Yuexiu Property \nSustainable Development Policy
Click HERE for details
SUSTAINABILITY
SUSTAINABILITY
SUSTAINABILITY VISION
Our sustainability vision will continue to influence us to make a sustainable impact on society. We are focused on realising our sustainability vision through our sustainability strategy and management of ESG elements, contributing to climate change response and the achievement of our dual carbon goals, and providing additional support and sustainable examples to the value chain.
Yuexiu Property takes into full consideration its own strategic planning, core competencies and the interrelationships with SDGs. We actively respond to the 17 SDGs, establish an optimal SDGs strategic structure, and integrate ESG concepts into the Company’s own development strategy. We are committed to operating with a responsible attitude to create sustainable environmental, social, and economic benefits. We continuously enhance our own sustainable development capabilities to become a responsible corporate citizen.
Click HERE for details
SUSTAINABILITY GOVERNANCE
The Group has established an Environmental, Social and Governance (ESG) framework
directly led by the Board and imposed supervision on ESG level by level, forming a
whole process from decision-making, communication to implementation.
Click HERE for details
DUAL CARBON STRATEGY TARGETS
Public building projects
Total carbon emissions of Scope 1 and Scope 2 peak by 2030 and achieve carbon neutrality by 2060
Carbon emission intensity per unit area decreases in 2030 as compared to 201944%
Residential projects
Total carbon emissions of Scope 1 and Scope 2 peak by 2030 and achieve carbon neutrality by 2060
Carbon emission intensity per unit area decreases in 2030 as compared to 201923%
SUSTAINABILITY POLICIES
Sustainable Development Policy Category
Sustainable Supply Chain Policy Category
Yuexiu Property \nSupplier Code of Conduct
Yuexiu Property \nSustainable Procurement Policy
Yuexiu Property \nManagement Rules for Safety of Related Parties
Click HERE for details
Green and Low-carbon Policy Category
Yuexiu Property \nClimate Change Policy
Yuexiu Property \nMeteorological Disaster Emergency Plan
Yuexiu Property \nSustainable Water Resources Policy
Click HERE for details
Healthy Residence Policy Category
Yuexiu Property \nManagement Rules on Quality Management of Construction Projects
Yuexiu Property \nManagement Rules of Quality Control
Click HERE for details
People-oriented Policy Category
Yuexiu Property \nHealth and Safety Policy
Yuexiu Property \nOccupational Health Management Rules
Yuexiu Property \nAdministrative Measures on Work Safety
Click HERE for details
Harmonious Society Policy Category
Yuexiu Property \nManagement Measures for Customer Relationships
Yuexiu Property \nDetailed Provisions on Customer Complaint Management
Yuexiu Property \nManagement Rules of Data Security
Click HERE for details
Corporate Governance Policy Category
Yuexiu Property \nWhistleblower Policy
Yuexiu Property \nComprehensive Risk Management Measures
Yuexiu Property \nCompliance Management Measures
Click HERE for details
KEY HIGHLIGHTS
Sustainability Indexes
Click HERE for details
• Hang Seng Climate Change 1.5°C Target Index Constituent
• Hang Seng SCHK SOEs High Dividend Yield ESG Index Constituent
Sustainability Rating
Click HERE for details
Four-star rating in 2023
Rated A- in 2023
Rated BB in 2023
Sustainability Finance
Click HERE for details
In order to effectively integrate the concept of sustainable development into various dimensions of business development so as to promote ESG works steadily and comprehensively, Yuexiu Property set up a Sustainable Finance Framework for the first time in 2024, which is planned to finance projects, assets and developments in line with Yuexiu Property's sustainability vision and strategy through sustainable financing transactions.
Yuexiu Property successfully issued RMB 1.690 billion Green Bonds
July 05, 2024
Climate Change Response
Click HERE for details
Yuexiu Property has incorporated climate change management into the responsibilities of the ESG governance structure, in line with the International Financial Reporting Sustainability Disclosure Guidelines No. 2 (IFRS S2)--Climate-related Disclosures, and pushed forward climate change-related work through coordination at all levels. Meanwhile, the Climate Change Response Working Group has been established, and the corresponding countermeasures have been formulated based on the identification and analysis of climate-related risks and opportunities.
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
Click HERE for details