Climate Change Data

Zibuyu Group Limited

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:944.5 tons of CO2e
Scope 1 Emissions:3.5 tons of CO2e
Scope 2 Emissions:941.0 tons of CO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:1,662,049.5 kWh
Water Consumption:27,096.6 cubic meters
Waste Generated:341 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Product quality and safety
  • Supply chain sustainability management
  • Customer privacy and data security
  • Employee training and development
  • Anti-corruption and integrity building

Environmental Achievements

  • Not disclosed

Social Achievements

  • Organized a Christmas event for employees
  • Conducted integrity event titled “With Respect for Law and Integrity With Me (以敬畏法紀、廉正有我)”

Governance Achievements

  • Established a dedicated ESG working group
  • Adopted the board diversity policy in October 2022
  • Established the Audit Committee, the Remuneration Committee and the Nomination Committee

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reach approximately 50% LED lighting system installation in warehouses and offices within five years
  • Reach approximately 20% of OEM suppliers using eco-friendly packaging materials within five years
  • Reach approximately 80% of products sold packaged in recyclable materials within five years
Short-term Goals:
  • Reduce electricity consumption per revenue by 5% by 2023 compared to 2022
  • Reduce water consumption per revenue by 5% by 2023 compared to 2022

Environmental Challenges

  • Global economic slowdown and inflationary pressures impacting sales
  • Substantial inventory clearance increasing provision for write-down of inventories
  • Increase in employee expenses due to talent expansion
  • Risks related to logistics services provided by third parties
  • Competition in the cross-border e-commerce industry
  • Changes in international trade policies
  • Risks associated with foreign exchange rate fluctuations
Mitigation Strategies
  • Refined brand globalization strategy
  • Expanded talent base, particularly international talent
  • Restructured supply chain, optimized processes, and utilized intelligent algorithm systems
  • Optimized inventory structure and accelerated inventory turnover
  • Increased investment in digital research and development
  • Increased investment in branding
  • Developed multiple brands with annual sales income exceeding RMB100 million
  • Monitors and maintains appropriate cash and cash equivalents to finance operations and mitigate cash flow fluctuations
  • Monitors foreign exchange exposure and will consider hedging significant foreign currency exposure

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier selection, audit, registration, maintenance, modification, evaluation, and elimination; assessment of suppliers’ commitment to environmental protection; prioritization of suppliers offering eco-friendly products

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather affecting electricity supply and operations; supply chain disruptions; impact on shipping
Transition Risks
  • Increased compliance costs
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Appendix C2 “Environmental, Social and Governance Reporting Guide” to the Listing Rules

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Products made from recycled materials; products suitable for recycling; more durable products

Awards & Recognition

  • Not disclosed