VX LOGISTICS

SUSTAINABLE DEVELOPMENT

INVESTOR RELATIONS Sustainable Development

SUSTAINABLE DEVELOPMENT STRATEGY

8.7 MLNM²

VX Logistics has a total of
Over 8.7 million square meters of
Green certified area

SUSTAINABLE DEVELOPMENT VISION

Fully Practice ESG Concept
Help the sustainable development of the logistics supply chain

VX Logistics is committed to building a low-carbon and sustainable logistics supply chain ecosystem, serving the real economy and people's better life, reducing costs and increasing efficiency for enterprises, and guaranteeing people's better life.

SUSTAINABLE DEVELOPMENT GOALS

In order to achieve our ESG vision, VX Logistics has set the following strategic goals

To become an industry leader
A low carbon and multi temperature zone storage and distribution service provider trusted by society

We actively explore the sustainable development field and are committed to integrating ESG concepts into logistics supply chain multiple links such as storage, transportation, distribution, packaging, recycling. We work together with upstream and downstream partners to create a green and low-carbon integrated supply chain ecosystem.

Empower employee development
Support partners

We focus on social justice and human rights issues and encourage companies to adopt positive practices in supplier relationships, employee welfare, and diversity and inclusiveness.

Focus on corporate governance
Enhance corporate governance transparency

We will enhance information transparency and regularly disclose our ESG performance. We will provide accurate and reliable ESG information to investors and stakeholders so that they can keep abreast of our ESG practices and impacts.

VX SUSTAINABLE DEVELOPMENT DATA LABEL

108 parks
(high standard+cold chain)
Green Warehouse Three-Star Certification
14 LEED gold/platinum level certifications
8 platinum level and 6 gold level certifications
>8.7 million m²
Green Building certified area
The First Net Zero Carbon
Logistic Park in China
Issued by TÜV Rheinland Greater China and the Building Research Establishment (BRE)
>50MW
Estimated new distributed
photovoltaic development scale in 2023
-125000t CO₂
Cumulative carbon reduction
100% distributed photovoltaic
Newly built cold warehouse to be built with
100% distributed photovoltaic coverage
>7 Participation Standards
3 international standards, 2 national standards
1 industry standard, 1 group standard
Carbon management platform
Carbon management platform application

Data as of September, 2024

ESG GOVERNANCE FRAMEWORK

Board of directors

As the highest coordinating and supervising body for ESG matters of VX Logistics, the Board of Directors is mainly responsible for:

Evaluate and determine the risks and opportunities related to sustainable development of the company, supervise the company's strategy, ESG indicator setting, progress, and ESG medium and long-term planning, and provide opinions and suggestions on the ESG work committee's report results.

ESG working committee

The ESG Working Committee, as the initiating and coordinating and decision-making level for the ESG matters of VX Logistics, is mainly responsible for:

Review and supervise ESG strategies, work plans, and performance goals, and regularly report major ESG related matters to the Board of Directors.

ESG executive team

VX Logistics has established an ESG execution team, comprising of the company's ESG team and contact persons established by various functional departments, mainly responsible for:

Promote the implementation of the company's ESG strategy, and be responsible for reporting relevant risks to the ESG work committee, implementing sustainable development policies, and preparing materials for disclosing environmental, social, and governance performance.

Contact person for each functional section

VX Logistics has established an ESG execution team, comprising of the company's ESG team and contact persons established by various functional departments, mainly responsible for:

Promote the implementation of the company's ESG strategy, and be responsible for reporting relevant risks to the ESG work committee, implementing sustainable development policies, and preparing materials for disclosing environmental, social, and governance performance.

SUSTAINABLE DEVELOPMENT HIGHLIGHTS

Ensure quality and safety

Quality and safety
Occupational health and safety

Focus on corporate governance

ESG governance
Business ethics
Corporate governance

Decarbonizing our assets

Environmental management
Green building
Energy and greenhouse gas management

Enhance climate resilience

Address climate change

Supporting our partners

Supply chain management

SUSTAINABLE DEVELOPMENT PUBLICATIONS

2023

Sustainable Development Report

Sustainable Development Policy

Sustainable development
policies

White Paper

Click to preview

Industry Standards

industry standard

SUSTAINABLE DEVELOPMENT AWARDS

TÜV Rheinland Greater China and the
Building Research Establishment (BRE)
Net Zero Carbon Building Certification
LEED Platinum Level Certification
Green Storage and
Distribution Enterprise
China Green Warehouse