Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental sustainability
• Social responsibility
• Corporate governance
• ESG management
• Comprehensive risk management
• Information security & privacy protection
• Responsible operations
• Access to finance
• Employee care and training & development mechanism
• Contribution to industry development

Social Achievements

• Employee care and training & development mechanism

Governance Achievements

• ESG management
• Comprehensive risk management
• Information security & privacy protection
• Responsible operations

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, MSCI ESG Rating Methodology

Environmental Metrics

ESG Focus Areas

• Environmental sustainability
• Social responsibility
• Corporate governance
• Information security & privacy protection
• Responsible operations
• Access to finance
• Employee care and training & development
• Contribution to industry development

Social Achievements

• Increased focus on employee health and corporate social responsibility

Governance Achievements

• Strengthened privacy protection
• Increased focus on information security

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, MSCI ESG Rating Methodology

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Inclusive Finance
• Green and Resilient Operation
• Corporate Citizenship
• Risk Management
• Data Security
• Employee Wellbeing
• Human Rights
• Supply Chain Management
• Climate Change

Environmental Achievements

• Greenhouse gas emissions intensity reduced by 45% against 2020
• Energy consumption intensity reduced by 9% year-on-year
• Intensity of water consumption reduced by 18% against 2020
• Intensity of paper consumption reduced by 55% against 2020
• PUE of GDS data center was less than 1.4 in 2021, outperforming the global average of 1.57

Social Achievements

• Served approximately 826,000 small business owners in China
• Total loan origination amount of small business loan products reached RMB 27.0 billion
• Optimized performance management system
• Provided additional financial support to employees for medical care
• Offered a wide array of networking events to staff
• Updated emergency plans and offered health education and consultation programs to ensure employees' physical safety and mental health
• Raised more than RMB 11 million in cash or kind and contributed over 599 employee volunteer hours to public welfare initiatives

Governance Achievements

• Established a rigorous risk-based compliance system
• Established a top-down integrity governance framework to oversee business ethics and integrity
• Leveraged financial technology innovations to maintain systematic and efficient risk management
• Upgraded ESG governance framework by establishing the ESG Committee and ESG Working Group
• Revised and released Risk Management Regulations (version 4.0)

Climate Goals & Targets

Environmental Challenges

• Sporadic outbreaks of COVID-19
• Developments in inclusive finance, digitalization, rural revitalization, decarbonization, and networked security
• Intertwined and complex risks and opportunities
• Cybercrime and telecom fraud
• Maintaining high standards of service while managing a large volume of customer inquiries and complaints

Mitigation Strategies

• Established a comprehensive anti-fraud initiative
• Strengthened technological countermeasures against telecommunications fraud
• Developed a systematic operational risk control mechanism
• Deployed an AI-powered, self-service system for customer support
• Adopted a multi-channel approach for customer communication
• Implemented a systematic loan collection process
• Developed a 5-layer information security framework
• Implemented pandemic prevention measures, including a health information reporting platform, a 24/7 psychological counseling hotline, and work-from-home arrangements

Supply Chain Management

Supplier Audits: 21/year

Responsible Procurement

• Procurement Management Policy
• Supplier life-cycle management procedures
• Approved supplier list
• Supplier certifications review
• Supplier rating based on evaluation results
• Annual reviews and ad-hoc onsite evaluations

Climate-Related Risks & Opportunities

Physical Risks

• Flood
• Typhoon
• Rising Mean Temperatures
• Rising Sea Levels

Transition Risks

• Policy and Legal
• Technology
• Market
• Reputation

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI Standards

UN Sustainable Development Goals

• SDG 1
• SDG 3
• SDG 4
• SDG 5
• SDG 8
• SDG 9
• SDG 10
• SDG 11
• SDG 12
• SDG 13
• SDG 16
• SDG 17

The report details how FinVolution's initiatives contribute to these goals throughout the document.

Awards & Recognition

• Rated Low Risk by Morningstar Sustainalytics
• The Time Weekly: The Fifth Golden Tangerine Award of The Time Weekly-Technological Empowerment Financial Institution Award
• Information Times: Best Social Responsibility Companies of the Year
• The “Outstanding Economic Contribution Award of Pudong New Area” for four consecutive years
• Phoenix WEMONEY: Outstanding Fintech Institution
• China Times: Jin Chan Award - Outstanding Investor Relations of the Year Award
• CAIXIN: 2021 New Insights- Best Financial Services Pioneer of the Year Award
• Shanghai Economy and Information Technology Commission: the 4th Shanghai Artificial Intelligence Conference “AI + Retail Digital Transformation Most Innovative Technology Award” and the 4th Shanghai Artificial Intelligence Conference “AI + Fintech Best Practice Award
• 01 CAIJING: 2nd place in the Top 30 Digital Small and Micro Financial Service Institutions of 2021
• The “Top 10 Data Security and Governance Benchmarking Enterprises” at the 1st China Credit Economy Development Summit and the 3rd Annual Conference on Digital Credit and Risk Control in 2021
• Beijing Top 10 Financial Brands Appraisal
• the Best Social Responsibility Financial Company

Environmental Metrics

ESG Focus Areas

• ESG strategy and management
• Comprehensive risk management
• Information security & privacy protection
• Customer protection & responsible operations
• Inclusive finance
• Employee care and training & development mechanisms
• Contribution to industry development

Social Achievements

• Inclusive finance initiatives

Governance Achievements

• Obtained ISO 14064 verification from SGS
• Achieved United Nations Sustainable Development Goals
• Publicly endorsed and advocated for the Ten Principles of the United Nations Global Compact
• Received a "low risk" ESG rating from Sustainalytics for the second consecutive year

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, MSCI ESG Rating Methodology, UN Global Compact

Certifications: ISO 14064

Third-party Assurance: SGS

Environmental Metrics

ESG Focus Areas

• ESG management
• Comprehensive risk management
• Information security & privacy protection
• Responsible and sustainable operations
• Access to finance
• Employee care and training & development mechanisms
• Contribution to industry development
• Technology
• Green principles
• Kindness
• Integrity and compliance
• Low-carbon development
• Harmonious relationships with employees, partners, and communities

Social Achievements

• Employee care and training & development mechanisms

Governance Achievements

• Emphasis on integrity and compliance

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, MSCI ESG Rating Methodology