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

• Getting 2020 as the baseline yr, Baidu programs to comprehensively build science-based mostly pathways to obtain carbon neutrality by 2030.

• Baidu has continually explored pathways to decreasing carbon emissions in organizations this kind of as autonomous driving and clever transportation, refining them into methodologies and capabilities open up to society.

BEIJING, May perhaps 16, 2022 /PRNewswire/ — Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) (“Baidu” or the “Organization”) right now unveiled its 2021 ESG report, furnishing updates on the company’s attempts to support advance a far more sustainable economy by technological know-how innovation.

“Over the past calendar year, we have continuously explored the ESG value in company governance, pursuing the new ‘intersection’ of ESG benefit with an innovation-pushed engine, as nicely as fulfilling our commitments to the ecosystem and society,” mentioned Robin Li, Co-founder, Chairman and CEO of Baidu. “We have each individual self esteem to achieve ‘dual carbon’ plans, which are demanding commitments.”

The report specifics the firm’s ESG overall performance in 2021 in vital locations like green solutions & alternatives, company governance, have confidence in building, expertise nurturing, assistance enhancement and culture philanthropy.

Under are some critical highlights from the report:

Promoting Green Suggestions:

In 2021, Baidu introduced the target of attaining carbon neutrality at the group amount by 2030 and functioning with companions to realize “zero-carbon expansion” with AI. Several significant developments in direction of this aim have been designed as a result of circumstances in clever transportation, environmentally friendly office environment, minimal-carbon facts heart, and much more.

Corporate Governance:

Baidu gives prime priority to risk avoidance and administration and has founded a possibility management system led by the Board. In 2021, the firm upgraded its philosophy of danger management and released the “three traces” chance management design to carry out typical inner possibility identification as very well as assessment and assessment. The firm has also formulated the Baidu Sustainable Enhancement and Social Accountability Rules for Suppliers. In 2021, 100% of domestic suppliers ended up necessary to comply with these procedures.

Tale continues

Open up Supply for AI:

Baidu has also been main endeavours to motivate a far more inclusive and lively AI advancement group. As of 2021, Baidu has led 21 open up-source organizations and extra than 1,000 open-source initiatives on Github, with far more than 18,000 neighborhood contributors and more than 370,000 stars acquired.

Diversity and Inclusiveness:

Baidu is a business believer in gender equality, guaranteeing equal obtain to work alternatives for feminine personnel, strictly abiding by the principle of equal pay back for equal function. In 2021, females accounted for 43.2% of Baidu’s administration team.

To discover additional about Baidu’s ESG general performance in 2021, obtain the complete report in this article.

About Baidu

Founded in 2000, Baidu’s mission is to make the complex world more simple by means of technological innovation. Baidu is a main AI enterprise with solid Online foundation, trading on the NASDAQ under “BIDU” and HKEX below “9888.” Just one Baidu Ads signifies eight Class A regular shares.

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