SUSTAINABLE SUPPLY CHAIN Management Approach Yanlord’s diverse business operations are supported by multiple functions across the organisation, as well as an extensive network of business partners and customers throughout its value chain. In both the PRC and Singapore, the Group works closely with three main categories of suppliers, contractors, and vendors — those providing construction services, consultancy services, and products. These partners support a wide range of activities, including property development, operations and maintenance, as well as cleaning, security, and housekeeping services across the Group’s investment properties and hospitality portfolio. Downstream, Yanlord’s value chain extends to its customers, comprising residents, tenants, guests, and visitors across the markets in which the Group operates. Yanlord recognises that embedding sustainability considerations across its value chain is fundamental to effective sustainability governance. The Group therefore prioritises the use of environmentally friendly materials wherever practicable, such as substituting oil‑based paints with water‑based alternatives. In selecting suppliers, Yanlord conducts peer benchmarking and evaluates vendors against key ESG criteria, including corporate governance practices, environmental performance, and community responsibility. Preference is given to suppliers that demonstrate strong alignment with these sustainability considerations. The Group adopts a structured and robust supplier assessment process throughout the procurement lifecycle. During the pre‑tender stage, suppliers are screened to ensure compliance with Yanlord’s quality and environmental requirements. This process includes reviews of production standards, site inspections, and sample testing. Upon delivery, product quality and environmental inspection documentation are verified, and where necessary, third‑party environmental testing is conducted following installation to confirm safety and regulatory compliance. After project completion, feedback on product quality and after‑sales service is collected to inform future supplier assessments. Suppliers are also required to comply with the latest national environmental standards and applicable local regulatory requirements, including criteria related to energy efficiency, water conservation, and clean energy use. Beyond procurement, Yanlord seeks to progressively engage its business partners and customers in its broader sustainability journey by promoting responsible environmental and social practices in daily operations and usage. Through this holistic approach to value chain management, the Group aims to foster long‑term partnerships grounded in shared responsibility for Target and Performance Perpetual Target FY 2025 Performance 100 % of projects procured by Yanlord are managed through the Sunshine Procurement Platform. Achieved SUPPLIERS REGISTERED IN SUNSHINE PROCUREMENT PLATFORM environmental protection and community well‑being, while creating sustainable value over time. Integrity and transparency are key principles guiding Yanlord’s supplier relationships. The Group requires suppliers to maintain proper documentation to demonstrate credibility and compliance with quality standards. To further enhance procurement transparency and operational efficiency, Yanlord continues to utilise the Sunshine Procurement Platform, which supports open supplier engagement and has seen ongoing growth in supplier and material registrations. 4,471 suppliers for 241 types of materials and products registered in the database 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 YANLORD LAND GROUP LIMITED SUSTAINABILITY REPORT 2025 71
RkJQdWJsaXNoZXIy NTM2MDQ5