special weather conditions; implementing the collection, research, demonstration and reserve work of high-quality projects; strengthening researches for capital recovery risks of BT projects; exploring infrastructure investment cooperation under PPP model; promoting internal control system and improving management standardization.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Best Governance Award of 2016 China Financing Listed Companies

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Achieved 100% recycling rate of milled asphalt material from Chengle Expressway pavement.
• Service area wastewater treatment and discharge met national standards.
• Implemented measures to reduce water and energy consumption (details in report).

Social Achievements

• Organized various activities for employees, including cultural performances and sports events, with over 2,000 participants.
• Provided various social insurance benefits to all employees.
• Conducted safety training and drills to enhance employee safety awareness.

Governance Achievements

• Established and improved anti-corruption regulations and systems.
• Conducted integrity education activities.
• Improved and implemented daily supervision mechanisms.

Climate Goals & Targets

Environmental Challenges

• Quantifying greenhouse gas emissions from vehicles on the expressways.
• Managing waste generated from service areas and construction activities.

Mitigation Strategies

• Implemented measures to control vehicle emissions (e.g., ETC system, vehicle maintenance).
• Implemented waste classification and recycling programs.
• Used recycled materials in road construction.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Open bidding, selection, and quotation processes for procurement.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Shanghai Stock Exchange (SSE) guidelines on corporate social responsibility reporting, Hong Kong Stock Exchange (HKEX) guidelines on environmental, social and governance reporting

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed