Biodiversity Commitment and Policy
2025/10/22 15:38Publisher:Onewo
ONEWO Inc.
Biodiversity Commitment and Policy
Version:V1.0
Onewo Inc. (hereinafter referred to as “Onewo”, “the Company” or “We”) fully recognizes the significance of biodiversity to the stability of nature and ecosystems. We support the goals of the United Nations Sustainable Development Goals (UN SDGs), the Convention on Biological Diversity, and the Kunming-Montreal Global Biodiversity Framework. We are committed to protecting biodiversity and avoiding negative impacts on natural ecosystems.
1. Policy Endorsement
This policy has been reviewed and approved by the Executive Management and reported to the Board of Directors of Onewo. The Company's ESG Office and supply chain procurement management department are responsible for implementation.
2. Commitment
Onewo is committed to achieving a No Net Loss (NNL) in investments, mergers and acquisitions, and new projects by 2030, and a Net Positive Impact (NPI) on biodiversity by 2050, adhering to the following mitigation hierarchy principles:
Avoid:
Ø Conduct due diligence and biodiversity risk assessment in the early stages of investment, mergers and acquisitions, and new projects, and avoid conducting business activities in areas with significant biodiversity.
Ø Conduct investigations on business partners and suppliers before collaborating to ensure that business activities along the value chain do not involve significant biodiversity areas.
Reduce:
Ø Reduce the emissions of toxic and nutrient pollutants to water and soil to protect surrounding wetlands and nature reserves: reduce the usage of chemical pesticides and change to biological pesticides for pest control; reduce the use of detergents and fertilizers containing nitrogen and phosphorus.
Ø Reduce the impact on soil retention and lower the possibility of introduction of invasive species: if the current land is re-planned and utilized, permeable materials should be adopted to ensure sufficient soil moisture and maintain the functionality of soil retention. Greening adopts a multi-layer configuration of arbor-shrub-grass, with priority to use local deep-rooted trees, which enhances the soil retention capacity and reduces the possibility of introduction of invasive species.
Ø Reduce the light disturbances: for operation sites located near nature reserves such as marine species and forests, minimize the use of nighttime lighting wherever possible or switch to amber light sources to minimize light disturbances to marine species and migratory birds at night.
Ø Reduce greenhouse gas (GHG) emissions to mitigate the impact on climate change.
Ø For the operation sites located around nature reserves, it is necessary to promote the importance of nature and biodiversity within the community to reduce the unconscious damage caused by the neighborhood to the nature reserves.
Regenerate and Restore:
Ø Increase the area of green walls and rooftop gardens, select local endangered plants, and provide habitats for birds and insects.
Ø Provide nesting conditions for endangered birds in appropriate areas.
Transform:
Ø Conduct market demand and preference analysis, enhance market insight, and adjust the business strategy in a timely manner.
Ø Monitor the development and progress of new technologies within the industry and adopt new technologies in a timely manner in line with policy trends.
Onewo maintains regular communication with stakeholders to fully understand the stakeholders’ expectations, including government and regulatory authorities, shareholders and investors, customers and property owners, suppliers and partners, employees, media and public welfare organizations, and community public. Meanwhile, Onewo regularly collects the views and suggestions of stakeholders on the biodiversity issues through online questionnaires to ensure the engagement in Onewo's biodiversity management activities and risk response.
3. Scope of Commitment and Policy
Our commitment and policy of biodiversity cover our own operations, suppliers and partners. We actively work with suppliers and partners to protect biodiversity.
4. Biodiversity Risk Management
4.1 Risk Management Process
Onewo incorporates the identification and management of natural and biodiversity risks into its overall risk management process. It integrates risk management through a combination of top-down and bottom-up approaches, incorporating natural and biodiversity risks into investment decisions, procurement standards, and operational norms.
The ESG Office and relevant departments responsible for biodiversity topic management serve as the leading roles to establish a cross-departmental assistance mechanism, including the management and executive personnel of various departments such as compliance, suppliers, finance, human resources, and operation management.
Collect the latest information and insights on nature and biodiversity from the entire value chain, including internal departments, international and domestic policies and regulations, suppliers and partners, customers and owners, etc. Combine the opinions of external experts to sort out and analyze the collected information, and form and regularly update the impact and dependence assessment forms, risk and opportunity lists related to nature and biodiversity.
Prioritize each item in the evaluation form and list, incorporate the risks identified with higher priority into the overall risk framework, and set management goals.
Formulate and implement risk response management plans and resource allocation.
Regularly monitor the achievement of goals, conduct reviews and make improvements.
4.2 Risk Identification
Based on the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations and in combination with the industry type and actual operation conditions of Onewo, the physical risks and transition risks for nature and biodiversity were identified. The response strategy was managed in accordance with the mitigation hierarchy principle in commitment.
Type of Risk | Time Scope | Description of Risk | |
Physical risk | Acute risk | Short term | Extreme weather such as torrential rain, floods and storms can cause damage to buildings or waterlogging, increasing the maintenance costs of buildings and facilities |
Chronic risk
| Medium and long term
| Soil retention: soil is lost due to water and wind forces, leading to soil erosion and collapse, which poses risks to the structural stability and integrity of buildings and increases maintenance costs | |
Local climate regulation: the increase in GHG emissions, but the insufficient absorption of GHG by ecosystems such as wetlands and forests will lead to abnormal local climate regulation, causing the heat island effect. The rise in temperature will result in increased water consumption and energy consumption, as well as higher operating costs | |||
Pest control: applying pesticides as chemical control, there may be risks of pests developing resistance and polluting water or soil, leading to increased operating costs | |||
Decline of endangered species: after the disappearance of endangered predatory species (such as certain birds), pests may get out of control, increasing the spraying of pesticides and intensifying the health risks for residents. In addition, the decline of endangered species reflects the degradation of the ecosystem, which lacks buffers during extreme weather and increases operating costs | |||
Transition risk | Policy risk | Medium and long term | The Kunming-Montreal Global Biodiversity Framework has set action goals for 2030 and a vision for 2050. China has also introduced corresponding protection strategies and action plans. There may be more regulatory requirements in areas such as biodiversity surveys, monitoring and assessment, protection and restoration, and social participation, which will increase compliance costs |
Market risk | Long term | Real estate enterprises/owners' committees are increasingly aware of the current climate change and extreme weather. They may tend to choose enterprises with excellent natural and biodiversity management to serve them. If the transformation is failed, it may lead to a decrease in market share | |
Technology risk | Medium and long term | The government may encourage and promote the adoption of new technologies in the fields of ecosystem services and climate change in various industries. If it can’t be implemented in a timely and effective manner, leading to a decline in competitiveness and a reduction in market share | |
Reputational risk | Short, medium and long term | Investors are increasingly concerned about the performance of enterprises in terms of nature and biodiversity. If an enterprise underperforms, it may affect investors' trust and lead to capital loss. Society is increasingly concerned about the sustainable operation of enterprises. If ecological protection is not managed properly, it may lose the trust of stakeholders |
4.3 Risk Assessment and Exposure Assessment
We adopted the "Locate, Evaluate, Assess and Prepare (LEAP)" approach proposed by the TNFD to identify and assess the impact and dependence, risks and opportunities of our operation, upstream and downstream on nature and biodiversity. The Exploring Natural Capital Opportunities, Risks and Exposure (ENCORE) database recommended was adopted, combining with the water risk map of the World Wildlife Fund (WWF) and self-operation, through external expert consultation and communication with relevant internal departments, we conducted a risk assessment of impact and dependency of Onewo operation and the business activities of upstream and downstream on nature and the ecosystem.
In terms of impacts, the impacts of Onewo's operation on nature and biodiversity mainly reflected in three aspects: disturbances (light pollution), emissions of GHG, and land use. The upstream impacts on nature and biodiversity mainly came from building development, including disturbances, emissions of GHG, land use, and solid waste. The main impacts of downstream on nature and biodiversity were greening and cleaning, including the emissions of toxic and nutrient pollutants to water and soil, as well as the introduction of invasive species.
In terms of dependencies, the dependencies of Onewo’s operation on nature and biodiversity reflected in flood and storm mitigation, soil retention and local climate regulation. The dependencies of upstream on nature and biodiversity was mainly on building development, including soil retention, rainfall pattern regulation, water supply, flood and storm mitigation. The dependencies of downstream on nature and biodiversity mainly focused on greening and cleaning, including water supply, water purification and pest control.
In addition, the exposure assessment was conducted on 6,641 operation sites of Onewo*(covering a total area of 93,611.24 hectare), through the investigation of the biodiversity status, ecological integrity and distribution of protection zone within 2 kilometers around each operation site, including the International Union for Conservation of Nature (IUCN) Red List of Threatened Species, the Red list of China's Biodiversity - Vertebrates (RCB), Key Biodiversity Areas (KBA), World Natural Heritage, Wetlands of International Importance, and China's Nature Reserves. Based on a comprehensive assessment, 49 operation sites were identified as locations with significant biodiversity impacts, covering a total area of 1,495.88 hectares, accounting for 1.6% of the total area of all evaluated operation sites. The endangered species and nature reserves of all locations that have a significant biodiversity impact are protected in accordance with the management plans stipulated in the "Reduce" and " Regenerate and Restore " of the commitment.
5. Supervision and Reporting
This policy has been reviewed and approved by the Executive Management and reported to the Board of Directors. Based on the development needs of the community, changes in policies and regulations, and feedback from stakeholders, the supply chain procurement management department and ESG Office will initiate an update review by April 20th each year, and complete the update and release of this policy by June 30th to ensure its continuous effectiveness and applicability.
Onewo Inc.
ESG Office
Supply Chain Procurement Management Department
October 20th, 2025
*Note: This data is current as of August 30, 2025.