DDC Enterprise Limited
Climate Impact & Sustainability Data (2021-12-31 to 2022-12-31)
Reporting Period: 2021-12-31 to 2022-12-31
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- International sales to account for around 50% of total revenue in 2025
Medium-term Goals:
- International sales to account for 20-30% of total revenue in 2024
Short-term Goals:
- Not disclosed
Environmental Challenges
- Negative impact from extended zero-covid policy in China which led to massive disruptions in the company’s e-commerce operations.
- Recurring losses from operations and an accumulated deficit.
Mitigation Strategies
- Completed four acquisitions in 2022 to speed up the diversification of revenue streams as well as aggressive improvement on overall cost structure.
- Focus on improving the overall cost structure of the business when facing Covid and inflation challenges.
- Termination of contractual arrangements with Weishi and City Modern VIEs in April 2022 and Mengwei VIE in August 2023 to reduce overall net losses and free up capital.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Plant-based meal products
Awards & Recognition
- Not disclosed