ABOUT THIS REPORT Amid evolving economic landscapes and market uncertainties, Yanlord remains dedicated to integrating sustainability into its business strategy. By fostering resilience, innovation, and responsible growth, Yanlord continues to create long-term value for its stakeholders, including employees, customers and local communities. Upholding strong corporate governance and environmental stewardship, Yanlord strives to contribute to a more sustainable and inclusive future while maximising shareholder returns. Yanlord continues to enhance the quality of its sustainability disclosures, and key updates set out in this Sustainability Report for FY 2024 (“Sustainability Report 2024”) encapsulate: • reviewed the list of material issues and enhanced the disclosure based on stakeholders’ feedback; and • improved disclosures with reference to the Global Reporting Initiative (“GRI”) 2021 standards (“GRI Standards 2021”) and Task Force on Climate-related Financial Disclosures (“TCFD”) recommendations. We have conducted an internal review over selected sustainability aspects for FY 2024. While we have not conducted an external independent assurance for our sustainability reporting for this period, we will consider doing so in future as our sustainability reporting practices mature and in alignment with the requirements of the Sustainability Reporting Advisory Committee. REPORTING SCOPE AND PERIOD Unless otherwise stated, the sustainability reporting scope for FY 2024 covers: The People’s Republic of China • Yanlord’s main business segments i. Property Development1 ii. Managed Properties2 iii. Hotels & Serviced Apartments • Yanlord Corporate Office Singapore • United Engineers Limited i. Property-related Business ii. Non-property related Business • Yanlord Corporate Office Hong Kong Special Administrative Region • Yanlord Corporate Office REPORTING STANDARDS The Sustainability Report 2024 is prepared with reference to the GRI Standards 2021 and the sustainability reporting requirements set out in the Listing Manual of the Singapore Exchange Securities Trading Limited. In addition, the GRI G4 Construction and Real Estate (“CRE”) Sector Disclosures and TCFD recommendations are included in this Sustainability Report 2024. The GRI Standards 2021 was chosen for its international recognition as a reporting framework. It encompasses a wide array of disclosures that are both suitable and relevant for Yanlord to effectively communicate its sustainability initiatives and approach to managing ESG topics to its stakeholders. This Sustainability Report 2024 should be read together with the Annual Report 2024 for a comprehensive view of Yanlord’s businesses and performance. FEEDBACK We welcome any feedback, comments or suggestions relating to this Sustainability Report 2024 or on our sustainability approach and practices. Please direct your queries to: Human Resource and Administrative Department Mr. Wang Pu Yanlord Land Group Limited 8F No. 30, Lane 1399 Dingxiang Road Pudong Shanghai, PRC 200135 Tel : 86-21-50585333 Fax : 86-21-50585332 Email : pu.wang@yanlord.com Website : www.yanlordland.com 1 Property Development refers to ongoing property development projects. 2 Managed Properties refers to operational investment properties (including owned and managed hospitality properties). Contents Introduction Approach to Sustainability Upholding Good Governance Caring for Our Customers Empowering Our People Preserving Our Planet Creating Shared Value for Our Society GRI Content Index 4 Yanlord Land Group Limited Sustainability Report 2024
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