GlobalData offers a comprehensive analysis of Logan 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 Logan Group‘s ESG performance. GlobalData’s company profile on Logan 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.
Logan Group, a Chinese real estate developer, implements control measures for construction site emissions and pollution through real-time monitoring, immediate reporting, and regular inspections to ensure compliance with prescribed standards. Logan Group's latest filings mentioned the keywords ‘Emissions' and ‘Green Buildings’ most number of times in relation to 'climate change'.
In 2022, the company reported its Scope 1 (Direct GHG emissions ) at 997 tonnes and scope 2 (Indirect GHG emissions) at 20,513 tonnes. It targets a reduction in carbon emissions by 10% by 2027, over the 21,510 tonnes in 2022. The company has taken steps to reduce its carbon emissions, including implementing energy-efficient and consumption-reducing transformations of its projects, optimizing management, and incorporating green building design into its projects. Logan Group has also organized promotion activities related to environmental protection and energy conservation and has adequate waste sorting and recycling facilities in each project.
The company has implemented energy-efficient and consumption-reducing transformations of its projects, optimized management, and incorporated green building design into its projects. Logan Group has also organized promotion activities related to environmental protection and energy conservation and has adequate waste sorting and recycling facilities in each project. The company plans to implement more measures for energy saving and emission reduction in the future, which will further reduce greenhouse gas emissions and promote sustainable development. In addition, the Group conducts environmental testing and sets green procurement standards prior to material purchase, with approximately RMB430 million spent on green procurement in 2022, and a strong focus on supporting local suppliers in China, accounting for 99% of the total number of suppliers.
In conclusion, Logan Group, emphasizes real-time monitoring and immediate reporting to control construction site emissions. They aim to reduce carbon emissions by 10% by 2027 and actively promote energy-efficient practices and green building designs, highlighting their commitment to sustainability and environmental protection. Additionally, the company conducts environmental testing, follows green procurement standards, and strongly supports local suppliers, further reinforcing their dedication to sustainable practices.