SUSTAINABILITY VISION

Our sustainability vision is the guide for us to advance our future sustainability performance. We strive to make a contribution to addressing environmental and social issues such as climate change through our sustainability strategy and the various elements of ESG to achieve our sustainability vision.

We are guided by the Sustainable Development Goals (SDGs) of the United Nations, integrate ESG concept into our corporate strategies and are committed to responsible operations to create sustainable environmental, social and economic benefits from environmental responsibilities, product responsibilities, economic responsibilities, supply chain responsibilities, responsibilities to employees and social responsibilities and improving our own sustainability ability, becoming a responsible corporate citizen.

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SUSTAINABILITY GOVERNANCE

The Group has established an Environmental, Social and Governance (ESG) framework directly led by the Board and imposes supervision on ESG level by level, forming a whole process from decision-making, communication to implementation.
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SUSTAINABILITY POLICIES

  • Sustainable Supply Chain Policy

    Yuexiu Property's Supplier Code of Conduct is designed to make the requirements of Yuexiu Property's Supplier Code of Conduct clear to suppliers and to ensure that each incoming supplier focuses on its own management of employee health and safety, environmental management, business ethics and product quality.

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  • Green and Low-carbon Policy

    The Group exposes to environmental risks covering climate change, energy and resources utilization, waste management, biodiversity protection and other key issues. We will formulate strategies to respond to identified key environmental risks relating to our own operations to ensure steady and healthy operation of business.

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  • Healthy Residence Policy

    We actively communicate with our customers and continuously improve the quality of our services through regular customer satisfaction surveys and analysis. We attach great importance to customer rights and interests, emphasizing customer health and safety and fair and responsible marketing, strictly complying with relevant laws and regulations, safeguarding customer privacy and building trust with our customers to achieve a harmonious and win-win situation.

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  • People-oriented Policy

    The Group maintains fairness in the workplace and strives to provide a broad platform for the development of outstanding talents, continuously improving employee satisfaction and dedication. We adhere to our safety mission, vision and values to create a healthy and safe working environment for employees.

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  • Harmonious Society Policy

    We are committed to developing a harmonious and integrated relationship between the enterprise and society, and promoting the common development of the Company and society. We continue to strengthen collaboration with suppliers, building a responsible supply chain, so as to transfer the concept of sustainable development to the upstream and downstream value chains.

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  • Corporate Governance Policy

    The Group strictly complies with relevant national and industry laws and regulations, abides by business ethics and continues to improve its corporate risk management system and related measures to ensure that its business development meets compliance requirements and guarantees sound and compliant corporate operations.

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KEY HIGHLIGHTS

Sustainability Indexes

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Yuexiu Property is committed to achieve global climate change goals and has vigorously pursued carbon reduction initiatives, and has been selected as a constituent of the Hang Seng Climate Change 1.5°C Target Index since May 2022.

Sustainability Rating

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Rated BB in 2023

Four-star rating in 2023

Four-and-a-half-star Rating For 2022 ESG Report

Ranked No.4 in Greater Bay Area SOE ESG Development Index in 2023

Ranked No.32 in China ESG Listed Company Greater Bay Area Pioneer 50 in 2023

Tackle Climate Change

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In light of the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the Group has established a TCFD team, and has preliminarily identified and analyzed the climate-related risks and opportunities and prepared corresponding solutions.

SUSTAINABILITY REPORT

Yuexiu Property has issued Social Responsibility Report (CSR) since 2010. In accordance with the Company’s Sustainable Development Strategy, the Report has been renamed to Environmental, Social and Governance Report from 2016.

Your feedback is valuable to our continuous improvement and we welcome any comments and suggestions you may have on this Report or our ESG reporting in general. Please share any comments or suggestions regarding our ESG performance to : esg@yuexiuproperty.com

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