BEKE’s 2025 ESG Report Targets Net-Zero Operations by 2030 and Ties Executive Pay to Sustainability

Bulletin Express04-24 19:05

KE Holdings Inc. (BEKE) published its 2025 Environmental, Social and Governance Report, detailing strengthened governance, aggressive climate goals and wide-ranging social initiatives.

Double-Layered Governance • The eight-member Board—of which independent directors form over one-third—retains ultimate ESG oversight. • ESG execution is led by a Corporate Governance Committee and an executive taskforce; senior management bonuses, including those of the chairman and CFO, are now explicitly linked to climate and other ESG metrics.

Carbon-Neutrality Roadmap • Operations (Scope 1+2) to reach carbon neutrality no later than 2030. • Value-chain (Scope 3) emission intensity to fall 30 % from 2024 to 2030. • 2025 GHG output: 2.89 million tCO₂e (Scope 1: 5,761 t; Scope 2: 115,963 t; Scope 3: 2.77 million t). • An integrated carbon-management platform now captures 95 % of energy, water, travel and procurement data.

Greener Operations • Energy use rose 5.8 % to 233,218 MWh; water use reached 1.41 million tonnes. • Paperless contracts and digital processes saved more than 350 million sheets of paper and cut roughly 3,000 tCO₂. • VR home-viewing exceeded 15.54 billion views, avoiding an estimated 28 million tCO₂ from reduced travel. • Photovoltaic projects and green-electricity purchases supplied 16.24 million kWh to data centres; Huaqiao Academy Phase II targets a 33 % lower carbon intensity than current standards.

Supply-Chain & Product Initiatives • All new and renewed supplier contracts now contain anti-bribery and data-security clauses; 100 % of new suppliers signed Beike’s Data Security and Confidentiality Agreement. • Home-renovation “Back to Basics” process cut over 1,000 tCO₂ for 17,000 households; fund-custody model secures renovation payments in 43 cities with 90 % uptake.

Human Capital Highlights • Workforce: 119,245 employees; women represent 38 %. • Training coverage: ≈94 % of staff; average 16.0 hours per employee. • The Internal Mobility Programme enabled 4,289 transfers, lifting satisfaction by 8.7 % YoY. • Green Mutual Help medical fund has paid out RMB 755 million to 54,000 beneficiaries.

Community & Rural Revitalisation • “15-Minute Beike Volunteer Service Circle” ran 49,000 activities in 98 cities. • Over 2,000 Beike Rider Stations launched in 19 cities, serving 1.15 million worker visits. • Rural initiatives include 12 Beike Caring Homes, 14 Sunshine Playgrounds and support for 840 Sunflower Class students; nearly RMB 42 million contributed to public welfare in 2025.

Risk & Opportunity Outlook • Physical risks from heavier rainfall and typhoons are monitored via an upgraded emergency protocol; potential 2025 asset/operational impact estimated at about RMB 0.20 million. • Transition risks focus on tighter disclosure rules; ongoing investments in data systems and low-carbon operations aim to mitigate compliance costs.

BEKE positions climate action, robust governance and social well-being as core growth drivers while progressing toward a 2030 net-zero milestone.

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