Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group’s 2021 annual performance presentation and ESG social responsibility report conference were held in Beijing on the 15th in the form of online live broadcast.
Liu Yongzheng, deputy secretary of the Party committee of capital group and chairman of Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group, said in response to investors’ questions that Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group will strive to build a “5 + 4 + 1” business portfolio during the 14th Five Year Plan period, adhere to the development path of “emphasizing both light and heavy”, and strive to strengthen scientific and technological innovation while maintaining the steady development of heavy asset business, improve service ability and pursue high-quality development driven by ability.
Liu Yongzheng further said that looking forward to the 14th five year plan, Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group will transform from traditional investment driven to solution driven, and change the traditional project-based thinking into product-based thinking, so as to build a comprehensive service capacity with multiple business forms and full life cycle. At the same time, the company will firmly cultivate the city, be close to customers, provide customers with high-value services and create environmental value for the people.
revenue and profit hit a new high
At the performance presentation meeting of the first annual report after integration, Li Fujing, director and general manager of Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group, interpreted the business performance, financial performance, business highlights and strategy implementation in 2021.
In 2021, the performance of Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group increased rapidly, and the operating revenue and profit reached a new record. Among them, the total assets reached 107231 billion yuan, a year-on-year increase of 6.63%; The operating revenue was 22.233 billion yuan, a year-on-year increase of 15.65%; The net profit attributable to the parent company was 2.287 billion yuan, a year-on-year increase of 55.58%; The net profit attributable to the parent company after deduction was 1.634 billion yuan, a year-on-year increase of 19.52%.
The data also shows that the two business segments of water and solid waste have become the cornerstone of the company’s profits, accounting for more than 75% of the company’s total profits.
In terms of new model exploration, in 2021, the company successfully issued the first batch of public REITs in China, and Fuguo initiated water reit As of the release date of the annual report (April 8, 2022), the cumulative increase has reached 59.11%, which has attracted the attention of the investment community. This has played an important role in revitalizing high-quality environmental protection assets, and the company will continue to promote relevant work in the future.
“Deep ploughing the city” is one of the core strategies of Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group’s “ecology + 2025” strategy Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group realized the linkage expansion of water, solid and gas in key provinces and cities such as Beijing, Shandong and Anhui and key cities such as Ningbo, Shiyan and Guiyang by digging deep into the needs of customers in key cities in 2021. A total of 74 new projects were added, and the cumulative contracted scale reached 18.9 billion yuan.
esg responsible governance completes the carbon inventory of the third-party system
Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group released the 2021 environmental, social and Governance (ESG) and social responsibility report in the same period, which focused on the efforts made by the company to respond to the national strategy and achieve the goal of “double carbon”.
Zhang Meng, Secretary of the Party committee and director of Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group, said that the two “small goals” set by the company in ESG governance in 2021 have been achieved – complete the system wide carbon asset inventory, keep the “number” in mind and set an example for the industry; Fully launch the corporate ESG governance, and promote the ESG value investment concept through the disclosure of sustainable development data.
It is reported that, unlike the waste incineration power generation business, there is no carbon emission accounting standard in the sewage treatment industry Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group put forward the idea of measuring the management level of sewage treatment project with carbon emission data as early as 2018, and independently developed the sewage treatment carbon footprint model and life cycle impact assessment model, which have been applied in the whole system carbon inventory. This provides an important basis for the sewage treatment industry to formulate scientific, reasonable, real and effective carbon emission reduction targets.
In the calculation of carbon emission from waste incineration power generation, Beijing Capital Eco-Environment Protection Group Co.Ltd(600008) group applied more than 10 national standards and CCER methodology to calculate the emissions of nearly 10 processes, including direct emissions from combustion of combustion supporting fossil fuels and emissions from leachate treatment, so that the data and methods of carbon inventory can be checked.
