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Du Xiaoman Releases 2023 Annual ESG Report, Carbonstop Assists in High-Quality Information Disclosure

Du Xiaoman Releases 2023 Annual ESG Report, Carbonstop Assists in High-Quality Information Disclosure

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On May 8th, Du Xiaoman released the 2022 Environmental, Social, and Governance (ESG) Report. Carbonstop, as the technical provider, offered professional support for the publication of Du Xiaoman's ESG report.

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As a force in digital inclusive finance technology, Du Xiaoman has built its ESG strategy around five core areas: "Digital Inclusiveness," "Smart Technology," "Partner Win-Win," "Green Development," and "Strengthened Governance," continuously enhancing the company's value in digital inclusiveness.

In promoting green development, Du Xiaoman actively responds to China's strategic goals of achieving carbon peak by 2030 and carbon neutrality by 2060. In 2022, Du Xiaoman cumulatively reduced emissions by approximately 6,678 tons and committed to achieving carbon neutrality at the operational level by 2030. In 2022, Du Xiaoman, in collaboration with the United Nations Development Programme, implemented the 'Sustainable Finance for Rural Revitalization Project' in Gutan County, Ningde City, Fujian Province; Youyang County, Chongqing Municipality; and Xixiang County, Hanzhong City, Shaanxi Province, effectively supporting the development of local specialty industries and green industries.

In practicing social responsibility, Du Xiaoman's 'Xiaoman Assistance Program,' a public welfare project providing interest-free loans to assist farmers, has continuously provided interest-free loans to thousands of rural leaders for four years, supporting industrial development. By the end of December 2022, Du Xiaoman donated 20 million yuan through the Red Cross Foundation to Dianjiang County, Chongqing, mainly to provide medicines and critical illness assistance to elderly people affected by the pandemic.

In corporate governance, Du Xiaoman consistently adheres to 'risk management,' the core of the financial industry, focusing on compliance with laws and regulations, professional ethics and anti-corruption, risk management, intellectual property protection, and other key areas to ensure user privacy information and protect user rights and interests, strictly guarding the 'lifeline' of data and information security.

Utilizing fintech technology and capabilities, Du Xiaoman actively participates in anti-fraud governance work. According to the report, by the end of 2022, it had provided telecom fraud prevention reminders to 150,000 people, and manually intervened to stop more than 5,000 users from being defrauded. In 2022, Du Xiaoman supported police forces in Guizhou, Jiangsu, and Guangdong provinces in combating telecom fraud crimes, assisting public security authorities in handling over 120 criminal cases.

Actively engaging in ESG practices, making excellent disclosures of ESG information, and regularly publishing high-quality ESG reports demonstrate a company's commitment to social and environmental responsibilities and showcase a good brand image.

In recent years, Carbonstop has actively expanded its ESG business, with the Carbonstop ESG team leveraging professional backgrounds and practical experience to provide technical support in creating high-quality ESG reports, contributing to the advancement of ESG practices within the industry.

The ESG services provided by Carbonstop include disclosure, rating improvement, management improvement, training, etc., such as ESG training, ESG reporting, ESG communication, carbon neutrality reports, ESG rating enhancement (MSCI, Morningstar, etc.), ESG indicator system construction, and ESG strategic planning.

Carbonstop will continue to leverage its strengths, uphold a professional attitude, and assist companies in improving their ESG performance. If your company has any ESG-related needs, please feel free to contact us.

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