ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT
Pioneering New Possibilities after Forty Years of Success
The year 2019 marked the 70th anniversary of the founding of PRC, while it is also the 40th anniversary of the CITIC group. In the past 40 years, we have always been committed to contributing to the country by positioning ourselves as the pioneer to innovate, while persisting in fulfilling our political, economic and social responsibilities as a state-owned enterprise. At CITIC, we strive to excel in every aspect of our business to eventually contribute to every community in China. To achieve it, we closely connect ourselves with the public, country and society and the era we live in.
We strive to build on our success of the past forty years and continue our good practice. At the same time, we see it as a starting point, as the CITIC group has greater responsibility, for which clearer goals and direction for our future are necessary. We will continue to live up to our core values of “integrity, innovation, cohesion, integration, dedication and excellence” as our core values and bring “CITIC 32 characters” to life. To fulfill our corporate responsibility, we will also continue to improve our employee, environmental, brand, and community welfare management, while exploring new ways to build a better future for humanity and the natural environment together with our country.
Staff responsibility
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We employed a workforce of 287,910, including 154,647 from Golden Arches (China) Co. Ltd. Management Company Limited, an increase of 14,566 as compared with that in 2018.
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We received the “Best Employers’ Award” for four consecutive years.
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Three employees from our subsidiaries received “State Council Special Allowance”; one received “2019 Friendship Award” from the Government; one received “2019 Cultural Master and ‘Four Essential Project Skills’ Award”.
Environmental responsibility
- Chongqing Sanfeng Environment, a subsidiary of CITIC Environment, was included in the Green Supply Chain CITI Index, ranking first in the environmental protection industry.
- In 2019, there were no substantial environment pollution incidents occurred.
Customer responsibility
- Announced the list of authorised companies that can use the CITIC brand.
- CITIC Bank won the “Excellent Financial Services Bank for Major Clients 2019” award at the 14th Asian Finance Conference.
- CITIC Tower (Beijing) won the 2019 RICS Awards – China Annual Construction Project Champion.
Industrial responsibility
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CITIC Bank won several industry awards, such as the “Custodian Bank of the Year (Shareholding Bank)” by The Asian Banker.
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CITIC Construction was ranked 54th in the United States’ Engineering News Record (ENR) 2019 Top 250 International Contractors.
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CITIC Heavy Industry Kaicheng Intelligence was awarded “China’s Intelligent Special Robot Industry First Echelon Representative Enterprise” by the Ministry of Industry and Information Technology for three consecutive years.
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CITIC Dicastal was ranked 65th in the Global Top 100 Auto Parts Suppliers.
Social responsibility
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CITIC Limited and its subsidiaries donated approximately RMB184.12 million to local communities.
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CITIC Construction was awarded the “Outstanding Overseas Sustainable Enterprise Award” at the China Corporate Social Responsibility Annual Conference.
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China CITIC Bank received the “Effectively Tackling Three Challenges” Award at the Top 100 Social Responsibility Commendation Conference by the China Banking Association – the only bank to receive this award.