2024 Environmental, Social & Governance Report

Year: 2024
Published: 2025-04-24
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2024 Report Pages
NOx emissions kg 422.89 48, 78
Particulate matter kg 37.67 78
Particulate matter emissions kg 37.67 48
SOx emissions kg 3.8 48, 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).

Indicator Unit 2023 2024 Report Pages
Direct Emissions (Scope 1) tonne CO2e 1776.93 78
Direct emissions (Scope 1) - Metric tons of carbon dioxide equivalent metric tons CO2e 1319 834 52
Greenhouse gas emission density tonne CO2e/0000 sq.m. 502.58 46
Indirect emissions (Scope 2) tonne CO2e 27605.31 78
Indirect emissions (Scope 2) - Metric tons of carbon dioxide equivalent metric tons CO2e 31279 27605 52
Indirect energy intensity MWh/0000 sq.m. 839.53 78
Other emissions (Scope 3) tonne CO2e 834.43 78
Other emissions (Scope 3) - Metric tons of carbon dioxide equivalent metric tons CO2e 1680 1777 52
Scope 1 direct greenhouse gas emissions tonne CO2e 1776.93 46
Scope 2 energy indirect greenhouse gas emissions tonne CO2e 27605.31 46
Scope 3 other indirect greenhouse gas emissions tonne CO2e 834.43 46
Total Emission Intensity - Metric tons of carbon dioxide equivalent per 10000 square meters metric tons CO2e/10000 m2 579 517 52
Total Emission intensity (Scope1+Scope 2) tonne CO2e/0000 sq.m. 502.58 78
Total Emissions (Scope 1+Scope 2) tonne CO2e 29382.24 78
Total greenhouse gas emissions tonne CO2e 29382.24 46

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

Indicator Unit 2024 Report Pages
Hazardous waste generated tonne 1.17 48
Intensity of hazardous waste tonne/0000 sq.m. 0.02 78
Total volume of hazardous waste generated tonne 1.17 78
Waste batteries tonne 0.14 78

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

Indicator Unit 2024 Report Pages
Food waste tonne 217 78
General office waste tonne 24.71 78
Intensity of non-hazardous waste tonne/0000 sq.m. 2.19 78
Non-hazardous waste generated tonne 241.71 48
Plastic tape tonne 1.33 79
Proportion of commercial projects with waste-efficient designs in 2024 % 100 37
Total volume of non-hazardous waste generated tonne 241.71 78
Waste ink cartridges tonne 0.5 78
Waste toner cartridges tonne 0.53 78

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

Indicator Unit 2029 2049 Report Pages
Carbon emission intensity reduction target for ultra-low/near-zero/zero energy buildings (compared with base year) 60% 52
Per capita carbon emissions reduction target (compared to 2021 level) 23% 52
Renewable energy and carbon neutrality implementation target within company operating boundaries 100% 52

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 2024 Report Pages
Biofuel Litre 9600 78
Compressed/pipeline natural gas MWh 2774.01 78
Compressed/pipeline natural gas energy consumption MWh 2774.01 46
Diesel MWh 62.06 78
Diesel energy consumption MWh 62.06 46
Direct energy consumption (excluding renewable energy consumption) MWh 7505.23 46, 78
Direct energy consumption density MWh/0000 sq.m. 128.36 46
Direct energy consumption intensity MWh/0000 sq.m. 128.38 78
Energy consumption density MWh/0000 sq.m. 967.91 46
Gasoline MWh 2369.24 78
Gasoline energy consumption MWh 2369.24 46
Indirect energy consumption MWh 49081.67 46, 78
Indirect energy consumption density MWh/0000 sq.m. 839.53 46
LNG MWh 337.33 78
LNG energy consumption MWh 337.33 46
LPG MWh 1962.6 78
LPG energy consumption MWh 1926.6 46
Photovoltaic MWh 210.86 78
Proportion of new projects applying renewable energy in 2024 % 100 37
Purchased Heat MWh 2214.38 78
Purchased electricity MWh 46867.29 46, 78
Purchased heat MWh 2214.38 46
Renewable energy (biofuel) consumption Litre 9600 46
Renewable energy (photovoltaic) consumption MWh 210.86 46
Total energy consumption (excluding renewable energy consumption) MWh 56586.9 46, 78
Total energy consumption intensity MWh/0000 sq.m. 967.91 78

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

Indicator Unit 2024 Report Pages
Proportion of commercial projects with water-efficient designs in 2024 % 100 37
Total water consumption cu.m. 1096536.53 79
Water consumption intensity cu.m./'0000 sq.m. 18756.07 79

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

Indicator Unit 2024 2024-2026 2049 Report Pages
COGO goal: proportion of ultra-low-energy, near-zero-energy, and zero-energy buildings by 2049 % 50% 38
COGO goal: retrofit ratio of self-owned commercial green buildings between 2024 and 2026 % 100% 38
Implementation ratio target for ultra-low/near-zero/zero energy buildings 50% 52
Number of energy efficiency retrofit programmes completed in 2024 projects 17 37
Percentage of new projects using renewable energy 100% 6

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

Indicator Unit 2024 Report Pages
Gift box tonne 0.02 79
Packaging material intensity tonne/'0000 sq.m. 0.74 79
Paper tonne 39.98 79
Total packaging material tonne 43.21 79

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

Indicator Unit 2024 Report Pages
Accumulated construction projects that have been certified as green buildings 216 6
Accumulated gross floor area certified for green buildings million square metres 44.516 6
Area of projects that had met green building standards million square metres 4451.6 79
Number of green building technology patents 17 83
Number of projects that had met green building standards 216 38, 79
Percentage of tenants covered by the third-party survey % 20.5 83
Proportion of new projects meeting the national green building design standards in 2024 % 100 37
Proportion of the number of projects that had met green building standards % 95 38, 79
Proportion of the number of projects that meet green building standards 100% 6
Proportion of total area of commercial real estate projects in operation that have obtained green building certification % 96 79

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

Indicator Unit 2024 Report Pages
Employee satisfaction score 91.3 6
Female proportion in STEM-related departments % 7.5 80
Female proportion in junior management % 16.9 80
Female proportion in management % 13 80
Female proportion in revenue-generating departments % 8.3 80
Number of employees 2429 2
Number of employees aged 30 or below Person 408 79
Number of employees aged 30 to 50 Person 1970 79
Number of employees aged 50 or above Person 51 79
Number of employees covered by the third-party employee satisfaction questionnaire Person 2187 80
Number of employees in Hong Kong Person 10 80
Number of employees in the Chinese Mainland Person 2419 80
Number of females Person 1049 79, 81
Number of full-time employees Person 2429 80
Number of general employees Person 2301 79, 81
Number of males Person 1380 79, 81
Number of middle management Person 97 79, 81
Number of senior management Person 31 79, 81
Number of senior management - Female Person 1 80
Number of senior management - Male Person 30 80
Number of senior management aged 30 to 50 Person 21 80
Number of senior management aged 50 or above Person 10 80
Proportion of Males % 56.8 79, 81
Proportion of employees aged 30 or below % 16.8 79
Proportion of employees aged 30 to 50 % 81.1 79
Proportion of employees aged 50 or above % 2.1 79
Proportion of employees in Hong Kong % 4 80
Proportion of employees in the Chinese Mainland % 99.6 80
Proportion of female employees 43.2% 2, 6
Proportion of females % 43.2 79, 81
Proportion of full-time employees % 100 80
Proportion of general employees % 94.7 79, 81
Proportion of middle management % 4 79, 81
Proportion of senior management % 1.3 79, 81
Proportion of senior management by geographical region - Chinese Mainland % 30 80
Proportion of senior management by geographical region - Hong Kong % 1 80
Total number of employees Person 2429 79, 80

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

Indicator Unit 2024 Report Pages
Number of employee turnover - females Person 218 80
Number of employee turnover - males Person 337 80
Number of employee turnover aged 30 or below Person 122 80
Number of employee turnover aged 30 to 50 Person 422 80
Number of employee turnover aged 50 or above Person 11 80
Number of employee turnover in Hong Kong Person 1 80
Number of employee turnover in the Chinese Mainland Person 554 80
Proportion of employee turnover - females % 20.8 80
Proportion of employee turnover - males % 24.4 80
Proportion of employee turnover aged 30 or below % 29.9 80
Proportion of employee turnover aged 30 to 50 % 21.4 80
Proportion of employee turnover aged 50 or above % 21.6 80
Proportion of employee turnover in Hong Kong % 10 80
Proportion of employee turnover in the Chinese Mainland % 22.9 80
Ratio of Employee Turnover % 22.8 80

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

Indicator Unit 2024 Report Pages
Employee engagement Score 93.6 80
Employee engagement score 93.6 6
Employee satisfaction Score 91.3 80
Number of journal papers 11 83
Proportion of employees receiving training % 100 81
Total number of employees receiving training Person 2429 81

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

Indicator Unit 2024 Report Pages
Average training hours per employee Hour 24.3 81
Average training hours per female employee Hour 23.2 81
Average training hours per general employee Hour 21.6 81
Average training hours per male employee Hour 25.1 81
Average training hours per middle management Hour 83.3 81
Average training hours per senior management Hour 40.3 81
Total training hours for employees Hour 58951 81
Training hours for directors Hour 14 83
Training hours for employees Hour 4000 83
Training hours for female employees Hour 24320 81
Training hours for general employees Hour 49622 81
Training hours for male employees Hour 34631 81
Training hours for middle management Hour 8079 81
Training hours for senior management Hour 1250 81

Number of suppliers by geographical region.

Indicator Unit 2024 Report Pages
Total number of tenants covered by the third-party survey 240 83

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
Carbon inventory training sessions for contractors and suppliers 23 6

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
Green agreement signing rate for active tenants 92% 48
Green agreement signing rate for active tenants has been achieved 92% 6
Green agreement signing rate for new tenants 100% 48
Number of suppliers involved in the Green Supply Chain Construction Initiative of the 'Qinglu Plan' 132 6

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

Indicator Unit 2024 Report Pages
Delivery satisfaction score 94.3 6

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

Indicator Unit 2024 Report Pages
Customer satisfaction score points 90.9 2, 6
Number of responses to individual questionnaires Person 1947 80
Number of survey responses received 212 83
Number of tenants in portfolio Person 1043 83
Number of tenants who received the third-party tenant satisfaction survey Person 212 83

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

Indicator Unit 2024 Report Pages
Number of invention patents 5 83
Number of registered trademarks 10 83
Number of software copyrights 13 83
Number of utility model patents 12 83
Total number of intellectual properties 51 83

Description of quality assurance process and recall procedures.

Indicator Unit 2024 Report Pages
Housing quality satisfaction score 91.6 6

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

Indicator Unit 2024 Report Pages
Completion rate of rectification and correction of internal control points not meeting standards 100% 6
Coverage rate of employees who signed the Statement of Integrity Commitment and new bid-winning suppliers that signed the Integrity Agreement 100% 6
Survey response rates provided by the third-party % 80.2 80

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

Indicator Unit 2024 Report Pages
Cumulative attendance in anti-corruption training for directors Person-times 8 83
Cumulative attendance in anti-corruption training for employees Person-times 2000 83
Number of Directors who received training on anti-corruption Person 3 83
Number of anti-corruption training courses 8 83
Number of anti-corruption training sessions 11 83
Number of employees who received anti-corruption training Person 1203 83
Number of employees who received anti-corruption training (person-times) Person-times 2008 83
Number of employees who received training on anti-corruption (employees) Person 1200 83
Number of training courses on anti-corruption for directors 4 83
Number of training courses on anti-corruption for employees 4 83
Number of training hours on anti-corruption Hour 4014 83
Number of training sessions on anti-corruption for directors 4 83
Number of training sessions on anti-corruption for employees 7 83

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

Indicator Unit 2024 Report Pages
Number of activities for clean culture construction this year 212 6
Number of clean culture construction activities 212 83
Number of participants in clean culture building activities Person-times 15624 83
Number of participants in the clean culture construction activities 15624 6
Response rate for tenant third-party survey % 88.3 83

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

Indicator Unit 2024 Report Pages
Number of hours of participation per capita in clean culture building activities Hour 2 83
Revenue RMB billion 45.9 6
Total charitable contributions RMB 2437966 6
Total number of employee volunteering 8508 6
Total number of hours the employee took to volunteer hours 8136 6

The types of emissions and respective emissions data.

Standard Indicator Unit 2024
Airborne Particulate Matter (PM) Emissions kg 37.67
NOâ‚“ Emissions kg 422.89
SOâ‚“ Emissions kg 3.8

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 2023 2024
Direct GHG Emissions (Scope 1) tonne CO2e 1319 1776.93
Indirect Energy Emissions (Scope 2) tonne CO2e 31279 27605.31
Total GHG Emissions tonne CO2e 34278 29382.24
Total GHG Emissions Intensity (By Area) metric tons CO2e/10000 m2 579 502.58
Total Other Indirect Energy Emissions (Scope 3) tonne CO2e 1680 834.43

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

Standard Indicator Unit 2024
Hazardous Waste (Used Batteries) tonne 0.14
Total Hazardous Waste tonne 1.17
Total Hazardous Waste Intensity (By Area) tonne/0000 sq.m. 0.02

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

Standard Indicator Unit 2024
Non-Hazardous Waste (Domestic Waste) tonne 241.71
Non-Hazardous Waste (Kitchen Waste) tonne 217
Non-Hazardous Waste (Office Waste) tonne 24.71
Non-Hazardous Waste Disposed tonne 241.71
Plastic Waste tonne 1.33
Total Non-Hazardous Waste Intensity (By Area) tonne/0000 sq.m. 2.19

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

Standard Indicator Unit 2029 2049
Target GHG Emissions Reduction Percentage by 2030 Compared to 2021 % 23
Target Reduction in GHG Intensity Percentage by 2030 Compared to 2021 % 60

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
Target Hazardous Waste Intensity Reduction Percentage Compared to Last Year % 50

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 2024
CNG Consumption MWh 2774.01
Diesel Fuel Consumption MWh 62.06
Direct Energy Intensity (By Area) MWh/0000 sq.m. 128.36
Energy Consumption Intensity (By Area) MWh/0000 sq.m. 967.91
Gasoline Consumption MWh 2369.24
Indirect Energy Intensity (By Area) MWh/0000 sq.m. 839.53
LNG Consumption MWh 337.33
LPG Consumption MWh 1926.6
Natural Gas Consumption MWh 2774.01
Purchased Electricity MWh 46867.29
Purchased Heating MWh 2214.38
Renewable Energy Consumption MWh 210.86
Solar Energy MWh 210.86
Total Direct Energy Consumption MWh 7505.23
Total Energy Consumption MWh 56586.9
Total Indirect Energy Consumption MWh 49081.67

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

Standard Indicator Unit 2024
Water Consumption cu.m. 1096536.53
Water Consumption Intensity (By Revenue) cu.m./'0000 sq.m. 18756.07

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

Standard Indicator Unit 2024
Number of Energy-saving and Carbon Reduction Demonstration Projects Achieved projects 17

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

Standard Indicator Unit 2024
Packaging Material Consumption (Paper) tonne 41.86
Packaging Material Intensity (By Area) tonne/'0000 sq.m. 0.74
Packaging Materials Consumed tonne 43.21

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 Person 1970
Number of Employees Aged Above 50 Person 51
Number of Employees Aged Below 30 Person 408
Number of Employees in Hong Kong Person 10
Number of Employees in Mainland China Person 2419
Number of Female Employees Person 1049
Number of Full-time Employees Person 2429
Number of General Employees Person 2301
Number of Male Employees Person 1380
Number of Middle Management Employees Person 97
Number of Senior Management Employees Person 31
Number of Senior Management Employees (Female) Person 1
Number of Senior Management Employees (Male) Person 30
Number of Total Employees Person 2429
Percentage of Employees Aged 30-50 % 81.1
Percentage of Employees Aged Above 50 % 2.1
Percentage of Employees Aged Below 30 % 16.8
Percentage of Employees in Hong Kong % 4
Percentage of Employees in Mainland China % 99.6
Percentage of Female Employees % 43.2
Percentage of Full-time Employees % 100
Percentage of General Employees % 94.7
Percentage of Male Employees % 56.8
Percentage of Middle Management Employees % 4
Percentage of Senior Management Employees % 1.3

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

Standard Indicator Unit 2024
Turnover Rate of Employees Aged 30-50 % 21.4
Turnover Rate of Employees Aged Above 50 % 21.6
Turnover Rate of Employees Aged Below 30 % 29.9
Turnover Rate of Employees in Hong Kong % 10
Turnover Rate of Employees in Mainland China % 22.9
Turnover Rate of Female Employees % 20.8
Turnover Rate of Male Employees % 24.4
Turnover Rate of Total Employees % 22.8

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

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

Standard Indicator Unit 2024
Average Training Hours (Female) Hour 23.2
Average Training Hours (General Employees) Hour 21.6
Average Training Hours (Male) Hour 25.1
Average Training Hours (Middle Management) Hour 83.3
Average Training Hours (Senior Management) Hour 40.3
Average Training Hours per Employee Hour 24.3
Total Training Hours Hour 58951

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

Standard Indicator Unit 2024
Number of Authorised Utility Model Patents 12
Number of Intellectual Property Rights Obtained by the Company 51
Number of Invention Patents 5

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

Standard Indicator Unit 2024
Percentage of Employees Anti-corruption Policies have been Communicated to % 100
Percentage of Suppliers Accepting Anti-corruption Policies % 100

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

Standard Indicator Unit 2024
Number of Anti-corruption Training Session 11
Number of Attendance for Anti-corruption Training Person-times 2008
Number of Directors and Management Attendance for Anti-corruption Training Person-times 8
Number of General Employees Attendance for Anti-corruption Training Person-times 2000
Number of People Participated in Ethical Standards and Anti-corruption Training Person 1203
Total Hours of Anti-corruption Training Hour 4014
Total Hours of Anti-corruption Training for Employees Hour 4014

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

Standard Indicator Unit 2024
Number of Employees Participating in Volunteer Activities 8508
Total Public Welfare Donations RMB 2437966
Total Volunteer Service Hours hours 8136