BEST Inc. (NYSE: BEST) released its environmental, social, and governance (ESG) report for 2021 yesterday.
May 20, 2022 By MarketDepth
The company continued its promotion of green logistics solutions by emphasizing pollution reduction across company operations and saved on 5.8 million sheets of A4 paper as well as abated 80 tons of carbon emissions through its use of blockchain technology in transportation. Additionally, BEST launched public welfare campaigns in China and Southeast Asia in order to aid vulnerable people in underdeveloped areas and help fight COVID-19 and natural disasters.
“It is a logistics company’s duty to play to its strengths in environmental and social responsibility. To create more value and better returns for society, we have worked to reduce our carbon emission and use of plastics. We also jumped into action with relief supplies and their delivery during a number of emergencies and times of urgent need.”Johnny Chou, Chairman and CEO of BEST
The company devoted “significant time and resources” to enhance its relationship with employees, entering into long-term strategic cooperation agreements with over 200 colleges and universities. Additionally, it completed 177 Quality Control Circle and 34 Lean Six Sigma projects and conducted 8,087 safety activities, identifying 16,827 hidden dangers and rectifying 16,758 risks.