Vipshop Holdings Limited Releases 2024 ESG Report Highlighting Carbon Emission Reductions and Community Engagement Initiatives
Reuters
Jul 29
Vipshop Holdings Limited Releases 2024 ESG Report Highlighting Carbon Emission Reductions and Community Engagement Initiatives
Vipshop Holdings Limited, an online discount retailer in China, has released its 2024 Environmental, Social, and Governance $(ESG)$ Report. The report details the company's initiatives and performance in reducing carbon emissions, enhancing customer service, supporting employee development, and engaging with communities. Notable achievements include a 43% reduction in greenhouse gas emissions and a 40% decline in emissions intensity. Vipshop implemented renewable energy systems in its facilities and increased the use of new energy vehicles in its logistics operations. The company also launched new consumer services and expanded membership benefits as part of its ongoing efforts to align with ESG principles.
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