Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Risk Prevention and Control
• Business Ethics
• Supply Chain Management
• Technological Innovation
• Reliable Product Quality
• Services
• Information Security
• Compliant Employment
• Vibrant Workplace
• Growth and Development
• Green Operation
• Environmental Awareness
• Climate-Related Information Disclosure
• Waterdrop Public Welfare
• Rural Revitalization
• Emergency Relief
• Targeted Assistance
• Public Welfare Advocacy
• Compliant Steady Operation
• Driver of Digital Innovation
• Diverse and Inclusive Development
• Green and Low-Carbon Development
• Enhancing Public Well-being

Environmental Achievements

• Replacement of traditional lighting with LED energy-saving lighting lamps in all workplaces.
• Promotion of paperless office through various initiatives.
• Prioritization of self-owned workplaces for meetings and training to reduce resource consumption.
• Maximization of office facility use and prioritization of second-hand equipment purchases.

Social Achievements

• Assisted over 3.1 million patients through Waterdrop Medical Crowdfunding, raising approximately RMB 62.6 billion.
• Launched "Charitable Plan of a Thousand Waterdrop Rural Clinics in a Hundred Counties", building 139 rural clinics benefiting over 500,000 person-times.
• Waterdrop Insurance Marketplace offered 1,357 types of insurance products.
• Launched "Bangbang" claims assistance service with over 97% one-off pass rate for claim materials and 99% coverage rate of claims interpretation.
• E-Find helped enroll 3,300 patients in clinical trials.

Governance Achievements

• Established a three-tier ESG governance structure.
• Developed and published Waterdrop Inc. Management Measures on Environmental, Social and Governance Work.
• Achieved 100% employee coverage of anti-corruption training.
• Achieved 100% signing rate of suppliers' anti-commercial bribery commitment letters.
• Board of Directors consists of 9 directors, with 33.33% independent and approximately 30.77% female.

Climate Goals & Targets

Environmental Challenges

• Extreme weather events impacting daily business activities and data centers.
• Increased compliance requirements related to climate change disclosure.
• Potential reduction in affordability of insurance products due to higher premiums.

Mitigation Strategies

• Establishment of standardized emergency management plans and insurance for physical assets.
• Monitoring weather conditions and providing risk warnings.
• Regular safety training and drills for employees.
• Capacity building for employees on climate change risks.
• Exploration of incorporating extreme climate disasters into product design.
• Closely following updates of domestic and international policies on climate disclosure.

Supply Chain Management

Supplier Audits: 11 suppliers audited in 2023

Responsible Procurement

• Anti-commercial bribery commitment letters
• Information confidentiality commitment letters
• Prioritization of environmentally friendly materials
• Strict enforcement of healthy and environmentally friendly purchasing

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather disasters (typhoons, floods) impacting business activities and data centers.

Transition Risks

• Increased compliance requirements related to climate change disclosure.

Opportunities

• Increased demand for insurance products related to chronic diseases due to climate change.

Reporting Standards

Frameworks Used: GRI Standards 2021, UNGC Ten Principles, UN SDGs, SASB Software & IT Services Standard, ISSB SASB Standards

Certifications: ISO 27001, ISO 45001

Third-party Assurance: SGS-CSTC Standards Technical Services Co. Ltd.

Awards & Recognition

• Numerous awards listed in the report, including those from Institutional Investor, China Philanthropy Times, Forbes China, etc.