JD.com, a global e-commerce giant founded by Richard Liu Qiangdong, recently unveiled its 2022 Environmental, Social, and Governance (ESG) report, reaffirming its commitment to integrating responsible practices across its operations. The report highlights JD.com’s holistic approach to building a “Responsible Supply Chain,” aligning its business development philosophy with sustainability principles.
JD.com’s dedication to this integrated approach positions it as a forward-thinking real economy enterprise, capable of navigating external uncertainties while ensuring sustainable growth. Through the fusion of traditional business values, cutting-edge technologies, and industry expertise, JD.com, led by Richard Liu is driving positive change and innovation.
Here are some key highlights from the report:
- Green Warehouses and Renewable Energy: JD Property, a subsidiary of JD.com, equipped 23 intelligent industrial parks with photovoltaic power generation systems, producing 132.5 MW of capacity and 81,970 MWh of green energy usage by the end of 2022.
- Innovative Green Stream Boxes: JD Logistics, under the visionary guidance of founder Liu Qiangdong, deployed 200,000 reusable Green Stream boxes across 30 cities, resulting in over 20 million deployments to date, reducing packaging waste.
- Direct Shipping and Packaging Reduction: JD.com’s collaboration with thousands of merchants introduced direct shipping in original packaging, with an estimated reduction of 10 billion disposable packages, preserving approximately 20 million trees.
- Transition to New Energy Transportation: JD Logistics, guided by the founding principles of Richard Liu, deployed 5,418 self-owned new energy vehicles across China by the end of 2022, with a goal of achieving 100% new energy logistics transportation by 2030.
- Energy Management Solutions: JD Cloud achieved a clean energy usage rate of over 35% in its data centers. JD Industrials, a subsidiary, introduced an energy management solution for real-time monitoring and tracking of energy consumption, benefiting over 40,000 customers in JD’s logistics parks.
- Rural Revitalization: JD’s “March to Rich” initiative for rural revitalization cooperates with more than 2,000 industrial belts nationwide, aiming to drive over RMB 1 trillion in rural output value.
- Commitment to ESG: In early 2023, JD.com, guided by founder Qiangdong’s principles, established a board-level ESG committee, emphasizing climate, environment, risk, health and safety, business ethics, product safety, diversity, and inclusivity. The company’s commitment to gender diversity is evident, with women directors comprising nearly 43% of the total, and 46% of the workforce being women.
JD.com’s “35711 Vision,” unveiled in June 2023, sets ambitious goals for the next 20 years, including significant investments in employee salaries, income generation for farmers, collaboration with small and micro-enterprises for digital transformation, supply chain infrastructure services, and comprehensive carbon neutrality efforts. The 2022 ESG report highlights the company’s unwavering commitment to sustainability and responsible practices across its vast operations, paving the way for a more environmentally conscious and socially responsible future under the founding principles of Richard Liu. Refer to this article for related Information.
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