Recently, Horizon Construction Development achieved a milestone breakthrough in the 2025 S&P Global Corporate Sustainability Assessment (CSA): its total score jumped to 58 points, placing it firmly in the top 5% of the global industry (data as of September 29). This annual increase of as much as 10 points not only stems from the company's systematic transformation across the environmental, social, and governance dimensions, but also marks international recognition of its sustainable development practices by an authoritative institution, laying a solid foundation of trust for deeply integrating into and expanding in the global market.

The S&P Global CSA is regarded as the "gold standard" for global corporate sustainability performance, and its rigor and authority have made it a common language of international capital markets. Through three main approaches—customized questionnaires, public data verification, and modeling analysis—the assessment conducts a comprehensive, quantitative review of a company's environmental, social, and governance performance.

1. Conveying sustainable value signals to the global market

CSA assessment results are a key foundation for building the S&P Global ESG Score, which has become an important basis for global investors and asset management institutions in judging a company's long-term value. Currently, companies participating in this scoring span 49 countries, with assets exceeding US$38.4 trillion. This outstanding performance of ranking in the top 5% of the global industry goes beyond the meaning of a mere scorecard—it not only proves that the company's ESG management is fully aligned with international standards, but also sends a clear signal to the global market regarding its forward-looking governance, outstanding risk resilience, and sustainable growth potential.

2. Full compliance across sub-sectors, leading in multiple areas

In the 2025 CSA, Horizon Construction Development demonstrated a posture of "full compliance and leadership in multiple areas":

Outstanding performance in key areas: It achieved high scores in the four major sections of human capital, climate strategy, corporate governance, and customer relationships, which became the core engine driving the jump in the total score.

Continued leadership in sub-items: Among all 20 scoring indicators, the company's scores exceeded the industry average, with 9 of them ranking in the global top 10%, highlighting Horizon Construction Development's comprehensive strength in ESG management.

Horizon Construction Development's 2025 CSA Score

The substantial improvement in Horizon Construction Development's CSA score is attributable to a series of quantifiable and actionable measures the company has advanced in the environmental and social fields, building a complete closed loop from strategy formulation to outcome delivery.

1. Environmental dimension: green operations, backed by data

The company actively responds to the national "dual carbon" goals, incorporates climate response into its core strategy, and continues to make efforts in three major directions—equipment electrification, emissions management, and climate risk prevention and control—achieving significant optimization of multiple environmental performance indicators:

Reduction in greenhouse gas emission intensity: In 2024, greenhouse gas emission intensity per unit of revenue was 3.60 tonnes of CO2 equivalent per million yuan, down 14.69% year on year compared with 2023, exceeding the annual target.

Lower energy consumption density: By optimizing the energy structure, improving energy efficiency, and promoting green equipment, the company effectively reduced greenhouse gas emission intensity. In 2024, energy consumption density per unit of revenue was 1.53 tonnes of standard coal per million yuan, down 18.18% year on year compared with 2023.

Improved water resource utilization: In 2024, water consumption per unit of revenue was 21.01 cubic meters per million yuan, down 28.05% year on year compared with 2023, exceeding the annual target.

For the first time, a physical climate change risk scenario analysis was conducted to identify the impacts of extreme weather and formulate contingency plans, filling the gap in climate risk management.

Hangzhou Bay steel cofferdam project, with steel cofferdams used on a rotating basis

Reduced material input and "zero pollution" to the marine ecosystem.

2. Social dimension: people-oriented, responsibility in tandem

Horizon Construction Development integrates social responsibility into the entire operational process, with solid progress in key areas:

Employee rights protection: 100% training coverage (cumulative over 10,000 class hours), establishment of a three-tier HSE management system, 78,000 person-times of safety training, and 293 emergency drills.

International talent development: Through the "Hongfan Plan" to reserve and cultivate key overseas talent, and "overseas special training" to help expatriate personnel integrate linguistically and culturally, safeguarding employee well-being and competence.

Emergency response responsibility: In the emergency rescue of the Jinshan construction site collapse in March 2025, it responded immediately, quickly deploying professional equipment and teams, and successfully built a 16-square-meter life-support structure, buying valuable rescue time for two trapped workers.

Regular public welfare: Continuously carrying out voluntary blood donation and community visits, forming a public welfare mechanism of "responsibility wherever business reaches."

Comprehensively improving employee training and talent pipeline development

Taking this CSA result as a new starting point, Horizon Construction Development will continue to uphold the philosophy of "working with global partners to build a better future" and deepen its practices in the following three directions:

1. Accelerating green transformation

Increase investment in clean energy and low-carbon technologies, raise the proportion of electric equipment leasing, set phased carbon reduction targets for 2025–2030, and promote a continuous decline in carbon emissions per unit of output value;

2. Creating value together with employees and society

Improve employee promotion channels and physical and mental health support systems, expand the coverage of "skills-based public welfare training," help rural laborers upgrade their skills, and enable ESG outcomes to benefit broader groups;

3. More transparent governance and disclosure

Optimize the operating mechanism of the ESG committee, strengthen ESG data disclosure in the supply chain, enhance the traceability and credibility of the sustainable development process, and continue to convey a "responsible and trustworthy" corporate image to the global market.