Environmental Targets
Carbon Emissions/ Energy Consumption
To reduce the Scope 1&2 carbon emission intensity (in tCO2e/RMB10,000 of revenue) by 2% by 2030 for the Group’s residential development, property development & operation business, as well as other businesses (compared with the base year of 2025).
The carbon emissions in the above target and the published "Sino-Ocean Group Sustainable Development Report" refer to greenhouse gas emissions, including seven categories, i.e. CO2, CH4, N2O, HFCs, PFCs, NF3 and SF6.Waste
To reduce the Group’s intensity of third-party recycled non-hazardous waste by 7% by 2030 (compared with the base year of 2025), while continuing to advance source reduction, waste segregation and recycling, and resource recovery.
Sino-Ocean Healthy Building System
By 2025, at least 85% of new projects will implement the Sino-Ocean Healthy Building System.
Water
To reduce the Group’s water consumption intensity by 10% by 2030 (compared with the base year of 2025).
Green Building
Starting from 2021, all new projects of the Group shall meet the National Green Building Standard and pursue higher level certifications (such as the National Two-star/Three-star Green Building Label, US LEED certification, and WELL certification).By 2030, 100% of our self-held projects shall achieve high-star level of green building standards.
Highlights
- Actively addressing climate change, Sino-Ocean Group is the first real estate enterprise in the Mainland China to become a supporter of TCFD (Task Force on Climate-Related Financial Disclosures).
- All projects are constructed strictly in accordance with the standards of saving energy by 65%, ensuring 30% green space, systematically applying green and environment-friendly architectural technologies.
- By the end of 2025, Sino-Ocean Group had registered 196 green building projects; 14 projects have officially obtained the final WELL certification; Sino-Ocean Group is the enterprise with the largest number of WELL certification projects and the largest certified area in China.
- The number of green buildings accounts for about 75% of total number of projects, with a total registered area of more than 40 million square meters.
- Sino-Ocean Group has issued green notes amounted to a total of USD1.12 billion.
- The Group focuses on biodiversity, and the Sanya Damao Ocean Ecological Village project is internationally recognized for the promotion of nature education and environmental conservation, and awarded the title of the First Education Base for Sustainable Development by UNESCO ICUA.
Green Healthy Partnership
The “Building · Health 2030” Alliance focus on and pays great attention to the sustainable development, and is committed to taking actions in response to global climate change, and making unremitting efforts to contribute to the realization of “Healthy China 2030” , and building green sustainable and healthy communities. At the same time, multiple parties work together to establish partners collaboration platform to build cross-industry and cross-regional sharing and cooperating ecology, increase multi-industry communication, seek the possibility of cross-border collaboration.
Healthy and Environmental Reconstruction of Old Community, Healthy Building Standard Research and Pilot, Other Fields Related to Sustainable Cities and Communities