- Baozun (BZUN, Financial) reports a 35.5% decrease in greenhouse gas emissions for 2024.
- The company achieves ISO 14064 certification for three logistics parks.
- Baozun receives notable ESG awards and launches a rural women empowerment initiative.
Baozun Inc. (BZUN), a leader in brand e-commerce solutions in China, has released its 2024 Annual Sustainability Report, highlighting significant achievements in environmental sustainability and social responsibility. The company reported a 35.5% reduction in Scope 1 and 2 greenhouse gas emissions compared to its 2021 baseline, excluding Gap China operations.
In a move towards greater sustainability, Baozun's logistics parks at Wujiangnan, Yishang, and Tuopu received ISO 14064 carbon verification certification, with Yishang and Tuopu also achieving PAS 2060 carbon-neutral status. This certification underscores the company's commitment to reducing carbon footprints through rigorous standards.
Technological advancements played a crucial role in Baozun's sustainability efforts, with the introduction of a Carbon Emissions Digital Dashboard for real-time monitoring. Additionally, the S-ANY platform was enhanced with features like Public Opinion Monitoring and a Smart Assistant (S-Whiz), improving service efficiency and consumer insight.
Recognition of Baozun's efforts came in the form of industry accolades, including the Best ESG Innovation Award at the 9th Zhitong Finance Listed Company Awards and the ESG Model Award at the International Zero Carbon Festival. These awards affirm Baozun's leading role in advancing ESG initiatives within the industry.
On the social responsibility front, Baozun partnered with the Her Unlimited Women Development Center, launching a rural women empowerment program aimed at promoting entrepreneurship and revitalizing rural communities. Such initiatives reflect the company's dedication to fostering inclusive growth alongside its business objectives.
For more details, the full sustainability report can be accessed at Baozun's investor relations website.
