OneConnect Releases ESG Report for the Third Consecutive Year, Strengthening Its Leadership in Sustainable Finance

Core Insights - OneConnect Financial Technology Co., Ltd has released its 2024 Environmental, Social, and Governance (ESG) Report, marking the third consecutive year of such disclosures, reflecting the company's commitment to corporate responsibility [1] - The report outlines OneConnect's strategic initiatives and achievements in promoting green finance, serving underbanked communities, and mitigating financial risks [1][2] ESG Commitment - The company has integrated ESG principles into all operations, including strategic planning, product development, and risk management, fostering a sustainability-oriented culture [3] - In 2024, OneConnect identified 25 key material topics, focusing on climate change, digital inclusion, and employee development, and aligned disclosures with international frameworks like GRI and TCFD [4] Institutional Development - OneConnect revised over 10 core policy documents related to operational risk and data security, reporting no major compliance violations [5] - The company enhanced its anti-corruption mechanisms through integrity awareness campaigns and commitments from suppliers [5] Green Finance Initiatives - OneConnect aims for operational carbon neutrality by 2030, maintaining per capita greenhouse gas emissions below 0.4 metric tons of CO₂ equivalent and reducing office energy consumption by 46% [6] - The company has implemented sustainability measures in its offices, including energy-efficient technologies and green procurement practices [7] Digital Services and Financial Inclusion - OneConnect has integrated energy management and carbon emissions tracking into its digital platform, providing clients with tools for operational efficiency [8] - The company focuses on enhancing accessibility in financial services through advanced technologies like AI and big data [9][10] Corporate Citizenship - OneConnect actively participates in public welfare initiatives, launching campaigns to support underprivileged children and rural education, with employees contributing over 300 hours of volunteer service [11] - The company conducts assessments for suppliers to promote a transparent and compliant business ecosystem [12] Industry Recognition - OneConnect received multiple industry awards in 2024, including recognition in the S&P Global Sustainability Yearbook and Forbes China's Top 10 Fintech Companies in ESG Practices [13] - The company serves 197 overseas financial institutions across more than 20 countries, indicating its expanding global presence [14] Future Outlook - OneConnect plans to enhance its technological foundation and integrate ESG principles further into its operations, aiming to support the development of a resilient financial ecosystem [15]