Climate Change Data

JSL Construction & Development Co., Ltd.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental protection
  • Employee safety and well-being
  • Corporate governance

Environmental Achievements

  • Reduced carbon emissions by choosing recyclable building materials or those that come from natural resources (such as wood).
  • Implemented energy conservation and carbon reduction measures.

Social Achievements

  • Implemented employee welfare measures (welfare funds, employee insurance, bonuses for national holidays, company trips).
  • Provided employees with a safe and healthy work environment and regularly conducted safety and health training.
  • Established an effective career development training program for employees.

Governance Achievements

  • Established an audit committee and remuneration committee consisting of all independent directors.
  • Formulated the Corporate Governance Best-Practice Principles, Ethical Corporate Management Best-Practice Principles, and Corporate Social Responsibility Best-Practice Principles.
  • Established grievance filing channels to handle complaints and suggestions.
  • Purchased D&O insurance for directors and officers.

Climate Goals & Targets

Long-term Goals:
  • Develop businesses with stable income to lay a foundation for long-term profitability.
  • Consolidate various related businesses in the real estate market to elaborate on the industry synergy.
Medium-term Goals:
  • Launch consignment and construction projects that can meet the demand in markets with potential to improve the overall competitive advantage.
  • Actively promote urban renewal and renovation of old buildings.
Short-term Goals:
  • Select high-quality construction companies and reinforce collaborative relationships to promote real estate consignment business and improve profitability.
  • Mainly focus on investing in the construction of projects in rezoned areas in northern Taiwan.

Environmental Challenges

  • Slowdown of the real estate market due to government policies and interest rate hikes.
  • Shortage of workers and materials in the construction industry.
  • Sharp rises in construction costs.
Mitigation Strategies
  • Offering products at prices acceptable to buyers and effectively controlling construction costs and schedules.
  • Reinforcing the construction management function to effectively control costs and ensure projects are on schedule and quality is not compromised.
  • Improving competitiveness in the market with differentiated and high-quality products.
  • Paying attention to changes in laws and regulations and the macroeconomic environment to formulate the best sales and financial strategies.

Supply Chain Management

Responsible Procurement
  • Investigate and assess suppliers to see whether they comply with relevant environmental protection and occupational safety and health regulations.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Third-party Assurance: KPMG

Sustainable Products & Innovation

  • Sustainable and smart buildings

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental protection
  • Employee safety and well-being
  • Ethical corporate management

Environmental Achievements

  • Reduced carbon emissions by choosing recyclable building materials or those from natural resources (e.g., wood) in construction projects.
  • Committed to constructing sustainable and smart buildings with safety, health, and environmental protection as value propositions.

Social Achievements

  • Implemented employee welfare measures including benefits for marriage, childbirth, hospitalization, and death; employee insurance; national holiday bonuses; and company trips.
  • Provided employees with a safe and healthy work environment and regularly conducted safety and health training.
  • Established an effective career development training program for employees.

Governance Achievements

  • Established an audit committee and remuneration committee consisting of independent directors.
  • Formulated internal control protocols based on the Regulations Governing Establishment of Internal Control Systems by Public Companies.
  • Purchased D&O insurance for directors and officers.

Climate Goals & Targets

Long-term Goals:
  • Develop businesses with stable income to lay a foundation for long-term profitability.
  • Consolidate various related businesses in the real estate market to elaborate on industry synergy.
Medium-term Goals:
  • Launch consignment and construction projects that meet market demand in areas with potential for growth.
  • Actively promote urban renewal and renovation of old buildings.
Short-term Goals:
  • Select high-quality construction companies and reinforce collaborative relationships to promote the real estate consignment business and improve profitability.
  • Mainly focus on investing in the construction of projects in rezoned areas in northern Taiwan.

Environmental Challenges

  • Supply chain disruptions due to the COVID-19 pandemic, Russia-Ukraine war, and economic sanctions.
  • Soaring prices in raw materials and high global inflation.
  • Government housing market control measures and interest rate hikes.
  • High construction costs and shortage of workers.
  • Intense competition in key sales areas.
Mitigation Strategies
  • Offering products at prices acceptable to buyers and effectively controlling construction costs and schedules.
  • Reinforcing construction management functions to control costs and ensure projects are on schedule and of high quality.
  • Improving competitiveness in the market with differentiated and high-quality products.
  • Paying attention to changes in laws and regulations to optimize the interests of customers and shareholders.
  • Formulating the best sales and financial strategies to improve competitive advantages and flexibility.

Supply Chain Management

Responsible Procurement
  • Investigating and assessing suppliers’ compliance with environmental protection and occupational safety and health regulations.

Climate-Related Risks & Opportunities

Opportunities
  • Constructing sustainable and smart buildings with energy conservation and carbon emissions reduction.

Sustainable Products & Innovation

  • Sustainable and smart buildings