China Merchants Securities Co., Ltd. 2023 Environmental, Social and Governance Report

Company: CMSC (6099)
Year: 2023
Published: 2024-03-28
Status: Processed
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Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2021 2022 2023 Report Pages
China Merchants Chonghi 2023 Carbon Neutral Green Asset SPV (Phase II) - annual dust emission reduction tons 583.73 46
China Merchants Chonghi 2023 Carbon Neutral Green Asset SPV (Phase II) - annual nitrogen oxide emission reduction tons 402.03 46
China Merchants Chonghi 2023 Carbon Neutral Green Asset SPV (Phase II) - annual sulfur dioxide emission reduction tons 2674.73 46
Emissions of particulate matter per capita g/person 7.52 3.27 2.32 69
Nitrogen oxide emissions per capita g/person 102.1 44.4 31.5 69
Sulfur oxide emissions per capita kg/person 0.00059 0.00053 0.00037 69
Total discharge of sanitary wastewater tons 155955 85579 66620 69
Total nitrogen oxide emissions g 1225960 554972 401557 69
Total particulate matter g 90265 40861 29566 69
Total sulfur oxide emissions kg 7.06 6.61 4.78 69

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 2021 2022 2023 Report Pages
Chery Huiyin Motor Finance Service 2023 Green Financial Bond (Phase I) - annual carbon dioxide emission reduction tons 48100 46
China Merchants Chonghi 2023 Carbon Neutral Green Asset SPV (Phase II) - annual carbon dioxide emission reduction tons 190122.33 46
GAC Leasing 2023-1 SPV (Carbon Neutral) ABS - annual carbon dioxide emission reduction tons 26000 46
Greenhouse gas emissions (Scope I,II,III) per capita tCO₂/person 1.31 2.23 2.38 68
Greenhouse gas emissions for Scope I tCO₂ 1051 973 724 68
Greenhouse gas emissions for Scope II tCO₂ 14697 26898 29719 68
Greenhouse gas emissions for Scope III tCO₂ 1267 5536 68
Scope I: diesel emissions per capita tCO₂/person 0.00014 0.00011 68
Scope I: gasoline emissions per capita tCO₂/person 0.09 0.08 0.06 68
Scope I: natural gas emissions per capita tCO₂/person 0.000001 68
Scope I: total diesel emissions tCO₂ 16.9 13.43 68
Scope I: total gasoline emissions tCO₂ 1051 956 711 68
Scope I: total natural gas emissions tCO₂ 0.01 68
Scope II: emissions of outsourced electricity per capita tCO₂/person 1.22 1.29 1.64 68
Scope II: emissions of outsourced heating (cooling) services per capita tCO₂/person 0.86 0.69 68
Scope II: total emissions of outsourced electricity tCO₂ 14697 16125 20907 68
Scope II: total emissions of outsourced heating (refrigeration) services tCO₂ 10772.55 8810.76 68
Scope III: emissions from employees' business trip hotel accommodation tCO₂ 505 657 68
Scope III: emissions from employees' business trip vehicles tCO₂ 666 4787 68
Total greenhouse gas emissions (Scope I,II,III) tCO₂ 15748 27871 30442 68

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

Indicator Unit 2021 2022 2023 Report Pages
(fluorescent) tubes branch 5614 3411 2786 68
(fluorescent) tubes per capita branch/person 0.47 0.27 0.22 68
Ink cartridges per capita branch/person 0.06 0.09 0.03 68
Office Wastes tons 170.59 167.16 68
Office Wastes per capita tons/person 0.01 0.01 68
Office paper consumption per capita tons/person 0.0034 0.0051 69
Recycled paper usage pieces 2108 69
Scope III: waste disposal and discharge tCO₂ 93 92 68
Scope III: waste disposal and discharge per capita tCO₂/person 0.01 0.01 68
Sewage discharge decrease percentage compared to 2022 22% 43
Toner cartridges box 3703 2745 2771 68
Toner cartridges per capita box/person 0.31 0.23 0.22 68

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 2023 Report Pages
Gasoline consumption reduction compared to 2022 liters 122474 43
Office waste reduction compared to 2022 tons 3.43 43
Sewage discharge reduction compared to 2022 tons 18959 43

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 2021 2022 2023 Report Pages
Chery Huiyin Motor Finance Service 2023 Green Financial Bond (Phase I) - annual standard coal saving tons 26300 46
Diesel consumption kiloliters 6.47 4.97 69
Diesel consumption decrease percentage compared to 2022 23% 43
Diesel consumption per capita kiloliters/person 0.0005 0.0004 69
Diesel consumption reduction compared to 2022 liters 1502 43
Electricity consumption kW·h 24560162 29345238 36884072 68
Electricity consumption per capita kW·h/person 2046 2350 2888.56 68
GAC Leasing 2023-1 SPV (Carbon Neutral) ABS - annual standard coal saving tons 12300 46
Gasoline consumption kiloliters 480 443 320 68
Gasoline consumption decrease percentage compared to 2022 27% 43
Gasoline consumption per capita kiloliters/person 0.04 0.04 0.03 68
Natural gas consumption m³ 5.03 69
Natural gas consumption per capita m³/person 0.0004 69
percentage of CMS Zhiyuan Capital investment in new energy vehicle components and parts manufacturing 14% 47

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

Indicator Unit 2021 2022 2023 Report Pages
Office water consumption tons 173282 173575 186973 69
Office water consumption per capita tons/person 14.43 13.9 14.64 69
Per capita sanitary wastewater tons/person 13 6.9 5.2 69
Scope III: waste water disposal and discharge per capita tCO₂/person 0.0002 0.0001 68
Scope III: wastewater disposal and discharge tCO₂ 2.19 1.7 68

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

Indicator Unit 2023 Report Pages
China Merchants Chonghi 2023 Carbon Neutral Green Asset SPV (Phase II) - annual standard coal saving tons 76366.33 46
percentage of total paid-in asset scale for green fund over 8% 47
percentage of total paid-in asset scale for green funds 17% 47
percentage of total subscribed asset scale for green funds 59% 47
percentage of total subscribed asset scale for third green fund 20% 47

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

Indicator Unit 2022 2023 Report Pages
Office paper consumption tons 43 66 69

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

Indicator Unit 2023 Report Pages
investment amount in green investment enterprises by CMS Zhiyuan Capital million RMB 750 47
new paid-in scale of green funds million RMB 386 47
new subscribed scale of green funds by CMS Zhiyuan Capital billion RMB 1.8 47
number of new green bond investments 42 47
percentage of total new investment scale during the reporting period in green enterprises 28% 47
percentage of total value of green investment assets represented by green bond assets 84.29% 47
year-on-year increase in total amount of green investment enterprises over 60% 47

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 2023 Report Pages
FITS Jiangsu 2023-1 Small and Micro Business Loan Asset Backed Securities - Total issuance scale billion RMB 10.139 35
FITS Jiangsu 2023-1 Small and Micro Business Loan Asset Backed Securities - Underwritten by China Merchants Securities billion RMB 3.65 35

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

Indicator Unit 2021 2022 2023 Report Pages
Number of employees aged 30 and under person 4620 4473 70
Number of employees aged 30-50 person 6997 7497 70
Number of employees aged 50 and above person 871 799 70
Number of employees in China (Mainland) person 11521 12057 12314 70
Number of female directors person 2 2 1 71
Number of female employees person 4951 5302 5478 70
Number of full-time employees person 12005 12488 12769 70
Number of independent non-executive directors person 5 5 5 70
Number of male employees person 7054 7186 7291 70
Number of non-executive directors person 8 8 6 70
Number of overseas employees (including Hong Kong, Macao and Taiwan) person 484 431 445 70
Social insurance coverage % 100 100 100 70
The total number of employees person 12005 12488 12769 69

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

Indicator Unit 2021 2022 2023 Report Pages
Comprehensive turnover rate % 10.33 10.06 12.77 70
Number of employee turnover aged 30 and below person 455 998 70
Number of employee turnover aged 30-50 person 422 607 70
Number of employee turnover aged 50 and above person 46 26 70
Number of employee turnover in China (Mainland) person 787 1539 70
Number of female employee turnover person 393 665 70
Number of male employee turnover person 530 966 70
Number of overseas employee turnover (including Hong Kong, Macao and Taiwan) person 136 92 70

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

Indicator Unit 2021 2022 2023 Report Pages
Average satisfaction with training programs (100-point scale) points 96.2 96.4 96.4 70
Coverage of employee training % 100% 100% 70
Female employees trained person 5302 5478 70
Male employees trained person 7186 7291 70
Number of non-sales employees trained person 6277 6906 70
Number of sales employees trained person 6211 5863 70
Online and offline education and publicity covers person-times hours 537716 37852053 3116747 69
The average opening time of the teaching base for month hours 216 216 216 69
The average person participates in online and offline research every month hours 758 830 990 69
The total number of teaching activities in the teaching base times 110 160 544.9 69
Total attendances person-time 728726 722021 674009 70

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

Indicator Unit 2021 2022 2023 Report Pages
Average training hours of employees hours 58.16 52.64 54.24 70
Average training hours of female employees hours 52.61 56.8 70
Average training hours of male employees hours 52.67 52.32 70
Average training hours of non-sales employees hours 66.27 48.44 42.38 70
Average training hours of sales employees hours 72.29 56.89 68.21 70
Total number of training sessions session 667 618 520 70

Number of suppliers by geographical region.

Indicator Unit 2022 2023 Report Pages
Chongqing Metuan Sanukai Micro-loan Co., Ltd. and AVIC Trust Co., Ltd. M/MSY and M/MLX series ABS products - Total issue size billion RMB 7 35
GAC Leasing 2023-1 SPV (Carbon Neutral) ABS - issuance interest rate % 2.39 46
GAC Leasing 2023-1 SPV (Carbon Neutral) ABS - issuance interest rate for Priority A2 % 2.91 46
GAC Leasing 2023-1 SPV (Carbon Neutral) ABS - issuance scale billion RMB 1.542 46
GAC Leasing 2023-1 SPV (Carbon Neutral) ABS - subscription multiple for Priority A1 times 1.39 46
GAC Leasing 2023-1 SPV (Carbon Neutral) ABS - subscription multiple for Priority A2 times 1.96 46
Number of suppliers from Hong Kong, Macao, Taiwan and overseas 100 82 69
Number of suppliers in Chinese mainland 364 317 69
total market value of green bond assets billion RMB 3214 47

Description of practices relating to engaging suppliers, number of suppliers where the practices are being implemented, and how they are implemented and monitored.

Indicator Unit 2023 Report Pages
Number of suppliers to be terminated cooperation after assessment 5 69

Description of practices used to promote environmentally preferable products and services when selecting suppliers, and how they are implemented and monitored.

Indicator Unit 2023 Report Pages
CMS Investment made new investments in green enterprises million RMB 243 47
CMS Zhiyuan Capital investment amount in 2023 billion RMB 1235 47

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

Indicator Unit 2021 2022 2023 Report Pages
Complaint handling rate % 98.1 98.23 93.87 69
Complaints handling response rate % 100 100 100 69
Customer satisfaction of the teaching base % 99 99.7 99.6 69
Total ink cartridges branch 744 1096 420 68
Total number of complaints received by the Company 4733 1029 69
market value of new green bond investments billion RMB 208.4 47
year-on-year increase in CMS Zhiyuan Capital investment amount about 42% 47

Description of practices relating to observing and protecting intellectual property rights.

Indicator Unit 2023 Report Pages
China Merchants Chonghi 2023 Carbon Neutral Green Asset SPV (Phase II) - face interest rate % 2.82 46
China Merchants Chonghi 2023 Carbon Neutral Green Asset SPV (Phase II) - issuance scale billion RMB 1.187 46

Description of consumer data protection and privacy policies, and how they are implemented and monitored.

Indicator Unit 2023 Report Pages
Bank of Communications Co., Ltd. 2023 First Issue Special Financial Bonds for SME Loans - Coupon rate % 2.8 35
Bank of Communications Co., Ltd. 2023 First Issue Special Financial Bonds for SME Loans - Issuance scale billion RMB 30 35
Bank of Communications Co., Ltd. 2023 First Issue Special Financial Bonds for SME Loans - Underwritten by China Merchants Securities billion RMB 2.325 35

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 2023 Report Pages
Number of proposals considered by the Board of Directors Items 36 60 62 70

Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.

Indicator Unit 2021 2022 2023 Report Pages
Number of meetings of the Board of Directors Times 7 14 15 70
Signatory Rate of Supplier anti-bribery clauses % 77.16 100 69

Description of anti-corruption training provided to directors and staff.

Indicator Unit 2021 2022 2023 Report Pages
Number of annual anti-money laundering training times 21 16 71
Number of anti-corruption publicity and education activities held times 9 15 7 71
Number of compliance education and training programs times 75 34 71
Number of executive directors person 1 2 2 70
Number of meetings of the Board of Supervisors Times 5 11 8 70
Number of participants in anti-corruption publicity and education activities person-time Approx. 35060 Approx. 30800 Approx. 20590 71
Total number of directors person 14 15 13 70
Total number of participants in anti-money laundering training person-time 23611 2788 71
Total number of participants in compliance education and training programs person-time Approx. 11000 Approx. 36000 71

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

Indicator Unit 2021 2022 2023 Report Pages
Enterprises enrolled in Gazelle Incubator Project enterprises 441 35
Enterprises newly enrolled in Gazelle Incubator Project enterprises 84 35
Number of General Meeting of Shareholders Times 1 3 3 70
Number of investor education activities times 1839 3141 1759 69
Original creation rate of the investment and teaching base % 73 54 46.4 69
Quantity of teaching products issued by the headquarters and branches units 661328 711714 249915 69
green fund paid-in scale total billion RMB 1.869 47
third green fund subscribed scale by CMS Zhiyuan Capital million RMB 652 47

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

Indicator Unit 2021 2022 2023 Report Pages
Chery Huiyin Motor Finance Service 2023 Green Financial Bond (Phase I) - issuance interest rate % 5.2 46
Chery Huiyin Motor Finance Service 2023 Green Financial Bond (Phase I) - issuance scale billion RMB 1 46
Chery Huiyin Motor Finance Service 2023 Green Financial Bond (Phase I) - subscription multiple times 1.26 46
Chery Huiyin Motor Finance Service 2023 Green Financial Bond (Phase I) - term years 3 46
First carbon-neutral green renewable ABS backed by receivables of state subsidy in the market - face interest rate % 2.8 46
First carbon-neutral green renewable ABS backed by receivables of state subsidy in the market - first-issue interest rate % 2.8 46
First carbon-neutral green renewable ABS backed by receivables of state subsidy in the market - issuance scale million RMB 780 46
First carbon-neutral green renewable ABS backed by receivables of state subsidy in the market - overall term years 2 46
Ping An Bank Co., Ltd. 2023 Special Financial Bonds for SME Loans - Coupon rate % 2.77 35
Ping An Bank Co., Ltd. 2023 Special Financial Bonds for SME Loans - Issuance scale billion RMB 30 35
Ping An Bank Co., Ltd. 2023 Special Financial Bonds for SME Loans - Underwritten by China Merchants Securities billion RMB 1.601 35
Rural revitalization and 'agriculture, rural areas and farmers' themed bond products - Number of issuances issuances 7 35
Rural revitalization and 'agriculture, rural areas and farmers' themed bond products - Total issuance scale billion RMB 36.18 35
Rural revitalization and 'agriculture, rural areas and farmers' themed bond products - Underwritten by China Merchants Securities billion RMB 4.54 35
Total amount of donations from China Merchants Securities Charity Foundation RMB 10000 259.07 332.65 400.56 69
Volunteer participation person-time 147 142 69
Volunteer participation hours hours 1303 2456 69
new green funds established by CMS Zhiyuan Capital 3 47

The types of emissions and respective emissions data.

Standard Indicator Unit 2021 2022 2023
Airborne Particulate Matter (PM) Emissions g 90265 40861 29566
NOₓ Emissions g 1225960 554972 401557
SOₓ Emissions kg 7.06 6.61 4.78

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 2021 2022 2023
Direct GHG Emissions (Scope 1) tCO₂ 1051 973 724
GHG Emissions from Natural Gas tCO₂ 0.01
GHG Emissions from Purchased Electricity tCO₂ 14697 16125 20907
Indirect Energy Emissions (Scope 2) tCO₂ 14697 26898 29719
Mobile Combustion Emissions tCO₂ 972.9 724
Scope 1 GHG Emissions Intensity (By Employee) tCO₂/person 0.08 0.06
Scope 2 GHG Emissions Intensity (By Employee) tCO₂/person 1.22 2.15 2.33
Scope 3 GHG Emissions (Business Travel) tCO₂ 1171 5444
Total GHG Emissions tCO₂ 15748 27871 30442
Total GHG Emissions Intensity (By Employee) tCO₂/person 1.31 2.23 2.38
Total Other Indirect Energy Emissions (Scope 3) tCO₂ 1267 5536

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

Standard Indicator Unit 2022 2023
Non-Hazardous Waste (Office Waste) tons 170.59 167.16
Total Non-Hazardous Waste Intensity (By Employee) tons/person 0.01 0.01

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 2023
Non-Hazardous Waste Intensity Reduction Compared to Last Year (By Area) tons 3.43

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 2021 2022 2023
Diesel Fuel Consumption kiloliters 6.47 4.97
Gasoline Consumption kiloliters 480 443 320
Natural Gas Consumption m³ 5.03
Purchased Electricity kW·h 24560162 29345238 36884072

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

Standard Indicator Unit 2021 2022 2023
Water Consumption in Office tons 173282 173575 186973

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

Standard Indicator Unit 2023
Energy Consumption Reduction Compared to Last Year tons 5745.37613

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

Standard Indicator Unit 2022 2023
Packaging Material Consumption (Paper) tons 43 66

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

Standard Indicator Unit 2023
Investment in Climate Change Management billion RMB 10.139

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

Standard Indicator Unit 2021 2022 2023
Number of Employees Aged 30-50 person 6997 7497
Number of Employees Aged Above 50 person 871 799
Number of Employees Aged Below 30 person 4620 4473
Number of Employees in Mainland China person 11521 12057 12314
Number of Employees in Overseas person 484 431 445
Number of Female Employees person 4951 5302 5478
Number of Full-time Employees person 12005 12488 12769
Number of Male Employees person 7054 7186 7291
Number of Total Employees person 12005 12488 12769
Percentage of Employees Aged 30-50 % 56.04 58.72
Percentage of Employees Aged Above 50 % 6.98 6.26
Percentage of Employees Aged Below 30 % 36.99 35.03
Percentage of Employees in Mainland China % 95.97 96.55 96.52
Percentage of Employees in Overseas % 4.03 3.45 3.48
Percentage of Female Employees % 41.27 42.44 42.88
Percentage of Full-time Employees % 100 100 100
Percentage of Male Employees % 58.73 57.56 57.12

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

Standard Indicator Unit 2021 2022 2023
Turnover Rate of Total Employees % 10.33 10.06 12.77

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

Standard Indicator Unit 2022 2023
Percentage of Employees Trained % 100 100

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

Standard Indicator Unit 2021 2022 2023
Average Training Hours (Female) hours 52.61 56.8
Average Training Hours (Male) hours 52.67 52.32
Average Training Hours per Employee hours 58.16 52.64 54.24

Number of suppliers by geographical region.

Standard Indicator Unit 2022 2023
Number of Suppliers in Mainland China 364 317
Number of Total Suppliers 464 399

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

Standard Indicator Unit 2021 2022 2023
Complaints Handling Rate % 98.1 98.23 93.87
Total Number of Customer Complaints 4733 1029

Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.

Standard Indicator Unit 2022 2023
Percentage of Suppliers Accepting Anti-corruption Policies % 77.16 100

Description of anti-corruption training provided to directors and staff.

Standard Indicator Unit 2021 2022 2023
Number of Anti-corruption Training Session times 9 15 7
Number of Attendance for Anti-corruption Training person-time 35060 30800 20590

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

Standard Indicator Unit 2021 2022 2023
Number of Participations in Volunteer Activities person-time 147 142
Total Cash Donations RMB 2590700 3326500 4005600
Total Public Welfare Donations RMB 2590700 3326500 4005600
Total Volunteer Service Hours hours 1303 2456