Baidu Releases 2021 ESG Report, Pledging Efforts towards a Greener Future with Technology Innovation

  • Using 2020 as the baseline yr, Baidu programs to comprehensively construct science-primarily based pathways to accomplish carbon neutrality by 2030.

  • Baidu has repeatedly explored pathways to lowering carbon emissions in firms such as autonomous driving and intelligent transportation, refining them into methodologies and capabilities open to society.

BEIJING, May 16, 2022 /PRNewswire/ — Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) (“Baidu” or the “Enterprise”) now produced its 2021 ESG report, giving updates on the company’s endeavours to assist progress a a lot more sustainable economic system via technology innovation.

“In excess of the previous 12 months, we have constantly explored the ESG benefit in corporate governance, pursuing the new ‘intersection’ of ESG benefit with an innovation-driven motor, as nicely as fulfilling our commitments to the setting and society,” claimed Robin Li, Co-founder, Chairman and CEO of Baidu. “We have each and every self esteem to accomplish ‘dual carbon’ objectives, which are demanding commitments.”

The report particulars the firm’s ESG functionality in 2021 in vital regions which include inexperienced items & remedies, corporate governance, trust developing, expertise nurturing, support advancement and culture philanthropy.

Beneath are some important highlights from the report:

Endorsing Inexperienced Strategies:

In 2021, Baidu declared the aim of accomplishing carbon neutrality at the group degree by 2030 and doing the job with associates to attain “zero-carbon progress” with AI. Several key developments to this objective have been produced via cases in intelligent transportation, eco-friendly place of work, low-carbon info heart, and more.

Corporate Governance:

Baidu presents major precedence to possibility avoidance and administration and has proven a chance management method led by the Board. In 2021, the business upgraded its philosophy of danger management and introduced the “a few lines” threat management product to carry out frequent internal danger identification as properly as examination and evaluation. The business has also formulated the Baidu Sustainable Progress and Social Accountability Regulations for Suppliers. In 2021, 100% of domestic suppliers were essential to comply with these procedures.

Open Supply for AI:

Baidu has also been top initiatives to inspire a extra inclusive and vibrant AI enhancement group. As of 2021, Baidu has led 21 open-supply organizations and more than 1,000 open up-resource jobs on Github, with far more than 18,000 community contributors and additional than 370,000 stars attained.

Range and Inclusiveness:

Baidu is a company believer in gender equality, ensuring equivalent access to work prospects for feminine staff, strictly abiding by the principle of equal fork out for equivalent get the job done. In 2021, ladies accounted for 43.2% of Baidu’s administration team.

To master additional about Baidu’s ESG effectiveness in 2021, accessibility the whole report in this article.

About Baidu

Founded in 2000, Baidu’s mission is to make the intricate entire world more simple via engineering. Baidu is a top AI business with solid Web foundation, trading on the NASDAQ under “BIDU” and HKEX below “9888.” A single Baidu Ads signifies 8 Class A standard shares.

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Perspective primary material:https://www.prnewswire.com/information-releases/baidu-releases-2021-esg-report-pledging-attempts-to-a-greener-long term-with-know-how-innovation-301547664.html

Resource Baidu, Inc.

Marcy Willis

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