Bairong Inc.
Climate Impact & Sustainability Data (2017-12-31 to 2020-09-30)
Reporting Period: 2017-12-31 to 2020-09-30
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Impact of COVID-19 on business and the financial services industry.
- Changing regulations on retail credit facilitation companies.
- Evolving regulatory environment towards data privacy and protection.
- Competition in the big data analytics market.
Mitigation Strategies
- Remote working arrangements, suspension of offline customer acquisition, cancellation of non-essential business travels.
- Broadening FSP client base and diversifying product and service offerings.
- Implementing comprehensive internal policies on protecting data security.
- Continuing to invest in technologies, collaborate with universities, and broaden the database.