Climate Change Data

BAOYE GROUP COMPANY LIMITED

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:30,529 tCO2e/year
Scope 1 Emissions:1,348 tCO2e/year
Scope 2 Emissions:29,181 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:56,829 thousand kWh/year
Water Consumption:244,573 tonnes/year
Waste Generated:15,757 tonnes/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Compliance Operation
  • Quality of Products and Services
  • Technology R&D and Innovation
  • Employee Health and Safety
  • Product Responsibility
  • Employee Development and Training
  • Green Procurement
  • Product Design and Lifecycle Management

Environmental Achievements

  • Achieved a Q-value of 2.90 for building energy consumption in "one hundred year housing" products, saving more than 53.9% energy compared to traditional buildings.
  • Shaoxing Daban Green Garden and Lishui Xishan Yueyuan awarded as "one hundred year housing" pilot projects and obtained housing performance certification of "Green Residence" and "3A Residence"
  • Reduced construction water consumption by over 36% in prefabricated concrete construction.
  • Reduced wood use by nearly 70% in light steel structure buildings.
  • Reduced construction waste generation by approximately 70% in light steel structure buildings.
  • Reduced overall energy consumption of construction by more than 70% in light steel structure buildings.
  • Reduced carbon emissions by more than 70% in light steel structure buildings.
  • Recovered 6.01 tons of waste paper, 0.31 tons of waste plastic, 325.13 tons of iron and 5.48 tons of other scrap metals.

Social Achievements

  • Established a comprehensive project quality accountability system.
  • Implemented a flexible working system.
  • Established a customer complaint handling procedure.
  • Implemented a standardized process for handling negative feedback on products.
  • Organized a number of training activities, with 3,205 employees participating (49.98% training coverage).
  • Launched production safety training with over 300 managers participating.
  • Organized labor law publicity activity for over 60 employees.

Governance Achievements

  • Updated the governance of the ESG Committee in 2023.
  • Established the Baoye Group Company Limited Audit Committee Employee Whistleblowing Policy for Employee.
  • Set up a whistleblowing hotline and a whistleblowing mailbox.
  • Directors and regional heads receive regular anti-corruption training.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Sharp market contraction in the construction industry.
  • Frequent natural disasters caused by climate change.
  • Potential cost risks associated with ESG risks.
Mitigation Strategies
  • Carrying forward the force of hard-working and thrifty spirits, leveraging the strength of mechanism and system, and empowering business development with scientific and technological innovation.
  • Formulated a series of countermeasures for office areas and construction sites in accordance with laws and regulations related to emergency response plans for construction sites in extreme weather.
  • Updated and improved winter construction standards.
  • Internal Audit focuses on potential cost risks associated with ESG risks and reduces risks of various projects.

Supply Chain Management

Supplier Audits: 4,716 suppliers

Responsible Procurement
  • Priority will be given to suppliers from the List of Qualified Suppliers.
  • Comprehensive inspection of various indicators of suppliers, such as qualification, supply capacity, price, safety, environmental protection and quality system certification.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: Appendix C2 Environmental, Social and Governance Reporting Guide (the “ESG Guide”) set out in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited

Certifications: ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • "One hundred year housing" products
  • Nesen System energy-saving door and window series products

Awards & Recognition

  • "2023 China Civil Engineering Zhan Tianyou Award for Outstanding Residential District Gold Award"
  • "Centennial Residence" Pilot Project
  • "Green Residential Area"
  • "Green Residence"
  • "3A Residential Performance Recognition"
  • National May 1st Labor Award
  • 43 Luban Awards
  • 54 National Excellence Awards
  • 6 Zhan Tianyou Awards
  • More than 1,000 provincial and ministerial awards