Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Staff care
• Health and safety
• Community prosperity

Environmental Achievements

• Realized garbage classification for 895 projects in 42 cities
• Initiated “Zero-Waste Office”, reducing waste volume from the source
• Applied intelligent solutions for electrical and mechanical operation and maintenance, significantly saving energy and reducing operating costs

Social Achievements

• Launched “Onewo Common Development Plan” focusing on employee growth, safety, energy conservation, and community development
• Helped employees get higher academic degrees through “Thousand-Talents Plan” and provided career development opportunities
• Established a perfect safety management system and realized intelligent safety management in service spaces
• Offered “Neighborhood Socialization” platform providing convenient services for residents
• Carried out “Beautiful Community” campaign to facilitate community renovation and upgrading

Governance Achievements

• Established an ESG governance framework with clear duties and responsibilities
• Officially established ESG Working Team and ESG Management Committee
• Issued Regulations on Onewo Internal Control Management
• Strengthened supply chain integrity building and established fair and just business partnerships

Climate Goals & Targets

Environmental Challenges

• Impacts of climate change and COVID-19
• Difficulty in recruiting employees for grassroots posts
• High energy consumption in buildings
• Implementation of garbage classification

Mitigation Strategies

• Formulated emergency management regulations and enhanced remote operation schemes
• Optimized recruitment channels and provided training programs
• Introduced intelligent facilities for operation and maintenance and smart property management
• Carried out zero-waste community activities and publicized garbage classification knowledge

Supply Chain Management

Responsible Procurement

• Sunshine purchase
• Supplier Management Procedure
• Supplier Management System

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (typhoon, flood, rainstorm, drought)

Transition Risks

• Policy and regulation changes
• Market shifts
• Energy technology reform

Opportunities

• Development of new energy and environmental protection industry
• Energy efficiency increase

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, ESG Reporting Guide of Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited, Guide for Reporting on Corporate Social Responsibility in China of Chinese Academy of Social Sciences

Certifications: ISO 14001, ISO 45001

Sustainable Products & Innovation

• Smart solution for electrical and mechanical operation and maintenance
• Black cat serial products of access solution for intelligent community

Awards & Recognition

• Award for Excellent Enterprises of World Digital Economy Conference 2021 and the 11th Smart City and Intelligent Economy Expo in 2021

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Waste classification conducted in 2,004 housing estates.
• Vanke Service's "Solarium" program saved about 2% of lighting energy consumption.
• Released a white paper on Commercial Real Estate Decarbonisation in China.

Social Achievements

• 100% of new employees received safety training.
• 100% of employees and service providers signed the Letter of Protecting Female Employee Rights and Interests.
• 2,598 frontline service providers transferred to technical, social, and emotional communication roles.
• Average employee training hours were 77.8.
• More than 39,000 employees completed CPR training, saving 19 lives.

Governance Achievements

• Established an ESG governance structure with well-defined responsibilities.
• 100% of suppliers signed the Anti-corruption Cooperation Agreement.
• 100% of employees signed the Integrity Pledge and took an integrity exam.

Climate Goals & Targets

Environmental Challenges

• Climate change impacts on building operations and supply chains.
• Challenges in promoting waste classification in communities.
• Need for property renewal in older communities.

Mitigation Strategies

• Developed emergency management systems and remote operation programs.
• University-enterprise cooperation to research waste classification.
• Established an "Anti-ageing" Task Force for property renewal.

Supply Chain Management

Supplier Audits: 100% of suppliers signed the Anti-corruption Cooperation Agreement

Responsible Procurement

• Anti-corruption Cooperation Agreement
• Supplier sustainability requirements

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Rising temperatures
• Sea level rise
• Water resource pressure

Transition Risks

• Policy and regulation changes
• Market shifts
• Energy technology innovation

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: Appendix C2 Environmental, Social and Governance Reporting Guide of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited, TCFD framework

Certifications: ISO 14001, ISO 45001, ISO 41001, ISO/IEC 27701

Sustainable Products & Innovation

• Libra, Property Committee Workbench
• AI patrol cars
• Lingshi Edge Computing Server

Awards & Recognition

• Best Listed Company at ESG Advancement Award
• Pioneer Enterprise of Social Responsibility
• Responsible Case of the Year 2023
• Best Digital Investor Relation Award
• 2023 Technology Service Providers with Outstanding Performance of Digital Intelligence
• 2023 TOP 1 Residential Property Service Company in China
• 2023 Leading Chinese Company in Property Service Quality
• Facilities Management Team of the Year, Sustainability Achievement of the Year
• 2023 Contribution Award for Carbon Peaking and Carbon Neutrality
• 2023 China Best Employer Award (Shenzhen)

Environmental Metrics

ESG Focus Areas

• Sustainability
• Employee Well-being
• Community Engagement
• Environmental Responsibility
• Energy Efficiency

Environmental Achievements

• Implemented energy-saving solutions in over 1,000 communities, resulting in an annual electricity savings of 72.45 million kWh (equivalent to approximately 4.03 tons of carbon dioxide).
• Installed 409 new AEDs in residential projects, increasing the overall count to 2,130 units.

Social Achievements

• Provided CPR first aid training to over 41,000 service providers, resulting in 21 lives saved.
• 703 front-line service providers transitioned to new positions focusing on technical and emotional communication.
• Engaged over 35,000 members from property owners' committees and homeowners across more than 3,544 residential communities.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Slower developer repayments leading to increased trade and retention receivables.
• Declining developer business impacting gross profit margin.
• Market cooling affecting real estate brokerage and leasing management services.

Mitigation Strategies

• Adjusting project scale dynamically based on payment collection.
• Continuing to reduce connected transactions (CCT).
• Elevating operational standards and strictly controlling management quality.
• Promoting offsetting payments with operationally valuable assets.
• Diversifying customer base beyond developers (e.g., industrial clients, hospitals, schools).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Leveraging procurement platform's advantage in the supply chain for centralized procurement operations.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Energy-saving renovations for high-consumption commercial buildings.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Digital Property Service Report
• AI-driven energy management solutions

Awards & Recognition

• "Climate Lighthouse Community" Annual Leading Award
• "Merit China Excellent Health Employer - ESG Best Practice Award"
• Inclusion in 2024 "Fortune" China ESG Influence List