SUSTAINABLE DEVELOPMENT REPORT 2021 OF SINO-OCEAN GROUP

Year: 2021
Published: 2022-04-21
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2019 2020 2021 Report Pages
Greenhouse Gas Emissions Scope 3 tCO2e 23835.98 17062.89 61
NOx Emissions kg 1883.8 1007.61 135.21 61
Retail Refrigerant Consumption kg 6088.38 3933.2 4380.86 61
SOx Emissions kg 61.91 15.16 26.24 61

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 Report Pages
Greenhouse Gas Emissions Scope 1 tCO2e 13524.11 18981.95 61
Greenhouse Gas Emissions Scope 2 tCO2e 79007.75 124437.66 61
Intensity of Greenhouse Gas Emissions tCO2e/RMB Ten Thousand Revenue 0.037 0.021 0.025 61
Total Greenhouse Gas Emissions tCO2e 116367.84 160481.9 61
Total Greenhouse Gas Emissions (tCO2e) tCO2e 188469.06 116367.84 160481.9 61

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 Report Pages
Intensity of Hazardous Waste kg/RMB Ten Thousand Revenue 0.008 0.007 0.004 62
Total Amount of Hazardous Waste t 374.99 381.75 235.49 62

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 Report Pages
Intensity of Non-Hazardous Waste t/RMB Ten Thousand Revenue 0.01 0.01 0.002 62
Intensity of Total Office Paper Consumption kg/m² 0.71 1.23 0.63 62
Total Amount of Recycled Waste t 14201.99 15377.77 5929.33 62
Total Non-Hazardous Waste t 45357.51 49348.76 13070.4 62

Description of emissions target(s) set and steps taken to achieve them.

Indicator Unit 2025 Report Pages
Carbon emissions/energy consumption intensity reduction target (compared with the base year of 2018) % 35% 49
Group emission intensity reduction target (relative to 2018 level) 35% 11
Scope 2 emission per unit of revenue reduction target (residential development and property development and operation business, as well as other businesses) 19% 11

Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.

Indicator Unit 2025 Report Pages
Non-hazardous waste to landfill reduction target (compared with the base year of 2019) % 75% 49

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 Report Pages
Intensity of Energy Consumption GJ/RMB Ten Thousand Revenue 0.3 0.14 0.16 61
Renewable Energy Consumption kWh 230807.5 242743.05 258800.8 61
Total Energy Consumption GJ 1542451.78 803732.43 1054421.04 61

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2019 2020 2021 Report Pages
Intensity of Water Consumption in Offices L/m² 1.47 1.86 0.59 62
Total Water Consumption 15181660.94 3150647.83 3557922.58 62
Water Consumption Intensity m³/RMB Ten Thousand Revenue 2.98 0.56 0.55 62

Description of energy use efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2025 Report Pages
Energy consumption per unit of revenue reduction for residential development and operation business (compared with the base year of 2020) % 19% 49

Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2025 Report Pages
Water resource consumption intensity reduction target (compared with the base year of 2019) % 10% 49

Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.

Indicator Unit 2019 2020 2021 Report Pages
Total Office Paper Consumption kg 57652.72 50489.36 95190.75 62

Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.

Indicator Unit 2021 2022 2025 Report Pages
Area of certified green building projects square meters 12369579 53
Area of new certified green building projects square meters 1458182 53
Area of new registered green building projects square meters 6379995 53
Area of registered green building projects square meters 23417748 53
CCXAP rating for 3.5-year green notes issued after the reporting period BBB+ 51
CCXAP rating for 3.5-year green notes issued during the reporting period BBB+ 51
CCXAP rating for 5-year green notes issued during the reporting period BBB+ 51
GRESB ESG rating (Global Real Estate Sustainability Benchmark), Public Disclosure Level A 26
GRESB ESG rating (Global Real Estate Sustainability Benchmark), residential developers, East Asia ranking rank 1 26
GRESB ESG rating (Global Real Estate Sustainability Benchmark), residential developers, world ranking rank 2 26
Green bond proceeds allocated to Cityluxe (Wuhan) USD million 3.17 51
Green bond proceeds allocated to Hanyangtze Opus (Wuhan) USD million 1.13 51
Green bond proceeds allocated to Serenity Mansion (Wuxi) USD million 0.53 51
Green bond proceeds allocated to Sino-Ocean Taikoo Li (Chengdu) USD million 0.53 51
Green bond proceeds allocated to The Riverside Mansion (Wuxi) USD million 0.53 51
Green bond proceeds allocated to The Upper Mansion (Suzhou) USD million 1.31 51
Green bond proceeds fully allocated to green building projects USD million 7.2 51
Hang Seng Corporate Sustainability Benchmark Index, public disclosure rating A 26
MSCI ESG rating A 26
Number of certified green building projects projects 95 53
Number of new certified green building projects projects 9 53
Number of registered green building projects projects 162 53
Share of self-held projects with highest star-level of green building standards % 100% 49
US dollar guaranteed green notes issued after the reporting period USD million 200 51
US dollar guaranteed green notes issued during the reporting period USD million 400 51

Description of the significant climate-related issues which have impacted, and those which may impact, the issuer, and the actions taken to manage them.

Indicator Unit 2021 2022 Report Pages
Fitch rating for 3.5-year green notes issued after the reporting period BBB 51
Fitch rating for 3.5-year green notes issued during the reporting period BBB 51
Fitch rating for 5-year green notes issued during the reporting period BBB 51

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Indicator Unit 2017 2018 2019 2020 2021 Report Pages
Average age of employees years 34.6 34.1 32.9 34.3 34.3 64
Average age of new employees years 29 30.9 31.1 31.6 31.8 65
Average age of senior management years 42 40 43 43.4 43.4 66
Female ratio of senior management 25% 17% 20% 20% 20% 66
Male ratio of senior management 75% 83% 80% 80% 80% 66
New employees by age 30–50 people 2050 65
New employees by age < 30 people 2295 65
New employees by age > 50 people 112 65
New employees in Central China Region people 416 65
New employees in Commercial Management people 16 65
New employees in East China Region people 342 65
New employees in Health and Elderly Care people 320 65
New employees in North China Region people 388 65
New employees in Northeast China Region people 320 65
New employees in Other Departments people 194 65
New employees in Property Management people 361 65
New employees in South China Region people 145 65
New employees in Southwest China Region people 181 65
Number of employees aged 30–49 people 8633 64
Number of employees aged <30 people 445 64
Number of employees aged ≥50 people 3759 64
Number of employees in Beijing Sino-Ocean Capital people 865 64
Number of employees in Beijing Sino-Ocean Commercial Management people 683 64
Number of employees in Beijing Sino-Ocean Construction people 1124 64
Number of employees in Beijing Sino-Ocean Education people 532 64
Number of employees in Beijing Sino-Ocean Engineering people 1398 64
Number of employees in Beijing Sino-Ocean Health people 293 64
Number of employees in Beijing Sino-Ocean Investment people 150 64
Number of employees in Beijing Sino-Ocean Land Limited people 1612 64
Number of employees in Beijing Sino-Ocean Property Management people 758 64
Number of employees in Beijing Sino-Ocean Real Estate people 843 64
Number of employees in Beijing Sino-Ocean Service people 545 64
Number of employees in other departments people 68 64
Number of ethnic minorities represented among employees 28 64
Number of senior management staff 336 362 113 160 113 66
Percentage of employees aged 30–49 67% 64
Percentage of employees aged <30 4% 64
Percentage of employees aged ≥50 29% 64
Percentage of employees with PhD or doctoral degree 1% 64
Percentage of employees with bachelor's degree 34% 64
Percentage of employees with master's degree 13% 64
Percentage of employees with postgraduate or below education 52% 64
Percentage of ethnic minority employees 5.4% 64
Percentage of local employees 40.6% 64
Percentage of senior management staff of total 3.59% 2.94% 0.95% 1.17% 0.90% 66
Proportion of locally recruited senior management members 67% 67% 75% 25% 30% 66
Total number of employees (all business units) people 12837 64
Total number of formal employees people 9369 12323 11872 13712 12837 64
Total number of informal employees people 359 399 540 597 828 64
Total number of new employees people 4184 5184 5891 5148 4457 65

Employee turnover rate by gender, age group and geographical region.

Indicator Unit 2017 2018 2019 2020 2021 Report Pages
Average age of departed employees years 32.1 33 32.7 32.9 32.7 65
Departed employees by age 30–50 40% 65
Departed employees by age < 30 56% 65
Departed employees by age > 50 4% 65
Total number of departed employees people 2788 3618 4104 4696 3278 65
Turnover rate by gender - Female -10% 65
Turnover rate by gender - Male -15.5% 65
Turnover rate in Central China Region 25.0% 65
Turnover rate in East China Region 23.5% 65
Turnover rate in Health and Elderly Care 9.2% 65
Turnover rate in North China Region 23.0% 65
Turnover rate in Northeast China Region 29.8% 65
Turnover rate in Other Departments 14.9% 65
Turnover rate in Property Management 25.7% 65
Turnover rate in South China Region 32.5% 65
Turnover rate in Southwest China Region 22.9% 65

Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.

Indicator Unit 2021 Report Pages
Number of work-related injuries 5 72

Lost days due to work injury.

Indicator Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Report Pages
Accident rate per million square meters (including suppliers and contractors) 1.89 0.45 0.17 0.3 0.29 0.06 0.12 0.06 0.12 0.1 0.1 0.1 72
Number of working days lost due to work-related injuries days 41 72

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Indicator Unit 2021 Report Pages
Construction System Personnel Training coverage rate 100% 72
Safety inspection pass rate 100% 72

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Indicator Unit 2021 Report Pages
Develop Courseware sets 255 72
Organizing Training sessions sessions 768 72
Trainees (participants in safety education and training) participants 17446 72

The average training hours completed per employee by gender and employee category.

Indicator Unit 2021 Report Pages
Total Training in Occupational Safety and Health hours 5214 72

Number of suppliers by geographical region.

Indicator Unit 2021 Report Pages
Number of new registered green building projects projects 28 53

Number of products and service related complaints received and how they are dealt with.

Indicator Unit 2017 2018 2019 2020 2021 Report Pages
Customer Satisfaction (%) % 76 76 78 81 87 41
Group-wide customer satisfaction Points 87 41
Overall Loyalty Satisfaction (%) % 75 75 76 76 70 41
Resolution Rate 100% 41
Total Customer Complaints Received CALLS 9578 41
Total Customer Complaints Resolved CALLS 9578 41
Very/relatively satisfied (%) % 76 78 81 81 90 41

Description of quality assurance process and recall procedures.

Indicator Unit 2017 2018 2019 2020 2021 Report Pages
Quality inspection actual measurement average score points 96.87 97.13 97.15 97.09 98.41 37
Quality inspection actual measurement proportion of 80-90 points 13% 5% 13% 16% 13% 37
Quality inspection actual measurement proportion of 90-100 points 87% 95% 87% 84% 87% 37
Quality inspection delivery assessment average score points 71.41 75.12 81.28 84.16 84.95 37

Number of concluded legal cases regarding corrupt practices brought against the issuer or its employees during the reporting period and the outcomes of the cases.

Indicator Unit 2021 2022 Report Pages
Moody's rating for 3.5-year green notes issued after the reporting period Baa3 51
Moody's rating for 3.5-year green notes issued during the reporting period Baa3 51
Moody's rating for 5-year green notes issued during the reporting period Baa3 51

Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).

Indicator Unit 2021 Report Pages
Sustainalytics ESG risk rating, percentile ranking percentile 12 26

Resources contributed (e.g. money or time) to the focus area.

Indicator Unit 2021 2022 Report Pages
Coupon rate of 3.5-year green notes issued after the reporting period % 2.7 51
Coupon rate of 3.5-year green notes issued during the reporting period % 2.7 51
Coupon rate of 5-year green notes issued during the reporting period % 3.25 51

The types of emissions and respective emissions data.

Standard Indicator Unit 2019 2020 2021
NOₓ Emissions kg 1883.8 1007.61 135.21
SOₓ Emissions kg 61.91 15.16 26.24

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2019 2020 2021
Direct GHG Emissions (Scope 1) tCO2e 13524.11 18981.95
Indirect Energy Emissions (Scope 2) tCO2e 79007.75 124437.66
Total GHG Emissions tCO2e 188469.06 116367.84 160481.9
Total GHG Emissions Intensity (By Revenue) tCO2e/RMB Ten Thousand Revenue 0.037 0.021 0.025

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2019 2020 2021
Total Hazardous Waste t 374.99 381.75 235.49
Total Hazardous Waste Intensity (By Revenue) kg/RMB Ten Thousand Revenue 0.008 0.007 0.004

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2019 2020 2021
Non-Hazardous Waste Recycled t 14201.99 15377.77 5929.33
Total Non-Hazardous Waste Intensity (By Revenue) t/RMB Ten Thousand Revenue 0.01 0.01 0.002

Description of emissions target(s) set and steps taken to achieve them.

Standard Indicator Unit 2025
Target Reduction in GHG Intensity Percentage by 2030 Compared to 2018 % 35

Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.

Standard Indicator Unit 2025
Non-Hazardous Waste Intensity Reduction Percentage Compared to Last Year % 75

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2019 2020 2021
Energy Consumption Intensity (By Revenue) GJ/RMB Ten Thousand Revenue 0.3 0.14 0.16
Renewable Energy Consumption kWh 230807.5 242743.05 258800.8
Total Energy Consumption GJ 1542451.78 803732.43 1054421.04

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2019 2020 2021
Water Consumption 15181660.94 3150647.83 3557922.58
Water Consumption Intensity (By Revenue) m³/RMB Ten Thousand Revenue 2.98 0.56 0.55

Description of energy use efficiency target(s) set and steps taken to achieve them.

Standard Indicator Unit 2025
Energy Consumption Reduction Percentage Compared to Last Year % 19

Description of whether there is any issue in sourcing water that is fit for purpose, water efficiency target(s) set and steps taken to achieve them.

Standard Indicator Unit 2025
Target Water Consumption Reduction Percentage Compared to Last Year % 10

Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.

Standard Indicator Unit 2019 2020 2021
Packaging Material Consumption (Paper) kg 57652.72 50489.36 95190.75

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Standard Indicator Unit 2017 2018 2019 2020 2021
Number of Employees Aged 30-50 people 8633
Number of Employees Aged Above 50 people 3759
Number of Employees Aged Below 30 people 445
Number of Full-time Employees people 9369 12323 11872 13712 12837
Number of New Employees people 4184 5184 5891 5148 4457
Number of New Employees (Above 50) people 112
Number of New Employees (Aged 30-50) people 2050
Number of New Employees (Aged Below 30) people 2295
Number of Senior Management Employees 336 362 113 160 113
Number of Temporary Workers people 359 399 540 597 828
Number of Total Employees people 9369 12323 11872 13712 12837
Percentage of Employees Aged 30-50 % 67
Percentage of Employees Aged Above 50 % 29
Percentage of Employees Aged Below 30 % 4
Percentage of Senior Management Employees % 3.59 2.94 0.95 1.17 0.9

Employee turnover rate by gender, age group and geographical region.

Standard Indicator Unit 2021
Turnover Rate of Employees Aged 30-50 % 40
Turnover Rate of Employees Aged Above 50 % 4
Turnover Rate of Employees Aged Below 30 % 56
Turnover Rate of Employees in Central China % 25
Turnover Rate of Employees in East China % 23.5
Turnover Rate of Employees in North China % 23
Turnover Rate of Employees in Northeast China % 29.8
Turnover Rate of Employees in South China % 32.5
Turnover Rate of Employees in Southwest China % 22.9
Turnover Rate of Female Employees % -10
Turnover Rate of Male Employees % -15.5

Lost days due to work injury.

Standard Indicator Unit 2021
Lost Days Due to Work-related Injuries days 41

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Standard Indicator Unit 2021
Participation Rate of Safety Training % 100

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Standard Indicator Unit 2021
Trainees (participants in safety education and training) participants 17446

The average training hours completed per employee by gender and employee category.

Standard Indicator Unit 2021
Total Training Hours hours 5214

Number of products and service related complaints received and how they are dealt with.

Standard Indicator Unit 2021
Complaints Handling Rate % 100
Number of Complaints Dealt with CALLS 9578
Total Number of Customer Complaints CALLS 9578