Poly Developments was selected a ESG model in China
On June 13, the grand event of "China ESG Model" was held in Beijing, which was jointly organized by the CCTV, the State-owned Assets Supervision and Administration Commission of the State Council, the All-China Federation of Industry and Commerce, the Institute of Economics of the Chinese Academy of Social Sciences, and the China Enterprise Reform and Development Society. With its outstanding performance in ESG, Poly Developments ranks 33rd in the list of "China Top 100 ESG Pioneer Listed Companies".
Poly Developments was listed as a China ESG Model, leading Chinese enterprises to be world-class
As the most authoritative and recognized third-party evaluation report in China, the "China ESG Model" list aims to create national standards of ESG that align with international standards and national realities, enhance China's influence and say in the global ESG system, and promote ESG to become an effective tool for China's economic transformation and high-quality development.
In this list, Poly Developments has been positively evaluated in seven dimensions, including process, real progress, integrity, balance, comparability, readability and innovation, which provides a "Poly model" to help Chinese enterprises to improve their management of corporate social responsibility.
Poly Developments actively implements the national strategy, realizing multiple achievements in ESG
Adhering to the responsibility and mission of serving the national strategy, a better life and the people's well-being, Poly Developments actively applies the ESG philosophy, and has achieved a lot in recent years, which has been highly recognized.
In 2022, Poly Developments was included in the lists of "ESG · Pioneer 50 Index of Central Enterprises" and "Forbes China ESG 50". In 2021, it was included in the lists of "ESG · Pioneer 50 Index of Central Enterprises" and "Hang Seng (China A) Corporate Sustainability Benchmark Index". In 2020, it was selected as one of the "Top 10 China Green Real Estate (Central) State-owned Enterprises".
Poly Developments acts as a role model and explores the "Poly Model" in the ESG field
As a pioneer in the implementation of the national strategy, Poly Developments undertakes the responsibilities of central enterprises, gradually explores the "Poly Model" in the field of ESG practice, and contributes to the establishment of an ESG system with Chinese characteristics.
Poly Developments embeds its social responsibility and ESG management in its development strategy and daily operation.
The board and management will be further involved in social responsibility and ESG work, so as to form a top-down social responsibility and ESG culture, and effectively promote social responsibility and ESG work.
Poly Developments operates in accordance with the law and contributes to sustainable development.
After the great adjustment of the real estate industry in 2022, Poly Developments was the second largest real estate developers by sales (457.3 billion yuan), and the largest central real estate developer by sales for 14 consecutive years. This is a result of Poly's steady operation and strategy of focusing on the core cities.
Poly Developments ensures people's livelihood and project delivery, and promotes the healthy and stable development of the industry.
With the strategic positioning of building a "real estate ecological platform", Poly Developments has developed a "real estate ecology" including three industrial chains: real estate investment and development, comprehensive services for a better life, and industrial financial services. In 2022, the overall customer satisfaction rate of the company was 85%, and the property service satisfaction rate was 86%.
Poly Developments implements the "carbon peak and carbon neutrality" strategy, so as to provide more "Poly Wisdom" for green development.
It integrates the concept of low-carbon and environmental protection into the whole business process through green engineering, resource utilization and green operation. It is committed to "creating a harmonious life with the integration of nature, architecture and humanities". From 2016 to 2022, 370 projects have been certified as green building projects, with a total construction area of 67.202 million square meters.
Poly Developments develops in an efficient and benign way, giving full play to the strategic supporting role of the state-owned economy.
Poly Developments carries out scientific and efficient supply chain management, strengthens the compliance management in procurement, participates in the formulation of industry standards, conducts external cooperation and exchanges, and uses its own advantages and influence to promote the healthy and high-quality development of the industry.
Poly Developments strives to stabilize posts and promote employment, serving the national strategy of developing a quality workforce and giving priority to employment.
Poly Developments takes as its responsibility the sense of acquisition, happiness and satisfaction of more than 67,000 employees. It provides employees with competitive salary and benefits, as well as a sound talent development system. Poly Developments earnestly safeguards the legitimate rights and interests of employees as well as their health and safety, so as to turn Poly into a fertile land for talent growth.
Poly Developments fulfills the responsibility of central enterprises and contributes Poly's strength to the improvement of people's livelihood and well-being.
Poly Developments takes various measures to revitalize the countryside and help the sub-developed areas to further develop their economy and improve people's livelihood. By the end of 2022, 181 indemnificatory housing projects (including those projects partly dedicated to indemnificatory housing) had been finished, with a total construction area of 9.44 million square meters. "Poly Spark Class" has been held for the fifth consecutive year, which taps on the mode of "training + employment" to provide practical assistance, benefiting 511 families. This has become a distinctive public welfare project of Poly, which welcomes all sectors of society to co-write a new chapter of a better life.
Going forward, Poly Developments will highlight ESG practice while developing itself into an excellent enterprise, adapt to the trend of the times, make due contributions to the green development at a higher level, and usher in a better life.