Jingrui Holdings Limited
Climate Impact & Sustainability Data (2020, 2022)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:2,457 tonnes carbon dioxide equivalent
Scope 1 Emissions:100 tonnes carbon dioxide equivalent
Scope 2 Emissions:2,357 tonnes carbon dioxide equivalent
Total Energy Consumption:4,722 MWh
Water Consumption:28,832 cubic meters
Waste Generated:3,490 tonnes (non-hazardous)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Delivered or partially delivered a total of 8 green building projects, including 4 one-star projects and 4 two-star projects, with a total gross floor area of 1,267,000 sq.m.
- Implemented energy saving and emission reduction measures, including the “five one” initiative and various power and water saving measures.
Social Achievements
- Organized 59 social welfare activities with an estimated annual public welfare value of RMB4,213,000.
- Provided training courses for employees, with training hours per employee ranging from 3.86 to 14.02 hours.
Governance Achievements
- Established a comprehensive management system and clear anti-corruption regulations.
- Implemented the Corporate Governance Code contained in Appendix 14 to the Listing Rules.
Climate Goals & Targets
Environmental Challenges
- COVID-19 epidemic impacted business operations.
- Difficulty in disclosing comparable environmental data for all projects due to different development phases and building models.
Mitigation Strategies
- Continued to pursue its large-scale asset management strategy, maintaining strong development resilience.
- Selected appropriate projects for environmental data disclosure each year (Jiaxing Project and general office in 2020).
Supply Chain Management
Supplier Audits: 380 suppliers in 2020; various levels of assessment and monitoring.
Responsible Procurement
- Overall supplier selection principles; Tendering Management Process for City-level Suppliers; Direct Procurement Management Process; Group Strategy and Collection Tender Management Process; regular on-site inspections and assessments.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)
Awards & Recognition
- Numerous awards listed on pages 12-13
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:352 tCO2e
Scope 1 Emissions:75 tCO2e
Scope 2 Emissions:277 tCO2e
Total Energy Consumption:783 MWh
Water Consumption:14,107 cubic meters
Waste Generated:753 tons (non-hazardous), 13 tons (hazardous)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Delivered or partially delivered a total of 4 green building projects, including 3 one-star projects and 1 two-star project, with a total gross floor area of 531,000 sq.m.
- Significant year-on-year improvement in environmental data, with the exception of increased waste due to the completion of Jiaxing Project.
- MagLink project obtained LEED platinum pre-certification and PARKSMART silver pre-certification.
Social Achievements
- Established the “Sunshine Fund for Employees Fighting COVID-19” and invested RMB1 million for purchasing livelihood support materials for frontline staff fighting the epidemic.
- Net employee turnover rate in 2022 was 52.7%, a significant improvement from 63.0% in 2021.
- Organized 12 social welfare activities.
Governance Achievements
- Fully implemented the Corporate Governance Code contained in Appendix 14 to the Listing Rules.
- No filed or settled corruption litigation cases against the Group or its employees during the Reporting Period.
- Board reviewed and approved material ESG issues identified and formulated ESG strategies, objectives, risk control and management policies.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality (aligned with government targets)
Short-term Goals:
- Increase the proportion of female members on the Board prior to 31 December 2024.
Environmental Challenges
- The impact of the COVID-19 pandemic and government regulations on the real estate industry.
- Difficulty in disclosing comparable environmental data for all projects due to different development phases and building models.
Mitigation Strategies
- Pursued a large-scale asset management strategy and responded to market changes.
- Selected appropriate projects for environmental disclosure each year (Jiaxing Project and head office in 2022).
Supply Chain Management
Supplier Audits: Regular on-site inspections and assessments; third-party consultant conducts comprehensive inspection on incoming materials every quarter.
Responsible Procurement
- Strategic cooperation and centralized procurement; Tender Management Process for City-level Suppliers; Direct Procurement Management Process; Group Strategy and Collection Tender Management Process; core supplier management system.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Environmental, Social and Governance Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)
Sustainable Products & Innovation
- Green buildings
Awards & Recognition
- Integrity Commitment AAA Credit Rating Enterprise Outstanding Member Unit
- Five-Star Enterprise for Property Services Comprehensive Strength
- TOP 44 in TOP 100 Property Service Business Enterprises
- Excellent Property Brand Companies
- Top 100 China Property Services Companies with Comprehensive Strength
- China’s Leading Quality Property Service Enterprise
- China’s Leading Residential Property Service Enterprise
- Top 100 China Property Services Companies with Quality Value
- Featured Brand Property Enterprise of China – City Services Integrated Service Provider
- Top 30 Branded Property Service Enterprises in Eastern China
- China Times Influential Real Estate Brand of the Year
- The Paper Best Operator for Urban Renewal