China Poly Group

China Poly Group currently audits its suppliers to ensure it only works with those with good environmental performance but does not define this standard and does not specifically include GHG emissions reduction requirements. Creating quantified emissions reduction targets would provide clear direction for the whole supply chain. Similarly, the company currently tracks suppliers and terminates the contracts of those who fail to meet the group’s requirements. However, emissions reductions are not one of its criteria for termination. The company can improve its strategy by providing clear guidance for its supply chain on how it expects it to align with the low-carbon transition.

China Poly Group has not set any targets to reduce its emissions intensity. To improve, the company should develop long-term and intermediate targets that align with its 1.5°C pathway. Setting intermediate targets at gaps of no more than five years will incentivise near-term actions towards the longer-term goal. Additionally, the company should clearly report its base year emissions and disclose the use of offsets, to allow for a complete analysis of its targets and progress against them.

There is no evidence that China Poly Group has developed a low-carbon transition plan. To date, the company has set unquantified environmental goals to improve energy efficiency, water resource efficiency, waste recycling rates, promote low-carbon transport and raise awareness of environmental protection. To improve, the company should establish a time-bound action plan that outlines how it will transition to a low-carbon economy. This should include medium and long-term targets, quantified key performance indicators and financial commitments. The plan should be informed by scenario analysis to ensure its ambition is sufficient for a 1.5°C pathway.

In 2021 the China Poly Group reported the use of new materials and techniques for energy conservation and green construction management. However, the details of these measures are not expanded on. The company can improve by developing each of these measures into new business models and reporting on their profitability, growth potential and deployment schedule across the different segments of the company’s operations.

China Poly Group has not set any emissions targets nor any other quantified measures of success. Beyond small-scale actions, the company has not developed a vision of what its business will look like in a low-carbon future.

The company reports in vague terms using new materials and techniques for energy conservation and green construction management. However, detailed plans, financial commitments and long-term actions are not disclosed.

The company reports in vague terms using new materials and techniques for energy conservation and green construction management. However, detailed plans, financial commitments and long-term actions are not disclosed.

China Poly Group does not disclose emissions intensity data and the company has not yet developed any alternative business models.

While the company has set environmental goals that apply to its property business, its actions are limited to in-house operations. The company’s lack of targets, quantified measures of success and emissions intensity data all suggest that the company is not committed to the low-carbon transition.

No evidence was found that China Poly Group commits to social dialogue or engages with the categories of stakeholders on a just transition. Furthermore, no evidence was found to demonstrate the company’s ongoing social dialogue and meaningful engagement with affected stakeholders.

No evidence was found that China Poly Group undertakes low-carbon transition planning to mitigate the social impacts of the transition on workers, affected stakeholders and its business relationships. Additionally, no evidence was found to demonstrate the company’s engagement in social dialogue and with stakeholders in its just transition planning.

No public commitment was found stating China Poly Group’s intention to create and support access to green and decent jobs as part of the low-carbon transition. Moreover, no evidence was found that China Poly Group has action to promote these jobs in a way that ensures gender balance and inclusion of vulnerable groups. Additionally, no relevant disclosure was found of the company’s assessment of employment dislocation risks.

No public commitment by the company was found stating its intention to re- and up-skill workers displaced by the transition to a low-carbon economy. Additionally, no evidence was found that the company re- and up-skills workers in a way that ensures gender balance and inclusion of vulnerable groups.

No relevant disclosure was found to show if China Poly Group identifies impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to social protection. Additionally, no evidence was found that the company expects its business relationships to contribute to the social protection of their workers and affected stakeholders.

No relevant disclosure was found to show how the company identifies any misalignment of its lobbying activities with policies and regulations that support the just transition, nor of the measures it takes to address misalignment. Furthermore, no evidence was found that the company lobbies for policies and regulations for green and decent job creation; retention, education and reskilling; and social protection for workers.

No policies or commitments of China Poly Group related to respect for human rights were found in the public domain. This includes the necessary policies and systems by which the company can ensure respect for basic human rights in its operations and supply chain.

No evidence of the China Poly Group’s policies or commitments related to key decent work issues were found in the public domain. These issues include the provision of secure, safe and healthy workplaces, where workers are fairly renumerated and have a meaningful say in decision-making.

No policies or commitments of China Poly Group related to key ethical business topics – personal data protection, tax, bribery and corruption, and lobbying and political engagement – were found in the public domain. This includes ensuring ethical business conduct throughout its operations and in its relationships with business partners.