GREEN AND LOW-CARBONLongfor

GREEN AND LOW-CARBON

Environmental Concepts and Goals 三亿体育: Response to Climate Change 三亿体育:Low-Carbon Practice 三亿体育:Ecological Governance 三亿体育:Green Finance

The Longfor Group has always adhered to the concept of low-carbon, green and sustainable development, continued to explore low-carbon and green development in property development, commercial investment, rental housing, property management and other business, actively responded to the challenges brought by sustainable development and climate change, responded to the national call of "carbon peak in 2030, carbon neutrality in 2060", and fulfilled its social responsibilities.

Low-carbon
Green
Sustainability

Dual Carbon Management

The Board of Directors of Longfor Group is ultimately responsible for climate change-related risks and opportunities. It authorizes the ESG Committee to supervise ESG management work comprehensively, including climate risk identification, assessment, and management. The ESG Committee regularly reports climate change issues to the Board of Directors. In addition, we have established a governance system for responding to climate change, led by the group management, coordinated by the dual carbon team, and supervised by the ESG committee, to comprehensively promote the implementation of the Group’s climate strategy and climate risk management related work.

Longfor Group Management Team

Carbon Peaking and Carbon Neutrality Team

Carbon Peaking and
Carbon Neutrality
Technology Operation

Business Development Department
Brand Department
Financial Department
Human Resource Department
Administative Platform
Customer Insight Department
Digital Technology Department

Operation and Engineering Management Department
Research and Development Department
Supply Chain Management Department
Commercial Property
Goyoo and urban-Industry
Intelligent Living

Strategy

Longfor Group has conducted climate risk identification and analysis and formulated corresponding response measures based on the disclosure framework of the Task Force on Climate-related Financial Disclosures (TCFD) and the Company's operational situation.

Climate change risk identification and assessment

Climate change risk management

Longfor Group actively responds to climate change by incorporating low-carbon technologies in site selection, planning, designing, construction, and operation, to strengthen energy and resource management, achieve green operation throughout the entire life cycle, and jointly build a green, environmentally friendly, and sustainable living environment.Climate Change Policy

Longfor Group continues to monitor global climate change policies and industry trends. We formulated the Policy for Addressing Climate Change to benchmark against leading industry companies and improve internal related system documents. At the same time, we have verified the Group's carbon emissions and developed targeted green emission reduction paths to address and mitigate climate change risks.Climate Change Policy

Business

Reduction Path

Property Development

Develop Green ResidencesDevelop prefabricated buildingsDevelop ultra-low-energy buildingsIncrease the use of renewable energyImprove sustainable supply chain system

Commercial Investment/
Rental Housing/
Property Management

Real-time tracking and supervision of carbon footprintStrengthen energy and waste managementAccelerate energy-saving and low-carbon skill transformationSelect low-carbon green building materials and equipmentPromote the use of renewable energy (solar photovoltaic)Promote the establishment of a green management systemWork with tenants to promote low-carbon, energy-saving philosophies

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