On December 27, the "4th Financial Associated Press Corporate ESG Forum and the Launching Ceremony of the 'ESG Influence 50 Forum'" was held in Beijing under the guidance of Shanghai Media Industry Group and sponsored by the Finance Associated Press and the All-China Environment Federation.
With the theme of "ESG: Chinese Enterprises' Practice and Value Proposition", the 4th Corporate ESG Forum of the Financial Associated Press invited leaders from the political, business and academic circles to exchange ESG topics, share solutions and best practices, and jointly explore a new path for the steady and far-reaching development of enterprises. The 2023 Finance Associated Press Zhiyuan Award issued at the meeting aims to recognize enterprises that have actively practiced the concept of sustainable development in the ESG field in the past year, shape industry models and role models, and provide more enterprises with excellent ESG strategy and practice reference and inspiration.
As a technology company focusing on the consumer industry, Worthbuy Technology has been committed to continuously improving the connection efficiency and quality of both supply and demand since its establishment more than ten years ago. Relying on the mission of "making every consumption happy" and the concept of green and sustainable development, Worthbuy Technology continues to improve the ESG system, accelerates the implementation of ESG management concept into the company's overall business through the collaboration between management and employees, and strives to build a harmonious ecosystem with employees, content creators, users, brands, merchants, etc. Worthbuy Technology said that this award represents the recognition of the group's ESG practices and value proposition, and will also encourage the group to continue to move forward on the road of sustainable development.
In terms of corporate governance, Worthbuy Technology continuously optimizes the governance structure, improves management effectiveness, ensures efficient operation on the basis of compliance, and actively responds to the demands of different stakeholders. As a listed company, Worthbuy Technology is continuously improving the quality and efficiency of corporate governance through standardized operation of three committees (board of directors, board of supervisors, general meeting of shareholders), high-quality information disclosure, diversified investor relations management, active investor protection activities, sound internal control system, standard compliance management system, comprehensive anti-fraud compliance practices, perfect tax management system, and efficient internal collaboration management, so as to continuously enhance the company's value and protect the interests of investors.
In terms of social governance, while continuously improving the connection efficiency between the B-end and the C-end, Worthbuy Technology actively conveys the concept of sustainable consumption to the society, shares a green and healthy life, continues to create value for users, customers and society, and pursues a win-win situation for all parties. In 2022, the average number of monthly active users of the Group's consumer content community "What's Worth Buying" reached more than 38 million, helping merchants achieve sales of more than 20.6 billion yuanDuring the Hainan Consumer Expo in the same year, the Huaxia Scenery Pavilion built by Worthbuy Technology helped 30+ high-quality domestic brands to enter the international stage, effectively enhancing the influence of domestic brands. In 2023, with the support of Beijing Fengtai District ** and Fengtai District Bureau of Commerce, Worthbuy Technology will issue automobile consumption subsidies to consumers twice in a row, effectively promoting the integration of the digital economy and the real economy, and accelerating the recovery of the regional economy, among which, the consumption vouchers issued in March 2023 will complete the verification of 3,610 cars in just 28 days, achieving sales of 91.2 billion yuan. In addition, on the basis of ISO27001 certification, Worthbuy Technology has passed the ISO27701 and ISO27018 certification, which further strengthens the management of personal privacy information and demonstrates the social responsibility and responsibility of the enterprise.
In terms of environmental governance, green and sustainable development has always been the development concept adhered to by Worthbuy Technology, and the company's business model has always been characterized by low-carbon and environmental protection, and is committed to leading rational consumption, scientific consumption and green consumption. Specific to the business level, on the one hand, the main business "what is worth buying" In order to encourage green consumption, the community has not only opened up the "environmental protection life" value column, but also adhered to the concept of environmental protection for a long time and guided users to choose green products. Within the company, Worthbuy Technology also actively promotes green office, and creates a green and low-carbon workplace environment by promoting the concept of environmental protection, enhancing employees' awareness of environmental protection, encouraging green travel, and paperless office, so that the concept of green and sustainable development can deeply guide the behavior of every employee. On the other hand, as an efficient connector between brands, e-commerce and consumers, Worthbuy Technology is empowering green brands to pass on the concept of "green consumption" to the upstream of the industrial chain.
While integrating the ESG concept into the company's development genes, it also deeply practices corporate social responsibility in practice to achieve a win-win situation of economic and social benefits. Since its establishment, the company has not only made many public welfare donations, but also continued to give care and help to the needy groups in the society, with the continuous expansion of the company's scale, the investment in public welfare undertakings has also continued to grow, in order to make better use of its own business capabilities and platform advantages, play a role in the connection of public welfare, and make the flow of public welfare information smoother.
In April 2023, the company not only empowered public welfare innovation with digital technology, but also launched the "Worthy of Public Welfare" platform to connect donors and recipients more efficiently, and promote the more efficient and transparent flow of public welfare informationIn addition, we will continue to leverage our operational experience in vertical fields, continue to deepen our efforts in rural revitalization, child assistance, environmental protection, disaster relief, etc., improve the efficiency of public welfare support through refined operation assistance, and give full play to the Group's innovation capabilities at the business level. In July of the same year, Worthbuy Technology also cooperated with Philanthropy Times to establish the "China Social Development and Internet Public Welfare Research Center" to jointly explore how to better leverage the power of the Internet and technology to help the development of public welfare.
With its continuous investment in the field of public welfare and unremitting efforts to promote the high-quality development of the consumer industry, Worthbuy Technology has been recognized by many institutions and leaders in the ESG field, and has successively won many honorary awards such as "Annual ESG Influential Enterprise on the Merit List of the 6th Capital Forum of Jiemian News", "21st Century Vitality ESG Pioneer Case", "New Fortune - Best ESG Information Disclosure Award" and so on. "In the future, Worthbuy Technology will continue to walk with users, enterprises and countries, under the guidance of ESG strategy, continue to explore the combination of business development and public welfare, explore more reasonable business models from a more macro perspective, promote sustainable development while adhering to technology-driven consumption progress, actively assume social responsibility, and contribute to consumption progress and social development.