Climate Change Data

China Southern Asset Management Co., Ltd.

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:3256.4 tCO2e/year
Scope 1 Emissions:175.1 tCO2e/year
Scope 2 Emissions:33081.3 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:5375 MWh/year
Water Consumption:13604 m3/year
Waste Generated:Not disclosed
Carbon Intensity:4.3 tonne CO2/person; 0.1 tonne CO2/m2

ESG Focus Areas

  • Climate Change
  • Environmental Protection
  • Social Responsibility
  • Corporate Governance
  • Poverty Alleviation

Environmental Achievements

  • Green investments totaled approximately RMB 101,434.76 million.
  • Scope 1 and Scope 2 carbon emissions of 3,256.4 tons CO2 equivalent
  • LEED Gold Certification for Fund Building

Social Achievements

  • Launched ESG-themed funds.
  • Donated RMB 2 million to Wuhan Charity Federation for COVID-19 relief.
  • Purchased nearly RMB 400,000 of agricultural products from poor areas.
  • Carried out 20 public welfare projects through the SAM Philanthropic Foundation.
  • Organized the 1st “China Southern Cup” Capital Market Basketball League.

Governance Achievements

  • Established an ESG governance structure with an Executive Committee and four working groups.
  • Created an ESG rating system covering 4,052 A-share companies and 5,241 bond issuers.
  • Implemented an equity incentive plan enabling 130 employees to collectively hold 8.53% of shares.
  • No major compliance risk event occurred during the reporting period.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon-neutral operations
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Sudden impact of COVID-19 outbreak.
  • Long-term challenge of climate change.
  • Lack of a unified standard for ESG information disclosure.
Mitigation Strategies
  • Incorporated sustainability and ESG into asset management.
  • Developed the SAM ESG Investment Risk Management System.
  • Created an ESG risk monitoring mechanism.
  • Integrated fintech into active research.
  • Developed a comprehensive ESG rating system.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Requires suppliers to have no record of administrative penalties for violations in the past three years.
  • Prioritizes suppliers with better social images and stronger CSR performance.
  • Prioritizes eco-friendly supplies for cleaning and office supplies.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN PRI, TCFD, HKEX ESG Reporting Guide (2020), Green Industry Guidance Catalog (2019 Edition), SDG Finance Taxonomy (China)

Certifications: LEED Gold

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 1: No Poverty
  • Goal 3: Good Health and Well-being
  • Goal 7: Affordable and Clean Energy
  • Goal 8: Decent Work and Economic Growth
  • Goal 13: Climate Action

SAM focuses on these SDGs from a corporate citizen and investment perspective; details provided in report.

Sustainable Products & Innovation

  • ESG-themed funds
  • STAR Market funds
  • Funds themed on the registration-based IPO system on ChiNext reform
  • Yangtze River protection-themed ETF

Awards & Recognition

  • Changqing Award for Sustainable Development Benefits
  • Caijing Junding Award for Cultural Investment Consulting Team
  • Securities Times Golden Responsibility Award
  • Sina Finance Certificate of Donation to COVID-19 Prevention
  • Shenzhen Green Finance Innovation Pioneer Award
  • Best in Sustainable Investment Asiamoney