2024 Environmental, Social and Governance Report

Year: 2024
Published: 2025-04-25
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2022 2023 2024 Report Pages
Carbon monoxide (CO) emissions Kg 2194 1391 770 130
Hydrocarbon (HC) emissions Kg 37 27 16 130
Nitrogen oxide (NOx) emissions Kg 522 371 216 130
Overall air emissions kilograms 3340 119
Particulate matters (PM) emissions Kg 6340 4019 2109 130
Sulfur oxides (SOx) emissions Kg 6 3 2 130
Volatile organic compounds (VOCs) emissions Kg 647 410 227 130

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
Direct GHG emissions (Scope 1) Tonnes 997 628 316 130
Direct GHG emissions (Scope 1) intensity (per square meter of gross floor area of construction and offices) 0.00005 0.00006 0.00004 130
Indirect GHG emissions (Scope 2) Tonnes 20513 14394 8517 130
Indirect GHG emissions (Scope 2) intensity (per square meter of gross floor area of construction and offices) 0.00094 0.00133 0.00102 130
Intensity of greenhouse gas emissions related to energy consumption tonnes per square meter 0.001 120
Intensity of greenhouse gas emissions related to energy consumption, percent increase compared to 2022 8% 120
Overall carbon emissions tonnes 8120 119

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

Indicator Unit 2022 2023 2024 2027 Report Pages
Asbestos (hazardous construction waste) Tonnes 1.35 0.85 0.5 131
Fluorescent light tubes (hazardous construction waste) Tonnes 1.04 0.66 0.35 131
Ink cartridges (hazardous office waste) Tonnes 1.35 0.78 0.36 131
Intensity of non-hazardous and hazardous wastes tonne per square meter 0.038 120
Intensity of non-hazardous and hazardous wastes, percent decrease compared to 2022 36% 120
Intensity of non-hazardous and hazardous wastes, percent decrease from 2022 8% 120
Toner cartridges (hazardous office waste) Tonnes 3.12 1.84 0.74 131

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
Asphalt (non-hazardous construction waste) Tonnes 329 199 116 131
Building debris (non-hazardous construction waste) Tonnes 29869 18099 10552 131
Change in intensity of sewage compared to 2022 % decrease -19 121
Concrete (non-hazardous construction waste) Tonnes 206811 122243 67704 131
Earth (non-hazardous construction waste) Tonnes 1047463 375144 207773 131
Metal scrap (non-hazardous construction waste) Tonnes 1126 683 378 131
Paper (non-hazardous office waste) Tonnes 40.38 30.24 15.38 131
Paper cups (non-hazardous office waste) Tonnes 3.2 2.05 1.02 131
Plastic bottles (non-hazardous office waste) Tonnes 0.78 0.41 0.18 131
Rubble (non-hazardous construction waste) Tonnes 3.99 2.42 1.41 131
Sewage discharge Tonnes 655837 352910 185172 130
Wood (non-hazardous construction waste) Tonnes 2798 1695 988 131

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

Indicator Unit 2024 2027 Report Pages
Intensity of energy consumption and corresponding greenhouse gas/air emissions, percent decrease from 2024 30% 120
Overall air emissions, percentage decrease compared to 2022 66% 119
Overall air emissions, target percentage decrease from 2022 10% 119
Overall carbon emissions, percentage decrease compared to 2022 62% 119
Overall carbon emissions, target percentage decrease from 2022 10% 119

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
Diesel consumption of building liter 97214 61622 34129 132
Diesel intensity (per square meter of gross floor area of construction) 0.0045 0.0057 0.0045 132
Electricity intensity (per square meter of gross floor area of construction) 1.5916 2.0401 1.7562 132
Electricity intensity (per square meter of gross floor area of offices) 136.1387 150.4557 77.5974 132
Gasoline consumption of building liter 62697 39742 22011 132
Gasoline consumption of office liter 236745 148230 68548 132
Gasoline intensity (per square meter of gross floor area of construction) 0.0029 0.0037 0.0029 132
Gasoline intensity (per square meter of gross floor area of offices) 7.2284 6.8514 4.6781 132
Natural gas consumption of building cubic meter 12155 7705 4492 132
Natural gas consumption of office cubic meter 19846 12564 5789 132
Natural gas intensity (per square meter of gross floor area of construction) 0.0006 0.0007 0.0006 132
Natural gas intensity (per square meter of gross floor area of offices) 0.6059 0.5807 0.3951 132
Total electricity consumption of building kWh 34681343 21984005 13406863 132
Total electricity consumption of office kWh 4458815 3255108 1137035 132

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

Indicator Unit 2022 2023 2024 2027 Report Pages
Change in intensity of water consumption compared to 2022 % increase 5 121
Intensity of sewage m³ per square meter 0.024 121
Intensity of water consumption m³ per square meter 0.163 121
Overall wastewater emissions tonnes 185172 120
Overall wastewater emissions, percent decrease compared to 2022 72% 120
Overall wastewater emissions, percent decrease from 2022 10% 120
Water consumption of building cubic meter 3294544 2082948 1214359 132
Water consumption of office cubic meter 95782 71679 30536 132
Water intensity (per square meter of gross floor area of construction) 0.1512 0.1933 0.1591 132
Water intensity (per square meter of gross floor area of offices) 2.9245 3.3131 2.0839 132

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

Indicator Unit 2013 2014 2015 2016 2017 2018 2022 2023 2024 Report Pages
Distribution of employees by age - Aged 30 to 49 percent 76% 46
Distribution of employees by age - Aged 50 or above percent 6% 46
Distribution of employees by age - Aged below 30 percent 18% 46
Distribution of employees by position - General staff percent 66% 46
Distribution of employees by position - Middle-level staff and management percent 30% 46
Distribution of employees by position - Senior management percent 4% 46
Distribution of employees by region - HKSAR percent 2% 46
Distribution of employees by region - Mainland China percent 97% 46
Distribution of employees by region - Singapore percent 1% 46
Employee gender ratio - Female percent 39% 46
Employee gender ratio - Male percent 61% 46
Employment for the year - 30–49 person 205 324 192 134
Employment for the year - 50 or above person 3 16 4 134
Employment for the year - Below 30 person 81 159 167 134
Employment for the year - Female person 113 217 142 134
Employment for the year - Hong Kong Special Administrative Region person 15 13 6 134
Employment for the year - Mainland China person 271 480 357 134
Employment for the year - Male person 176 282 221 134
Employment for the year - Singapore person 3 6 134
Percentage of full-time staff percent 98% 46
Rank in China Mainland TOP 10 Real Estate Company Listed in Hong Kong by Investment Value rank 3 11
Rank in Top 100 Chinese Real Estate Enterprises rank 46 40 38 32 29 26 11
Rank in Top 500 Enterprises in China rank 266 11
Total number of staff in Mainland China, Hong Kong SAR and Singapore employees 1436 46
Total workforce - Age group 30–49 person 1885 1734 1099 133
Total workforce - Age group 50 or above person 84 108 85 133
Total workforce - Age group below 30 person 392 396 252 133
Total workforce - Female person 749 760 554 133
Total workforce - General employee person 1522 1467 953 133
Total workforce - Hong Kong Special Administrative Region person 35 35 28 133
Total workforce - Mainland China person 2313 2187 1394 133
Total workforce - Male person 1612 1478 882 133
Total workforce - Middle level staff and management person 779 704 427 133
Total workforce - Senior management person 60 67 56 133
Total workforce - Singapore person 13 16 14 133

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

Indicator Unit 2022 2023 2024 Report Pages
Resignation for the year - Age group 30–49 person 1289 628 874 133
Resignation for the year - Age group 50 or above person 25 22 49 133
Resignation for the year - Age group below 30 person 433 164 223 133
Resignation for the year - Female person 530 265 363 133
Resignation for the year - Hong Kong Special Administrative Region person 15 12 11 133
Resignation for the year - Mainland China person 1725 800 1133 133
Resignation for the year - Male person 1217 549 783 133
Resignation for the year - Singapore person 7 2 2 133

Lost days due to work injury.

Indicator Unit 2022 2023 2024 Report Pages
Lost days due to work injury work days 75 30 18 134

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

Indicator Unit 2022 2023 2024 Report Pages
Number of trainees employees 14860 58
Number of training sessions attended sessions 256 58
Percentage of employees trained 100% 58
Percentage of employees trained - Female percentage 100% 100% 86.46% 134
Percentage of employees trained - General employee percentage 100% 100% 100% 134
Percentage of employees trained - Male percentage 100% 100% 100% 134
Percentage of employees trained - Middle level staff and management percentage 100% 100% 100% 134
Percentage of employees trained - Senior management percentage 100% 100% 67.86% 134

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

Indicator Unit 2022 2023 2024 Report Pages
Average number of training hours for employees hours 36 58
Average training hours of employees - Female hour 36 36.01 36.03 134
Average training hours of employees - General employee hour 36.2 36.2 37 134
Average training hours of employees - Male hour 36 36 35.99 134
Average training hours of employees - Middle level staff and management hour 35.94 35.98 35.91 134
Average training hours of employees - Senior management hour 31.8 31.63 32.13 134
Average training satisfaction score 95 58
Completion rate of annual training plan 100% 58
Total training hours attended by trainees hours 54397 58

Number of suppliers by geographical region.

Indicator Unit 2022 2023 2024 Report Pages
Percentage of suppliers located in China 100% 87
Total number of suppliers in Hong Kong person 4 134
Total number of suppliers in Mainland China person 4285 4572 4179 134

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
Total amount of green procurement million RMB 200 87

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

Indicator Unit 2012 Report Pages
Sales exceeding RMB10 billion billion RMB 10 11

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

Indicator Unit 2022 2023 2024 Report Pages
Average complaint handling time change % -9 62
Change in customer complaints compared to previous year % -4 62
Change in satisfaction for service delivery score points 1.32 62
Change in satisfaction for service delivery score (alternative) points 0.4 62
Number of customer complaints 576 62
Overall customer satisfaction score points 86.32 62
Satisfaction for service delivery score points 84.8 62
Service complaints received case 682 599 576 134

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 2018 2022 2023 Report Pages
Concluded legal cases regarding corrupt practices case 1 1 134
Guangdong Top 20 Creditworthy Real Estate Enterprises (consecutive years) years 16 11

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

Indicator Unit 2017 2018 2020 2021 2022 2023 2024 Report Pages
ESG rating by MSCI "BB" "BBB" "BBB" "A" "A" 10
Number of diversified community recreational activity sessions organized sessions 5195 62
Number of residents participating in community recreational activities million residents 4.32 62
Top 100 Chinese Real Estate Enterprises — Top 10 in Profitability rank Top 10 Top 10 11

The types of emissions and respective emissions data.

Standard Indicator Unit 2022 2023 2024
Airborne Particulate Matter (PM) Emissions Kg 6340 4019 2109
NOâ‚“ Emissions Kg 522 371 216
SOâ‚“ Emissions Kg 6 3 2

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) tonnes 997 628 316
Indirect Energy Emissions (Scope 2) tonnes 20513 14394 8517
Scope 1 GHG Emissions Intensity (By Area) tonnes per square meter 0.00005 0.00006 0.00004
Scope 2 GHG Emissions Intensity (By Area) tonnes per square meter 0.00094 0.00133 0.00102
Total GHG Emissions tonnes 21510 15022 8833
Total GHG Emissions Intensity (By Area) tonnes per square meter 0.001

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

Standard Indicator Unit 2022 2023 2024
Hazardous Waste (Office) Tonnes 4.47 2.62 1.1
Total Hazardous Waste Tonnes 6.86 4.13 1.95
Total Hazardous Waste Intensity (By Area) tonne per square meter 0.038

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) Tonnes 1268399.99 517065.42 287612.41
Non-Hazardous Waste (Office Waste) Tonnes 44.36 32.7 16.58
Paper Waste Tonnes 40.38 30.24 15.38
Plastic Waste Tonnes 0.78 0.41 0.18

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

Standard Indicator Unit 2024 2027
CO2 Emissions Reduction Percentage Compared to Last Year percent 62
GHG Emissions Reduction Percentage Compared to Last Year percent 66
Percentage of Reduction in GHG Intensity Compared to Last Year percent 30

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
Diesel Fuel Consumption liter 97214 61622 34129
Gasoline Consumption liter 299442 187972 90559
Natural Gas Consumption cubic meter 32001 20269 10281
Purchased Electricity kWh 39140158 25239113 14543998

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

Standard Indicator Unit 2022 2023 2024
Total Wastewater Discharge tonnes 185172
Water Consumption cubic meter 3294544 2082948 1214359
Water Consumption in Office cubic meter 95782 71679 30536

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

Standard Indicator Unit 2022 2023 2024
Number of Employees Aged 30-50 person 1885 1734 1099
Number of Employees Aged Above 50 person 84 108 85
Number of Employees Aged Below 30 person 392 396 252
Number of Employees in Hong Kong person 35 35 28
Number of Employees in Mainland China person 2313 2187 1394
Number of Employees in Singapore person 13 16 14
Number of Female Employees person 749 760 554
Number of General Employees person 1522 1467 953
Number of Male Employees person 1612 1478 882
Number of Middle Management Employees person 779 704 427
Number of New Employees person 289 499 363
Number of New Employees (Above 50) person 3 16 4
Number of New Employees (Aged 30-50) person 205 324 192
Number of New Employees (Aged Below 30) person 81 159 167
Number of New Employees (Female) person 113 217 142
Number of New Employees (Hong Kong) person 15 13 6
Number of New Employees (Mainland China) person 271 480 357
Number of New Employees (Male) person 176 282 221
Number of New Employees (Singapore) person 3 6
Number of Senior Management Employees person 60 67 56
Number of Total Employees employees 2777 2238 1436
Percentage of Employees Aged 30-50 percent 76
Percentage of Employees Aged Above 50 percent 6
Percentage of Employees Aged Below 30 percent 18
Percentage of Employees in Hong Kong percent 2
Percentage of Employees in Mainland China percent 97
Percentage of Employees in Singapore percent 1
Percentage of Female Employees percent 39
Percentage of Full-time Employees percent 98
Percentage of General Employees percent 66
Percentage of Male Employees percent 61
Percentage of Middle Management Employees percent 30
Percentage of Senior Management Employees percent 4

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

Standard Indicator Unit 2022 2023 2024
Turnover Rate of Employees Aged 30-50 person 1289 628 874
Turnover Rate of Employees Aged Above 50 person 25 22 49
Turnover Rate of Employees Aged Below 30 person 433 164 223
Turnover Rate of Employees in Hong Kong person 15 12 11
Turnover Rate of Employees in Mainland China person 1725 800 1133
Turnover Rate of Employees in Singapore person 7 2 2
Turnover Rate of Female Employees person 530 265 363
Turnover Rate of Male Employees person 1217 549 783

Lost days due to work injury.

Standard Indicator Unit 2022 2023 2024
Lost Days Due to Work-related Injuries work days 75 30 18

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

Standard Indicator Unit 2022 2023 2024
Percentage of Employees Trained percentage 100 100 100
Percentage of Trained Female Employees percentage 100 100 86.46
Percentage of Trained General Employees percentage 100 100 100
Percentage of Trained Male Employees percentage 100 100 100
Percentage of Trained Middle Management percentage 100 100 100
Percentage of Trained Senior Management percentage 100 100 67.86

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

Standard Indicator Unit 2022 2023 2024
Average Training Hours (Female) hour 36 36.01 36.03
Average Training Hours (General Staff) hour 36.2 36.2 37
Average Training Hours (Male) hour 36 36 35.99
Average Training Hours (Middle Management) hour 35.94 35.98 35.91
Average Training Hours (Senior Management) hour 31.8 31.63 32.13
Average Training Hours per Employee hours 36
Total Training Hours hours 54397

Number of suppliers by geographical region.

Standard Indicator Unit 2022 2023 2024
Number of Suppliers in Hong Kong person 4
Number of Suppliers in Mainland China person 4285 4572 4179
Number of Total Suppliers person 4289 4572 4179

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

Standard Indicator Unit 2022 2023 2024
Complaint Growth Rate % -4
Total Number of Customer Complaints case 682 599 576

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.

Standard Indicator Unit 2022 2023
Number of Concluded Corruption Lawsuits case 1 1