Climate Change Data

Beijing Fourth Paradigm Technology Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:527.21 tCO2e/year (Scope 2)
Scope 1 Emissions:N/A
Scope 2 Emissions:527.21 tCO2e/year
Total Energy Consumption:924,447.16 KWh/year
Water Consumption:2,623 tons/year
Waste Generated:114.68 kg hazardous waste/year; 26.20 kg non-hazardous waste/year
Carbon Intensity:0.0013 tCO2e/RMB’0000

ESG Focus Areas

  • Empower enterprises' digital transformation
  • Product R&D and technological innovation
  • Intellectual property rights protection
  • Product reliability and safety
  • Protection of Employee Rights and Interests
  • High-quality customer service
  • Information security and privacy protection
  • Compliant operation and risk management
  • Promote industry development
  • Employee development and training
  • Supply chain development
  • Business ethics and anti-corruption
  • Occupational health and safety
  • Rational use of resources
  • Addressing climate change
  • Pollutants and waste control
  • Community public welfare and charity

Environmental Achievements

  • Achieved 100% appropriate disposal of waste and in compliance with relevant laws and regulations.
  • Passed the certification of ISO14001 Environmental Management System.

Social Achievements

  • Provided annual physical examination, psychological consultation and massage services to employees.
  • Organized 26 training sessions for 85 employees.
  • Employee satisfaction rate of 93%.

Governance Achievements

  • Established a complete corporate governance structure in strict compliance with the Company Law of the People's Republic of China and relevant rules of the Hong Kong Stock Exchange.
  • Built internal control and audit departments for internal audit and control of the Company.
  • No data breach occurred, and no legal proceeding related to information security was filed.

Climate Goals & Targets

Medium-term Goals:
  • Reduce greenhouse gas emission intensity by 5% as of 2028.
Short-term Goals:
  • Reduce electricity consumption over the next five years.

Environmental Challenges

  • Efficient and accurate management decision-making in manufacturing.
  • Ineffective business collaboration and communication in manufacturing.
  • Data acquisition and information island in manufacturing.
Mitigation Strategies
  • Created manufacturing operations management (MOM) solutions for Faw Jiefang.
  • Linked business collaboration of the whole manufacturing process.
  • Realized lean management, flexible manufacturing, process visualization and intelligent decision-making.

Supply Chain Management

Supplier Audits: 40 suppliers evaluated in 2023

Responsible Procurement
  • Supplier Management Measures, Procurement Management Measures and Implementation Rules of Tender Management Measures
  • Letter of Undertaking on Supplier Compliance
  • Green procurement practices (prioritizing data center suppliers with climate advantages).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Hong Kong Stock Exchange’s Environmental, Social and Governance Reporting Guide, SDG Compass

Certifications: ISO 9001, ISO 20000, ISO 27001, ISO 45001, ISO 14001

Awards & Recognition

  • IDC MarketScape Worldwide Machine Learning Operations Platforms Vendor Assessment (No.1 in China)
  • World championship of CVPR Challenge
  • VLDB 2023 award for Best Industry Paper
  • IDC's Market Share of AI Software in 2022 in China (No.1)
  • IDC's Market Share of AI Decision-Making Solutions in China (No.1)