It is China’s basic state policy to conserve resources and protect the environment. The Energy Conservation Law of the People’s Republic of China stipulates that all units and individuals shall fulfill their energy conservation obligations in accordance with the law. The Environmental Protection Law of the People’s Republic of China stipulates that all units and individuals have the obligation to protect the environment, and enterprises shall prevent and reduce environmental pollution and ecological damage. We recognize the importance of environmental and natural resource conservation to our business operations. As a financial service institution, the Company’s business has no significant impact on the environment and natural resources, but the Company understands environmental responsibilities and actively contributes to energy conservation and emission reduction. The Company strictly follows the requirements of laws, regulations and national policies to carry out the work of energy conservation and emission reduction, and continuously promotes and improves the relevant measures of green operation and environmental protection to ensure the effective implementation of the work of energy conservation and emission reduction.
1
Promoting Green Office

The Company implements the green office concept and takes various measures to protect the environment, including saving electricity consumption for lighting, banning installing or changing electric wire without permission, setting air-conditioners in public space to a proper temperature, saving water in toilets, forbidding use of company-owned vehicles for personal purpose, and encouraging paperless office, etc.

  • 1Low-Carbon Data Center

    The total usable area of the Company’s Beijing data center is about 3,000 square meters, and the construction standard is Tier 4, which has reached the first-class level in China and the leading level in the industry. It has won many highest awards in data center design and construction in China. At the same time, the data center adopts a variety of energy-saving measures to achieve the goal of saving energy and reducing greenhouse gas emissions. Currently, the main energy-saving measures are as follows:

    • Adopt cooling mode with high-temperature chilled water, greatly reducing the power consumption required for cooling.
    • Apply plate heat exchangers for cooling in the winter, which reduces startup time of the refrigerator and saves energy.
    • Establish cold aisle isolation inside the equipment room to reduce unnecessary heat loss and cooling load.
    • Install LED lighting which is more energy efficient than traditional illumination.
    • Use high-efficiency UPS equipment to reduce current consumption by the power supply and distribution.

    During the year, the Company continued to adhere to the “low-carbon environmental protection” principle and adopted various measures to reduce waste generation.

    In 2019, the Company actively responded to Opinions on Accelerating the Household Waste Sorting and launched a campaign of waste sorting and recycling. A joint working group is set up to carry out waste sorting plan in office buildings of Beijing. Both the effectiveness of the waste management and the environmental consciousness of the employees are strengthened by virtue of various measures including replacement with sorting bins and bags, posting related marks and labels, bulletin board for “Waste sorting”, and launching special trainings for waste sorting.

    The Company also takes efforts to reduce the number of waste plastic bottles and disposable paper cups generated by installation of water dispensers, supply of hot water bottles and reusable tea cups, and encouraging employees to bring their own water cups and limit the consumption of bottled water and disposable paper cups.

  • 2Reduce Waste

  • 3Water Saving

    The Company actively responds to the national call on water conservation, and makes water-saving plans according to the actual operation and puts them into practice. In order to achieve the goal of saving water, we renovated the water purification system in Beijing headquarters building for waste water recycling, where the filtered waste water from the main unit is collected into an underground water tank through new pipelines for further reuse.

  • 4Emissions Compliance

    In order to dispose of kitchen sewage from the headquarters building’s canteen in compliance, the Company installed a new set of sewage purification equipment. According to the testing results, the suspended solids, grease, COD (chemical oxygen demand) and other indicators in the sewage met the local discharge standards of Beijing.

  • 5Energy Saving

    During the Reporting Period, the Company continued to implement the energy-saving plan. By replacement of traditional illumination with LED lightings, the power consumption and heat emission of office illumination were reduced, and hazardous waste, such as fluorescent lamps were also reduced.

    At the same time, the Company reasonably adjusts the heating water temperature according to the indoor and outdoor temperature, and the energy consumption of headquarters building during the heating season in 2019 decreased 1,904 GJ compared to the same period in 2018.

2
 Advocating Green Mobility

In 2019, the Company continues to implement the concept of green travel by strengthening the management of company owned vehicles and providing charging equipment for new energy vehicles.

The Company strictly followed the Reform Plan for the Use of Vehicles Owned by CITIC Group and continued to strengthen the management of official vehicles. Rules on the Management and Use of Vehicles Owned by CITIC Securities Company Limited specifies the application and approval process, expense accounting and limits governing the use of company-owned vehicles. All company-owned vehicles are furnished with GPS to track everyday use of vehicles in one way, and provide traffic guidance to save gasoline consumption in the other way.

In addition, relevant departments of the Company conduct monthly analysis of fuel consumption of vehicles and forms a quarterly report. The managements analyze the trends of gasoline consumption according to the quarterly report, identify possible causes of above-average consumption in a timely manner and take measures to prevent continued resource wastage. For emission standards of vehicles, old and obsolete vehicles are retired and vehicles in use exhaust in compliance with the national requirements. By putting into effect the rules on company-owned vehicles, the Company has significantly lessened the use of company-owned vehicles, and reduced emissions by company-owned vehicles effectively.

Meanwhile, the Company conducted a meticulous survey within subsidiaries and branches on company-owned vehicles, and re-allocated the vehicles regarding the business development and strategic demands to enhance efficiency. Moreover, each company-owned vehicle is managed and dispatched from the Company’s OA system to facilitate business travel of the employees. The Company also stipulates that all subsidiaries and branches should specify the usage and procedure of the vehicles to regulate the management of company-owned vehicles.

In addition, in order to encourage low-carbon green travel, the Company facilitates the use of new energy vehicles by employees. We set up four charging piles on the third floor underground of the Beijing headquarters building, which can charge 8 electric cars at the same time.