Against the backdrop of China's "carbon peaking and carbon neutrality" strategic goals, the Group adheres to a green investment philosophy, continuously exploring the application of green building materials and sustainable construction technologies. The Group is committed to advancing green construction practices, contributing to an improved living environment, and leading the real estate industry toward a greener and low-carbon future.
We promise that 100% of newly acquired projects will be designed in accordance with the basic requirements of Chinese green buildings.
Ningbo Poly Jinmao Palace
Jinan Poly Jinmao Splendid Jade
Jinan Poly Greentown Phoenix Mansion
Jinan Poly Glory of Praise
Shenzhen Bao An Project
Shanghai Min Hang Project
We carefully select building materials and continuously raise the requirements for green building materials. While focusing on material quality and environmental suitability, we prioritize the use of low-consumption, low-energy, pollution-free, and multifunctional materials to ensure both the quality and sustainability of the buildings.
Selection of Energy-Saving Doors and Windows:Selected heat-insulating aluminum alloy profiles with high-efficiency and energy-saving characteristics, which can effectively improve the energy-saving effect of the building and enhance its thermal efficiency by 10%.
Sound Insulation Treatment of Buildings:To ensure sound insulation performance meets national standards, we employ building envelope structures, wooden flooring, and soundproof coatings to effectively attenuate noise. The indoor background noise level is maintained within the average value of the low limit and high-requirement standard limit set by the Code for Design of Sound Insulation of Civil Buildings (GB 50118).
Green Public Area Management Design:The underground parking garage is equipped with a carbon monoxide (CO) monitoring system that is linked to the ventilation system. If CO levels exceed the safety threshold, the system automatically triggers an alarm and activates the ventilation mechanism, ensuring air quality and optimizing fan operation.The garage lighting system is zoned and circuit-separated and integrated with a time control system to achieve scientific energy-saving illumination.
Full Life Cycle Carbon Emission Intensity Management for Buildings:The project undergoes scientific estimation of carbon emission intensity over its full life cycle. Through scientific management and advanced energy-saving technologies, efforts are made to strive to set a target of reducing energy consumption by 10%, while ensuring compliance with energy-saving standards.
Green Building Materials and Decoration products:The proportion of applied building materials certified as green building products is not less than 50%. At least five categories of decoration materials should be equipped with green building material certificates, product test reports and green product certificates.The quality of the indoor environment is strictly controlled, ensuring the concentrations of indoor ammonia, formaldehyde, benzene, total volatile organic compounds, radon and other pollutants are 20% lower than the limits stipulated in the current national standard Indoor Air Quality Standard (GB/T 18883).
Special Design for Water Saving:All sanitary appliances comply with second-class or higher water-saving standards, enhancing overall water saving efficiency.A rainwater recycling system is installed to collect on-site rainwater, which is then reused for landscape irrigation and garage road spraying. The landscape irrigation system utilizes advanced water-saving technology and features an automatic shutdown mechanism on rainy days to prevent unnecessary water waste.Additionally, high-pressure water-saving guns are used for underground garage and road cleaning, further reducing water consumption.Through these measures, the project achieves an overall water-saving rate of 30% or more.
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The residential building of Ningbo Poly Jinmao Palace uses technologies such as ground-source heat pumps and capillary tubes to build a "Six Constant" system, significantly improving indoor comfort, safeguarding public health, and supporting carbon peaking and neutrality goals.
Use ceramic panels and aluminum panels lined with rock wool as exterior insulation materials to meet two-star green building requirements while enhancing facade aesthetics.
Partition walls made of concrete are used. We take many measures to reduce noise, including installation of sound absorbent pads for tile floors and slabs.
Introduce smart home systems to achieve intelligent scene lighting and smart heating/cooling with fresh air, creating a healthy and comfortable indoor environment.
Install terminal capillary radiant heating/cooling systems combined with fresh air exchange systems to ensure that over 90% of the indoor thermal-humidity environment meets national Grade II standards, fully achieving complete indoor air circulation. Add filtration devices to fresh air systems to achieve 99% PM2.5 filtration efficiency within one hour, effectively improving air quality in enclosed rooms. Additionally, install air quality monitoring devices in each unit to enable real-time tracking of indoor PM2.5, PM10, and CO2 concentrations.
Apply three distinct renewable energy sources: ground-source heat pumps for air conditioning systems, air-source heat pumps for domestic hot water, and photovoltaic systems for electricity.
The renewable energy utilization rate of this project has reached 15.53%, and the carbon emissions intensity per unit of building area has been reduced by 13.37 kg of CO2 equivalent per square meter per year.
Poly Property Management implemented 15 energy conservation and consumption reduction transformations for its 186 projects across the whole country
Expected to save approximately 2.3 million kWh electricity every year.
Poly Property Management has launched a reclaimed water system and built a rainwater collection tan.
Collect reclaimed water and rainwater of more than 36,000 m³ every year
Poly Property Management and Poly (Hong Kong) Property Management implement the green operation concept with practical actions and have successfully obtained the certification of ISO 14001 environmental management system.
Poly Business and Tourism has established an ESG management structure that defines responsibilities clearly and formulated an ESG management standards, comprehensively promoting the construction and strategic improvement of Poly Business an Tourism's ESG working system. Poly Business and Tourism has established an ESG Leading Group, which is responsible for the leadership and supervision of ESG work. An ESG Executing Group is set up under the leading group, which is responsible for the implementation and execution of specific ESG work. The Group continuously explores the green operation and high-quality development path of the hotel management industry and builds a green system for ecological service. Poly Business and Tourism periodically provides employees with environmental protection training and publicizing and takes a series of environmental protection measures to reduce resource consumption and environmental impact in hotel operations, create a green brand image of environmental protection and spread the concept of environmental protection to every guest.
Transformation of Low-area Heat Transfer Room of Beijing Poly Plaza Effectively reduces the energy consumption by approximately 22%
Energy-saving Transformation and Management of Holiday Inn Shunde Reduces the natural gas consumption by approximately 28% year on year
We promote online video meetings and synchronize the display of meeting materials through the file sharing platform, which avoids printing and significantly reduces the use of meeting paper.
We further promote constructing the paperless office and implement the electronic seal and archiving, which can not only enhance the efficient and standardized management, but also reduce the use of paper.
We encourage employees to turn off office lights, air conditioners, computers, and other electrical equipment when leaving work.
After the meeting, we promptly turn off the large screen and lighting equipment in the meeting room and clean out expired items in the refrigerator. Besides, property management personnel inspect the building every two hours to ensure the implementation of power-saving measures.
Based on the normalized collection and analysis of energy consumption data, we promptly identify abnormal situations, analyze the causes, and put forward corrective measures.
Sensor faucets are installed in all washrooms, to achieve intelligent water saving.
Sensor faucets are installed in all washrooms, to achieve intelligent water saving.
We formulate a meeting water application system, reduce the consumption of bottled water and encourage employees to bring their own cups filled with water when attending departmental meetings to reduce the use of bottled water.
We promote double-sided of documents and reusing of single-sided paper to reduce the paper consumption. A wastebasket is placed in the printing room of each floor, to effectively use wastepaper and used paper.
We prioritize the use of idle office furniture in office areas to reduce both costs and decoration pollution and protect the ecological environment.
We standardize the application of office supplies and implement the on-demand application and signing for receipt.
We prioritize the purchase of NEVs as official business vehicles to reduce carbon emissions.
We review the standards for booking business air tickets and hotels and further emphasize strict enforcement.
We encourage employees to commute by public transportation.
Physical Risk
The Group operates its businesses in various regions across China. We carry out the climate exposure evaluation for major value-distributed cities. Utilizing the historical and predicted climate change databases published by authoritative organizations, we completed the evaluation of 3 physical climate risks, namely extreme heat, extreme precipitation, and flood. We analyze two "representative concentration paths" proposed by the Intergovernmental Panel on Climate Change (IPCC), namely RCP4.5 and RCP8.5, and select short-term to long-term (i.e. 2030 and 2050) situations as scenarios for climate change evaluation.
Transition Risks
In accordance with the implementation guidance on climate disclosures under HKEX ESG reporting framework, we identified the climate-related transition risks most closely related to the real estate industry and analyze the potential impact of these transition risks on the Group's businesses.
Opportunities
When effectively tackling the future potential climate change risks, the Group hopes to actively identify and accurately seize the climate change opportunities that appear at the socio-economic level and during the low-carbon transformation, and closely relate to our businesses.
The Group pays active attention to the impact of climate change on the social economy and enterprise's activities. At the same time, it becomes deeply aware of its responsibility for climate change during enterprise activities. At the beginning of 2024, the Group formulated and disclosed the "Dual Carbon Target of Poly Property": Strive to reduce the scope 1 and 2 carbon emission intensity of operating properties by more than 20% by 2030 (compared to the 2023 baseline) and strive to achieve carbon neutrality by 2060.
Indicators related to "Dual Carbon Target of Poly Property"
| Sector | Indicator | 2023 | 2024 | Year-on-year Change |
|---|---|---|---|---|
| Hotels | Total Scope 1 and Scope 2 GHG emissions (Tonne CO2 equivalent) | 22,115.55 | 20,623.25 | Decrease of Approximately 7% |
| Total Scope 1 and Scope 2 GHG emissions intensity (Tonne CO2 equivalent/ten thousand square meter) | 715.78 | 667.48 | Decrease of Approximately 7% | |
| Commercial Projects | Total Scope 1 and Scope 2 GHG emissions (Tonne CO2 equivalent) | 20,963.30 | 19,276.32 | Decrease of approximately 8% |
| Total Scope 1 and Scope 2 GHG emissions intensity (Tonne CO2 equivalent/ten thousand square meter) | 195.67 | 179.92 | Decrease of approximately 8% |
The Group periodically identifies and evaluates climate-related risks and opportunities. Upon qualitative evaluation and quantitative analysis, it prioritizes major physical risks, transition risks and potential opportunities according to their occurrence probability and impact degree, and thereby determines the risk monitoring and management methods. To ensure the conformity of assessment results with the Company's actual operating conditions, all senior management personnel of the Company and the heads of various developments and property platforms engage in the risk assessment.
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