2023 ESG Report

Year: 2023
Published: 2024-04-16
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

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
Annual carbon emission of Xingyang Wuyue Plaza project kgCO2/m²·a 62.88 47
Annual carbon reduction from comprehensive energy projects (including photovoltaics, etc.) tons 7500 47
Intensity of greenhouse gas emissions Tons/RMB million of rental and management fee income from urban complexes 19.79 16.91 29.8 49
Rooftop Distributed Photovoltaic Power Stations Annual Power Generation Capacity GWh 35 6
Rooftop Distributed Photovoltaic Power Stations Carbon Emission Reductions tons 30000 6
Scope 1 + Scope 2 GHG emissions intensity tCO2e/RMB million of rental and management fee income from urban complexes 53.24 52.94 43.68 49
Scope 1: Direct energy emissions tCO2e 28972 30968.75 43526.69 49
Scope 2: Indirect energy emissions tCO2 503716 498798.51 451064.13 49
Total of Scope 1 + Scope 2 greenhouse gas emissions tCO2e 532687 529767.26 494590.81 49

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
Construction waste Tons 18085 53170.87 95089 49
Domestic waste Tons 143797 110105.35 223569.6 49
Kitchen waste Tons 4256 2251.88 6009 49
Total discharge of non-hazardous waste discharged Tons 166138 165528.1 324687.6 49

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

Indicator Unit 2023 Report Pages
Offsetting Carbon Emissions Around tons 110000 6
Wusheng Energy grid-connected photovoltaic power stations carbon emission reduction thousand tons 31 39

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
Amount of green electricity purchased MWh 14580 19570 135300 49
Attributable Core Net Profit million 160 6
Direct energy consumption MWh 36380 39169 55037 49
Electricity consumption MWh 588720 591825 679240 49
Gasoline consumption Ten thousand litre 55.14 4.26 8.98 49
Heat consumption GJ 287700 410461 355260 49
Indirect energy consumption MWh 603420 587845 535406 49
Intensity of energy consumption MWh/RMB million of rental and management fee income from urban complexes 63.94 62.66 52.14 49
Natural gas consumption Ten thousand m³ 1283.31 1428 2003.88 49
Total energy consumption MWh 639800 627014 590443 49
Wusheng Energy grid-connected photovoltaic power stations annual power output million kWh 40.01 39
Wusheng Energy grid-connected photovoltaic power stations installed capacity MW 35.24 39

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

Indicator Unit 2021 2022 2023 Report Pages
Annual Green Power Traded GWh 135 6
Water consumption Tons 15756327 16510574 20512671 49
Water intensity Tons/RMB million of rental and management fee income from urban complexes 1877.14 1697.36 1882.58 49

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

Indicator Unit 2023 Report Pages
Annual energy consumption reduction of Xingyang Wuyue Plaza project compared with conventional commercial projects % 10 47
Ultra-low Energy Consumption Building Unit 2 6

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

Indicator Unit 2021 2022 2023 Report Pages
Cumulative Area of Projects Under Construction million square meters 37.57 6
Equivalent number of trees planted by annual energy saving of Xingyang Wuyue Plaza project trees 37962 47
Green Construction Coverage Rate for Newly Constructed Projects 100% 6
LEED Certifications Unit 12 6
National Green Building Operation Label Shopping Center Projects Unit 4 6
National Green Building Operation Label for Residential Projects Unit 1 6
National Green Building Operation Label for Residential projects (2014 version, two-star rating) project 1 42
National Green Building Operation Label for Shopping Center projects (2015 version, two-star rating for 2 projects, one-star rating for 2 projects) projects 4 42
National Intelligent Building Unit 4 6
Number of Wuyue Plazas receiving green mall labels Wuyue Plazas 8 5
Number of green buildings projects advanced for operation and formal certification projects 42 5
Number of urban complex projects after operation and under progress projects 198 5
Over the Past Three Years, the Number of Projects Awarded the National Green Building Operation Label Unit 42 6
Pre-certification of LEED Gold for Commercial Projects Unit 1 6
Pre-certification of LEED Gold for Residential Projects Unit 1 6
Project process assessment score (Commercial Complex Development Stage) Score 87.11 85.44 85.4 26
Project process assessment score (Residential Development Stage) Score 91.17 90.32 90.05 26
Wuyue Plaza Certified as Green Malls Unit 85 6

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

Indicator Unit 2023 Report Pages
Attributable Net Profit million 880 6
Number of employees (total) person 22361 51
Number of employees 31-40 years old person 11808 51
Number of employees 41-49 years old person 3391 51
Number of employees aged 50 and above person 386 51
Number of employees experiencing difficulties supported employees 16600 5
Number of employees in Jiangsu person 6295 51
Number of employees in Shanghai person 1227 51
Number of employees in Zhejiang person 1842 51
Number of employees in other regions person 12997 51
Number of employees promoted through dual-channel promotion pathway employees 1100 55
Number of employees under 30 years old person 6776 51
Number of female employees person 7848 51
Number of full-time employees person 22361 51
Number of male employees person 14513 51
Percentage of Employees among Stakeholders % 63.48 20
Percentage of Members of Board of Directors among Stakeholders % 0.5 20
Percentage of Members of Management Team among Stakeholders % 12.34 20
Total Assets billion 377.1 6
Total Workforce employees 22361 6

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

Indicator Unit 2023 Report Pages
Overall turnover rate 31.17% 51
Turnover rate by age: 31-40 years old 28.65% 51
Turnover rate by age: 41-49 years old 18.33% 51
Turnover rate by age: 50 and above 30.60% 51
Turnover rate by age: Under 30 years old 39.66% 51
Turnover rate by gender: Female 34.06% 51
Turnover rate by gender: Male 29.5% 51
Turnover rate by region: Jiangsu 31.20% 51
Turnover rate by region: Other regions 30.64% 51
Turnover rate by region: Shanghai 28.42% 51
Turnover rate by region: Zhejiang 36.17% 51

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

Indicator Unit 2021 2022 Report Pages
Mortality rate per thousand during operation and management phases of commercial complex 0.07 55
Number of employees suffered from minor injuries during operation and management phases of commercial complex Person 1 1 55
Number of general and above work safety accidents during operation and management phases of commercial complex Since 9 55

Lost days due to work injury.

Indicator Unit 2022 Report Pages
Lost days due to work injury during operation and management phases of commercial complex Day 93 55

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

Indicator Unit 2021 2022 2023 Report Pages
Emergencies during operation and management phases of commercial complex Since 6 23 21 55
Employee Coverage Rate (Safety Production Training) 100% 6
Large potential safety hazards during operation and management phases of commercial complex Item 28 137 116 55
Number of safety training sessions in commercial complex development phases Number 318 308 311 55
Rectification rate of safety hazards during operation and management phases of commercial complex % 100 100 100 55
Safety Production Training Sessions sessions 20095 6
Safety training coverage rate in commercial complex development phases % 100 100 100 55
Safety training coverage rate in residential development phases % 100 100 100 55
Safety training covered person-times during operation and management phases of commercial complex Ten thousand person time 28.32 29.48 85.16 55
Special safety inspection score (Residential Development Stage) Score 81.66 81.76 78.05 26
Special safety inspection time (Commercial Complex Development Stage) Time 156 154 148 26
Total Investment in Work Safety million 110.44 6
Total investment in safe production during operation and management phases of commercial complex Ten thousand yuan 7609.34 9789.93 11044 55

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

Indicator Unit 2021 2022 2023 Report Pages
Coverage of Online Employee Training 100% 6
Employee online training coverage 100% 51
Number of safety training sessions during operation and management phases of commercial complex Number 12116 1424 20095 55
Online training participation rate 100% 5
Percentage of female employees trained online 43.03% 51
Percentage of general employees trained online 88.36% 51
Percentage of male employees trained online 56.97% 51
Percentage of middle management trained online 11.36% 51
Percentage of senior management trained online 0.28% 51
Training Participants persons 851600 6

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

Indicator Unit 2023 Report Pages
Online training hours per capita hours 39.41 51
Training Investment Per Capita yuan 382 6
Training investment per capita yuan 382 51

Number of suppliers by geographical region.

Indicator Unit 2023 Report Pages
Percentage of Brand Merchants among Stakeholders % 7.3 20
Percentage of Shareholders and Investors among Stakeholders % 0.5 20
Percentage of Suppliers among Stakeholders % 12.09 20

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
Coverage of Supplier Training 100% 6
Coverage of supplier quality training 100% 5
Number of supplier quality training sessions sessions 5604 5
Signing Rate of the 'Honest Cooperation Agreement' with Suppliers 100% 6
Third-party process assessments in development segment batches 327 26

Description of practices used to identify environmental and social risks along the supply chain, and how they are implemented and monitored.

Indicator Unit 2023 Report Pages
Third-party special evaluations (anti-leakage, safety, machinery, thermal insulation, curtain wall, landscaping, show houses, etc.) evaluations 672 26

Percentage of total products sold or shipped subject to recalls for safety and health reasons.

Indicator Unit 2021 2022 2023 Report Pages
Delivered Residential Units Residential Units 140000 6
Identified quality and safety issues/hidden dangers (Commercial Complex Development Stage) Item 7901 7786 7875 26

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

Indicator Unit 2023 Report Pages
Contracted Sales billion 76 6
Number of large and medium-sized cities with Wuyue Plazas cities 135 5
Number of valid stakeholder questionnaires collected 937 20
Percentage of Customers among Stakeholders % 1.76 20
Third-party delivery evaluation average score score 80.19 26
Third-party delivery evaluations (number of batches) batches 209 26
Total Commercial Operating Income billion 11.3 6
Total commercial operating income billion RMB 11.3 5

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

Indicator Unit 2023 Report Pages
New Intellectual Property Rights Applications Filed by Commercial Management Business Department 183 6
New Intellectual Property Rights Applications Filed by Real Estate Development Business Department 122 6

Description of quality assurance process and recall procedures.

Indicator Unit 2021 2022 2023 Report Pages
Actual measurement pass rate for unfinished and finished properties % 94.68 26
Coverage of ISO 9001:2015 quality management system 100% 5
Monthly quality and safety assessment and inspection time (Commercial Complex Development Stage) Time 164 160 156 26
Project delivery assessment score (Commercial Complex Development Stage) Score 80.28 77.32 82.27 26
Project delivery assessment score (Residential Development Stage) Score 81.07 80.41 80.68 26
Unfinished and finished properties with actual measurement pass rate score 82.59 26

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

Indicator Unit 2023 Report Pages
Average hours of anti-corruption training per director (excluding independent directors) hours 6.8 16
Average hours of anti-corruption training per director (including independent directors) hours 2.7 16
Average hours of anti-corruption training per employee hours 1.8 16
Coverage rate of anti-corruption training of directors (excluding independent directors) 100% 16
Coverage rate of anti-corruption training of directors (including independent directors) 40% 16
Coverage rate of employees in integrity training 100% 16
Number of directors participating in anti-corruption training members 2 16
Number of employees participating in anti-corruption training persons 17672 16
Number of face-to-face integrity training sessions completed sessions 72 16
Number of participants in integrity training sessions participants 17700 16
Signing rate of the Clean and Self-discipline Commitment among employees 100% 16

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

Indicator Unit 2023 Report Pages
Attendance and condolences to employees experiencing difficulties times 15000 5
Funds for employees experiencing difficulties RMB 367000 5
Green area seeded (philanthropic brand 'Colorful Light Project') million square meters 1.8 5
Number of already serving communities communities 161 5
Number of properties delivered properties over 140000 5
Number of trees seeded (philanthropic brand 'Colorful Light Project') trees 185000 5
Percentage of Industry Associations among Stakeholders % 0.76 20
Percentage of NGOs among Stakeholders % 0.76 20
Percentage of Public among Stakeholders % 0.25 20
Percentage of Research Institutions among Stakeholders % 0.25 20
Public Welfare Brand 'Colorful Light Project' - 'Glorious Libraries' Benefiting Rural Schools Rural Schools 68 6
Public Welfare Brand 'Colorful Light Project' - Cumulatively Donated Trees Trees 185000 6
Public Welfare Brand 'Colorful Light Project' - Donating Over Rural Subsidies Rural Subsidies 160000 6
Public Welfare Brand 'Colorful Light Project' - Transforming Desert million square meters 1.8 6
WELL Certifications Unit 3 6

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

Indicator Unit 2023 Report Pages
Investment in Public Welfare Donations and Rural Revitalization million 42.02 6
Investment in public welfare activities million RMB 42.02 5
Number of participants in public welfare activities participants 290000 5
Number of public welfare activities organized activities 415 5
Revenue billion 119.5 6

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) tCO2e 28972 30968.75 43526.69
Indirect Energy Emissions (Scope 2) tCO2 503716 498798.51 451064.13
Total GHG Emissions tCO2e 532687 529767.26 494590.81
Total GHG Emissions Intensity (By Revenue) Tons/RMB million of rental and management fee income from urban complexes 19.79 16.91 29.8

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

Standard Indicator Unit 2021 2022 2023
Non-Hazardous Waste (Construction Waste) Tons 18085 53170.87 95089
Non-Hazardous Waste (Domestic Waste) Tons 143797 110105.35 223569.6
Non-Hazardous Waste (Kitchen Waste) Tons 4256 2251.88 6009
Non-Hazardous Waste Disposed Tons 166138 165528.1 324687.6

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

Standard Indicator Unit 2023
GHG Emissions Reduction Compared to Last Year tons 110000

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
Energy Consumption Intensity (By Revenue) MWh/RMB million of rental and management fee income from urban complexes 63.94 62.66 52.14
Gasoline Consumption Ten thousand litre 55.14 4.26 8.98
Natural Gas Consumption Ten thousand m³ 1283.31 1428 2003.88
Purchased Electricity MWh 588720 591825 679240
Purchased Heating GJ 287700 410461 355260
Total Direct Energy Consumption MWh 36380 39169 55037
Total Energy Consumption MWh 639800 627014 590443
Total Indirect Energy Consumption MWh 603420 587845 535406

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

Standard Indicator Unit 2021 2022 2023
Water Consumption Tons 15756327 16510574 20512671
Water Consumption Intensity (By Revenue) Tons/RMB million 1877.14 1697.36 1882.58

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

Standard Indicator Unit 2023
Energy Consumption Reduction Percentage Compared to Last Year % 10

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

Standard Indicator Unit 2023
Number of Employees Aged 30-50 person 15200
Number of Employees Aged Above 50 person 386
Number of Employees Aged Below 30 person 6776
Number of Female Employees person 7848
Number of Full-time Employees person 22361
Number of Male Employees person 14513
Number of Total Employees person 22361
Percentage of Employees Aged 30-50 % 67.98
Percentage of Employees Aged Above 50 % 1.73
Percentage of Employees Aged Below 30 % 30.31
Percentage of Female Employees % 35.09
Percentage of Full-time Employees % 100
Percentage of Male Employees % 64.91

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

Standard Indicator Unit 2023
Turnover Rate of Employees Aged 30-50 % 28.65
Turnover Rate of Employees Aged Above 50 % 30.6
Turnover Rate of Employees Aged Below 30 % 39.66
Turnover Rate of Female Employees % 34.06
Turnover Rate of Male Employees % 29.5
Turnover Rate of Total Employees % 31.17

Lost days due to work injury.

Standard Indicator Unit 2022
Lost Days Due to Work-related Injuries Day 93

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

Standard Indicator Unit 2021 2022 2023
Investment in Work Safety yuan 76093400 97899300 110440000
Number of People Receiving Training on Work Safety person-times 283200 294800 851600
Number of Safety knowledge lectures sessions 318 308 20095
Participation Rate of Safety Training % 100 100 100

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

Standard Indicator Unit 2023
Percentage of Employees Trained % 100
Percentage of Trained Female Employees % 43.03
Percentage of Trained General Employees % 88.36
Percentage of Trained Male Employees % 56.97
Percentage of Trained Middle Management % 11.36
Percentage of Trained Senior Management % 0.28

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

Standard Indicator Unit 2023
Average Training Hours per Employee hours 39.41

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

Standard Indicator Unit 2023
Number of Supplier Social Responsibility Training Sessions sessions 5604

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

Standard Indicator Unit 2023
Number of New Patent Applications 305

Description of quality assurance process and recall procedures.

Standard Indicator Unit 2023
Passing Rate of Third-party Accreditation Performed under the Quality Management System % 100

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

Standard Indicator Unit 2023
Anti-corruption Training Coverage among Directors and Management % 100
Average Anti-corruption Training Hours for Directors and Management hours 6.8
Average Anti-corruption Training Hours for General Employees hours 1.8
Average Hours of Anti-corruption Training hours 1.8
Coverage Rate of Ethical Standards and Anti-Corruption Training % 100
Coverage of Anti-corruption Training for Employees % 100
Number of Anti-corruption Training Session sessions 72
Number of Attendance for Anti-corruption Training person-times 17700
Number of Directors and Management Attendance for Anti-corruption Training members 2
Number of General Employees Attendance for Anti-corruption Training persons 17672
Number of People Participated in Ethical Standards and Anti-corruption Training participants 17700

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

Standard Indicator Unit 2023
Total Public Welfare Donations million 42.02
Total Social Investment million 42.02