On May 16, Baidu Group Corporation (hereinafter referred to as "Baidu") released its "2021 Environmental, Social and Governance (ESG) Report", which is divided into six sections, showing the company's ESG practices in the past year from the perspectives of corporate governance, talent development, data security and privacy, environmental responsibility and social responsibility. The report is divided into six sections to showcase the company's ESG practices in the past year from the perspectives of corporate governance, talent development, data security and privacy, environmental responsibility and social responsibility.
As a long-term partner, Bureau Veritas provided professional carbon verification and assessment services for Baidu, and the project lasted for more than two months. The project took more than two months to complete.
ESG is the concept of environmental, social and corporate governance, which has become an international trend and a standard for the world's best companies, and more and more multinational companies are integrating ESG into their development strategies.
As an innovative Internet company, Baidu attaches importance to the unity of social and economic values, and the release of this ESG report is not only in line with the long-term interests of the company, but also the future development of society as a whole. As early as June 2021, Baidu announced its goal of achieving carbon neutrality at the Group's operational level by 2030, and comprehensively built a scientific path to achieve the 2030 carbon neutrality goal in six areas: data centres, office buildings, carbon offsets, smart transportation, smart cloud and supply chain. Subsequently, Baidu successfully priced its first sustainability bond issue to further enhance the environmental performance and social impact of its operations in China.
Bureau Veritas, as an officially accredited third-party auditor and assessor for the Climate Bonds Organization, as well as a UN-approved auditor for Clean Development Mechanism (CDM) and European Carbon Emissions Trading Mechanism (ETS) compliance, is committed to helping Chinese companies with organizational GHG quantification and verification, life cycle assessment LCA, group dual carbon strategy, target and pathway consulting and development, social responsibility ESG report verification, as well as energy audit, energy management system establishment and audit, energy efficiency assessment and verification, and other green and sustainable services to help enterprises reduce the impact of climate change and achieve carbon neutrality in the whole process.