Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Health and Safety
• Responsible Investment
• Supply Chain Management
• Business Ethics
• Talent Development
• Community Investment
• Customer Satisfaction

Environmental Achievements

• Reduced GHG emission intensity by 20.47% from 2020
• Reduced energy consumption intensity by 15.43% from 2020
• 35 green building certifications obtained
• Significant reduction in energy consumption intensity and GHG emissions at Atlantis Sanya through technological innovation and renewable energy use
• Fosun Pharma achieved its 2021 targets for carbon emission intensity reduction and cumulative carbon emission reduction from energy-saving projects.
• Nanjing Iron & Steel achieved record low comprehensive energy consumption and carbon emissions per tonne of steel.

Social Achievements

• 100% response rate and 95% resolution rate of customer complaints
• 48.2% of employees are female
• 100% of employees received regular performance and career development reviews
• Donation by Fosun Foundation during the Reporting Period was over RMB 153,803,621
• Improved employee satisfaction rate
• Launched various employee wellbeing initiatives (e.g., Tai Chi, Yoga classes)

Governance Achievements

• Established ESG Board Committee, ESG Executive Committee, and ESG Management Committee
• Linked executive compensation to ESG performance
• Implemented a robust anti-corruption and supervision system
• 100% coverage rate of staff anti-corruption education
• No material ESG crisis events

Climate Goals & Targets

Environmental Challenges

• Surging uncertainties in global politics and economy
• Supply chain disruptions
• Climate change risks (physical and transition risks)
• ESG compliance challenges in overseas operations

Mitigation Strategies

• Deployed global resources and leveraged internal ecosystem synergies
• Integrated climate-related risks into corporate risk management framework
• Developed alternative sourcing strategies
• Implemented various training programs on ESG compliance

Supply Chain Management

Supplier Audits: 411 green supply chain audits at Fosun Pharma; 165 ESG self-assessments and 30 on-site audits at FTG; 82% coverage of supplier ESG risk assessment at FTG.

Responsible Procurement

• Supplier Code of Conduct
• Conflict mineral management policy
• Green supply chain initiatives
• Local procurement plans

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events, flooding

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products and services
• Investment in renewable energy

Reporting Standards

Frameworks Used: GRI Standards, TCFD recommendations, UNGC

Certifications: ISO 14001, ISO 45001, ISO 9001, ISO 50001, LEED, Green Globe, EarthCheck, ISO 13485:2016

Third-party Assurance: Ernst & Young

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 11: Sustainable Cities and Communities
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action
• Goal 17: Partnerships for the Goals

Initiatives contributing to these goals are described throughout the report.

Sustainable Products & Innovation

• Green and low-carbon products
• Energy-efficient products
• Sustainable Life and Non-Life insurance products

Awards & Recognition

• MSCI ESG AA rating
• Constituent of MSCI CHINA ESG LEADERS 10-40 and Hang Seng ESG50 Index
• Various other awards and accolades listed in the report

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Corporate Governance
• Responsible Investment
• Supply Chain Sustainability
• Employee Well-being
• Business Ethics
• Community Investment
• Data Privacy & Security

Environmental Achievements

• GHG emission intensity decreased by 8.02% from 2021
• Total energy consumption intensity decreased by 12.90% from 2021
• 97% of eligible Club Med resorts obtained Green Globe certification
• Recycling volume at Club Med reached 4,141 tonnes
• Food waste reduced by nearly 50% at Club Med resorts using Winnow solution
• Industrial water recycle rate at Hainan Mining increased to 95.55%
• RMB40 million generated through the sale of by-products at Hainan Mining
• Atlantis Sanya awarded “waste-free hotel in Sanya”

Social Achievements

• Launched “920 Fosun Family Season” with over 300 key products and nearly RMB6.5 billion in sales
• Provided free clinic services and consumer education lectures through Tonghanchuntang
• Club Med provided support to 396 small farms, benefiting over 2,000 farmers
• Fosun Pharma deployed rare disease drugs in multiple areas and included several drugs in the National Drugs Catalogue
• Fosun Pharma started a park project in Cote d’Ivoire, expected to create nearly 1,000 jobs
• Customer complaint completion rate at Yuyuan was 99.5%
• Customer complaint response rate at Fosun was 100%
• Resolution rate of customer complaints was 98%
• Employee training rate was 82.6%
• Proportion of female employees was 49.2%

Governance Achievements

• Established ESG Board Committee and ESG Executive Committee
• Linked Executive Directors' remuneration to ESG performance (10% of overall indicators)
• Implemented a comprehensive whistleblowing mechanism
• Handled 14 cases transferred to the judiciary involving corruption, bribery and fraud
• Disciplined 93 employees for violating anti-corruption policy
• Achieved 100% coverage of anti-corruption training for employees, suppliers and contractors
• Received an “AA” ESG rating from MSCI and an “A” rating in the Hang Seng Sustainability Index
• Selected as a constituent of MSCI CHINA ESG LEADERS 10-40 Index and Hang Seng ESG 50 Index

Climate Goals & Targets

Environmental Challenges

• Climate change risks (physical and transition risks)
• Changes in consumer behavior in the post-pandemic era
• Inadequate climate actions
• Water scarcity in some operating locations

Mitigation Strategies

• Compiling the TCFD Report
• Developing climate change mitigation and adaptation strategies
• Analyzing consumer behavior trends through various methods and formulating tailored strategies
• Implementing water-saving measures and water recycling initiatives
• Using Water Risk Atlas AqueductTM to identify and evaluate water stress zones

Supply Chain Management

Supplier Audits: 6,388 cooperative suppliers managed by Supply Chain Digital Platform; 434 green supply chain audits at Fosun Pharma; 278 suppliers in China subject to ESG on-site audit at FTG

Responsible Procurement

• Fosun Group Supplier Code of Conduct
• ESG risk assessment of suppliers
• Prioritization of local procurement
• Selection of sustainable products
• Management of conflict minerals

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Natural disasters

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Investment in renewable energy and clean technologies

Reporting Standards

Frameworks Used: GRI Standards, TCFD, UN Global Compact

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001, ISO 13485, ISO 27001, CNAS, Green Globe

Third-party Assurance: Ernst & Young

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action
• Goal 17: Partnerships for the Goals

Various initiatives contribute to these goals through health products, renewable energy investments, sustainable supply chains, employee well-being programs, and community engagement

Sustainable Products & Innovation

• Green denim material at Tom Tailor
• Recyclable products at Wolford
• Organic food at St Hubert
• AI-assisted diagnosis products at Aitrox
• Green energy solutions at JEVE

Awards & Recognition

• AA MSCI ESG Rating
• A rating in Hang Seng Sustainability Index
• Constituent of MSCI CHINA ESG LEADERS 10-40 Index and Hang Seng ESG 50 Index
• Constituent of FTSE4Good Index Series
• Various other awards for ESG performance and employer branding