Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Adhered to green, low-carbon office concept and encouraged employees to participate in resource conservation.

Social Achievements

• Implemented real name system and anti-addiction system to protect minors.
• Launched the “Online Game Parental Protection of Minors Project”.
• Participated in the “2019 Game Responsibility Forum” and jointly launched the “Age Reminding in Games Initiative”.

Governance Achievements

• Established four Board committees (Audit, Remuneration and Appraisal, Nomination, and Strategy) to oversee specific aspects of the company’s affairs.

Climate Goals & Targets

Environmental Challenges

• Minimum direct discharge of pollutants or hazardous waste to the environment.
• Potential conflicts of interest with Registered Shareholders of Shenzhen iDreamSky.
• Risks related to Contractual Arrangements with Shenzhen iDreamSky and its Registered Shareholders.

Mitigation Strategies

• Adhered to green, low-carbon office concept and encouraged employees to participate in resource conservation.
• Implemented measures to ensure the effective operation of the Group with the implementation of the Contractual Arrangements and compliance with the Contractual Arrangements.
• Regularly reviewed the overall performance of and compliance with the Contractual Arrangements.

Supply Chain Management

Supplier Audits: Annual review on suppliers with at least 3 times of annual delivery cooperation each year

Responsible Procurement

• Formulated and promulgated the “Procurement Management System”

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Social Responsibilities

Social Achievements

• Donated medical aid funds and mobilized efforts to purchase and transport materials to frontline medical workers during the COVID-19 pandemic.
• Jointly produced a public benefit poetry MV "In This Winter" to pay tribute to anti-epidemic fighters.

Governance Achievements

• Won the "Best New Economy Company" award at the 4th Annual Golden Hong Kong Stock Award Ceremony.
• Included in the Morgan Stanley Capital International (MSCI) China All Shares Small Cap Index.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacted people’s normal life and work, affecting offline store operations.
• Decrease in revenue generated from a game with relatively high profit margin.
• Increase in marketing expenses and R&D costs.

Mitigation Strategies

• Adjusted offline store opening hours and expansion rhythm.
• Optimized offline store business model and carried out digital transformation and upgrade.
• Continued to optimize store construction process and business deployment, updated the store business model from 1.0 to 2.0.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Best New Economy Company