Climate Change Data

Environmental Metrics

ESG Focus Areas

• Green Buildings
• Renewable Energy
• Energy Efficiency
• Pollution Prevention and Control
• Sustainable Water and Wastewater Management
• Climate Change Adaptation
• Clean Transportation
• Equitable Access to Essential Services

Environmental Achievements

• Reduced Scope 1 emissions by 12.7% from 2017 levels in 2020

Social Achievements

• Introduced a “5M intelligent health product system” to develop products and technologies that contribute to the well-being of its customers

Governance Achievements

• Established a Sustainable Development Working Group (SDWG) and a three-tier project selection process with oversight from the Board of Directors

Climate Goals & Targets

Environmental Challenges

• Scope 2 emissions, energy consumption and water consumption increased significantly compared to 2017
• Potential negative environmental and social outcomes from eligible projects (occupational health and safety, community relations, land use and biodiversity issues, emissions, effluents, and waste generated in construction)
• Reputational risk associated with a subsidiary of the parent company's tailings waste disposal practices

Mitigation Strategies

• Implementation of China’s Environmental Impact Assessment Act for all projects
• Active stakeholder engagement to address concerns
• Comprehensive occupational health and safety management system covering employees and contractors
• 37°C Caring services for property management teams

Supply Chain Management

Responsible Procurement

• Considers supplier’s environmental performance and legal compliance for procuring construction material

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Reporting Standards

Frameworks Used: Sustainability Bond Guidelines 2018, Green Bond Principles 2018, Social Bond Principles 2020, Green Loan Principles 2021, Social Loan Principles 2021

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 6
• SDG 7
• SDG 9
• SDG 11

Sustainable Products & Innovation

• 5M intelligent health product system

Environmental Metrics

ESG Focus Areas

• Climate change
• Occupational health and safety
• Supply chain management
• Customer privacy
• Green building
• Service quality and customer satisfaction
• Customer health and safety
• Safe and healthy working environment
• Privacy protection
• Labour relations and labour rights
• Training and development
• Employee diversity and equal opportunity
• Anti-corruption
• Use of water resource
• Use of energy
• Green and sustainable building design
• Prevention of child labour or forced labour
• Waste disposal
• Sewage disposal
• Intellectual property protection
• Compliant operation
• Supply chain environment and social risk management
• Reasonable marketing and promotion
• Greenhouse gas emission
• Material consumption
• Response to climate change
• Community development and social integration
• Risk management and contingency plans
• Biodiversity protection
• Industry exchange and renovation

Environmental Achievements

• All projects delivered since 2019 have met the national standard of Green Building 1 Star.
• Hong Kong’s Montego Bay project received BEAM Plus New Building Gold Level Certification.
• Four projects under construction by Minmetals Land’s Chengdu Company were selected as Chengdu Green Benchmark Construction Sites.
• Successfully obtained the “Green Finance Pre-issuance Stage Certificate” and issued a US$300 million five-year green concept sustainability bond.

Social Achievements

• Launched various community activities, including Mid-Autumn Festival evening variety shows, owners’ birthday parties, and strawberry picking activities.
• Established a Customer Care Fund, including a Quality Improvement Fund and a Community Culture Fund.
• Provided free medical services to the community.
• Implemented the “Minmetals Land Safety Management Implementation Rules” to standardize emergency response measures.

Governance Achievements

• Established a dedicated whistleblowing channel for corruption violations.
• Implemented a corruption risk assessment process.
• Provided 4,687.38 hours of anti-corruption training to 9 directors and 555 employees.
• No corruption litigation cases during the year.

Climate Goals & Targets

Environmental Challenges

• Climate change (frequent and severe extreme weather events)
• Cybersecurity (business interruption, data leakage)
• Low-carbon economy (policy changes, market shifts)
• Energy and emissions (significant energy consumption)
• ESG risks affecting suppliers (supply chain disruptions, labor risks)

Mitigation Strategies

• Developed action plans to address climate change risks, including setting carbon reduction targets.
• Conducted regular information security audits and network security tests; provided employee training.
• Established a cybersecurity incident response plan.
• Maintained communication with regulatory authorities on ESG-related policies.
• Increased investment in renewable energy; applied smart technology to enhance energy efficiency.
• Advocated green procurement; prioritized suppliers with relevant certifications.

Supply Chain Management

Supplier Audits: 1,014 suppliers; annual assessments and re-evaluations.

Responsible Procurement

• Supplier Management Rules
• Service Procurement Management Rules
• Material Procurement Management Rules
• Supplier Assessment Standard

Climate-Related Risks & Opportunities

Physical Risks

• Frequent and severe extreme weather events

Transition Risks

• Changes in the external regulatory environment and markets (carbon taxes, carbon trading)

Opportunities

• Use of renewable energy

Reporting Standards

Frameworks Used: Appendix C2 of the Rules Governing the Listing of Securities on the Stock Exchange

Sustainable Products & Innovation

• Minmetals Land 5M Intelligent Health System

Awards & Recognition

• 2023–2024 China Industrial New City Benchmark Project (Chengdu Minmetals West Lake Future City)
• 20th Elite Science and Technology Award (Minmetals Land 5M Intelligent Health System)