Printed with recycled paper China Everbright Group 中国光大 2018 Corporate Social Responsibility Report China Everbright Group Address: China Everbright Center, No.25 Taipingqiao Street, Xicheng District, Beijing Postal Code: 100033 Tel: +86-10-63638925 Fax: +86-10-63639941 Website: www.ebchina.com Everbright Future About the Report Contents Dear readers, the China Everbright Group’s Corporate Social Responsibility Report of 2018 is officially released. It is a 02 Sincere Greetings systematical disclosure of the Group's ideas, actions, typical practices and performance in fulfilling its social responsibilities in economy, society and environment in 2018. The released report is based on the principles of objectivity, normativity, 04 About Everbright transparency and comprehensiveness. The report is available in both Chinese and English versions. In case of any 14 Focusing on Responsibility discrepancy, the Chinese version shall prevail. Reporting Period The current reporting period is from January 1, 2018 to December 31, 2018. To guarantee the consistency and comparability, some contents of the report may trace back to previous years. 22 Showing Aspiration with 30 Establishing Public Reputation Great Ambition and Building Brand Image Release Cycle 24 Leadership of Party Building 32 Financial Sector The report is an annual report and is generally released in the second quarter of the following year. 26 Mission Undertaken 34 Industrial Sector 29 Open Development 36 Serving Brand Organizational Scope This report covers the headquarters and subsidiaries of China Everbright Group. For the convenience of presentation and reading, in the report, “China Everbright Group” is also referred to as “Everbright Group”, “Everbright”, “The Group” 38 Focusing on Innovation and 46 Guarding the Bottom Line or “We”. Promoting Transformation and Risks Preventing 40 Technology and Innovation 48 Strict Governance over the Party Compilation Basis Management 49 Compliance with Laws and · The 2030 Agenda for Sustainable Development by the United Nations 41 Innovation Practice Regulations 43 Efficient Collaboration 50 Prudent Operation · GRI Sustainability Reporting Standards (GRI Standards) issued by the Global Sustainability Standard Board (GRI) · Guidance on Social Responsibility Reporting (GB/T 36001-2015) 52 Protecting Ecology and 60 Increasing Vitality and · Guidelines on Corporate Social Responsibility Reporting for Chinese Enterprises (CASS-CSR4.0) issued by the Beautifying Homeland Gathering Energy Research Center for Corporate Social Responsibility, Economics Division, Chinese Academy of Social Sciences 54 Green Industry 62 Rights Protection Data Source 57 Green Finance 63 Vitality Motivation 58 Green Operation 64 Culture Promotion The financial data cited in the report are from Everbright Group’s Annual Report of 2018. Other data are acquired from internal or external official documents of Everbright Group. The unit of account here in is RMB unless otherwise stated. 68 Uniting in a Concerted Effort and Pursuing for a Joint Development Access to the Report 70 Win-win Cooperation The report is available in both printed version and electronic version. You may download the electronic version of this 73 Overseas Joint Construction report from Everbright Group’s website at http://www.ebchina.com. 74 Peaceful Co-existence For any questions regarding the report, please send an email to [email protected] or call us at +86-10-63638925. 76 Responsibility, A More Beautiful Future 78 Expert Opinions 79 Report Index 80 Feedback Form China Everbright Group | Everbright, forever Corporate Social Responsibility Report 2018 Uniting the sense of responsibility and upgrading responsibility Increasingly promoting innovation-driven development and Deepening Everbright culture and caring for employees' Sincere Greetings management. We always pursue the unification of the promoting transformation and upgrading. We strengthen development. We intensify talent selection and recruitment value of commerce, the value of the times and the value of the support of innovation strategy and keep doing our with market-oriented principles, focusing on the “Five individual. Under the guidance of the company’s corporate best to build an innovative enterprise. We enhance the Castings” and highlighting “Six Capabilities”. We launch the vision of “Everbright, forever”, we creatively come up with management of sci-tech innovation by implementing “Everbright Talent Pavilion” plan and carry out dual selection the proposal of the “Sunshine” Responsibility Model. The the strategy of technological innovation, promoting the for young employees. We formulate the “27 Everbright “Sunshine” Responsibility Model explains our CSR philosophy construction of sci-tech management mechanism and Rules” to encourage cadres to take their responsibilities, and clarifies our action path of fully and comprehensively strengthening information-based management. We carry so as to ensure the personnel growth with a flexible talent integrating social responsibility into our development strategy, out innovation practices, create an innovation atmosphere mechanism. We cultivate Everbright new culture, carrying daily management and daily business operation. It will internally within the company, strengthen exchanges and out employee services and cultural activities, so that bring endless impetus and energy to help us achieve our cooperation externally with other parties, and improve our Everbright Group will become the cradle for every employee organizational strategic ambition of building a world-class products and services through innovation. With E-SBU to grow up, a fulcrum for them to pursue dreams, and a financial holdings group with global competitiveness. strategy as one of our key points of our mid- and long term harbor for them to rest. development strategy, we have built a coordinated and open Following the guidance and leadership of Party Building E-SBU development model centering on the six E-SBUs, Cherishing cooperation with partners and adapting into and implementing the national strategy. We innovate the namely wealth, investment, investment bank, environmental community construction. We adhere to the principle of work concepts of Party Building and propose the overall protection, tourism and health, and the coordinated openness and sharing; carry out diversified cooperation with requirements for “Three-Three-Five” Party Building work development effect has gradually emerged. stakeholders such as local governments, various enterprises, overall requirement. We implement the performance cultural and educational institutions and trade organizations appraisal system for Party Building, work ceaselessly to Casting a gate to ensure safety and holding the bottom line in expansion and depth. In 2018, Everbright Group held talks improve Party conduct and strictly enforce Party disciplines. of risk. We perfect the responsibility-based mechanism, and signed contracts with 77 strategic customers, covering We make full use of our advantages in integrating both strengthen Party disciplines, and implement the spirit of the more than 10 provinces and cities in China as well as Egypt, of industry and finance with the purpose to facilitate the Central Committee's Eight-point decision on strengthening the United Arab Emirates and other countries. We have implementation of national strategies. Such national political inspection, enhancing execution capability. We complemented each other with our respective strengths and strategies include the coordinated development of Beijing- manage the enterprise strictly according to law to prevent achieved win-win cooperation. In our overseas operations, Tianjin-Hebei Regions, the construction of Guangdong-Hong any legal risks, so as to ensure compliance with laws and we support local economic and social development Kong-Macao Greater Bay Area, and the development of the regulations in all lines of business. We steadily promote the and assume our responsibilities as a global citizenship Yangtze River Economic Belt. We will actively support the construction of a comprehensive risk management system responsibility. We devote ourselves and engaged to social Real Economy, open up funds to reach the “Last Mile” of with the “Three Lines of Defense” and “Four Firewalls” as public welfare undertakings, and participate in charity The year 2018 marks the 35th anniversary of Everbright the Real Economy. We insist on utilizing our full advantages the main concept and adopt the proper business department donations, community assistance and other activities to build Group. Over the past 35 years, we have always adhered in our financial sector and industrial sector to boost rural divisional model in the system, as well as exploring the a harmonious and beautiful society. to the justice and shared interests. We pay close attention revitalization. We will adhere to the opening up policy and appropriate measures to properly insulate industrial and to the coordinated development between the enterprise support the Belt and Road Initiatives. financial enterprises from risks. The general trend is approaching, and the future has come. as well as with the overall economy, society, culture and The year of 2019 marks the 70th anniversary of the founding environment. At the same time, we are always accountable Optimizing products services and building the Everbright Taking root in green business and carrying out green of the People’s Republic of China, and it is also a crucial to our shareholders, to the