Abide by corporate social responsibility and go to the road of green development together - Longfor Group's 2022 ESG report released
2023-07-03 15:11:48 Source: Chinanet Hubei
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Recently, Longfor Group Holdings Limited (HKEx stock code: 960) released the "Longfor Group 2022 Annual Sustainable Development Report" (hereinafter referred to as the "Report"), which is the third independent sustainable development report issued by Longfor Group.
With the theme of "Good Deeds Go Ahead", the report introduces the goals and practices of Longfor Group in the three major areas of environmental, social and corporate governance from six dimensions: best governance, best service, best public welfare, best cooperation, best nature and best care.
Based on the gene of kindness, Longfor Group continues to devote itself to public welfare undertakings, and combines its own advantages to carry out a series of public welfare charity activities with Longfor characteristics, covering rural revitalization, care for the elderly and children, education assistance and other fields, and interprets the responsibility and responsibility of the enterprise with practical actions. As of the end of the reporting period, Longfor Group, its founder, and Longfor Public Welfare Foundation had donated more than 1.8 billion yuan.
The rating is firmly at the top of the ranking, and it has won a number of awards
In 2022, the real estate market pattern will accelerate and be full of changes and challenges. Longfor Group keeps up with the pace of policy, follows the trend and smoothly crosses the cycle. Last year, Longfor Group achieved operating income of 250.57 billion yuan, a year-on-year increase of 12.2%; Achieved core net profit attributable to shareholders of 22.54 billion yuan. The company's financial situation is stable, the debt structure is safe, the business of various waterways is developing in a coordinated manner, and it continues to maintain a "full investment grade" credit rating at home and abroad.
At the same time of business development, Longfor Group attaches great importance to the construction of ESG management system, and has continuously improved its governance since the establishment of an ESG committee at the board level in 2020. Thanks to its excellent performance in ESG, Longfor Group won a number of honors in 2022: MSCI ESG rating BBB, global real estate sustainability standard GRESB green three-star recognition, Sustainalytics "low risk" rating, its risk score was further reduced to 15.2 points, the best for domestic real estate enterprises, and successfully selected into the 2022 Forbes China ESG50.
Promote the achievement of the dual carbon goal and implement the green development strategy
In the context of the era when "carbon peaking" and "carbon neutrality" are included in the overall layout of ecological civilization construction, energy conservation and carbon reduction are the unshirkable responsibilities of every enterprise. In 2021, Longfor Group has established a dual carbon group directly led by the ESG committee, which is specifically responsible for and promotes the implementation of the dual carbon work, and deeply embeds the dual carbon capability into the top-level design of the organization. At the same time, Longfor has set an environmental target of "reducing the Group's carbon emission intensity per unit area by 15% by 2030" to help achieve the national dual carbon goal.
Longfor combines sustainable development with the whole life cycle of buildings to establish a model of green and healthy living. By the end of 2022, the cumulative project area of Longfor has exceeded 130 million square meters that meet the green building standards, and 100% of the new projects meet the green building standards, of which 80% meet the green construction one star or above; In 2022, the proportion of new projects using solar energy will reach 33.1%, and the proportion of air energy will reach 17.0%. In addition, last year, Longfor Commercial signed more than 15,000 green lease contracts with tenants, accounting for 96% of new tenants, promoting green development on a larger scale.
It is worth mentioning that based on BIM building information modeling, Longfor Intelligent Construction Business - Longfor Intelligent Manufacturing can effectively manage building energy consumption, efficiently implement green building technology, and help fellow travelers achieve green and low-carbon development in all formats and cycles.
Focusing on green development and symbiosis with the environment, Longfor formulated and issued the Policy on Climate Change to actively address the impact of climate change on enterprises; Develop climate risk management approaches and responses with reference to the recommended framework of the Task Force on Climate-related Financial Disclosures (TCFD). The Biodiversity Framework has been formulated to guide biodiversity conservation and actively promote harmonious coexistence between man and nature.
Adhere to safe and healthy development, smart technology to empower production
In the process of sustainable development of enterprises, Longfor always puts safety production in the core position, and actively prevents and eliminates potential safety hazards in the production process. In 2022, the Group established a Health and Safety Management Policy covering all business lines and requires all suppliers and contractors to comply with this policy in order to create a safe, civilized and harmonious working environment for employees and fellow travelers. At the same time, Longfor insists on empowering production with smart technology, and strengthens the safety defense line for building construction through smart construction site tools such as smart safety helmets, hook visualization and blind spot visualization.
While ensuring safe production, Longfor continues to improve the quality management system, revised the "Real Estate Headquarters Third-party Engineering Quality Management System", and further improved product quality requirements. Longfor attaches great importance to the standardization of quality system and actively promotes ISO 9001:2015 quality management system certification. For the three dimensions of civil engineering, mechanical and electrical engineering and decoration, Longfor has developed 74 process construction methods and formulated reliable construction standards. At the same time, the group has built a three-level quality control system of "group-region-project" to check the quality of the project layer by layer. In 2022, Longfor will actively promote the "Sunshine Workshop" plan, which fully shows the whole process of construction from civil construction to delivery, and supervises product quality with customers.
Relying on the increasingly perfect quality control system, from design to delivery, Longfor is committed to providing users with high-quality products and services that are safe and secure. From the source, Longfor adopts the mode of "preferred brand, centralized procurement, exclusive supply" to strictly control the selection of materials. Good living humanized hardcover system, for users to create "blending, storage, well-being, convenience, quality" living space. The wisdom and good delivery system of "new friendship" starts from peace of mind delivery and provides owners with full life cycle services.
Last year, Longfor Group delivered more than 110,000 houses, 100% of which were delivered on schedule, of which more than 40% of the projects were delivered more than one month ahead of schedule, and the customer satisfaction reached 90%.
Sow the fire of public welfare and pass on the value of kindness
Adhering to the mission of "Treat Your Life Kindly", Longfor is committed to building a harmonious ecology with employees, customers, industry, environment and society.
In 2022, the Longfor "Datongyuan" employee care plan will be upgraded to launch the "big reunion" model, which further expands the scope of protection from employees, employees' spouses and children to employees' parents. In addition to the basic commercial medical insurance plan and the employee supplementary "million hospitalization medical insurance plan", the plan provides medical and health protection for employees' families, benefiting more than 100,000 people.
Growing in the soil of "kindness", Longfor is also committed to passing on this "kindness" and exporting more positive values to the society. Last year, Longfor Group paid taxes of 21.1 billion yuan, and while fulfilling its corporate citizenship responsibilities as a taxpayer, Longfor also lit up more lives with public welfare practices. Since its establishment, Longfor Public Welfare Foundation has successively carried out public welfare projects such as the Xinya Program, the Huguang Program, the Wings Spreading Program, the Stream Project, and the 10,000-year-old Youth Program in the fields of "one old and one small", rural revitalization, and education assistance, helping more than 1.64 million people in total.
In 2022, Longfor Charity Foundation received full scores in the FTI evaluation of the China-based Transparency Index, and won many honors such as "Brilliant Star" Annual Collective, "China Charity List" Annual Model Foundation, Annual Model Organization, Chongqing Charity Award and so on.
This year is the 30th anniversary of the establishment of Longfor Group, along the way, Longfor has always adhered to the original intention of "kindness", adhered to long-term principles with actions, and worked hard with good deeds.
In the future, Longfor will continue to take "goodness" as the boat, actively practice social responsibility, promote the sustainable development of the company, create better space for the city and human settlements, renew the city with warmer services, and promote the harmonious development of society.
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