Qingdao AInnovation Technology Group Co., Ltd
Climate Impact & Sustainability Data (2020, 2021)
Reporting Period: 2020
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:533.30 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:533.30 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:775.61 MWh/year
Water Consumption:1335 tons/year
Waste Generated:Not disclosed
Carbon Intensity:0.03 tons of CO2 equivalent per square metre
ESG Focus Areas
- Product Innovation
- Intellectual Property Protection
- Business Ethics and Anti-corruption
- Responsible Marketing
- Employee Rights and Benefits
- Sustainable Supply Chain
- Product Safety and Reliability
- Information Security and Privacy Protection
- Employee Development and Training
- Occupational Health and Safety
- Energy Management
- Water Resource Management
- Emission Management
- Response to Climate Change
- Community Dedication
- Customer Service Guarantee
Environmental Achievements
- Reduced GHG emissions to 533.30 tons of CO2 equivalent in 2021 (mainly Scope 2 emissions from energy consumption)
- Reduced total energy consumption to 775.61 MWh in 2021
- Reduced total water consumption to 1,335 tons in 2021 (data only covers Chongqing, Qingdao and Hefei offices)
Social Achievements
- Achieved 90% employee training participation rate for males and 10% for females
- Provided an average of 7 hours of training for male employees and 2 hours for female employees
- No work-related fatalities in the past three years
- No lost days due to work injuries in 2021
- Donated RMB 600,000 in 2020 for COVID-19 relief efforts
- Donated 11 AI quarantine equipments to hospitals in 2021
Governance Achievements
- Established a 3-level ESG governance structure (Board of Directors, Senior Management, and ESG Working Group)
- Obtained ISO27001 Information Security Management System certification in 2021
- Implemented Anti-fraud Management Policy and Internal Control Policy for Anti-Money Laundering and Counter-Terrorist Financing
- No concluded legal cases regarding corrupt practices in 2021
Climate Goals & Targets
Environmental Challenges
- Potential impacts of extreme weather events on business continuity and employee safety
- Limited data on water consumption due to reliance on property management companies for some offices
Mitigation Strategies
- Proactive notification of employees about extreme weather and provision of safety precautions
- Continuous improvement of environmental performance and implementation of green office initiatives
Supply Chain Management
Supplier Audits: Annual year-end assessment of 475 suppliers
Responsible Procurement
- Supplier Management Implementation Rules
- Supplier Qualification Investigation Registration Form
- Requirements for compliance with laws and regulations related to commercial ethics, including anti-bribery regulations
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (rainstorms, typhoons, snowstorms)
Reporting Standards
Frameworks Used: ESG Reporting Guide (Appendix 27 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited)
Certifications: CMMI Level 3, ISO9001 Quality Management System Certification, ISO27001 Information Security Management System
Third-party Assurance: Not disclosed
Sustainable Products & Innovation
- Intelligent wind power operation and maintenance application
- Intelligent transportation system for molten iron
Awards & Recognition
- Gartner 2021 “Cool Vendor” in AI for Computer Vision
- Gartner 2021 “Example Vendor” for Global Machine Vision
- MIT Technology Review “World’s 50 Smartest Companies” in 2020
- FT Chinese Innovative Enterprise 2020
- CB Insights “World’s 100 Most Promising AI Companies” in 2020
- Fast Company 50 Most Innovative Companies in China 2020
- Potential Employer of China Internet TOP Employers (2019)