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The 2021 ESG Report launched by The Firm is the most recent reply to varied stakeholders together with suppliers, staff and different companions. In the meantime, it’s a response to the nation’s “twin carbon technique” and “rural revitalization”.
“Within the yr 2021, we’re extra conscious of the significance of upgrading the company sustainability system to advance with the occasions. We consider we are able to depend on our prudent operation to tide over all of the uncertainties introduced by the COVID-19 pandemic and the turbulent adjustments in the true property and building {industry},” mentioned Chen Jinshi, founder and chairman of the Board of Administrators of The Firm.
Integrating ESG technique with enterprise
The Firm was listed on the Shenzhen Inventory Trade since 2009. It primarily focuses on two areas: actual property growth, and building enterprise.
The full asset of The corporate reached 367.98 billion yuan (US$ 54.71) on the finish of 2021 and the earnings stood at 79.21 billion yuan within the yr 2021.
Based mostly on the experience and years of apply within the building subject, The Firm has its personal understanding of ESG. The letter E means harmonious environmental growth, the letter S stands for wholesome interplay with all types of stakeholders, and the letter G means strong inner governance.
The Firm doesn’t simply take ESG technique as a idea however tries to make it actually work.
The Firm identifies a concrete path to combine sustainability and environmental, social and governance methods throughout its day by day operations, figuring out high 5 ESG priorities, together with decreasing carbon emissions, constructing wholesome residing area, worker enchancment, higher group and operation with integrity.
To understand these priorities, The Firm has set its focus space on building subject the place it believes its experience could make the most important distinction and drive industry-wide change.
The Firm is collaborating with companions on the {industry} chain to advance inexperienced transformation of the development {industry} and the true property {industry}, responding to the environmental purpose.
In 2021, The Firm built-in the prevailing environmental safety amenities, strengthening the penetration of inexperienced ideas throughout all the industrial chain, protecting growth, design, building and operation, and increasing enterprise to city renewal and ecological river administration.
Lowering carbon emissions & Inexperienced buildings
The Firm believes that for building enterprises one of the best ways to scale back carbon emissions and develop into extra sustainable is to advance inexperienced transformation. And it has been dedicated to selling inexperienced transformation in a number of methods from growth to planning, design, building, operation and renovation.
As on the finish of 2021, The Firm has accomplished 54.1 million sq. meters of initiatives which meet the one-star customary for inexperienced constructing, 19.47 million sq. meters of initiatives which meet two-star customary, and 540,000 sq. meters of initiatives which meet three-star customary. The full space of initiatives that meet the inexperienced constructing requirements is 74.11 million sq. meters.
In 2021 The Firm tapped into the ecological river administration and concrete renewal. It participated within the Jian River Restoration Undertaking, a sub-project of Luoyang Metropolis’s “Joint Restoration of the 4 Rivers” mission, contributing to the restoration of Jian River. This mission is The Firm’s first large-scale municipal water conservancy Public-Non-public Partnership (PPP) mission in Luoyang, and it’s a key livelihood mission in Luoyang.
Additionally within the yr 2021, The Firm obtained business middle renewal initiatives in Xin’an, Shenzhen, and expects to take a position over 4 billion yuan in these initiatives, together with constructing an city complicated, which is protecting high-end workplace, business, residential and different enterprise, and creating a brand new city landmark in high-end place in Qianhai.
Moreover, The Firm has been dedicated to advertise the industrialization and technological upgrading of the development {industry}, which might significantly enhance productiveness and lower off carbon emission on the identical time.
Since 2007, the corporate established the NPC (New Prefabricated Concrete) Division specializing in the modernization, transformation and upgrading of building {industry} and growth of NPC expertise.
To date, The Firm has developed six generations of NPC expertise system with the general prefab price at greater than 90 p.c, within the main place in all the industrial chain of home precast concrete construction protecting in-depth design, processing, transportation, and hoisting building, which is acknowledged by the Ministry of Housing and City-Rural Growth.
Creating higher communities
The Firm all the time believes {that a} good group ought to have high quality buildings, handy amenities and pleasant ambiance, which allows individuals to attempt for a greater life. Thus, it proposed an concept of Wholesome TED (Know-how, Enjoyment and Daring) group, serving to form the communities the place we stay and work.
A Wholesome TED group focuses within the following areas: Wholesome residing setting, to enhance the consolation of residing from the features of amenities, setting, and so forth. with extra technological purposes; Hearty group ambiance, to offer quite a lot of practical assist and repair platforms, permitting clients to benefit from the firm of affection of household and a harmonious neighborhood ambiance. To date, The Firm has established 343 Wholesome TED communities.
Since 2021, the corporate is actively embracing digital applied sciences to make group buildings extra personalized, similar to the manufacturing of cars.
The corporate has been engaged in selling the sensible manufacturing of buildings. It decomposes a constructing into hundreds of modules or parts after which assembles them in response to the demand of various clients. It specifically established a constructing parts R&D and design base to speed up its dream-manufacturing homes like cars.
On the finish of 2021, a laboratory named the Zhongnan Clever Development Workshop (Z-lab) was established in Haimen District, Nantong Metropolis.
On the Z-lab, The Firm constantly disassembles the constructing blocks into “parts”, forming a set of “manufacturing traces” which might be finely divided, precisely labeled and clear at a look.
Sooner or later, these parts will be assembled on-line by the clever platform, decreasing the uncertainty brought on by the processing of parts on the building website. This may successfully enhance high quality and effectivity, and scale back building prices.
Additionally within the yr 2021, The Firm launched a mission known as “Zhongnan Higher Life Dice”, which allows clients to see the development strategy of the brand new constructing, expertise the longer term service and the group life prematurely.
Working with Integrity and Accountability
The Firm all the time adheres to the philosophy of operation with integrity and accountability.
The Firm repeatedly strengthen the inner management administration of total enterprise, successfully management the enterprise dangers of the enterprise, and promote all-round compliant manufacturing and operation of all the {industry} chain.
The Firm has constructed a danger administration system as regards to the COSO danger administration and inner management framework to outline the related tasks of the board of administrators and administration in any respect ranges, thereby making certain the efficient operation of the system.
In 2021, in an effort to additional consolidate the achievement of enterprise danger administration, The Firm successively carried out a collection updates of inner management techniques.
The Firm actively improves the inner audit info system by refining the web monitoring and closed-loop mechanism for audit points to lift audit effectivity.
The Firm additionally casts nice significance to the anti-corruption work. With regards to the ISO 37001 anti-bribery administration system and the inner administration system of benchmarking enterprises, The Firm has formulated a collection of anti-corruption techniques, together with Integrity and Self-discipline Clauses, Worker Code of Conduct, Audit Administration System, Crimson Line Administration System, Administration Rules and Declaration Tips for Potential Conflicts of Curiosity of Workers, Audit and Anti-Corruption Administration System, and so forth.
The above-mentioned techniques have been carried out in all features of enterprise and amongst all staff. For The Firm, attaining inexperienced and sensible transformation in collaboration with all types of companions is its goal and likewise accountability to ship a sustainable future. We take this accountability critically.
Zhongnan Development’s 2021 ESG Report is now obtainable for obtain on the hyperlinks under:
http://www.zoina.cn/wp-content/themes/photographs/esgEN.pdf
Hashtag: #ZhongnanConstruction
About Zhongnan Development Group
Zhongnan Development（SZSE:000961）rooted within the constructing building {industry} with greater than 30 years’ expertise, we’re the only real non-public building firm in China that holds each the Premium-class Housing Development EPC Qualification and the Grade-A Development Engineering Design Qualification. These high class building {qualifications} have been granted to solely 4 building firms in China by the MOHURD.
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