2023-03-30-上交所-山东高速股份有限公司2022年环境_社会及治理（ESG）报告（英文版）_42页_15mb

Summary of Shandong Hi-speed Company Limited 2022 Environmental, Social and Governance Report

Core Content

Shandong Hi-speed Company Limited released its 2022 Environmental, Social and Governance (ESG) Report, covering the period from January 1 to December 31, 2022. The report outlines the company's commitment to achieving comprehensive, coordinated, and sustainable development, emphasizing its economic, social, and environmental responsibilities.

The report is prepared in accordance with the Shanghai Stock Exchange (SSE) guidelines and the Global Reporting Initiative (GRI) Standards, and it is issued in both Chinese and English, with the Chinese version taking precedence in case of discrepancies.

Main Points

• Corporate Mission: Shandong Hi-speed is committed to "Enriching Employees, Strengthening the Company and Giving Back to Society."
• Sustainable Development: The company continues to implement sustainable development policies and prioritize green and low-carbon operations.
• ESG Commitment: It has established internal systems such as the ESG Working Plan, Strategic Development and ESG Management Committee Working Rules, and ESG Management Measures to support its ESG goals.
• Governance Structure: The company has a well-defined governance structure with the board of directors, special committees, and management, ensuring compliance and effective internal control.
• Stakeholder Engagement: It actively engages with various stakeholders including the government, investors, employees, customers, suppliers, media, and the community through diverse communication channels and mechanisms.
• Material Issues: In 2022, Shandong Hi-speed identified 25 material issues and developed a materiality matrix to prioritize and address them based on stakeholder concerns and ESG standards.

Key Information

Company Profile

• Established: November 16, 1999
• Listed: March 18, 2002 on the Shanghai Stock Exchange (ticker: 600350)
• Registered Capital: RMB 4.827 billion
• Operations: Manages 2,887 kilometers of roads and bridges, including 1,555 kilometers of self-owned and 1,332 kilometers of delegated assets.

Corporate Culture

• Core Values:
  • Hi-speed: Focus on core business for efficient growth.
  • Towards the Future: Advocate for a forward-looking vision and long-term value creation.
  • Smoothness, Harmony, and Perseverance: Emphasize cooperation, synergy, and perseverance in the face of challenges.

Chairman's Statement

• 2022 Highlights:
  • Achieved a pavement quality index (PQI) of 95.35.
  • Exceeded 99.9% in Type I and Type II bridges.
  • Actively promoted green development, low-carbon operations, and environmental protection.
  • Invested RMB 808,200 in rural revitalization and RMB 1 million in charitable donations.
• 2023 Outlook:
  • Deepen understanding and implementation of the 20th National Congress of the Communist Party of China.
  • Continue to pursue high-quality development and contribute to building a transportation powerhouse in China.

ESG Governance

• Structure:
  • Board of Directors: Led ESG governance.
  • Strategic Development and ESG Management Committee: Supervised ESG implementation.
  • Working Group: Managed ESG operations.
  • ESG Working Group: Executed ESG-related tasks.
• Strategies:
  • Advanced use of information technology in ESG practices.
  • Established an ESG performance management system with quantitative information as the core.
  • Enhanced internal ESG governance and external communication mechanisms.

Stakeholder Engagement

• Communication Channels:
  • Government and Regulators: Reporting documents, special reports, negotiations, information disclosure.
  • Shareholders and Investors: Company announcements, shareholder meetings, roadshows.
  • Employees: Employee forums, face-to-face communication, social media, workers' congress, questionnaires.
  • Customers and Partners: Business communication, user feedback, exchange and discussion.
  • Suppliers: Supplier assessments, phone calls, and mail.
  • Media and NGOs: Press conferences, social media, official website.
  • Community and Public: Official website, community activities, social media.
• Material Issues Identified:
  • High Importance: Quality of road services, road safety, employee compensation and benefits, work safety and occupational health, anti-corruption.
  • Medium Importance: Consumer privacy protection, climate change response, standard and control of road noise, employee training and development, water utilization.
  • Low Importance: Energy conservation, community welfare, supply chain management, rational use of land, impact on biodiversity.

Honors and Awards

• April 2022:
  • Governing Unit of the China Association for Public Companies (Third Session)
  • "Golden Round Table Award" for Special Contributions to Corporate Governance
• June 2022:
  • Certificate of Rich Rewards List
  • Certificate of Sincere Rewards List
• November 2022:
  • First Prize of Innovation Achievements of Enterprise Management Modernization in Shandong Province
• December 2022:
  • 6th China II "Best ESG Award"
  • Top 100 Enterprises of China
  • Top 100 Best Management and Operation

Conclusion

The 2022 ESG Report highlights Shandong Hi-speed's dedication to sustainable development, strong corporate governance, and active stakeholder engagement. The company continues to prioritize environmental protection, social responsibility, and governance excellence, aiming to become a leading ESG enterprise in the industry and a benchmark for high-quality development in China.