2022

The Group was approved for a HK$3.45 billion syndicated loan facility with the SLL framework (Sustainability Linked Loan Framework). It requires the Company to select three ESG-related indicators and set corresponding goals, the attainment of which will result in cost savings. In addition, to actively monitor and improve the Company’s sustainability performance, Longfor Group has established annual greenhouse gas emission intensity goals, water intensity goals (including water consumption by general contractors), and the goal of raising the percentage of female employees in the total.

2020

The Group established a green finance framework. With strong financial standing and extensive experience in green building development, the Company has obtained the green certification and the Second-Party Opinion from Sustainalytics, a third-party organization, to be fully prepared for the future issuance of green bonds. All funds raised from the green bonds would be strictly used for the financing and refinancing of qualified green projects. The Group will detail the use and allocation of funds in the annual sustainability report. The Group has established a special working group to concentrate on the development and certification of green building projects and implement the development and management of green projects systematically.

2017

The National Development and Reform Commission approved the Group’s plan to issue three green bonds with total offering size of RMB 4.04 billion to develop the new Chongqing Longfor Lijia project and Shanghai Hongqiao Business District Phase I No.5 plot.