Climate Change Data

Yiren Digital Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:114.52 tCO2e/year
Total Energy Consumption:204.60 MWh/year
Water Consumption:1,066.68 m3/year
Waste Generated:14.95 tons/year

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Proportion of electrical equipment with energy-saving labels in Beijing workplaces exceeded 90% by the end of 2023.
  • Facilitated RMB 660,000 in credit to 27 new energy business owners.
  • Facilitated RMB 12.55 million in credit to 483 environmental monitoring business owners.
  • Facilitated environmental pollution liability insurance brokerage services for 7 enterprises with accumulated premium of RMB 181,900.

Social Achievements

  • Provided accident insurance protection and services to 100,000 flexible workers in Wuhan.
  • Actively participated in the "Promoting Educational Equity Program for Rural Children", benefiting 15,884 children.
  • Donated RMB 50,000 and 670 cases of mineral water for flood relief efforts.
  • Employee training rate of 100%, with 39 hours of training per capita.
  • Established cooperation with 49 service organizations for the mentally challenged, assisting over 2,800 parents.

Governance Achievements

  • Established an ESG Committee.
  • Obtained ISO 9001 Quality Management System Certification.
  • Conducted business ethics training for all board members.
  • Implemented Incentive Compensation Recoupment Policy.
  • Incorporated ESG indicators into remuneration evaluation system for directors and executives.
  • Established a three-tier business ethics governance system.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality of operations by 2060
Medium-term Goals:
  • Achieve carbon peaking by 2030
Short-term Goals:
  • Reduce average PUE of leased data centers to 1.3 by 2024.

Environmental Challenges

  • Extreme weather events causing damage to facilities and impacting employee commute.
  • Stricter climate change regulations and disclosure requirements.
  • Changes in customer demand due to climate change.
Mitigation Strategies
  • Careful consideration of data center location and disaster preparedness.
  • Monitoring and analysis of climate change policies and promotion of green operations.
  • Building and improving green finance management system and training green finance talents.

Supply Chain Management

Supplier Audits: Annual evaluations of suppliers with large purchase amounts and expiring contracts.

Responsible Procurement
  • External Supplier Access Criteria
  • External Supplier Management and Evaluation Rules
  • Qualified supplier database and list
  • Integrity agreements with suppliers
  • Requirements for information security, privacy protection, intellectual property protection, compliance, risk control, and environmental protection.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather (flooding) causing damage to facilities and impacting employee commute.
Transition Risks
  • Stricter climate change regulations and disclosure requirements; changes in customer demand.
Opportunities
  • Development of green financial products; exploration of new data management models for climate risk assessment; provision of low-carbon product solutions.

Reporting Standards

Frameworks Used: GRI Standards, UN SDGs

Certifications: ISO 9001, ISO 27001, National Level 3 Classified Protection Certification

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 10 (Reduced Inequalities)
  • Goal 13 (Climate Action)

Initiatives contribute to these goals through green finance, inclusive finance, technological innovation, employee development, and community investment.

Sustainable Products & Innovation

  • Green and organic agricultural products and other green products sold on Yiyouxuan platform.

Awards & Recognition

  • Influential Brand Award
  • Excellence Award
  • Digital Inclusive Finance Innovative Service Brand
  • China's Top 50 Retail Financiers
  • Top 20 Credit Tech of the Year
  • Top 300 Most Popular Listed Companies
  • Outstanding Solution award
  • 2023 Outstanding Contribution Enterprise for Inclusive Finance
  • Annual Inclusive Finance Awards
  • Annual Excellence Award for Digital Inclusive Finance
  • Top 100 Annual Growth Public Companies of 2023
  • 2023 Outstanding Digital Technological Innovation Institution
  • 2023 Outstanding Consumer Finance Service Platform