2024-03-27-上交所-中国旅游集团中免股份有限公司2023年度环境_社会与管治报告（英文版）_55页_22mb

China Tourism Group Duty Free Corporation Limited 2023 ESG Report Summary

Introduction

The company, listed on SH 601888 and HK 01880, is a leading travel retail operator focused on duty-free merchandise. The 2023 Environmental, Social and Governance (ESG) Report outlines its third ESG report, emphasizing high-quality development, governance, and sustainable practices aligned with national strategies and UN SDGs.

ESG Performance Overview

• Environmental: Achieved LEED certifications for green buildings, reduced carbon emissions, and promoted low-carbon operations. Spent CNY27.93 million on rural revitalization and implemented initiatives like green packaging to minimize waste.
• Social: Supported rural areas with CNY13.37 million in assistance projects, enhanced employee welfare with training and safety measures, and engaged in customer satisfaction programs.
• Governance: Maintained robust ESG governance through committees addressing strategy, compliance, and risk management, with a focus on stakeholder engagement and materiality assessment.

Key Initiatives

• Rural Revitalisation: Implemented 10 assistance projects to boost local economies and common prosperity in regions like Menglian and Ximeng counties.
• Green Actions: Partnered with brands for sustainability, such as tree-planting campaigns and eco-friendly packaging, contributing CNY47,533 to marine conservation.
• Climate Response: Addressed climate risks by adopting renewable energy and promoting green building standards to adapt to physical and transition risks.

Conclusion

The company aims to lead in global duty-free operations, enhance ESG integration, and continue expanding its green initiatives. Future goals include achieving net-zero alignment and further reducing environmental impacts.