Zall Smart Commerce Group Ltd.
Climate Impact & Sustainability Data (2020, 2022, 2023)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Climate Change
- Supply Chain Risk Management
- Compliance
- Employee Health and Safety
- Employment, Compensation and Benefits
- Diversity, Equality and Non-discrimination
- Anti-corruption
- Customer Health and Safety
- Product and Service Responsibility
- Data Privacy Protection
- Green Office
Environmental Achievements
- Reduced greenhouse gas emissions from transportation energy and electricity consumption (Specific figures provided in the report, but not easily quantifiable without further calculation)
- Implemented green office initiatives including paper saving, electricity saving, and waste reduction
Social Achievements
- Zero work-related injuries or deaths for three consecutive years (2018, 2019, and 2020)
- Provided diverse training courses for employees, including online and offline options
- Maintained a fair and diverse workforce with no discrimination
- Actively participated in the fight against COVID-19, providing medical supplies and establishing modular hospitals
- Donated RMB1 million to support community investment programs focusing on poverty alleviation, education assistance, environmental protection, and cultural and sports development
Governance Achievements
- Established a legal risk prevention mechanism and a legal risk accountability system
- Implemented anti-corruption training for directors and employees
- Set up a whistleblowing hotline and email for reporting illegal and rule-breaking incidents
- Conducted regular and special inspections on various aspects of business operations to ensure compliance
Climate Goals & Targets
Environmental Challenges
- Climate change impacts on logistics efficiency and operational bases in coastal areas
- Supply chain disruptions due to the COVID-19 pandemic
Mitigation Strategies
- Formulated logistics guidance for severe weather conditions and established a communication network with the logistics team
- Provided early warnings and reduced employee travel in severe weather
- Closely monitored market price changes and margin ratios to ensure contract performance during the pandemic
- Offered grace periods to customers with good trading records
- Flexibly managed supply chains and communicated with business partners to minimize pandemic impact
Supply Chain Management
Supplier Audits: Yearly risk assessment and control measures implemented
Responsible Procurement
- Supplier evaluation and selection based on product quality, business performance, and compliance with Group policies
- Clear contract provisions to protect the Group's interests
- Regular quality inspections of incoming goods
- Continuous monitoring of supplier performance
- Risk assessment and mitigation measures
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather affecting logistics efficiency
- Severe weather impacting operational bases in coastal areas
Reporting Standards
Frameworks Used: ESG Guide in Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited
Certifications: ISO9001 (Shenzhen Sinoagri)
Third-party Assurance: Not disclosed
Awards & Recognition
- Shortlisted in the “List of the First Batch of Digital Commerce Enterprises with Online and Offline Integration Development”
- Honorary title of “Enterprises with Outstanding Contribution to Market Supply Guarantee in Epidemic Prevention and Control”
- Numerous other awards and recognitions for subsidiaries
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Supply Chain Management
- Employee Well-being
- Anti-corruption
- Community Investment
Environmental Achievements
- Formulated a 7S Management System for resource conservation and waste reduction.
- Implemented measures to reduce electricity and paper consumption in offices.
- Reduced nitrogen oxides, sulfur dioxide, and particulate matter emissions.
- Reduced sewage emissions.
Social Achievements
- Offered industry-competitive remuneration packages and performance-oriented rewards.
- Maintained a fair and diverse workforce, free from discrimination.
- Provided various staff activities to enhance team building and employee well-being.
- Implemented a comprehensive health and safety policy with zero work-related injuries or deaths for 3 consecutive years.
- Provided diverse training courses for employees, including online and offline options.
- Implemented measures to prevent child and forced labor in the supply chain.
Governance Achievements
- Established an inter-departmental risk management committee.
- Set up an independent legal compliance department.
- Implemented a robust anti-corruption system with anti-corruption training for directors and employees.
- Established a whistleblowing policy.
Climate Goals & Targets
- Achieve operational carbon neutrality by 2050.
- Ensure greenhouse gas emissions meet increasingly stringent regulatory requirements by 2030.
- Reduce all emissions, energy use, and resource consumption by 3% before 2026.
Environmental Challenges
- Climate change-related risks, including extreme weather impacting logistics and assets.
- Transition risks related to low-carbon economy policies and regulations.
- Potential supply chain disruptions due to the COVID-19 pandemic.
Mitigation Strategies
- Formulated logistics guidance for severe weather conditions.
- Implemented preventive and contingency measures for extreme weather events.
- Developed a “multi-bank, multi-product” matrix of supply chain services to support SMEs.
- Applied a digital smart supply chain system to avoid COVID-19 lockdown areas.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier evaluation and access mechanisms.
- Requirement for environmental licenses and quality certificates.
- Promotion of environmentally preferable products and services.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather impacting logistics efficiency and assets.
Transition Risks
- Implementing policies for low-carbon operations.
- Changes in supply and demand for goods and services.
- Potential new regulations and policies.
- Increased operating costs from new technologies.
Opportunities
- Development of energy-efficient products and services.
- New technologies to improve operational and energy efficiency.
- Market transition to a low-carbon economy.
Reporting Standards
Frameworks Used: ESG Guide in Appendix 27 to the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong Limited
Certifications: ISO9001 (Shenzhen Sinoagri)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Best New Economy Company
- Forbes Global 2000
- Fortune China Top 500
- National Supply Chain Innovation and Application Demonstration Enterprise
- and many others (see report for full list)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Supply Chain Management
- Employee Well-being
- Anti-corruption
- Community Investment
- Climate Change
Environmental Achievements
- Obtained GB/T 24001-2016/ISO 14001:2015 environmental management system certification.
- Launched green trading service “Zall Zero Carbon”, collaborating with EC Digital.
- Implemented 7S Management System for resource conservation.
- Implemented Energy and Resource Management System and Office Civility Convention to reduce resource consumption.
Social Achievements
- Implemented performance-oriented rewards and internal equity system.
- Organized various staff activities to enhance team building and employee well-being.
- Formulated Management Measures for Recruitment ensuring equal opportunities.
- Established a comprehensive health and safety policy and obtained GB/T 45001-2020/ISO 45001:2018 occupational health and safety management system certification.
- Provided diverse training courses and achieved high employee training participation rates.
- Implemented measures to prevent child and forced labor.
- Established a systematic framework for quality management and obtained GB/T 19001-2016/ISO 9001:2015 quality management system certification.
Governance Achievements
- Established an inter-departmental risk management committee.
- Set up an independent legal compliance department.
- Formulated Anti-Fraud System and Anti-Fraud and Anti-Corruption Policy.
- Organized inter-department anti-corruption training for directors and employees.
- Established a Whistleblowing Policy.
Climate Goals & Targets
- Achieve operational carbon neutrality by 2050.
- Ensure that the Group’s greenhouse gas emissions meet the increasingly stringent regulatory requirements of local governments in or before 2030.
- Reduce all emissions, energy use, and resource consumption by 3% before 2026 compared with figures of 2022.
Environmental Challenges
- Extreme weather incidents affecting logistics efficiency.
- Potential new regulations and policies related to climate change.
- Market transition to a low-carbon economy.
- Supply chain disruptions due to extreme weather.
Mitigation Strategies
- Formulated logistics guidance for severe weather conditions.
- Implemented preventive and contingency measures for severe weather.
- Implemented emission reduction measures to reduce electricity consumption.
- Developed alternative sourcing strategies (implied).
Supply Chain Management
Responsible Procurement
- Supplier evaluation and review system.
- Requirement for suppliers to furnish relevant environmental licenses and quality certificates.
- Green procurement practices.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather incidents affecting logistics efficiency.
- Severe weather conditions affecting operating bases in coastal areas.
Transition Risks
- Implementing policies for low-carbon operations.
- Changes in supply and demand for certain goods.
- Potential new regulations and policies.
- Development and use of emerging technologies increasing operating costs.
Opportunities
- Acquiring skills and capabilities for implementing climate strategies.
- Development of new products and services to help communities reduce carbon emissions.
- New technologies to improve operational and energy efficiency.
- Market transition to a low-carbon economy.
Reporting Standards
Frameworks Used: ESG Guide in Appendix C2 to the Rules Governing the Listing of Securities on the Main Board on The Stock Exchange of Hong Kong Limited
Sustainable Products & Innovation
- Zall Zero Carbon green trading service.
- eCOAL consulting service for carbon rights operations.
Awards & Recognition
- 2023 KiloPeaks Award — Digital Supply Chain
- 2023 China Brand Value Evaluation — Enterprises in Other Service Fields
- National E-Commerce Demonstration Enterprise
- and many others listed in the report