NamTai Property Inc.
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Social Achievements
- NamTai Technology Center received LEED Gold precertification, acknowledging NamTai’s commitment to high-performance green building.
Climate Goals & Targets
Environmental Challenges
- Ongoing dispute with IsZo Capital LP, resulting in a court judgment declaring a private placement void and shareholder activism.
- Liquidity issues due to legal disputes and concerns from lending banks.
- Construction delays and protests at the NamTai Technology Center construction site.
- Uncertainty regarding the outcome of the special shareholder meeting.
Mitigation Strategies
- Negotiating with lending banks and seeking alternative financing sources.
- Evaluating measures such as external financing, accelerating leasing of NamTai InnoPark, presale of NamTai Technology Center and NamTai Longxi, rights issue, and project disposal.
- Negotiating with the contractor to resolve the dispute.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- A Top 10 Industrial Investment Enterprise of 2019
- Industrial Real Estate Model Enterprise of 2020
- Top 20 2020 Guangdong-Hong Kong-Macau Greater Bay Area Excellent Industrial Park Operator