Climate Change Data

GL Capital Group

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Responsible Investment
  • Responsible Operation
  • Governance

Environmental Achievements

  • Implemented energy-saving policy and actions (75%)
  • Assessed scope 1 and scope 2 GHG emissions data management capacity (100%)
  • Implemented reclaimed water recycling in Shennong Herbal Garden, saving water of 0.95 million m³ per year (Baiyunshan)
  • Zhe Jiang Peptites Biotech set carbon peaking and carbon neutrality goals
  • Jin Kang Pu Nutrition installed rooftop solar panels at the production site in Zhejiang Province (3,501 m3)

Social Achievements

  • Zero turnover rate with no employee leaving in 2023
  • Employee satisfaction index of 85.35% (Jin Kang Pu Nutrition)
  • 95% participant ratio for 2023 trainings
  • 25 partners are female
  • ~50% of new portfolio companies were assessed ESG performance
  • 100% of the new portfolio companies were included in ESG grievance monitoring
  • 100% companies monitored for ESG incident of Fund IV
  • 100% companies were included in ESG data monitoring program
  • ESG incident involved 0 grievance cases received
  • Conducted 114 public service events and 975 community events, and donated approximately 3 million RMB in public service (Baiyunshan)
  • Donation of 500,000 RMB (Challenge Animal Health)
  • Donation of 106,538.6 RMB (Jin Kang Pu Nutrition)
  • Participated in community charity activities to care for patients’ health (SciClone Pharmaceuticals)
  • Published 13 articles on the application of its products and wound care (Foryou Medical)

Governance Achievements

  • Implemented health and safety policy and procedure (100%)
  • Implemented product quality assurance and recalls policy and procedure (100%)
  • Implemented anti-corruption, anti-bribery and fraud prevention policy and procedure (100%)
  • Implemented customer privacy protection policy and procedure (100%)
  • Offered anti-corruption trainings for employees and the management (100%)
  • Zhe Jiang Peptites Biotech joined the UNGC and developed a comprehensive business ethics management system
  • Zero business ethics breaches in 2023

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality of operational emissions from 2045 (Scope 1 and Scope 2) (Zhe Jiang Peptites Biotech)
  • Achieve net-zero emissions by 2050 (Scope 1, Scope 2 and Scope 3) (Zhe Jiang Peptites Biotech)
Medium-term Goals:
  • Advance DEI and climate initiatives at GL and portfolios
Short-term Goals:
  • Enhance ESG integration over investment cycle
  • Explore opportunities to develop customized ESG value-creation plans for pilot portfolios

Environmental Challenges

  • Evolving sustainability regulatory landscape and rising expectations regarding sustainability performance for both GL Capital and its portfolio companies.
Mitigation Strategies
  • Proactive integration of sustainability practices
  • Conducting ESG assessments for all targets of USD Fund III and newly established USD Fund IV
  • Expanding and enhancing ESG value creation, monitoring, and engagement initiatives
  • Collaborating closely with buyout companies
  • Developing a phase-based ESG enhancement approach for portfolio companies (e.g., JKP)

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ILPA, SASB, HKEX ESG Reporting Guide, SFDR, IFC, UNPRI

UN Sustainable Development Goals

  • Goal 3 (Good Health and Well-being)
  • Goal 9 (Industry, Innovation and Infrastructure)

Investing in industry-leading companies that contribute to promoting good health and well-being of humanity.

Awards & Recognition

  • 2023 Top 20 Best Healthcare Investors
  • Top 20 Most Popular Direct Investment Fund Institutions for Young Investors in 2024
  • 2023 Top 30 Best Healthcare Institutional Investors
  • 2023 Top 50 Best PE Funds, ranked 28th
  • 2024 40 (40U40) Most Promising Young Investors in Direct Investment Funds under the Age of 40
  • 2023 Top 20 Best Foreign PE Institutional Investors in China
  • 2023 Top 20 Best Institutional Investors focusing on Medical Device in China's Medical and Healthcare Service Sector
  • 2022-2023 Top 100 Best Private Equity Investors in China
  • Best Investment Return Fund of the Year in Healthcare
  • Best Investment Institution of the Year in Healthcare Services
  • Best PE Investment Institution of the Year in Healthcare