AiHuiShou International Co. Ltd.
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:5917.44 tCO2e/year
Scope 1 Emissions:0 tCO2e/year
Scope 2 Emissions:42503.60 tCO2e/year
Scope 3 Emissions:5396.57 + 6271.68 + 2745.59 = 14413.84 tCO2e/year
Total Energy Consumption:4280524 MWh/year
Water Consumption:89591.75 m3/year
Waste Generated:193.12 tons/year
Carbon Intensity:0.515 tonnes of carbon dioxide equivalent/ RMB million (Scope 1 + 2)
ESG Focus Areas
- Carbon emission reduction, recycling and re-commercialization
- Industry self-discipline, employee development and social welfare
- Top-level governance and information security management
Environmental Achievements
- Responsibly re-commercialized over 23 million pre-owned consumer electronics
- Reduced electronics pollution by 36.1 tonnes
- Dismantled 225,000 devices eco-friendly
Social Achievements
- Launched Listener Program with 100% resolution rate of 582 issues
- Provided RMB2 million fund for interest-free housing loans to staff
- Completed five training programs covering 456 merchants, resulting in a 0.39% average decrease in return rate and a 45.84% average improvement in merchant credit scores.
Governance Achievements
- Established a three-tier architecture for ESG management (Board of Directors, ESG Committee, ESG Working Group)
- Established an anonymous reporting mechanism for misconduct
- No lawsuits linked to corruption or fraud filed against the Company during the reporting period.
Climate Goals & Targets
Long-term Goals:
- Becoming a leading carbon neutral company and a benchmark of carbon footprint management in the industry.
Environmental Challenges
- COVID-19 pandemic impacting operations and requiring adaptation of safety measures.
- Managing the environmental impact of consumer electronics throughout their lifecycle.
Mitigation Strategies
- Activated emergency plan for pandemic prevention and set up a special public welfare program.
- Improved hygiene standards for courier staff and sanitized workplaces.
- Calculated greenhouse gas emissions of Scope 1, 2, and 3 and planned to set energy-saving and emission-reduction targets.
- Integrated “green” ideas into all stages of product recycling, focusing on reducing the life-cycle carbon footprint of products.
Supply Chain Management
Responsible Procurement
- AiHuiShou Sustainable Procurement Policy
- Preferential purchase of sustainable products
- Supplier code of conduct
- Comprehensive appraisal in sustainability performance
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards, SASB, MSCI, Sustainalytics
Certifications: ISO 27001
Sustainable Products & Innovation
- AiQingChu data erasing system
- Device Hero intelligent inspection tool
- Smart video-based evidence capturing and seal bags
Awards & Recognition
- 2021 20 Most Socially Influential Startups in China
- 2019 Hurun China Top 500 Private Enterprises
- 2019 Hurun Global Unicorn List - #138
- 2019 Venture50 Most Influential Mobile Internet Enterprise
- China's Business Innovation Organization of the Year
- 2019 China's 50 Most Innovative Companies - Consumer Sector
- 2020 Top 100 Most Competitive Enterprises & Most Influential Enterprises
- 2020 Charity List of Chinese Internet Companies Battling COVID-19 – Top 100 Influencers
- 2019 Best Internet/Mobile Internet Investment Case in China's Internet Industry
- WISE King of New Economy – King of New Leasing & Second-hand Economy Unicorn in China's New Consumer Industry