Baozun Releases 2021 Sustainability Report
May 17 2022 - 7:00AM
Baozun Inc. (NASDAQ: BZUN and HKEX: 9991) (“Baozun” or the
“Company”), the leading brand e-commerce service partner that helps
brands execute their e-commerce strategies in China, today
announced the release of its 2021 annual sustainability report (the
“Sustainability Report”), which highlights the Company’s efforts
and accomplishments in environmental sustainability, social
responsibility and corporate governance.
Mr. Vincent Qiu, the Chairman and Chief
Executive Officer of Baozun, commented, “As the leading brand
e-commerce service provider, Baozun is committed to operating
responsibly, accountably, and sustainably. This commitment, as
highlighted in the Sustainability Report, is demonstrated through
our focus on advancing key priorities including environmental
protection, sustainable procurement, employee care, ethics and
community involvement. I am proud of the Baozun family and our
ongoing commitment to advance sustainable practices.”
"Today, we reached another milestone on our
progressive environmental, social and governance (“ESG”) journey,
and we are excited about establishing long-term environmental
goals, targeting a 50% reduction in carbon emission by 2030
compared to a 2021 baseline, and achieving carbon neutrality by
2050. With our ESG goals and business strategies aligned, I am
confident that we will accelerate progress in seeking to promote
innovation, advance sustainability of both our brand partners and
ourselves, and create value for all stakeholders."
Key ESG achievements in 2021 include:
-
Received a rating of “A” (on a scale of AAA-CCC) in the MSCI ESG
Ratings in September 2021, highlighted by a Privacy & Data
Security segment score that is ranked in the global top 10%;
-
Integrated sustainable development concept into daily operations;
set up a Sustainability Committee under the Board of Directors and
established a comprehensive top-down governance
structure;
-
Continued to promote a culture of ownership, initiative, integrity,
collaboration and innovation to maintain and enhance strong
corporate governance structure and ethical business conduct;
- In
2021, overall employee satisfactory rate reached 88.5%,
demonstrating a consecutive rise in the past five years;
-
Reinforced information securities and data privacy protection;
carried out training sessions related to cybersecurity, information
security and personal privacy protection for 9,286 person-times for
full-time employees;
-
Promoted green procurement in brand e-commerce value chain to
increase operational efficiency and reduce carbon footprint;
-
Adopted the Task Force on Climate-related Financial Disclosures
(TCFD) recommendations to identify risks and opportunities related
to climate change; and
-
Strategically setting carbon neutrality goals of achieving carbon
emission (Scope I, II and III) reduction of 50% by 2030, compared
to a 2021 baseline, and carbon neutrality (Scope I, II and III) by
2050.
For the full Baozun 2021 annual sustainability
report, please visit: https://ir.baozun.com/sustainability-esg.
Safe Harbor Statements
This press release contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as “will,” “expects,” “anticipates,”
“future,” “intends,” “plans,” “believes,” “estimates,” “potential,”
“continue,” “ongoing,” “targets,” “guidance,” “going forward,”
“outlook” and similar statements. Statements that are not
historical facts, including quotes from management in this
announcement and statements about the Company’s strategies and
goals, are or contain forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: the Company’s operations and business
prospects; the Company’s business and operating strategies and its
ability to implement such strategies; the Company’s ability to
develop and manage its operations and business; competition for,
among other things, capital, technology and skilled personnel; the
Company’s ability to control costs; the Company’s dividend policy;
changes to regulatory and operating conditions in the industry and
geographical markets in which the Company operates; and other risks
and uncertainties. Further information regarding these and other
risks, uncertainties or factors is included in the Company’s
filings with the U.S. Securities and Exchange
Commission and the Company’s announcements, notice or other
documents published on the website of The Stock Exchange of
Hong Kong Limited. All information provided in this press release
is as of the date of this press release and is based on assumptions
that the Company believes to be reasonable as of this date, and the
Company does not undertake any obligation to update any
forward-looking statement, except as required under the applicable
law.
About Baozun Inc.
Baozun Inc. is the leader and a pioneer in
the brand e-commerce service industry
in China. Baozun empowers a broad and diverse range
of brands to grow and succeed by leveraging its end-to-end
e-commerce service capabilities, omni-channel coverage and
technology-driven solutions. Its integrated one-stop solutions
address all core aspects of the e-commerce operations covering IT
solutions, online store operations, digital marketing, customer
services, and warehousing and fulfillment.
For more information, please
visit https://ir.baozun.com
For investor and media inquiries, please
contact:
Baozun Inc.Ms. Wendy
SunEmail: ir@baozun.com
Baozun Inc.
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