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  • Sustainable Strategy
  • Sustainability Policies
  • Sustainability Governance Structure
  • Stakeholder Engagement
  • Materiality Assessment

Sustainability Management

PHILOSOPHY OF SUSTAINABILITY

Promoting green civilization, upholding sustainable development, and pursuing harmonic development between corporate growth, production, life, and ecological development.

FIVE KEY PILLARS IN SUSTAINABLE DEVELOPMENT STRATEGY

To realise our corporate vision of building a sustainable environment and enhancing the well-being of our stakeholders. We have our sustainable development strategy that focuses on five key pillars. For each pillar, we have identified different key focus areas, which show our support to UNSDGs.


SUSTAINABILITY POLICIES

The policies are formulated by the Board of Directors (the "Board") of China State Construction Development Holdings Limited (the "Company"). The Board monitors the overall sustainability trend and is responsible for the Group's sustainability strategy and reporting. The Board is assisted by the Sustainability Management Committee (the "Committee"), which identifies, assesses, and manages the Group's sustainability priorities and reports regularly to the Board on progress and management to ensure the policies' effective implementation.

The Group has always been building a better society with innovative thinking and sustainable development ideas. We are committed to integrating innovation and sustainable development into our business, promoting a green business culture, and fulfilling our due environmental and social responsibilities. While we create long-term value for shareholders, we strive to foster harmonious development of both corporate and ecology.

We are committed to:

  • CARBON EMISSION

    Minimise the carbon emission of our operations, identify all significant environmental impacts at early stage of our operations and ensure proper control of such impacts.

  • CLIMATE CHANGE

    Comply with all legal requirements and integrate industry best practices in climate change mitigation, climate change adaption, and climate resilience in the Group's operations and services wherever possible.

  • TECHNOLOGICAL INNOVATION

    Support innovation and technology to continuously improve the quality of our products and services.

  • SUSTAINABLE SUPPLY CHAIN

    Communicate the Group's sustainability policy to suppliers, contractors and business partners, practise sustainable sourcing and prioritise environmentally and socially responsible suppliers.

  • TALENT MANAGEMENT

    Create a safe and caring workplace for our employees, strengthen employee training and provide adequate support for employee development.

  • ENVIRONMENTAL TRAINING

    Improve our environmental performance through employee education and training.

  • ECO-FRIENDLY OPERATION

    Ensure that workplace activities are conducted in accordance with sound environmental protection rules and regulations.

  • GIVING BACK TO THE COMMUNITY

    Care for and support the communities in which we operate to help build sustainable communities. Encourage employees and clients to fulfill good citizenship and give back to the community by conducting volunteering and community engagement activities.

Detailed sustainable development and other related policies can be downloaded for reference




Sustainability Governance Structure

The Board serves as the highest decision-making body and the highest supervision body on sustainability issues and is responsible for the provision of strategic direction on the management of material sustainability issues and the formulation and review of the Group's sustainability strategies and goals. The Board is also responsible for overseeing the Group's sustainability issues, and for assessing, prioritizing and managing its sustainability-related risks to ensure that appropriate and effective sustainability risk management and internal control systems are in place.

The Group's Sustainability Committee is a committee of the Board, chaired by the Executive Director and Chief Financial Officer, as well as the Vice Chairman of the Board, the Executive Director and the Chief Executive Officer and three independent non-executive Directors. The Sustainability Committee is delegated by the Board to assist the Board in supervising and managing sustainability issues and the Group's impact on the economy, environment and people, including identifying, evaluating and managing sustainability priorities and reporting regularly to the Board on progress and management. The Committee is also responsible for assisting the Board in reviewing the sustainability performance of the Group as a whole and across its divisions and the approval of sustainability-related reports. For details of the Board and the members of the Sustainability Committee, please refer to the Group's Annual Report.

The Sustainability Committee has established the Sustainability Leadership Team and the Sustainability Working Group to assist in the coordination and implementation of sustainability related work. The Sustainability Leadership Team, comprising senior management of different departments and subsidiaries, is responsible for coordinating and overseeing the development of the Group's sustainable development policies and directions, as well as overseeing and reporting regularly to the Committee on the implementation of sustainable development-related activities. The Sustainable Working Group is responsible for coordinating with all departments to facilitate the Group's execution and implementation of sustainable development tasks and timely reporting implementation matters to the Sustainable Leadership Team.


STAKEHOLDER ENGAGEMENT

The Group believes that the feedback and opinions of stakeholders are indispensable for the Group to achieve a sustainable future. Accordingly, apart from conducting annual reviews, the Board actively engages with stakeholders to identify and manage the processes and outcomes of the organization's economic, environmental and human impacts. Please refer to the table below to understand the focus of the respective stakeholder groups and the channels of communication.

Stakeholder Group Stakeholder Concerns Communication Methods or Channels
The Board and Management
  • Healthy and sustainable business development
  • Compliant business operations
  • Business credit and influence
  • Board meetings
  • Executive meetings
  • Questionnaire survey
  • Interview with the management
  • Phone and e-mail
Employees
  • Occupational health and safety
  • Employee compensation and benefits
  • Occupational training opportunities
  • Employee training and workshops
  • Employee suggestion box and employee symposiums
  • Internal company newsletter
  • Employee engagement activities and meetings
  • Questionnaire survey
Clients and Property Owners
  • Product and service quality
  • Protection of customer rights
  • Customer satisfaction survey
  • Professional after-sales service
  • Product quality monitoring
Suppliers and Contractors
  • Cooperation and mutual benefits
  • Contract fulfilment
  • Site inspection
  • Supplier selection management
  • Daily business communication
  • Questionnaire survey
Shareholders and Investors
  • Healthy and sustainable business development
  • Compliant business operations
  • Risk control
  • Return on investment
  • Shareholders' meetings
  • Questionnaire survey
  • Announcements, circulars, annual reports and financial statements
Peer Enterprises and Partners
  • Cooperation and mutual benefits
  • Product and service quality
  • Contract fulfilment
  • Industry associations
  • Industry standard-setting organisations
 
Media
  • Information disclosure
  • Community investment
  • Announcements, circulars, annual reports and financial statements
  • Website and social media
 
Government
  • Compliant business operations
  • Occupational health and safety
  • Protection of customer rights
  • Response to national policies
  • Active cooperation with government agencies in their supervision and inspection efforts
  • Compliance with laws, regulations and government policies
Community and the Public
  • Environmental protection
  • Community investment
  • Community investment
  • Volunteering service
  • Charity and donations

MATERIALITY ASSESSMENT

Each year, the Group engages internal and external stakeholders in an online questionnaire survey to extensively solicit their opinions, which serves as the basis of the materiality assessment. To align with GRI standard reports and their reporting principles, the Group has adopted a new materiality assessment approach in 2022. From this year's materiality assessment, the Group has identified the actual and potential impact of the Group's business on the economy, environment and people, and prioritized the reporting of these issues according to the materiality of their impact, thereby assisting the Group to review and develop its sustainable development strategy and effectively respond to the expectations of stakeholders.

Procedures for the materiality assessment are as follows:

In the latest materiality assessment, the Group prioritized material environmental and social issues and the results are as follows: