Climate Change Data

Jinmao Property Services Co., Limited

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:118,547.77 tCO2e (Scope 1+2)
Scope 1 Emissions:3,881.22 tCO2e
Scope 2 Emissions:114,666.56 tCO2e
Total Energy Consumption:156.0574 GWh (electricity)
Water Consumption:858,085.44 tons
Waste Generated:256.97 tons (non-hazardous), 4.12 tons (hazardous)
Carbon Intensity:0.437 tCO2e/RMB 10,000

ESG Focus Areas

  • Environmental Protection
  • Social Responsibility
  • Governance

Environmental Achievements

  • Passed ISO 14001 Environmental Management System and ISO 50001 Energy Management System Supervision Audit Certification
  • Launched 213 energy-saving renovation projects, saving energy consumption expenditures of RMB 454.14 million
  • 100% standard disposal rate of hazardous wastes
  • 100% rate of pollutant discharge up to standard

Social Achievements

  • Launched the “Jinmao Community Public Welfare Co-construction Plan”
  • Organized the “Children’s Safety Public Welfare Month” event
  • Organized the “Action of MAO Neighbors” to care for children in remote mountainous areas
  • Employee satisfaction reached 90.80%
  • 969 local employees hired and 49 local employees newly hired

Governance Achievements

  • Established an ESG governance structure with the Board serving as the highest decision-making body
  • Established three specialized committees under the Board (Audit Committee, Remuneration and Nomination Committee, and Strategy and ESG Committee)
  • 100% legal review rate for contracts
  • Organized 46 legal compliance training sessions

Climate Goals & Targets

Environmental Challenges

  • Climate change impacts
  • Maintaining high customer satisfaction levels
Mitigation Strategies
  • Established a dedicated leading group to identify and address the impact of climate change on business
  • Developed and refined internal rules and regulations to safeguard customer safety
  • Introduced a Voice of the Customer (VOC) system to address customer complaints promptly
  • Constantly refines the customer experience management system

Supply Chain Management

Supplier Audits: 1,315 suppliers assessed in 2023, achieving a 96.48% performance evaluation rate

Responsible Procurement
  • Supply Chain Management Standard
  • Rules for the Management of Bidding Procurement
  • Rules for the Management of Supplier Management
  • Transparent Agreement (including anti-corruption clause)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GB/T 36001-2015, HKEX ESG Reporting Guidelines

Certifications: ISO 14001, ISO 50001

Third-party Assurance: TÜV NORD (Hangzhou) Co., Ltd.

Awards & Recognition

  • Top 100 Property Management Companies in China
  • Top 10 Chinese State-Owned Assets Listed Real Estate Companies
  • Other awards listed in the report