Climate Change Data

Mobvista Inc.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:177.3 tCO2e/year (Scope 1 and 2); 58,788.7 tCO2e/year (Scope 3)
Scope 1 Emissions:1.6 tCO2e/year
Scope 2 Emissions:175.7 tCO2e/year
Scope 3 Emissions:58,788.7 tCO2e/year
Total Energy Consumption:287,937.0 kWh/year
Water Consumption:5,245 tons/year
Waste Generated:58.9 tons/year (non-hazardous); 1,413 units/year (hazardous)

ESG Focus Areas

  • Corporate Governance
  • Talent Development
  • Green Operations
  • Social Responsibility

Environmental Achievements

  • Power consumption decreased by 9.6% compared to the previous year
  • Improved transparency and strengthened disclosure of Scope 3 carbon emissions data
  • Participate in the $1 million Green Deposit Program

Social Achievements

  • No employee accidents occurred during the reporting period
  • Ranked as one of the most popular employers among Generation Z on LaGou Recruitment
  • Ranked as one of the TOP 30 most promising young employer brands on Ciwei
  • Recruited over 300 interns and graduates through campus recruitment
  • Female employees account for 44.6% of the workforce
  • Added nursing rooms for mothers and AED equipment in the office
  • Promoted paperless financial processes
  • Awarded as one of the TOP 50 innovative organizations in the field of human resources in China in 2022 by the MOKA

Governance Achievements

  • Established an internal audit and supervision department to strengthen internal audit management.
  • Investigated and processed a total of 4 cases of internal fraud in 2022, recovering losses for the Group
  • Developed the “Anti-Fraud Management System,” “Proactive Handover system for Gifts and Money,” and “Red-line Behavior Accountability System” to strengthen anti-corruption management
  • Established the “Code of Business Conduct and Ethics,” “Supplier Code of Conduct,” “Business Partner Code of Conduct,” and “Human Rights Policy” to regulate the Group’s business ethics requirements and actively promote them in the value chain
  • No complaints received regarding information security and privacy protection
  • Service response rate for complaints was 100%

Climate Goals & Targets

Environmental Challenges

  • Increase in resource consumption and carbon emission due to the resumption of business and daily operational activities after COVID-19 pandemic.
  • Increasing attention from external stakeholders on climate change risks and impacts.
Mitigation Strategies
  • Adjusted ESG-related environmental goals, such as adjusting from using total volume as a reference indicator to using density as a reference indicator.
  • Strengthened the quality of greenhouse gas emissions disclosure and voluntarily disclosed the greenhouse gas emissions generated indirectly by purchasing public cloud resources and employee travel flights.
  • Developed an in-house cloud resource optimization solution called SpotMax, which fully utilizes spot instances to reduce cloud usage costs

Supply Chain Management

Supplier Audits: Regular inspections by the procurement department and employee satisfaction surveys

Responsible Procurement
  • Developed and requested all suppliers to comply with the “Code of Conduct for Suppliers”

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme Weather
  • Climate Pattern Changes
Transition Risks
  • Policy and Legal Risks
  • Market Risk
  • Reputation Risk
  • Technology Risk

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide, TCFD Climate Disclosure Recommendations, SDGs

Certifications: ISO/IEC 27001, ISO/IEC 27701, SOC2 Type2 & SOC3, KidSAFE Seal Program, COPPA Certification, TrustArc Privacy and Security Certification

Awards & Recognition

  • The Asset’s ESG Titanium Award

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:207.1 tCO2e (Scope 1 & 2)
Scope 1 Emissions:0.8 tCO2e
Scope 2 Emissions:206.3 tCO2e
Scope 3 Emissions:14,583.5 tCO2e
Total Energy Consumption:338,113.0 kWh
Water Consumption:7,818.0 tons
Waste Generated:49.5 tons (non-hazardous)

ESG Focus Areas

  • Corporate Governance
  • Talent Development
  • Green Operations
  • Social Responsibility

Environmental Achievements

  • Reduced non-hazardous waste generation by 16.0% compared to 2022.
  • Decreased electricity consumption per US$ million of revenue by 23.9% compared to 2021.
  • Decreased greenhouse gas emissions per unit of revenue (Scope 1 and Scope 2) by 23.7% compared to 2021.

Social Achievements

  • 93.3% customer retention rate for customers with revenue exceeding $100,000.
  • 100% processing rate of 9 service-related complaints.
  • Participation in the Village-Enterprise Pairing Program, donating RMB10,000.

Governance Achievements

  • Established a three-level ESG governance structure.
  • Implemented a robust risk management system based on ISO 31000.
  • Obtained 9 qualifications certifications related to data security and privacy protection.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality (implied).
Medium-term Goals:
  • Maintain or reduce per capita water consumption or water consumption per unit of revenue.
Short-term Goals:
  • Maintain or reduce per capita electricity consumption or electricity consumption per unit of revenue.

Environmental Challenges

  • Potential impacts of climate change on operations, although currently minimal.
  • Rising cloud usage costs due to green initiatives by cloud service providers.
Mitigation Strategies
  • Developed climate risk management measures and response strategies.
  • Developed SpotMax cloud resource optimization solution to reduce cloud usage costs.

Supply Chain Management

Supplier Audits: Regular inspections, satisfaction surveys

Responsible Procurement
  • Supplier Code of Conduct
  • Mobvista Group Procurement System Norms

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Climate pattern changes
Transition Risks
  • Policy and legal risks
  • Market risks
  • Reputation risks
  • Technology risks

Reporting Standards

Frameworks Used: HKEX ESG Reporting Guide, TCFD Climate Disclosure Recommendations, SDGs

Certifications: ISO/IEC 27001, ISO/IEC 27701, kidSAFE+COPPA

Awards & Recognition

  • S&P Global Corporate Sustainability Assessment (top decile)
  • Hang Seng Corporate Sustainability Index (BBB+)