Climate Change Data

Times Neighborhood Holdings Limited 時代鄰里控股有限公司

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:18,608.33 tCO2e/year
Scope 1 Emissions:323.18 tCO2e/year
Scope 2 Emissions:18,285.15 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:30,543.49 MWh/year
Water Consumption:3,252,835.13 m3/year
Waste Generated:Not disclosed
Carbon Intensity:17.21 tonnes CO2e/RMB million

ESG Focus Areas

  • Environmental Protection
  • Employee Well-being
  • Corporate Governance
  • Community Engagement
  • Supply Chain Management
  • Anti-corruption

Environmental Achievements

  • Promoted energy-saving renovation and green office, reducing greenhouse gas emissions and natural resources consumption.
  • Implemented waste classification and recycling, reuse of papers.
  • Improved environmental protection facilities in the community, increased green coverage.

Social Achievements

  • Created an equal and inclusive work environment.
  • Established a scientific vocational training system for employees.
  • Organized thousands of community activities.
  • Participated in social welfare projects through Times Foundation.

Governance Achievements

  • Adhered to the corporate culture of integrity, strictly abided by relevant laws and regulations.
  • Strengthened internal monitoring, accountability and reporting mechanisms.
  • Improved rules and regulations on integrity.
  • Successfully listed on the Main Board of the Stock Exchange.

Climate Goals & Targets

Long-term Goals:
  • Become a global leading resident services platform.
Medium-term Goals:
  • Expand its presence in other cities in China to provide professional and standardized services.
Short-term Goals:
  • Continue to improve environmental protection facilities in the community, increase green coverage.

Environmental Challenges

  • Talent loss
  • Supplier compliance risks
  • Product or services quality risks
  • Information security risks
  • Climate change risks
  • Water pollution risks
  • Energy security risks
Mitigation Strategies
  • Standardized management
  • Automation services
  • Employee training and development
  • Competitive remuneration and benefits
  • Supplier management system
  • Supplier evaluation criteria
  • Communication with suppliers
  • Maintenance plans for system and equipment
  • Information security system
  • Spot check on the quality of products or services
  • Customer satisfaction survey
  • Developing intelligent communities
  • Waste classification and recycling
  • Energy-saving renovation
  • Recycle and reuse of reclaimed water

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Responsible procurement, integrity procurement and green procurement
  • Standardized tender and procurement system

Climate-Related Risks & Opportunities

Physical Risks
  • Climate change risks
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: HKEX Appendix 27

Certifications: null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 6
  • Goal 7
  • Goal 11
  • Goal 13
  • Goal 14
  • Goal 15
  • Goal 8
  • Goal 5
  • Goal 17
  • Goal 12
  • Goal 16
  • Goal 1

Times Neighborhood is committed to achieving the UN Sustainable Development Goals through its ESG initiatives.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Top 100 Property Management Companies in 2019
  • Top 100 China Leading Property Management Companies in terms of Service Quality