GlobalData offers a comprehensive analysis of Kaisa Group, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Kaisa Group‘s ESG performance. GlobalData’s company profile on Kaisa Group offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Kaisa Group, a Chinese real estate developer, intends to implement climate change action plans for its management and investment operations. Kaisa's latest filings mentioned the keywords ‘Emissions' and 'Green Buildings’ most number of times in relation to 'Climate Change'.
The company aims to identify and analyze major physical and transition risks and opportunities via the establishment and analysis of climate scenarios. Kaisa Group continues to assess emissions of greenhouse gases, monitoring the effectiveness of climate change responses. According to its 2022 Sustainability report, it generated , the projects generated 1,532.09 tonnes of of carbon dioxide equivalent (CO2e) greenhouse gases, Scope 1 Emissions were reported at 42.8 tonnes of CO2e while Scope 2 Emissions were reproted at 1,489.30 tonnes of CO2e. The company has taken steps to reduce emissions, including implementing the Guidelines for Energy Conservation Design of Electromechanical Energy Efficiency System for Projects of Kaisa Group Holdings Limited. The company also prioritizes suppliers that are energy-efficient, environmentally friendly, and contain green elements.
The Group adheres to relevant laws and regulations and did not identify any emission-related violations during the reporting period. The Group is subject to various significant laws and regulations, including the Law of the People's Republic of China on Environmental Protection, the Law of the People's Republic of China on Prevention and Control of Air Pollution, and the Law of the People's Republic of China on Prevention and Control of Environmental Pollution by Solid Waste.
In conclusion, Kaisa Group has taken steps to reduce emissions, including implementing energy conservation design guidelines and prioritizing environmentally friendly suppliers. The Group adheres to relevant laws and regulations and continues to assess emissions of greenhouse gases, monitoring the effectiveness of climate change responses.