Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Retrofitted central air conditioning systems at Shiqi Metro Mall and Xiaolan Metro Mall with energy-saving models, decreasing energy consumption by 29% and 28% respectively.

Social Achievements

• Personnel volunteered over 500 hours, assisting with nucleic acid testing at community stations.

Governance Achievements

• Zero incidents of corruption reported; no significant non-compliance with applicable laws and regulations.

Climate Goals & Targets

Environmental Challenges

• Operating environment challenges posed by the ongoing pandemic; uneven economic recovery across sectors; de-leveraging of the real estate industry impacting investment and bond markets; governance measures for digital and online industries causing market uncertainty.

Mitigation Strategies

• Prioritising efforts to expedite the completion of the refinancing exercise; exploring potential asset divestment opportunities; improving tenant mix, introducing trending brands, and undertaking asset enhancement initiatives; strengthening partnerships to expand presence in China.

Supply Chain Management

Supplier Audits: Regular

Responsible Procurement

• Robust supplier evaluation exercise; tender bid verification; qualification review; supplier evaluation feedback mechanism; Business Partners Red and Blacklist Management System.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Option

Awards & Recognition

• Shunde Metro Mall awarded "Demonstration Business Cluster for Reliable Consumption"

Environmental Metrics

ESG Focus Areas

• Economic Performance and Governance
• Employees
• Products and Service Responsibility
• Environmental Responsibility
• Community

Environmental Achievements

• Shiqi Metro Mall and Xiaolan Metro Mall carried out energy-saving retrofitting of central air conditioners and optimized their start and end times.
• Implemented motion sensor lighting in fire-fighting walkways and adjusted external lighting based on ambient brightness.
• Xiaolan Metro Mall received a “Caring Enterprise” award and “The Water-Saving Enterprise in Zhongshan City” title.

Social Achievements

• Organized promotional and educational events for the Sixth Disability Prevention Day in Zhongshan City (Shiqi Metro Mall).
• Donated RMB5,000 to the Dehe Community Charity event for the Elderly (Shunde Metro Mall).
• Held a public education exhibition on drug abuse prevention (Ocean Metro Mall).
• Launched an “Art Appreciation Space” (Ocean Metro Mall).
• Dasin Public Welfare Service Volunteer Team provided services to socially disadvantaged groups.
• Conducted home visits for the needy during Mid-Autumn Festival.
• Collaborated with the Fifth Affiliated (Zhuhai) Hospital of Zunyi Medical University to provide free clinic consultations (Doumen Metro Mall).
• Organized a blood donation drive (Shiqi Metro Mall).
• Collaborated with the local community to set up nucleic acid testing points and assisted in epidemic prevention (Ocean Metro Mall).
• Provided space for a “Warm Bee” station for delivery workers (Xiaolan Metro Mall).

Governance Achievements

• Maintained zero incidence of material non-compliance with applicable laws and regulations and corruption.
• Implemented a sound system of internal controls, including anti-corruption and anti-violation management procedures.
• Provided training to staff on ethics and professional conduct.

Climate Goals & Targets

Environmental Challenges

• Reducing energy consumption and greenhouse gas emissions.

Mitigation Strategies

• Monitoring energy consumption and measuring greenhouse gas emissions.
• Implementing energy-saving measures in malls.
• Participating in Earth Hour.

Supply Chain Management

Supplier Audits: Regular

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, TCFD

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 8: Decent Work and Economic Growth
• Goal 11: Sustainable Cities and Communities

Various community initiatives, employee wellbeing programs, and sustainable business practices.

Awards & Recognition

• Xiaolan Metro Mall’s “Caring Enterprise” award
• Xiaolan Metro Mall’s “The Water-Saving Enterprise in Zhongshan City” title
• Ocean Metro Mall’s “2022 Advanced Volunteer Team in Fire Safety” award
• Shunde Metro Mall’s “Enthusiastic Enterprise” and “Friend of Dehe” awards
• Ocean Metro Mall’s “Friendly Public Welfare Unit” title
• Dasin’s “Social Contribution” award