2024 ESG Report

Year: 2024
Published: 2025-04-16
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 2022 2023 2024 Report Pages
Annual carbon emissions offset tons 17000 4
Carbon Emission Reductions tons 29982 5
Carbon emission reduction from rooftop distributed photovoltaic power stations tons 29982 32
Intensity of greenhouse gas emission (Tons/RMB million of rental and management fee income from urban complexes) Tons/RMB million 17 30 31 38
Rooftop Distributed Photovoltaic Power Stations Annual Power Generation Capacity MWh 37398 5
Scope 1 + Scope 2 GHG emissions intensity (urban complex rental and management fee income) tCO2e/million yuan 53 44 49 32
Scope 1: Direct energy emissions tCO2e 30969 43527 34634 32
Scope 2: Indirect energy emissions tCO2 498799 451064 589068 32
Total Scope 1 + Scope 2 GHG emissions tCO2e 529767 494591 623702 32

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

Indicator Unit 2022 2023 2024 Report Pages
Construction waste Tons 53171 95089 81578 38
Domestic waste Tons 110105 223590 169112 38
Kitchen waste Tons 2252 6009 145565 38
Total discharge of non-hazardous waste Tons 165528 324688 396255 38

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

Indicator Unit 2024 Report Pages
Carbon emissions offset by green electricity trading tons 17000 39
Carbon emissions offset by green electricity transaction tons 17000 32
Offsetting Carbon Emissions tons 17000 5

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 2022 2023 2024 Report Pages
Amount of green electricity purchased MWh 19570 135380 21610 38
Annual power generation capacity from rooftop distributed photovoltaic power stations MWh 37398 32
Direct energy consumption MWh 139166 217513 173447 38
Electricity consumption MWh 591825 679240 760650 38
Gasoline consumption L 42597 89781 34947 38
Green electricity transaction volume GWh 22 32
Heat consumption GJ 410461 355260 423110 38
Indirect energy consumption MWh 587845 498670 669660 38
Installed capacity of rooftop distributed photovoltaic power stations MW 38 32
Intensity of energy consumption (MWh/RMB million of rental and management fee income from urban complexes) MWh/RMB million 63 52 59 38
Natural gas consumption Ten thousand m³ 1428 2004 1598 38
Number of green electricity traded annually GWh 22 4
Number of rooftop distributed photovoltaic power stations built and connected to grid 67 32
Number of ultra-low energy buildings 2 32
Total energy consumption MWh 627041 590443 766380 38

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

Indicator Unit 2022 2023 2024 Report Pages
Annual Green Power Traded GWh 22 5
Water consumption Tons 16610574 20512761 25323128 38
Water intensity (Tons/RMB million of rental and management fee income from urban complexes) Tons/RMB million 1697 1883 1977 38

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

Indicator Unit 2024 Report Pages
Number of projects with completed green electricity purchase 14 32

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 2024 Report Pages
Number of sponge city projects with annual rainfall capture ratio over 75% projects 38 39

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

Indicator Unit 2022 2023 2024 Report Pages
Area of desert greened under New Green Action five-year plan square meters 1000000 58
Area of land greening by 'New Greenery Plan' million square meters 2.05 4
Cumulative Number of LEED-certified Buildings 13 5
Cumulative Number of National Smart Buildings 4 5
Cumulative Number of Ultra-low Energy-consuming Buildings 2 5
Cumulative Number of WELL-certified Buildings 4 5
Cumulative Total of Projects with National Green Building Operation Labels 45 5
Cumulative area of projects under construction meeting national requirements for green buildings square meters (assumed, as 'area' is mentioned but unit not specified) 3944 6
Green Construction Coverage Rate for Newly Constructed Projects % 100 5
Green construction coverage rate for newly constructed projects % 100% 6
Newly Obtained Certification of Green Building units 2 5
Number of LEED certifications 13 32
Number of Wuyue Plazas opened or under construction Wuyue Plazas 15 4
Number of Wuyue Plazas with green mall certification 15 32
Number of board partners in Wuyue Green and Low-Carbon Action 3+3 Initiative partners 30000 4
Number of green building certifications obtained (domestic and international) certifications 64 4
Number of national smart buildings 4 32
Number of patrol process inspections conducted 320 23
Number of projects with national green building operation labels 45 32
Number of residential units delivered 100000 5
Number of saplings donated by end of 2024 saplings 210000 58
Number of sponge city construction projects applied projects 67 39
Project process evaluation score (residential development stage, Real Estate Development Division) points 90 90 91 23
Total area of desert greened by end of 2024 million square meters 2.05 58
Total number of Wuyue Plazas with green mall certification 100 32
Total number of green mall certifications 100 36
Wuyue Plaza Certified as Green Malls (cumulative units) units 100 5
Wuyue Plaza Certified as Green Malls (units in 2024) units 15 5

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

Indicator Unit 2022 2024 Report Pages
Annual revenue in commercial operations RMB billion RMB10 billion 6
Collective labor contract signing rate % 100 49
Employees' labor contract signing rate % 100 49
Employees' social insurance coverage rate % 100 49
Number of Board of Directors aged between 30 and 40 1 13
Number of Board of Directors aged between 40 and 50 2 13
Number of Board of Directors aged between 50 and 60 2 13
Number of Board of Directors aged between 60 and 70 2 13
Number of Board of Directors meetings convened 6 13
Number of Board of Directors with bachelor's degree 1 13
Number of Board of Directors with doctorate degree 1 13
Number of Board of Directors with master's degree 5 13
Number of Board of Directors with term of service from five to ten years 2 13
Number of Board of Directors with term of service less than five years 2 13
Number of Board of Directors with term of service more than ten years 1 13
Number of consecutive years awarded 'Best Employer in China' years 18 32
Number of employees 30 years old and above 14316 49
Number of employees in Jiangsu 5713 49
Number of employees in Shanghai 1049 49
Number of employees in Zhejiang 1825 49
Number of employees in other regions 11656 49
Number of employees under 30 years old 5927 49
Number of executive directors on Board of Directors 3 13
Number of female Board of Directors 1 13
Number of female employees 7016 49
Number of full-time employees 20243 49
Number of independent non-executive directors on Board of Directors 3 13
Number of male Board of Directors 6 13
Number of male employees 13227 49
Number of non-executive directors on Board of Directors 1 13
Per capita paid annual leave days days 7.6 50
Per capita paid welfare vacation days days 2.6 50
Percentage of employees 30 years old and above % 70.72 49
Percentage of employees in Jiangsu % 28.22 49
Percentage of employees in Shanghai % 5.18 49
Percentage of employees in Zhejiang % 9.02 49
Percentage of employees in other regions % 57.58 49
Percentage of employees under 30 years old % 29.28 49
Percentage of female employees % 34.66 49
Percentage of male employees % 65.34 49
Rank among the Top 100 Private Enterprises in the Service Sector in China 21 7
Rank among the Top 500 Private Enterprises in China 82 7
Stakeholder composition: Employees % 63.48 9
Stakeholder composition: Members of Board of Directors % 0.50 9
Stakeholder composition: Members of Management Team % 0.25 9
Stakeholder composition: Shareholders and Investors % 12.34 9
Top 10 China Real Estate Developers in Commercial Real Estate Operation Top 10 7
Top 10 China Real Estate Developers in Comprehensive Strength Top 10 7
Top 10 China Real Estate Enterprises in Comprehensive Operations Top 10 7
Top 10 China Real Estate Enterprises in Financing Capacities Top 10 7
Top 10 China Real Estate Enterprises in Profitability Top 10 7
Top 10 China Real Estate Listed Companies in Commercial Operations Top 10 7
Top 10 China Real Estate Listed Companies in Comprehensive Strength Top 10 7
Total Assets billion 309.1 5
Total Workforce employees 20243 5
Total number of employees 20243 49

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

Indicator Unit 2024 Report Pages
Employee turnover rate (30 years old and above) % 8.49 50
Employee turnover rate (Jiangsu) % 11.21 50
Employee turnover rate (Other regions) % 10.45 50
Employee turnover rate (Shanghai) % 14.23 50
Employee turnover rate (Zhejiang) % 0.87 50
Employee turnover rate (female) % 12.42 50
Employee turnover rate (male) % 8.80 50
Employee turnover rate (overall) % 10.09 50
Employee turnover rate (under 30 years old) % 13.71 50

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

Indicator Unit 2024 Report Pages
Accident rate (all employees, contractors, and suppliers) per million square meters per million square meters <0.1 51
Minor injury rate per thousand people per thousand people ≤2 51
Number of general and above work safety accidents Accident 5 53
Number of major safety hazards Hazard 58 53
Serious injury rate per thousand people per thousand people ≤2 51

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

Indicator Unit 2024 Report Pages
Annual safety operations investment million RMB 16.36 4
Coverage rate of safety training % 100 53
Emergencies Emergency 38 53
Number of items of inspection during operation period 6470 23
Number of operation period assessments 588 23
Number of regional inspections of projects during operation period 2 23
Rectification rate of major items subject to additional deduction of points % 100 23
Rectification rate of major items subject to double deduction of points % 100 23
Rectification rate of safety hazards % 100 53
Total Investment in Work Safety million 616.36 5
Total investment in work safety RMB10000 27477 53

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

Indicator Unit 2024 Report Pages
Coverage of Online Employee Training % 100 5
Employee engagement index % 84 50
Employee online training coverage % 100 4, 55
Number of WELL certifications 4 32
Number of marketing course participants (online and offline) participants 10000 55
Number of offline training sessions conducted under Tuo, Ying, and Yin programs sessions 30 55
Number of training sessions conducted Session 15616 53
Percentage of female employees trained online % 44.81 55
Percentage of general employees trained online % 88.9 55
Percentage of male employees trained online % 55.19 55
Percentage of middle management trained online % 10.62 55
Percentage of senior management trained online % 0.48 55
Training sessions conducted 3968 55

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

Indicator Unit 2024 Report Pages
Per capita duration of female employees trained online hours 61 55
Per capita duration of general employees trained online hours 59 55
Per capita duration of male employees trained online hours 51 55
Per capita duration of middle management trained online hours 36 55
Per capita duration of senior management trained online hours 7 55
Per capita online training duration hours 55 55
Per capita training investment RMB 329 55
Total investment in employee training million RMB 4.12 55
Training Investment Per Capita 329 5

Number of suppliers by geographical region.

Indicator Unit 2024 Report Pages
Green building materials suppliers accounted for 70% 32
Number of new residential units developed neighborhoods 18 4
Number of suppliers engaged suppliers 5237 4
Outstanding Listed Real Estate Company by Agent-Construction Operation in China Outstanding 7
Stakeholder composition: Brand Merchants % 1.76 9
Stakeholder composition: Industry Associations % 7.30 9
Stakeholder composition: Suppliers % 0.25 9
Year-on-year increase in green building materials suppliers 16% 32

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 2024 Report Pages
Coverage of Supplier Training % 100 5
Number of batches in third-party process evaluations batches 209 23
Number of third-party delivery evaluations (including pre-opening inspections) 187 23
Number of third-party process evaluations conducted 141 23
Signing Rate of the Honest Cooperation Agreement % 100 5

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

Indicator Unit 2024 Report Pages
Number of strategic cooperative suppliers for green building materials certification 90 32

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

Indicator Unit 2023 2024 Report Pages
Number of quality defects found 9000 23
Number of quality residential properties provided nationwide households over 850000 6
Stakeholder composition: Customers % 0.50 9

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

Indicator Unit 2010 2013 2015 2017 2024 Report Pages
Annual sales of Wuyue Plazas RMB billion RMB126.5 billion 6
Annual total sales RMB billion RMB10 billion RMB20 billion RMB30 billion 6
Commercial customer satisfaction score 87 25
Commercial stores satisfaction score 94 25
Contracted Sales billion 40.2 5
Net profit Attributable to Equity Holders million 490 5
Number of customer inquiries and complaints handled by 4008 call center customer inquiries and complaints 49405 24
Number of customer inquiries and complaints handled by service desk customer inquiries and complaints 3064 24
Number of valid customer satisfaction business questionnaires collected throughout the year 74649 25
Rate of successful resolution of customer complaints % 95 24
Real estate development satisfaction score 65 25
Response rate and feedback rate for customer inquiries, complaints, warranties and other matters regarding products and services (4008 call center) % 100 24
Total commercial operation revenue billion RMB 12.8 4

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

Indicator Unit 2024 Report Pages
Cumulative Number of Authorized Patents 613 5
New Copyright Applications 17 16
New Trademark Registrations 102 16
Newly Granted Patents 54 5, 16
Total design patents as of end of reporting period 463 16
Total granted patents as of end of reporting period 613 16
Total invention patents as of end of reporting period 11 16
Total utility model patents as of end of reporting period 139 16

Description of quality assurance process and recall procedures.

Indicator Unit 2022 2023 2024 Report Pages
Number of quarterly joint inspections completed regions 13 23
Project delivery evaluation score (residential development stage, Real Estate Development Division) points 80 81 80 23
Rectification rate of significant quality risks % 100 23
Total number of items of inspection inspected 55470 23

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 2024 Report Pages
Number of interim reports published by Seazen and its subsidiaries 114 13
Number of major items subject to additional deduction of points 213 23
Number of major items subject to double deduction of points 1026 23

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

Indicator Unit 2024 Report Pages
Number of audit-related reports received by the Audit and Supervision Center of Seazen Group reports 30 15
Number of declarations on conflict of interest 40000 16
Number of integrity survey responses collected 26000 16
Number of recommendation-related reports received by the Audit and Supervision Center of Seazen Group reports 8 15
Number of regular reports published by Seazen and its subsidiaries 7 13
Number of special assessments conducted 182 23
Number of specialized committee meetings of the Board of Directors 9 13
Number of supervision-related reports received by the Audit and Supervision Center of Seazen Group reports 16 15
Total number of reports received by the Audit and Supervision Center of Seazen Group reports 54 15

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

Indicator Unit 2024 Report Pages
Average hours of anti-corruption training per director (excluding independent directors) hours 7.5 16
Average hours of anti-corruption training per employee hours 2 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
Number of directors participating in anti-corruption training members 2 16
Number of employees participating in anti-corruption training 19935 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 2024 Report Pages
Commercial Operating Income billion 12.8 5
Donation to Dayu School in Yanch District, Yuncheng of Shanxi Province million yuan 3 58
Donation to Tianjin Ninghe District Charity Association yuan 300000 58
Excellent Operation Enterprise for Real Estate Development Services in China Excellent 7
Government awards for green malls (cumulative) yuan 3 million 32
Number of Wuyue Plazas participants in Glorious Library project participants 37015 58
Number of people reached by Wuyue Green and Low-Carbon Action 3+3 Initiative million people 43 4
Number of rural primary schools benefited by 'Colorful Light Plan' schools 74 4
Number of shareholders' meetings 2 13
Number of trees planted under New Green Action five-year plan trees 100000 58
Public welfare input from rural ecological revitalization activities in Alxa yuan 170000 58
Stakeholder composition: NGOs % 0.76 9
Stakeholder composition: Public % 12.09 9
Stakeholder composition: Research Institutions % 0.76 9
Top 10 Real Estate Developers in terms of Comprehensive Strength in Commercial Real Estate Top 10 7
Top 100 Commercial Real Estate Enterprises in China Top 100 7
Top 5 China Real Estate Listed Companies in Business Performance Top 5 7
Total area of residential units delivered million square meters 13.89 5

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

Indicator Unit 2016 2024 Report Pages
Amount allocated for employee and community assistance RMB 130000 4
Annual sales RMB billion RMB65 billion 6
Assisted employees in need (total expenditure) RMB 130000 50
Charitable donations for rural revitalization million RMB 2.19 4
Cumulative Amount of Public Welfare Donations million 400 5
Cumulative value of social welfare undertakings by Seazen million RMB 400 58
Dedicated funds for rural revitalization invested by Seazen million RMB 2.19 58
Distance traveled by Seazen volunteers for Tengger Desert tree planting kilometers 2157 58
Number of books donated by 'Colorful Light Plan' books 220000 4
Number of books donated by Wuyue Plazas participants for Glorious Library project books 36386 58
Public welfare donations invested by Seazen million RMB 8.06 58
Revenue billion 89.2 5
The Company's Assistance Expenditure for Needy Employees 130000 5
Total charitable donations million RMB 8.06 4

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 2022 2023 2024
Direct GHG Emissions (Scope 1) tCO2e 30969 43527 34634
Indirect Energy Emissions (Scope 2) tCO2 498799 451064 589068
Total GHG Emissions tCO2e 529767 494591 623702
Total GHG Emissions Intensity (By Revenue) tCO2e/million yuan 53 44 49

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 2024
Non-Hazardous Waste (Construction Waste) Tons 53171 95089 81578
Non-Hazardous Waste (Domestic Waste) Tons 110105 223590 169112
Non-Hazardous Waste (Kitchen Waste) Tons 2252 6009 145565
Non-Hazardous Waste Disposed Tons 165528 324688 396255

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

Standard Indicator Unit 2024
CO2 Emissions Reduction Compared to Last Year tons 17400

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 2022 2023 2024
Energy Consumption Intensity (By Revenue) MWh/RMB million 63 52 59
Gasoline Consumption L 42597 89781 34947
Natural Gas Consumption Ten thousand m³ 1428 2004 1598
Purchased Electricity MWh 591825 679240 760650
Total Direct Energy Consumption MWh 139166 217513 173447
Total Energy Consumption MWh 627041 590443 766380
Total Indirect Energy Consumption MWh 587845 498670 669660

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

Standard Indicator Unit 2022 2023 2024
Water Consumption Tons 16610574 20512761 25323128
Water Consumption Intensity (By Revenue) Tons/RMB million 1697 1883 1977

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

Standard Indicator Unit 2024
Number of Employees Aged 30-50 employees 14316
Number of Employees Aged Below 30 employees 5927
Number of Employees in Mainland China employees 20243
Number of Female Employees employees 7016
Number of Full-time Employees employees 20243
Number of Male Employees employees 13227
Number of Total Employees employees 20243
Percentage of Employees Aged 30-50 % 70.72
Percentage of Employees Aged Below 30 % 29.28
Percentage of Employees in Mainland China % 100
Percentage of Female Employees % 34.66
Percentage of Male Employees % 65.34

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

Standard Indicator Unit 2024
Turnover Rate of Employees Aged 30-50 % 8.49
Turnover Rate of Employees Aged Below 30 % 13.71
Turnover Rate of Female Employees % 12.42
Turnover Rate of Male Employees % 8.8
Turnover Rate of Total Employees % 10.09

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

Standard Indicator Unit 2024
Investment in Work Safety million RMB 616.36
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 2024
Percentage of Employees Trained % 100
Percentage of Trained Female Employees % 44.81
Percentage of Trained General Employees % 88.9
Percentage of Trained Male Employees % 55.19
Percentage of Trained Middle Management % 10.62
Percentage of Trained Senior Management % 0.48

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

Standard Indicator Unit 2024
Average Training Hours (Female) hours 61
Average Training Hours (General Employees) hours 59
Average Training Hours (Male) hours 51
Average Training Hours (Middle Management) hours 36
Average Training Hours (Senior Management) hours 7
Average Training Hours per Employee hours 55

Number of suppliers by geographical region.

Standard Indicator Unit 2024
Number of Total Suppliers suppliers 5237

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 2024
Percentage of Suppliers Participated in Anti-corruption Training % 100

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

Standard Indicator Unit 2024
Complaints Handling Rate % 95
Total Number of Customer Complaints customer inquiries and complaints 52469

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

Standard Indicator Unit 2024
Accumulative Number of Patents Granted 613
Number of Authorised Utility Model Patents 139
Number of Invention Patents 11
Number of Patents Granted 54
Number of Patents Held 613
Number of Trademark Registrations 102

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

Standard Indicator Unit 2024
Anti-corruption Training Coverage among Directors and Management % 100
Average Anti-corruption Training Hours for Directors and Management hours 7.5
Average Anti-corruption Training Hours for General Employees hours 2
Average Hours of Anti-corruption Training hours 2.06
Coverage Rate of Ethical Standards and Anti-Corruption Training % 100
Coverage of Anti-corruption Training for Employees % 100
Number of Directors and Management Attendance for Anti-corruption Training people 2
Number of General Employees Attendance for Anti-corruption Training people 19935
Number of People Participated in Ethical Standards and Anti-corruption Training people 19937
Total Anti-corruption Training Hours for Directors and Management hours 15
Total Hours of Anti-corruption Training hours 39885
Total Hours of Anti-corruption Training for Employees hours 39870

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

Standard Indicator Unit 2024
Investment in Targeted Poverty Alleviation million RMB 2.19
Total Public Welfare Donations million RMB 8.06
Total Social Investment million RMB 400