GlobalData offers a comprehensive analysis of Yonyou Network Technology, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Yonyou Network Technology‘s ESG performance. GlobalData’s company profile on Yonyou Network Technology offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

Yonyou Network Technology, a prominent cloud service provider, is deeply committed to minimizing its greenhouse gas (GHG) emissions and actively supports China's ambitious targets of achieving carbon peak by 2030 and carbon neutrality by 2060. The company practices green and low-carbon operations, implementing a range of measures to achieve significant emission reduction objectives. The Yonyou Industrial Park in Beijing is strategically positioned to reach its carbon peak by 2030 and achieve carbon neutrality by 2060. With a forward-looking approach, the park aims to have a minimum of 50% of its total power consumption sourced from green power by 2025, ultimately aspiring to attain 100% green power coverage by 2030. In a notable accomplishment in 2022, Yonyou successfully conserved a total of 1,546,855 kilowatt-hours (kWh) of electricity, resulting in a commendable reduction of 934 tons in carbon dioxide emissions.

In terms of greenhouse gas emissions, Yonyou has been monitoring and reporting its emissions from its industrial park in Beijing. The company's emissions have shown an increasing trend over the years, with 2022 emissions reaching 28,487.20 tons of carbon dioxide equivalent, compared to 26,101.12 tons in 2021 and 24,118.01 tons in 2020. However, Yonyou has carried out carbon verification work in collaboration with a third-party to accurately assess its emissions and implement targeted reduction measures.

Yonyou has implemented various initiatives to reduce emissions and promote energy conservation. The company has established a green operation working group and a green operation cultural wall to promote environmental protection and low-carbon practices among its employees. It has also deployed a photovoltaic power station in its Nanchang Industrial Park, resulting in a reduction of approximately 251 tons of carbon dioxide emissions. Additionally, Yonyou has focused on clean energy utilization, including geothermal and photovoltaic energy, in multiple industrial parks.

The company has also taken steps to reduce emissions in its operations and supply chain. Yonyou has promoted electronic and paperless procurement processes to reduce carbon emissions and has helped companies acquire supplier carbon emission data. It has also implemented energy-saving measures, such as using ground-source heat pumps and energy-storage central air-conditioning systems, and replacing old high-energy-consuming equipment with green and energy-saving intelligent equipment in its factories. By leveraging its cloud service technology capabilities, Yonyou is helping its customers achieve energy conservation and emission reduction in various industries, contributing to a greener and more sustainable future.

Overall, Yonyou Network Technology is actively working towards reducing its GHG emissions. The company's focus on green and low-carbon operations, clean energy utilization, and energy-saving initiatives demonstrates its commitment to environmental sustainability.

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