Baozun Releases 2023 Sustainability Report
Key ESG achievements in 2023:
- We expanded our carbon neutrality efforts by establishing the
Tuopu Carbon Neutral Park . Guided by the "3R (Reduction, Replacement, Removal)" carbon reduction concept, both of our carbon-neutral parks have earned PAS 2060 carbon neutrality certification. - We reduced Scope 1 and Scope 2 GHG emissions by 28% from 2021 and led 40% of core suppliers to undertake carbon reduction projects.
- We advanced environmental targets, including energy and water efficiency, packaging reduction, and waste reduction, building on our existing carbon neutrality goals.
- We provided extensive social benefits and career development opportunities for our employees. In 2023, our
Baozun Capacity Development Center doubled its training outreach, conducting 122 combined online and in-person sessions, engaging 38,242 participants. - We broadened our university partnerships by signing agreements with
Shandong Vocational andTechnical University ofInternational Studies and Jiangxi University of Technology. These collaborations, in addition to the establishment of theBaozun-Nantong Open University E-Commerce Industry College in 2021, aim to nurture talent in the e-commerce sector and provide students with high-quality vocational education and promising career opportunities. - We launched the 2.0 version of our big data product, BBI, ensuring precise, real-time, and refined data analysis. By
December 31, 2023 , we had applied for 75 patents and copyrights for 321 software programs. - We achieved ISO 27001 Information Security Management Systems and ISO 27701 Privacy Information Management System Certification, signifying compliance with international privacy standards. Additionally, we expanded cybersecurity coverage, with 6 major systems and 15 subsystems passing certification audits by national assessment agencies.
- We established a comprehensive ESG management system, with our Sustainability Committee playing a key role in formulating and implementing ESG initiatives, ensuring effective risk management and internal control systems.
For the full
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About Baozun Inc.
Founded in 2007, Baozun Inc. is a leader in brand e-commerce service, brand management, and digital commerce service. It serves more than 450 brands from various industries and sectors around the world, including East and Southeast Asia, Europe and North America.
Baozun Inc. comprises three major business lines -- Baozun e-Commerce (BEC), Baozun Brand Management (BBM) and Baozun International (BZI) and is committed to accelerating high-quality and sustainable growth. Driven by the principle that "Technology Empowers the Future Success",
For more information, please visit http://ir.baozun.com.
For investor and media inquiries, please contact:
Ms. Wendy Sun
Email: ir@baozun.com
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