Meitu, Inc. 美圖公司
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:1,197.63 tonnes of CO2e/year
Scope 1 Emissions:58.47 tonnes of CO2e/year
Scope 2 Emissions:1,139.16 tonnes of CO2e/year
Total Energy Consumption:2,010.67 MWh/year
Water Consumption:9,229.14 m3/year
Waste Generated:35.60 tonnes/year (non-hazardous)
ESG Focus Areas
- Product development
- Employee benefits
- Intellectual property rights management
- Product and service compliance
- Anti-fraud and corruption
- Product quality
- User data and system security
- Internet information security
Environmental Achievements
- Reduced electricity consumption by implementing emission reduction and energy saving measures (specific figures provided in the report)
- Replaced petrol-fuelled company vehicles with electric ones to improve roadside air quality
Social Achievements
- Launched various employee wellbeing initiatives including staff activities, flexible working hours, and birthday benefits
- Established a clear career path system and conducted semi-annual performance appraisals
- Implemented measures to protect underaged users on Meipai platform
- Developed customer service and complaint management system to standardize feedback handling
- Launched Meipai Supervisors Programme to encourage users to report content violations
Governance Achievements
- Established internal policies including Employees Handbook, Policy on Staff Discipline, Policy on Sending and Accepting Gifts by Employees, and Anti-Fraud and Reporting System to combat corruption
- Joined the “Sunshine Integrity Alliance” to combat corruption and information security crimes
Climate Goals & Targets
Environmental Challenges
- Maintaining a sustainable business model amidst macroeconomic uncertainty and intensified competition
- Negative impact on advertising business due to COVID-19 outbreak
- Compliance with PRC laws and regulations regarding foreign investment restrictions
Mitigation Strategies
- Vigilant cost management and testing of different business models
- Close monitoring of the regulatory environment and developments in PRC laws and regulations
- Implementation of Contractual Arrangements and VIE Agreements to comply with PRC laws
- Gradually building up track record of overseas telecommunications business operations
Supply Chain Management
Supplier Audits: Regularly review suppliers to ensure ethical objectives are met
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities (HKEX)
Sustainable Products & Innovation
- MeituEve (AI skin analyzer)
- MeituKey (home skin analyzer)
- MeituSpa (AI cleansing brush)
Awards & Recognition
- Best Customized IP Mobile Phone In 2018
- 2018 App Store Annual Popularity Award
- Outstanding Organization Award
- Short Video Role Model Award
- Best Feature Award
- 360 Mobile Assistant 2018 “Brightness” App Annual List
- Council member of the fifth council of Xiamen High-tech Development Association
- 2018-2019 Xiamen Innovative Growth Cultural Enterprise
- 2018 Siming District Headquarters Enterprise
- Executive Vice Chairman of Xiamen Software Industry Association
- Ranked the 59th in 2019 China Top 100 Internet Company
- Top 100 Enterprises in Xiamen 2019
- Top 20 Internet companies in Fujian Province in 2019
- China’s Top 100 Digital Services and Service Outsourcing Companies in 2019
- Excellent Communication Award of the 8th Xiamen Cyber Culture Festival
- The 9th China Public Company Word of Mouth List
- 2019 Top Ten Fujian Cultural Enterprise Nomination Award
- CNMO 2019 Annual Selection of AI Skin Testing Innovation Award
- 2019 Fujian Innovative Extraordinary Employers
- 50 Best Public Welfare Lists in the Internet for 50 Years
- App Trend of 2019 – WIDE APP Store Favorite Video Tools for Content Creators of the Year