Achieving Dual Carbon Targets
As an enterprise with social responsibilities, starting from the goals of environmental protection and resource conservation, SF integrates technologies into its operation and actively provides supply chain services with sustainable development. Meanwhile, SF also extends the green value throughout industry chain, works with upstream and downstream partners and customers to accelerate low carbon transformation and green development for a zero carbon future.
2023
Our Commitment
2023 Key Performance
SF carbon efficiency of
an improvement of 15.3% compared to the carbon target baseline year (2021)41.1tCO2e/million revenueThe carbon footprint per parcel
a decrease of 15.1% compared to the carbon target baseline year (2021).730.9gCO2e/parcelEnvironmental Management System
The business coverage of obtaining ISO 14001 Environmental Management System Certification100%Green transportation
new-energy powered vehicles had been put into use31,000+vehiclesGreen industrial park
renewable energy generation for the year18,390,000kWhGreen packaging
reduced paper usage by 43,000tons, plastic usage by 162,000tons through packaging reduction measuresIn order to reduce the impact on the environment and improve energy efficiency during transportation, SF continues to promote green and low carbon transformation of the transportation process.
In 2023，SF has reduced 374,469 tons of GHG emissions through promoting low carbon transportation.
Green Land Transportation
SF expanded the green vehicle fleet through multiple approaches such as self-owned and leased vehicles, to continuously expand the green vehicle fleet size. In 2023, more than 5,000 additional new-energy powered vehicles were put into operation, covering scenarios such as short-haul feeder routes, feeder and end-of-line collection and delivery within cities, as well as primary and secondary trunk routes across provinces and cities. By the end of 2023, over 31,000 new energy vehicles have been placed in service, with a service coverage of 243 cities.
Green Aviation
SF achieves green air transport with low energy consumption and high efficiency by optimizing the composition of aircraft types, applying fuel-saving technologies, online platform fuel management, upgrading fuel-saving incentives, optimizing the ground fleet, carrying out energy-saving publicity, and strictly preventing the pollution of waste fuel generated from aircraft maintenance.
Green Land Transportation
SF expanded the green vehicle fleet through multiple approaches such as self-owned and leased vehicles, to continuously expand the green vehicle fleet size. In 2023, more than 5,000 additional new-energy powered vehicles were put into operation, covering scenarios such as short-haul feeder routes, feeder and end-of-line collection and delivery within cities, as well as primary and secondary trunk routes across provinces and cities. By the end of 2023, over 31,000 new energy vehicles have been placed in service, with a service coverage of 243 cities.
Green Aviation
SF achieves green air transport with low energy consumption and high efficiency by optimizing the composition of aircraft types, applying fuel-saving technologies, online platform fuel management, upgrading fuel-saving incentives, optimizing the ground fleet, carrying out energy-saving publicity, and strictly preventing the pollution of waste fuel generated from aircraft maintenance.
SF is actively building green and low-carbon industrial parks, promoting green operations in various aspects such as planning and design, warehouse construction, and operational management, based on green infrastructure construction and carbon reduction technological innovation. Through various measures such as installing rooftop photovoltaics, introducing intelligent water and electricity management, and optimizing warehouse space layout, SF comprehensively improves the efficiency and energy-saving benefits of the transfer process, reducing the environmental impact of the transfer process. that are environment-friendly, energy-efficient, and operate with a green ethos. In 2023, SF's industrial parks in Changsha and Foshan obtained the “Class I Green Warehouse” certification by the China Warehousing and Distribution Association (CWDA), while the Guizhou Industrial Park received the “Green Logistics Park” certification issued by the Guizhou Federation of Logistics and Purchasing.
Green Industrial Parks
SF has established the Energy Consumption Management System for Industrial Parks and installed intelligent water and electricity systems to standardize the management of public energy consumption in various parks, effectively improving the efficiency of resource utilization in the parks. In addition, SF actively promotes the construction of permeable concrete technology and carries out rainwater collection work within the parks. The recovered rainwater is recycled and reused as greening water, effectively improving the utilization rate of water resources.
To improve the operation and management efficiency in the parks, SF has established the property system, integrated the environmental greening, security protection and fire management, facility equipment maintenance inspection and other key property modules, which has covered all the operating parks and guaranteed efficient and safe operation of the parks.
Renewable Energy
SF continuously increases the proportion of clean energy usage, actively plans for renewable energy generation projects. As of the end of 2023, SF has a total of 14 industrial park PV projects in operation, with a cumulative installed capacity of 64 MW, and an annual clean energy generation of 18.39 million kWh.
SF advocates green office, and encourages employees to follow the low-carbon practice, forge a green and environmental-friendly working environment under concerted efforts, and build up a resource- and energy-saving company.
The Company encourages employees to hold online meetings to avoid unnecessary travels, and take all kinds of energy saving measures to achieve energy saving and emission reduction.
Energy Management
SF controls the lighting in public office areas with periodic power cuts during idle time, and encourages employees to use natural light as a priority instead of electric lighting to reduce power consumption during daytime. At the same time, we adjust the air-conditioning automatic switch-on function according to seasonal changes, and set proper air-conditioning temperatures to ensure a comfortable office environment for employees while reducing electricity waste.
Water Resources Management
SF regulates water consumption by formulating water management systems such as "Water and Electricity Management Measures", controlling the amount of water consumption and improving the efficiency of water resources use. The Company strengthens the maintenance of water equipment to reduce the waste of water, and also actively carries out water conservation publicity to enhance employees' awareness of water conservation and achieve water conservation.
Waste Management
SF treats waste in a proper manner through waste classification and resource recycling. We have set up signs for waste classification in office areas and operation sites and established detailed treatment processes to minimize the negative impact on environment.
Exhaust & Noise Management
SF actively identifies, assesses and manages exhaust and noise. Regarding noise control, SF employs the soundproof glass and upgrades some devices to further isolate and reduce noise. In terms of exhaust emission management, SF strictly implements vehicle admission standards in accordance with national requirements. All purchased vehicles must meet environmental emission standards and undergo annual inspections for compliance with exhaust emission standards. This proactive approach effectively minimizes pollutant emissions into the air.
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Energy Management
SF controls the lighting in public office areas with periodic power cuts during idle time, and encourages employees to use natural light as a priority instead of electric lighting to reduce power consumption during daytime. At the same time, we adjust the air-conditioning automatic switch-on function according to seasonal changes, and set proper air-conditioning temperatures to ensure a comfortable office environment for employees while reducing electricity waste.
Water Resources Management
SF regulates water consumption by formulating water management systems such as "Water and Electricity Management Measures", controlling the amount of water consumption and improving the efficiency of water resources use. The Company strengthens the maintenance of water equipment to reduce the waste of water, and also actively carries out water conservation publicity to enhance employees' awareness of water conservation and achieve water conservation.
Waste Management
SF treats waste in a proper manner through waste classification and resource recycling. We have set up signs for waste classification in office areas and operation sites and established detailed treatment processes to minimize the negative impact on environment.
Exhaust & Noise Management
SF actively identifies, assesses and manages exhaust and noise. Regarding noise control, SF employs the soundproof glass and upgrades some devices to further isolate and reduce noise. In terms of exhaust emission management, SF strictly implements vehicle admission standards in accordance with national requirements. All purchased vehicles must meet environmental emission standards and undergo annual inspections for compliance with exhaust emission standards. This proactive approach effectively minimizes pollutant emissions into the air.
SF firmly carries out the specific requirements of the "9917" Programme for green development of the postal industry, increases investment in R&D of packaging materials, and pursues technology innovation, reform and application of green packaging materials.
The Company is oriented to sustainability and intelligence to promote packaging reduction, reusing, recycling and degradability. In 2023, SF decreased carbon emissions by around 540,000 tons through the promotion and use of green packaging.
Packaging Reduction
SF insists on the reduction, standardized, and scenario-based innovative R&D of 8 categories of materials such as plastic bags, adhesive tape, stickers and seals. By using lightweight, compact and foldable design, SF cuts down the consumption of plastics.In 2023, the Company reduced the use of base paper by around 43,000 tons, plastics by around 162,000 tons, carbon emissions by 164,000 tons by packaging reduction.
Recyclable Package
Based on different business scenarios, SF continuously explores and develops recyclable packaging containers that are suitable for various scenarios and possess comprehensive functionalities. This enables the standardization of container and carrier applications, successfully reducing product damage rates, shortening operation times, and effectively cutting operational costs. In 2023, SF actively pushed forward the innovative research and development of recyclable packaging containers and developed a series of packaging suitable for 19 different scenarios. This not only enhances the efficiency of the Company's internal operational infrastructure but also provides customers with superior and convenient recycling packaging solutions.In 2023, SF's recyclable packaging initiatives contributed to a total carbon emission reduction of approximately 377,000 tons.
Bio-degradable Package
SF carries forward its ongoing commitments to R&D of biodegradable packaging materials, and proactively builds up a technology reserve for biodegradable packaging materials. "Feng Bag" independently developed by SF has been widely promoted and used across the country As of the end of 2023, SF has cumulatively deployed hundreds of millions of biodegradable packaging "Feng Bag" in regions including Beijing, Hainan, Guangzhou, and northern Zhejiang.
In response to the country's call for the full implementation of a circular economy, SF has put in place the improvement of resource efficiency and the reduction of GHG emissions as the direction of green development, cooperating with the upstream and downstream of the industry chain to jointly contribute to the construction of "zero-waste cities".
Development of Green Industry
SF is actively engaged in building a circular ecosystem for express packages, comprehensively promoting the verification and practice of a closed-loop chain from developing industry standards, conducting technological research, to the realization of express packages recycling. We also optimize the use of plastic recycling approaches, and work with upstream and downstream enterprises to explore a new model of reasonable reuse of recycled plastics, in order to lay a solid foundation for building a complete system of "plastic packaging design – production – consumption – recycling -regeneration – high-value application".In 2023, SF continued to improve the closed-loop model of recycling and regeneration of express bags, and completed the technological innovation and implementation of "Double Easy" (easy to recycle, easy to regenerate) bags through in-depth cooperation with upstream and downstream enterprises. SF has completed the research and development of the regeneration formula and products of "Double Easy" plastic bags, adding up to 30% of regeneration resin (PCR) while maintaining excellent mechanical properties, in line with the requirements of the national standard for courier bags, and realizing the value of a single material that is easy to recycle. It has won the certificate of excellent rating of "Plastic Products Easy Recycling Design Certification" issued by a third-party authoritative organization.
Cultivating Public Awareness of Environmental Protection
SF has always been committed to raising public awareness of environmental protection. SF promotes environmental protection activities at all levels within the Company to reduce GHG emissions. Moreover, the Company actively promotes the ideas of environmental protection in the society. By virtue of a wide range of environmental protection activities, SF aims to inspire the public and partners to be more environmentally conscious, to achieve green development and to build a "zero-carbon future".
With the national carbon peaking and carbon neutrality strategy in mind, SF has integrated climate change into its management and operational practices, proactively identified climate change-related risks and opportunities, and strived to improve its governance performance on climate-related issues, with a view to becoming an industry leader in sustainable development.
Governance
SF continuously improves its ESG governance system. The Strategy Committee of the Board of Directors undertakes the supervision responsibility of sustainable development and is responsible for monitoring and managing sustainable development issues, including the task of addressing climate change. In this case, SF integrates climate risks and opportunities into its strategic planning.
Strategy
Based on the recommendations of the TCFD framework and extensive industry research, SF analyzes the risks and opportunities under different climate scenarios. In terms of physical risks, SF focuses on the impacts of acute and chronic physical risks under high-emission scenarios. For transition risks, the main consideration is the impacts of changes in various external policies, markets, technologies and other factors on SF under low-emission scenarios.
Risk Management
SF continuously improves its risk management mechanism and optimizes the climate risk identification and tackling measures. In order to effectively manage climate risks, SF effectively combines climate risk assessment and risk management, establishes a sound management mechanism and process for climate risk identification, assessment, control and supervision, and forms a risk management process of "risk environment analysis – goal setting and risk identification of risk control – risk assessment – risk response – supervision and improvement".
Indicators & Targets
SF is committed to measuring our achievements in addressing climate change risks and opportunities through quantitative indicators. SF has continuously disclosed its climate change-related environmental indicators, such as energy consumption and intensity, and greenhouse gas emissions and intensity, as well as target achievement progress in the annual Sustainability Report, and strives to achieve its carbon reduction target by 2030, so as to help China achieve the carbon peaking and carbon neutrality goals.
