Sustainability Report 2024

Year: 2024
Published: 2025-04-28
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2024 Report Pages
Total HCl (gaseous state) emissions by Logic Office Furniture (Zhuhai) Ltd. kg 15.84 32
Total VOCs emissions by Logic Office Furniture (Zhuhai) Ltd. kg 3155.08 32
Total nitrogen oxide emissions by Logic Office Furniture (Zhuhai) Ltd. kg 190.98 32
Total particulate matter emissions by Logic Office Furniture (Zhuhai) Ltd. kg 3185.16 32
Total sulfur dioxide emissions by Logic Office Furniture (Zhuhai) Ltd. kg 497.8 32
Total toluene and xylene emissions by Logic Office Furniture (Zhuhai) Ltd. kg 2.49 32

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
CO2 emission intensity per RMB 10000 revenue (Scope 1 & 2, comparable price) tons/RMB 10000 0.0178 37
CO2 emissions (Scope 1 & 2, development and sales business, tons) tons 4579.66 37
CO2 emissions (Scope 1 & 2, ecosystem element business, tons) tons 45674.69 37
CO2 emissions (Scope 1 & 2, light asset management business, tons) tons 9777.79 37
CO2 emissions (Scope 1 & 2, operational real estate business - commercial, tons) tons 332768.17 37
CO2 emissions (Scope 1 & 2, operational real estate business - hotel, tons) tons 80039.19 37
CO2 emissions (Scope 1 & 2, operational real estate business - office, tons) tons 33579.19 37
CO2 emissions (Scope 1 & 2, subtotal, tons) tons 507480.50 37
CO2 emissions (Scope 3, operational real estate business - office, tons) tons 736197.64 37
CO2 emissions (Scope 3, subtotal, tons) tons 736197.64 37
Carbon dioxide emissions (All Emissions) Ton 486933.69 492511.00 507480.50 57
Carbon dioxide emissions (All Emissions, Market-based) Ton 453167.65 473295.28 495546.44 57
Carbon dioxide emissions (Scope 1) Ton 32575.32 35747.53 34913.24 57
Carbon dioxide emissions (Scope 1, Market-based) Ton 32575.32 35747.53 34913.24 57
Carbon dioxide emissions (Scope 2) Ton 454358.37 456763.47 472565.25 57
Carbon dioxide emissions (Scope 2, Market-based) Ton 420592.32 437549.97 460633.20 57
Carbon dioxide emissions per RMB 10000 operating income (comparable price) (All Emissions) Ton/RMB 10000 0.0250 0.0200 0.0179 57
Carbon dioxide emissions per RMB 10000 operating income (comparable price) (All Emissions, Market-based) Ton/RMB 10000 0.0232 0.0193 0.0174 57
Green power and green certificates (Scope 1 & 2, GWh) GWh 4445.71 37
Green power and green certificates (Scope 1 & 2, operational real estate business - office, GWh) GWh 4445.71 37
Green power and green certificates (Scope 3, operational real estate business - office, GWh) GWh 6964.29 37
Green power and green certificates (Scope 3, subtotal, GWh) GWh 6964.29 37

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

Indicator Unit 2022 2023 Report Pages
Waste Fluorescent Tubes Piece 33970 760 57

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
Earthwork (Non-Hazardous Waste) m³ 9853732 35948736 10462762 57
Reinforcing Steel Scrap (Non-Hazardous Waste) Ton 40943 72039 45231 57

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 2022 2023 2024 Report Pages
Quantity of Waste Paper/Waste Packaging Skins Recovered for Reuse Kg 240050 244392 246103 57
Recycled and reused wastepaper/waste wrapping paper by Logic Office Furniture (Zhuhai) Ltd. kg 246103 32

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
Actual energy consumption per square meter cubic meter/square meter 0.67 32
Comprehensive Energy Consumption In 10000 ton of standard coal 12047 12204 13632 57
Comprehensive Energy Consumption per RMB 10000 Operating Income (comparable price) In ton of standard coal/RMB 10000 0.0065 0.0053 0.0047 57
Concrete Consumption m³ 9853607 31291016 9646308 57
Diesel Consumption Ton 121 289.69 18.7 57
Electricity Consumption In 10 MWh 84510 72843.99 77392.86 57
Gasoline Consumption Ton 246 430.12 385.31 57
Natural Gas Consumption In 10000 Nm³ 1326.00 1560.04 1557.83 57
Other Energy Consumption In ton of standard coal 10.5 57

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

Indicator Unit 2022 2023 2024 Report Pages
Annual Freshwater Consumption In 10000 m³ 1718 2059.007 1835 57
Recycled water for production workshops for washing and spraying by Logic Office Furniture (Zhuhai) Ltd. cubic meters 156 32
Target water consumption per square meter cubic meter/square meter 0.7 32
Total raw water consumption million cubic meters 18.35 32
Water Consumption per RMB 10000 Operating Income In ton/RMB 10000 0.92 1.0143 0.6871 57

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

Indicator Unit 2022 2023 2024 Report Pages
Reinforcing Steel Consumption Ton 1525502629 1925859 1380680 57
Total Packaging Cartons Used for Finished Goods and Share Per Unit of Production Kg 1195240 1216859 804704 57
Use of Packaging Cartons per RMB 10000 Operating Income In kg/RMB 10000 13.10 12.97 13.07 57

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
Closing Land Bank Area in 10000 sq. m 6478 6249.7 5194 59

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

Indicator Unit 2022 2023 2024 Report Pages
Average Age of Employees Years Old 35.1 36.1 35.7 60
Collective Contract Signing Rate % 100 100 100 60
Employee Labor Contract Signing Rate % 100 100 100 60
Employee Social Insurance Coverage Rate % 100 100 100 60
Number of All Employees Person 55311 61658 65785 58
Number of Employees - 30-50 years old Person 34508 39857 41523 58
Number of Employees - Central West China Person 1945 1723 1229 58
Number of Employees - College Person 12481 14878 16979 58
Number of Employees - East China Person 1731 1642 1362 58
Number of Employees - Female Person 19935 22222 24411 58
Number of Employees - Full-time Person 54955 61133 64479 58
Number of Employees - Graduate students and above Person 5192 5266 5348 58
Number of Employees - Grassroots Level Position Person 48325 53797 57863 58
Number of Employees - Headquarter Person 844 916 871 58
Number of Employees - High Level Position Person 408 400 467 58
Number of Employees - High School and below Person 19530 21891 22068 58
Number of Employees - Hong Kong Company Person 62 90 96 58
Number of Employees - Male Person 35376 39436 41374 58
Number of Employees - Middle Level Position Person 6578 7461 7455 58
Number of Employees - North China Person 2137 1590 1270 58
Number of Employees - Over 50 years old Person 3926 5369 5293 58
Number of Employees - Part-time Person 356 525 1306 58
Number of Employees - Shenzhen Person 1681 1400 1374 58
Number of Employees - South China Person 973 867 676 58
Number of Employees - Subsidiary/Business Unit/Professional Company Person 45938 53430 58907 58
Number of Employees - Under 30 years old Person 16877 16452 18969 58
Number of Employees - Undergraduate Person 18108 19623 21390 58
Number of Fresh Graduates Recruited Person 725 730 926 60
Number of Full-Time Safety Management Personnel Person 649 511 363 60
Number of New Employees Recruited Person 19022 21053 15885 60
Number of Paid Vacation Days Per Capita Per Year Days >6 >6 >6 60
Number of R&D Staff Person 542 398 413 59
Proportion of Female Employees % 36.04 35.91 38.45 60
Proportion of female senior talents % 28.15 29.33 30.4 60
Return on Net Assets % 11.94 12.53 9.52 59
Return on Total Assets % 4.00 4.94 4.74 59
Total Assets in RMB 100 million 11100.00 10813.52 11191.77 59
Total Number of Full-Time Employees Person 54955 61133 64491 60

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

Indicator Unit 2022 2023 2024 Report Pages
Employee Turnover Rate (Commercial Systems) % 26.1 25.4 20.0 60
Employee Turnover Rate (Development Systems) % 19.3 16.3 14.9 60
Employee Turnover Rate (Property Systems) % 39.6 39.6 36.1 60
Employee turnover rate - 30-50 years old % 22.00 58
Employee turnover rate - Commercial Systems % 26.1 25.4 21.4 58
Employee turnover rate - Development Systems % 19.3 16.3 15.1 58
Employee turnover rate - Female % 28.69 58
Employee turnover rate - Male % 28.94 58
Employee turnover rate - Over 50 years old % 11.91 58
Employee turnover rate - Property Systems % 34.9 37.6 36.8 58
Employee turnover rate - Under 30 years old % 46.78 58
Operating Income in RMB 100 million 2070.61 2511.87 2787.99 59

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

Indicator Unit 2022 2023 2024 Report Pages
Coverage Rate of Employee Safety Training % 100 100 100 60
Employee Medical Examination Coverage Rate % 100 100 100 60
Investment in Production Safety In RMB 10000 33509.92 20912.50 12537.87 60
Number of Emergency Drills Time 12025 13246 24612 60
Number of Registered Safety Engineers Person 294 224 182 60
Rate of Occupational Safety and Health Records % 100 100 100 60

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

Indicator Unit 2022 2023 2024 Report Pages
Employee Satisfaction Point 83.4 60
Employee Training Coverage Rate % 89.7 100 100 60
Number of Employee Safety Training Person-training hours 399536 419275 923317.5 60
Number of Safety Training for Related Parties Person-training hours 561888 641536 2046810 60
Proportion of Trained Employees (Female) % 33 36 37 59
Proportion of Trained Employees (Male) % 67 64 63 59
R&D Investment Percentage in Main Business Revenue % 0.17 0.22 0.18 59
R&D Staff Percentage in Total Employees % 0.99 0.65 0.64 59
Total Employee Training Investment In RMB 10000 2230 2640 2750 60
Total R&D Investment in RMB 100 million 3.63 5.04 4.96 59
Total Trained Employees Person 49660 61658 66785 59

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

Indicator Unit 2022 2023 2024 Report Pages
Average Hours of Employee Training (Female) Hour 23.2 21.8 22.7 59
Average Hours of Employee Training (Male) Hour 23.2 21.8 22.7 59
Training Investment Per Capita RMB 449 428 426 60
Training Time Per Capita Hour 23.2 22.6 22.7 60

Number of suppliers by geographical region.

Indicator Unit 2022 2023 2024 Report Pages
Number of Vendors: Central and West China Unit 3356 4502 6927 59
Number of Vendors: East China Unit 3611 3539 8745 59
Number of Vendors: Headquarter Unit 528 1500 1528 59
Number of Vendors: North China Unit 3876 4711 8401 59
Number of Vendors: Shen Zhen Unit 1756 3699 4993 59
Number of Vendors: South China Unit 2307 2504 4486 59
Total Number of Vendors Unit 15436 20455 35280 59

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 2022 2023 2024 Report Pages
Number of Suppliers Reviewed During the Reporting Period Unit 15436 23589 35280 60
Rate of Suppliers Passing Quality, Environment, and Occupational Health and Safety Management System Certification % 100 100 100 60

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

Indicator Unit 2022 2023 2024 Report Pages
Value-Added Ratio of State-Owned Assets % 115.39 115.81 109.40 59

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

Indicator Unit 2022 2023 2024 Report Pages
Commercial Real Estate Tenant Satisfaction % 93.20 98.5 59
Contracted Area of Sold Properties in 10000 sq. m 1425.46 1307.3 1135.66 59
Contracted Sales Turnover in RMB 100 million 3012.35 3070.63 2610.00 59
Customer Complaint Closure Rate - Commercial Projects % 99.94 100 59
Customer Complaint Closure Rate - Residential Projects % 99.76 98.71 97.5 59
Industry Ranking Ranking 4 4 4 59
Net Assets in RMB 100 million 3417.07 3841.49 3967.40 59
Net Profit/Profit At in RMB 100 million 280.92 313.66 255.77 59
Number of Customer Complaints Received for Residential Projects Case 26515 27159 24054 59
Rate of Economic Contract Fulfilment % 100 100 100 60
Recurring Business Revenue in RMB 100 million 308.99 390.95 416.48 59
Residential Customer Loyalty Score 75 74 81 59
Residential Customer Satisfaction % 88.67 87.76 91.55 59

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 2022 2023 2024 Report Pages
Owner's Equity in RMB 100 million 3417.07 3841.49 3967.40 59

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

Indicator Unit 2022 2023 2024 Report Pages
Accumulated participation time in social contribution activities 10000 Hour, 10220 Hour, 7220 Hour > > > 60
Charitable Donation Expenditures In RMB 10000 648.16 400.53 3165.78 60
Number of Employees Participating in Volunteer Activities Person >10000 >7100 >16800 60
Number of Employees Volunteering Person-time >10000 >7100 >16800 59
Total Amount of Tax Payment In RMB 10000 371.00 399.61 405.29 60
Value of Public Charitable Giving in RMB 10000 6488.16 400.53 3165.78 59

The types of emissions and respective emissions data.

Standard Indicator Unit 2024
Airborne Particulate Matter (PM) Emissions kg 3185.16
NOâ‚“ Emissions kg 190.98
SOâ‚“ Emissions kg 497.8

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 2022 2023 2024
Direct GHG Emissions (Scope 1) Ton 32575.32 35747.53 34913.24
Indirect Energy Emissions (Scope 2) Ton 454358.37 456763.47 472565.25
Total GHG Emissions Ton 486933.69 492511 507480.5
Total GHG Emissions Intensity (By Revenue) Ton/RMB 10000 0.025 0.02 0.0179
Total Other Indirect Energy Emissions (Scope 3) tons 736197.64

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) m³ 9853732 35948736 10462762
Non-Hazardous Waste Recycled Ton 40943 72039 45231

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 2024
Non-Hazardous Waste Intensity Reduction Percentage Compared to Last Year % 1.81 0.7

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 ton 121 289.69 18.7
Energy Consumption Intensity (By Area) cubic meter/square meter 0.67
Energy Consumption Intensity (By Revenue) ton of standard coal/RMB 10000 0.0065 0.0053 0.0047
Gasoline Consumption ton 246 430.12 385.31
Natural Gas Consumption Nm³ 13260000 15600400 15578300
Purchased Electricity MWh 845100 728439.9 773928.6
Total Energy Consumption kg of standard coal 120470000 122040000 136320000

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

Standard Indicator Unit 2022 2023 2024
Recycled Water Usage cubic meters 156
Water Consumption cubic meters 17180000 20590007 18350000
Water Consumption Intensity (By Revenue) ton/RMB 10000 0.92 1.0143 0.6871

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

Standard Indicator Unit 2022 2023 2024
Packaging Material Intensity (By Revenue) kg/RMB 10000 13.1 12.97 13.07
Packaging Materials Consumed Kg 1195240 1216859 804704

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 34508 39857 41523
Number of Employees Aged Above 50 Person 3926 5369 5293
Number of Employees Aged Below 30 Person 16877 16452 18969
Number of Employees in Central China Person 1945 1723 1229
Number of Employees in East China Person 1731 1642 1362
Number of Employees in Hong Kong Person 62 90 96
Number of Employees in North China Person 2137 1590 1270
Number of Employees in South China Person 973 867 676
Number of Female Employees Person 19935 22222 24411
Number of Full-time Employees Person 54955 61133 64479
Number of Male Employees Person 35376 39436 41374
Number of New Employees Person 19022 21053 15885
Number of Part-time Employees Person 356 525 1306
Number of Total Employees Person 55311 61658 65785
Percentage of Employees Aged 30-50 % 62.39 64.64 63.15
Percentage of Employees Aged Above 50 % 7.1 8.71 8.05
Percentage of Employees Aged Below 30 % 30.53 26.69 28.84
Percentage of Female Employees % 36.04 35.91 38.45
Percentage of Full-time Employees % 99.36 99.15 98.01
Percentage of Male Employees % 63.96 64.09 61.55
Percentage of New Employees % 34.4 34.16 24.15
Percentage of Part-time Employees % 0.64 0.85 1.99

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

Standard Indicator Unit 2024
Turnover Rate of Employees Aged 30-50 % 22
Turnover Rate of Employees Aged Above 50 % 11.91
Turnover Rate of Employees Aged Below 30 % 46.78
Turnover Rate of Female Employees % 28.69
Turnover Rate of Male Employees % 28.94

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

Standard Indicator Unit 2022 2023 2024
Health Check Coverage for Employees % 100 100 100
Investment in Work Safety In RMB 10000 33509.92 20912.5 12537.87
Number of Production Safety Emergency Drills Time 12025 13246 24612
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 2022 2023 2024
Percentage of Employees Trained % 89.7 100 100
Percentage of Trained Female Employees % 33 36 37
Percentage of Trained Male Employees % 67 64 63
Total Cost of Training RMB 22300000 26400000 27500000

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

Standard Indicator Unit 2022 2023 2024
Average Training Hours (Female) Hour 23.2 21.8 22.7
Average Training Hours (Male) Hour 23.2 21.8 22.7
Average Training Hours per Employee Hour 23.2 22.6 22.7

Number of suppliers by geographical region.

Standard Indicator Unit 2022 2023 2024
Number of Suppliers in East China Unit 3611 3539 8745
Number of Suppliers in North China Unit 3876 4711 8401
Number of Suppliers in South China Unit 2307 2504 4486
Number of Total Suppliers Unit 15436 20455 35280

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

Standard Indicator Unit 2022 2023 2024
Complaint Growth Rate % 2.43 -11.44
Complaints Handling Rate % 99.76 98.71 97.5
Total Number of Customer Complaints Case 26515 27159 24054

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

Standard Indicator Unit 2022 2023 2024
Number of Participations in Volunteer Activities Person-time >10000 >7100 >16800
Total Cash Donations RMB 10000 648.16 400.53 3165.78
Total Public Welfare Donations RMB 10000 6488.16 400.53 3165.78
Total Volunteer Service Hours Hour >10000 >7220 >10220