HONG
KONG, May 2, 2024 /PRNewswire/
-- Hangzhou SF Intra-city Industrial Co., Ltd. ("SF
Intra-city" or the "Group", Stock Code: 9699.HK), China's largest third-party on-demand delivery
service provider, is pleased to announce its 2023 Environmental,
Social and Governance Report ("ESG
Report") for the year ended 31 December
2023 (the "Period"). The Group has engaged a third-party
organization for the first time to verify the ESG Report and issued
a third-party verification report. The Group established an ESG
Committee in 2023 to strengthen the establishment and management of
environmental performance indicators, systematically implemented
measures to reduce carbon emissions and progressed positively,
thereby enhancing the ESG management level of the on-demand
delivery industry. In 2023, key performance indicators such as the
total amount of packaging materials showed significant savings,
with a year-on-year ("YoY") reduction of over 90%, reaching 103,600
tons.
Multi-Dimensional Achievements in Energy Conservation and
Emissions Reduction: The Group Proactively Responds to Climate
Change
During the Period, the Group calculated and disclosed Scope 3
carbon emissions for the first time, covering carbon emissions from
riders' delivery, employees' travel and suppliers' activities, and
continuing to actively explore effective practices for emission
reduction. During the Period, the Group (i) adopted green delivery,
with an annual total delivery distance of more than 7.8 billion km,
of which more than 98% of the delivery distance was achieved by
using electric vehicles, reducing about 2.3 million tonnes of
carbon emissions; (ii) considered the real-time position of the
rider, the position of the order and other factors, resulting in
optimal route planning, shorter mileage, and energy consumption
reduction through its City Logistics System; (iii) implemented
green packaging with 64,000 recyclable document envelopes put into
use during the Period, which was equivalent to reducing the use of
3.2 million paper document envelopes; (iv) used the e-signature
platform actively to reduce the use of about 290,000 paper
contracts annually and lower carbon emissions by about 50.895
tonnes of carbon dioxide equivalents during the Period.
Responding to climate change is a global imperative and a
consensus among forward-thinking companies in all industries. SF
Intra-city, as a leading platform of third-party on-demand delivery
services, recognizes the critical role it plays in this area. With
reference to the Task Force on Climate-related Financial Disclosure
("TCFD") guidelines, the Group has taken environmental protection
and climate change into consideration in the process of business
development and operation management. Additionally, the Group has
actively identified and assessed climate change risks and
opportunities, and has systematically compiled its response
strategy to climate change. Furthermore, the Group has utilized the
recommended framework of the TCFD to disclose its climate-related
work plans and achievements in four major areas, namely,
governance, strategy, risk management, and metrics and targets, to
clearly outline the Group's approach and demonstrate its commitment
to addressing the climate issues.
The Group has incorporated green environmental protection into
the assessment index for suppliers, resulting in a signing rate of
100% for both the supplier integrity agreement and the supplier
social responsibility clauses. In accordance with the
recommendations of the TCFD, the Group recognized the risks
associated with climate change and its potential impact on business
and developed effective measures to mitigate these risks. The Group
is committed to actively participating and contributing to
long-term initiatives aimed at addressing climate change and
promoting sustainable development within the industry.
Enhanced Employee Well-being Contributes to the Group's
Advancement of Corporate Social Value
The Group has attached great importance to the holistic
development of employees at all stages, levels, and functions.
17,746 attendees participated in training during the Period, with a
total investment of RMB6.73 million
in training. The Group has invested RMB2.85
million in caring for its employees and expressed care to
employees and their family members through nearly 50,000 visits.
During the Period, the number of active riders reached 950,000,
with a YoY growth of 31% for riders in the middle to high-income
bracket. The Group has created a warm and friendly career platform
with sustainable development opportunities for riders by means of
"remuneration + training + care + culture". To protect the safety
of riders, the Group has invested heavily in intelligent hardware
equipment to protect the safety of the operation of riders, and has
allocated more than 10,000 intelligent helmets in total. This
helmet is designed to analyze accident claim rates for comparative
purposes, enhancing rider driving safety. Furthermore, rider rest stations across the country have
exceeded 3,000, with major cities achieving comprehensive coverage
of 100%. These stations serve as essential facilities for riders,
providing them with amenities for resting, charging and exchanging
batteries, as well as serving as emergency response locations.
During the Period, the Group has conducted a total of over 1,500
online and offline safety training sessions, with participation
exceeding 1.1 million individuals.
The Group actively strives to enhance gender diversity among its
directors, supervisors, and senior management, with the proportion
of females to 34%. Additionally, the Group highly encourages female
riders to participate in cancer screening activities, aiming to
raise awareness of cancer prevention and control. As an industry
pioneer, the Group has launched exclusive uniforms for female
riders. Furthermore, the Group provides comprehensive support for
the personal development of riders, including channels for academic
qualification improvement, vocational skills certification, and
multi-disciplinary courses. During the Period, approximately 2.4
million riders participated in 200 courses, resulting in over 8,000
riders being promoted to team leaders and 540 riders passing the
professional qualification certification at the municipal
level.
The Group has established a systematic rights and benefits
management model to give full play to the riders' activeness.
Additionally, fundamental support has been provided to every rider
on the platform through a flexible incentive mechanism and a
reliable process for addressing complaints, insurance, and claims.
This approach showcases the Group's commitment to recognizing and
prioritizing the well-being of each rider, ensuring their rights
and interests are protected.
The management team of SF Intra-city said, "As a leader in the
logistics industry, the Group strives to incorporate the concept of
sustainable development into every aspect of our business
operations and management. This includes adopting clean
energy-powered delivery vehicles, promoting sustainable packaging
materials, strengthening ESG risk management, setting clear
energy-saving and emissions reduction targets, and adhering to a
people-oriented business philosophy. We are dedicated to building a
green delivery ecosystem that creates long-term value for our
customers, partners, and investors."
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SOURCE SF Intra-city