一品楼凤qm论坛_万花楼快活林信息论坛_新茶论坛_楼凤51论坛还能用吗

The only Chinese property developer in Top 30

(Hong Kong, 4 September 2024) China Overseas Land and Investment Limited (“COLI” or the “Group”; Stock Code: 0688.HK) is pleased to announce that COLI has become the only Chinese property developer selected as a constituent of the Hang Seng Corporate Sustainability Index (HSSUS). COLI’s sustainability rating was upgraded to “A+” at the same time. This honour affirms the Group’s sustainable development work and further confirms COLI’s industry-leading position in sustainable development.

COLI has been included in the Hang Seng Corporate Sustainability Index, with the changes taking effect from 9 September 2024.

The Hang Seng Corporate Sustainability Index (HSSUS) is the most authoritative in the Hang Seng Corporate Sustainability Index Series. HSSUS includes the top 30 HK-listed companies that perform best in ESG and provides a benchmark for sustainability investments. Among all companies evaluated, COLI ranked in the top 10% in three of the seven core areas, including “corporate governance”, “environment” and “community involvement and development”. In addition, COLI has been included in the Hang Seng ESG 50 Index for the fifth consecutive year, continuing to be one of the top 50 listed companies in Hong Kong with the best ESG performance. Hang Seng Indexes Company (HSIL) commented the overall score distribution of the assessment remained steady compared with the previous year, while companies with the highest scores continued to show improvement in their ESG practices.

Since 2014, HSIL has appointed the Hong Kong Quality Assurance Agency, an independent and professional assessment body, to conduct the annual evaluation of sustainability performance for over 550 Hong Kong-listed companies and over 1,300 A-share companies that are constituents of the Hang Seng China A (Investable) Index. The sustainability ratings serve as a valuable indicator of corporate ESG performance and are a key criterion for the formulation of ESG indexes. These ESG indexes provide benchmarks for sustainability investments. This year, COLI’s sustainability rating was upgraded to “A+”.

As a responsible corporate citizen, COLI has demonstrated its responsibility as a state-owned enterprise with practical actions, and continued to incorporate the concept of sustainability into our daily operations. In respect of the environment, the Group is committed to achieving the decarbonisation goals set before through green buildings and low-carbon technologies. In the first half of 2024, the Group has added 17 green-certified projects with a corresponding area of 2.22 million square meters. The total number of green building projects has reached 653 with a corresponding area of 109 million square meters. COLI has built near-zero energy consumption building demonstrations in major climate zones across the country. Beijing China Overseas Financial Center was approved as demonstration projects of “R&D and Application of Zero-carbon Building Control Indicators and Key Technologies” of the National Key Research and Development Program under China’s “14th Five-Year Plan”.

In respect of social responsibility, COLI continues to pay attention to customers, employees, society and other stakeholders. In the first half of 2024, the Group completed high-quality delivery of all 25,000 residential units and achieved a customer satisfaction score of 95. COLI has also set quantitative safety management targets, and the compensation of persons in charge of safety is based on COLI’s safety performance. During the first half of 2024, the Group remained committed to driving rural revitalisation in three counties in Gansu province, with accumulative consumption support of tens of millions of RMB.

In respect of corporate governance, the Group has adhered to its financial soundness, coordinated development with prudence, and continued to create value for shareholders. During 2024, COLI defied the trend and received a credit rating upgrade from S&P Global to A-/Stable, making COLI the only Chinese property developer holding double-A in the international credit ratings. This reflects international rating agencies’ full affirmation of the Group’s smooth capital pipeline and sound business fundamentals. In the first half of the year, the Group Series of Companies achieved contracted property sales of RMB148.38 billion, and its domestic market share increased by 0.49 percentage points to 3.15% as compared with the end of 2023.

In 2024, COLI has been established for 45 years. It has weathered many economic cycles and fluctuations in the property market, and stood firm as an industry leader. COLI will actively fulfill its social responsibilities, adhere to the sustainability strategy of “a Company of Four Excellences, Good Products, Good Services, Good Effectiveness and Good Citizen”, continue to manage happiness and become a world-class investment, construction and operation service provider.