SUNWAY INTERNATIONAL HOLDINGS LIMITED
(Incorporated in Bermuda with limited liability)
Stock Code: 00058
Environmental,
Social and
Governance Report
2020
Contents
About the Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | . . . . . . . . . . | . . . . . . . . . . . . . . . . . . . | 2 |
About this Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | . . . . . . . . | . . . . . . . . . . . . . . . . . . . | .3. . . . . . . . . . |
Governance of Sustainable Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | . . . . . . . . . . | . . . . . . . . . . . . . . . . . . . | 5 |
Communication with Stakeholders . . . . . . . . . . . . . . . . . . . . . . . . . | . . . . . . . . | . . . . . . . . . . . . . . . . . . | .7. . . . . . . . . |
Employment and Labour Practices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | . . . . . . . . . . | . . . . . . . . . . . . . . . . . . . | 9 |
Operational Practices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | . . . . . . . . . . | . . . . . . . . . . . . . . . . . . . | 13 |
Community Investment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | . . . . . . . . . . | . . . . . . . . . . . . . . . . . . . | 15 |
Environmental Protection . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | . . . . . . . . . . | . . . . . . . . . . . . . . . . . . . | 16 |
Summary of Environmental, Social and Governance Performance Indicators . . | . . . . . . . . . . | . . . . . . . . . . . . . . . . . . . . | 19 |
SUNWAY INTERNATIONAL HOLDINGS LIMITED • ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2020 | 1 |
About the Group
Sunway International Holdings Limited ("Sunway International"), together with its subsidiaries (collectively, the "Group") focuses on the manufacture and sales of pre-stressed high strength concrete piles as well as ready-mixed concrete, sand-lime bricks, aerated concrete products and eco-permeable concrete products. . The business is operated by Guangdong Hengjia Construction Materials Co.., Ltd ("Guangdong Hengjia"), a subsidiary of Sunway International..
The Group has been committed to diversifying its business and improving its all-round competition advantages while continuously consolidating its business in the building materials industry.. The Group also renders financial services business, and is mainly engaged in the provision of money lending and asset management services, advising on securities and securities brokerage services in Hong Kong..
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About this Report
This Report is the fifth Environmental, Social and Governance Report (the "Report") published by Sunway International.. It is prepared in both Chinese and English, and is available on the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the Group's website at http://www..hk0058..com/..
SCOPE OF REPORT
This Report highlights the performance of Group's core business, namely the "pre-stressedhigh-strength concrete piles and others"1 operating segment in terms of environmental protection and community care for the period from 1 January 2020 to 31 December 2020 (the "Reporting Period").. Consistent with the last report, the scope of this Report covers the production plant of Guangdong Hengjia located in Yangjiang, Guangdong Province.. The Group understands that this Report does not cover all current operations of the Group.. The Group will continuously improve the system of data collection and gradually expand the scope of disclosure to cover all the operations of the Group, in order to provide more comprehensive information to the stakeholders..
REPORTING STANDARD
This report is prepared in accordance with the "comply or explain" provisions under the Environmental, Social and Governance Reporting Guide (the "Guide") set out in Appendix 27 to the Rules Governing the Listing of Securities on the Stock Exchange.. In addition, some key performance indicators specified in the "Recommended Disclosure" under the Guide are adopted.. With the use of the four reporting principles of the Guide - materiality, quantification, balance and consistency - as the basis for preparing the Report..
Reporting principles | Definitions |
Materiality | The Report should reflect the significant |
economic, environmental and social impacts | |
of the organisation, or the areas that | |
materially influence stakeholders' assessments | |
and decisions regarding the organisation.. | |
Quantification | An organisation must ensure that key |
performance data can be calculated and clearly | |
state the criteria and method of calculation.. |
Responses
Management interviews were used to identify and report on ESG issues of critical importance to the Group and its stakeholders..
Each unit was instructed to record key environmental and social performance data, and professional consultants were engaged to assess carbon emissions and other key environmental performances against local guidelines and international standards..
Balance | The organisation should prepare the reports in an |
unbiased manner to ensure that the positive | |
and negative impacts are clearly stated, so that | |
stakeholders can reasonably assess the overall | |
performance of the organisation.. | |
Consistency | Consistent disclosure statistical approach should |
be adopted to enable stakeholders to compare | |
environmental, social and governance data | |
with the sustainability performance and | |
progress of the organisation.. |
An accurate, objective and fair approach was adopted as the principle of preparation to explain the achievements of the Group in sustainability and the challenges it faced..
A consistent approach for statistics was adopted and, where practicable, historical data were provided for comparison..
1 Sales and manufacturing pre-stressedhigh-strength concrete piles as well as ready-mixed concrete, sand-lime bricks, aerated concrete products and eco-permeable concrete products and related processing..
SUNWAY INTERNATIONAL HOLDINGS LIMITED • ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2020 | 3 |
About this Report
CONFIRMATION AND APPROVAL
All information contained herein has been collected from the official documents and statistics of Sunway International and Guangdong Hengjia, and the management and operation information collected in accordance with the Group's policies.. The Report was approved by the board of directors on 7 May 2021..
FEEDBACK
The Group welcomes your opinions on the Report and other issues in relation to sustainable development.. Should you have any enquiries or comments, please contact the Group through the following means such that the Group can constantly enhance its ESG performance:
Address: | 3/F, Mandarin Commercial House, 38 Morrison Hill Road, Wanchai, Hong Kong | |
Email: | tommylaw@58sunway. | .com |
Telephone: | (852) 2728 2322 | |
Facsimile: | (852) 2728 2887 |
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Sunway International Holdings Limited published this content on 10 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2021 11:01:02 UTC.