Baozun Releases 2024 Sustainability Report

Rhea-AI Summary

Baozun (NASDAQ: BZUN) has released its 2024 Annual Sustainability Report, showcasing significant achievements in ESG initiatives. The company reported a 35.5% reduction in Scope 1 and 2 greenhouse gas emissions compared to 2021. Key accomplishments include:

• ISO 14064 carbon verification certification for three warehouse and logistics parks
• Implementation of a Carbon Emissions Digital Dashboard for real-time emissions monitoring
• Recognition in the Gartner Market Guide for Technology Providers for OMS 4.0 and DTC 2.0 solutions
• Launch of S-ANY platform features including Public Opinion Monitoring and Smart Assistant
• Partnership with 'Her Unlimited Women Development Center' for rural women empowerment

The company received multiple ESG awards, including the Best ESG Innovation Award at the 9th Zhitong Finance Listed Company Awards and the ESG Model Award at the International Zero Carbon Festival.

SHANGHAI, April 23, 2025 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", "we" or the "Company"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced the release of its 2024 Annual Sustainability Report (the "Sustainability Report"), highlighting the Company's achievements in environmental sustainability, social responsibility, and corporate governance.

Baozun integrates sustainability into both daily operations and long-term strategic planning, consistently fostering a low-carbon ecosystem, advancing AI-driven innovation, and cultivating a caring and inclusive workplace. Baozun's Founder, Chairman and CEO, Mr. Vincent Qiu, remarked, "Guided by our mission of 'Technology Empowers the Future of Commerce,' Baozun continues to harness its digital capabilities to empower brands in building resilient supply chains and driving green consumption. Amid the wave of the digital economy, we remain committed to leading the industry toward a more efficient, inclusive, and sustainable future."

Key ESG achievements in 2024:

• In 2024, Baozun's Scope 1 and Scope 2 greenhouse gas (GHG) emissions decreased by 35.5% compared to 2021 (excluding Gap China).
• Following the "3R (Reduction, Replacement, Removal)" carbon reduction concept, Baozun advanced carbon verification initiatives, achieving ISO 14064 carbon verification certification for three of our warehouse and logistics parks — Wujiangnan, Yishang, and Tuopu. Additionally, Yishang and Tuopu parks were certified as PAS 2060 carbon-neutral parks.
• We strengthened our carbon data management capabilities with the launch of a Carbon Emissions Digital Dashboard. This tool enables real-time visualization of carbon emissions data and trends, providing scientific support for the development of energy-saving and emission-reduction strategies.
• With our two core technology solutions — OMS 4.0 and DTC 2.0 — Baozun was recognized in the Gartner Market Guide for Technology Providers. This reflects our leading capabilities in global brand e-commerce and technology services, empowering brands in their omnichannel digital transformation and growth.
• Leveraging our self-developed integrated management platform, S-ANY, the Company launched new features including Public Opinion Monitoring and Smart Assistant (S-Whiz) to enhance customer service operations and consumer insights, continuously improving service efficiency and customer experience.
• Baozun partnered with the "Her Unlimited Women Development Center" to launch a rural women empowerment program, contributing to women's entrepreneurship and rural revitalization.
• Baozun and its subsidiary, Baozun Brand Management Company (Gap China), received wide recognition for their ESG practices. Baozun received the Best ESG Innovation Award at the 9th Zhitong Finance Listed Company Awards and the ESG Model Award at the International Zero Carbon Festival. Gap China was honored with the Best Social Responsibility Award and the Public Welfare Practice Award at the Employer Brand Creativity Competition.

For the full Baozun 2024 annual sustainability report, please visit: https://ir.baozun.com/ESG-Report.

Safe Harbor Statements

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continues," "ongoing," "targets," "guidance," "going forward," "looking forward," "outlook" or other similar expressions. Statements that are not historical facts, including but not limited to statements about Baozun's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to Baozun's filings with the United States Securities and Exchange Commission and its announcements, notices or other documents published on the website of The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date hereof and is based on assumptions that Baozun believes to be reasonable as of this date, and Baozun undertakes no obligation to update such information, except as required under applicable law.

About Baozun Inc.

Founded in 2007, Baozun Inc. is a leader in brand e-commerce service, brand management, and digital commerce service. It serves more than 490 brands from various industries and sectors around the world, including East and Southeast Asia, Europe and North America as of December 31, 2024.

Baozun Inc. comprises three major business lines -- Baozun e-Commerce (BEC), Baozun Brand Management (BBM) and Baozun International (BZI) and is committed to accelerating high-quality and sustainable growth. Driven by the principle that "Technology Empowers the Future Success", Baozun's business lines are devoted to empowering their clients' business and navigating their new phase of development.

For more information, please visit http://ir.baozun.com.

For investor and media inquiries, please contact:

Baozun Inc.
Ms. Wendy Sun
Email: ir@baozun.com 

View original content:https://www.prnewswire.com/news-releases/baozun-releases-2024-sustainability-report-302435808.html

SOURCE Baozun Inc.

FAQ

What are Baozun's (BZUN) key greenhouse gas emission reductions in 2024?

Baozun achieved a 35.5% reduction in Scope 1 and 2 greenhouse gas emissions compared to 2021 baseline, excluding Gap China operations.

Which certifications did Baozun's logistics parks receive in 2024?

Three logistics parks (Wujiangnan, Yishang, and Tuopu) received ISO 14064 carbon verification certification, while Yishang and Tuopu were certified as PAS 2060 carbon-neutral parks.

What technological innovations did Baozun implement for sustainability in 2024?

Baozun launched a Carbon Emissions Digital Dashboard for real-time emissions monitoring and enhanced its S-ANY platform with Public Opinion Monitoring and Smart Assistant (S-Whiz) features.

What ESG awards did Baozun (BZUN) receive in 2024?

Baozun received the Best ESG Innovation Award at the Zhitong Finance Listed Company Awards and the ESG Model Award at the International Zero Carbon Festival.

How is Baozun contributing to social responsibility initiatives in 2024?

Baozun partnered with the Her Unlimited Women Development Center to launch a rural women empowerment program, supporting women's entrepreneurship and rural revitalization.