Yatai Building Materials

No leading practices were identified for this company.

No leading practices were identified for this company.

No leading practices were identified for this company.

No leading practices were identified for this company.

Yatai Building Materials does not publicly disclose emissions reduction targets for scope 1, 2 and 3 emissions originating from its operations or its supply chain. The company should develop a long-term target that aligns with a 1.5°C pathway and covers its scope 1, 2 and 3 emissions. Additionally, the company should set intermediate targets at gaps of no more than five years to incentivise near-term actions on the longer-term goal. It should also clearly report its base year emissions and any offsetting it intends to use to allow for a complete analysis of its targets and progress against them.

Yatai Building Materials lacks a transition plan or climate strategy with financial estimations and associated costs. Moreover, the company does not disclose who bears ultimate responsibility for climate change issues or the related expertise of responsible parties. Furthermore, the company does not disclose its revenues from low-carbon products, and there is no evidence to suggest that it is creating or expanding low-carbon business models or implementing actions to decarbonise activities within its existing business models. The company is recommended to establish transition targets and develop both short- and long-term action plans.

Yatai Building Materials has not disclosed its research and development (R&D) expenditure in the last three years, nor has it provided quantitative data on its investment in low-carbon technologies. Additionally, there is no available information on the current share of alternative fuels used by the company.

Yatai Building Materials lacks both supplier and client engagement strategies to promote emissions reduction and the low-carbon transition. While it currently meets customer demand for low-carbon products, there is potential for the company to further encourage emissions reduction by shifting demand towards low-carbon alternatives and implementing action plans. Moreover, the company lacks a policy for engaging with trade associations on climate change. The company should consider publicly committing to the Paris Agreement and actively participating in initiatives to strengthen its commitment to emissions reduction.

Yatai Building Materials does not publicly disclose emissions reduction targets for any of its scope 1, 2 or 3 emissions originating from its operations or its supply chain. The company has not developed a vision of what its business will look like in a low-carbon future.

The company asserts that it has responded to China’s national call for ‘carbon peak’ and ‘carbon neutral’ emissions. However, it has not disclosed a strategy towards this objective, which includes financial estimations and associated costs, as well as short- and long-term action plans.

Yatai Building Materials does not disclose sufficient emissions intensity or absolute emissions data to analyse its emissions performance to date. Furthermore, there is no evidence that the company has a strategy to engage its clients and suppliers to reduce emissions.

Yatai Building Materials does not provide information regarding its low-carbon capital expenditure and low-carbon mitigation R&D. The company also does not disclose whether it is creating or expanding low-carbon business models or implementing actions to decarbonise activities within its existing business models.

Yatai Building Materials does not have a low-carbon transition plan and there is no evidence it intends to develop one in the near future.

No evidence was found of the company’s commitment to social dialogue or of the categories of stakeholders the company engages with 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 of the company undertaking 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 by the company was found stating its intention to create and support access to green and decent jobs as part of the low-carbon transition. Moreover, no evidence was found of the company’s action to promote these jobs in a way that ensures gender balance and inclusion of vulnerable groups.
No relevant disclosure was found of the company’s assessment of employment dislocation risks. Further, no public commitment by the company was found stating its intention to reskill and upskill workers displaced by the transition to a low-carbon economy. Additionally, no evidence was found that the company reskills and upskills workers in a way that ensures gender balance and inclusion of vulnerable groups.

No relevant disclosure was found to show if the company identifies the impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to their 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 company policies or commitments 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 company’s policies or commitments related to key decent work issues was found in the public domain. These issues include the provision of safe, secure and healthy workplaces, where workers are fairly renumerated and have a meaningful say in decision-making.

No company policies or commitments 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 business relationships.