Bohao strictly abides by business ethics, comprehensively safeguards our compliance operation from various aspects such as compliance management and anti-unfair competition, and continuously optimizes its risk management capability to strengthen responsible corporate governance. At the same time, Bohao attaches great importance to cybersecurity and data privacy protection, comprehensively enhancing data security management level from technical, institutional, and training aspects, laying the foundation for the company's high-quality development
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Enhancing corporate resilience through comprehensive, quantifiable, and end-to-end ESG risk management to strengthen the foundation for sustainable development
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In 2024, the “Risk Management Policy” was revised to upgrade the company’s comprehensive risk framework. The updates aligned with ESG rating metrics and enhanced response measures for multiple risk categories, aiming to achieve a dynamic balance between ESG risks and sustainable development
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Continuously refining the ESG governance structure and role responsibilities at all levels to build a diverse and efficient ESG system that balances strategic leadership with oversight and accountability
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Revised the “ESG Management Policy” and the “ESG Committee Rules of Procedure.”
The ESG Committee holds at least two meetings per year
Continued to improve board diversity, with women accounting for 60% of board members
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Implementing end-to-end compliance controls over business conduct, with a zero-tolerance policy toward corruption, bribery, and fraud
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Conduct integrity surveys and interviews with suppliers and all employees
Achieved a 100% signing rate for the “Anti-Bribery Agreement” in 2024
No violations of business ethics were recorded throughout the year
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Developing a proactive cybersecurity framework to protect core business systems, ensuring zero intrusions and no leakage of sensitive data across core business chain
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Zero cybersecurity threats or data breaches occurred
Achieved 100% employee coverage in cybersecurity and data protection training
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The Board of Directors is the highest responsible and decision-making body and supervisory organization for the Company's ESG efforts, assuming overall ESG strategy development and reporting responsibilities.
The Board of Directors formulates high-level strategies for the Company's ESG work to support the sustainable development of the Company's business, and identifies ESG risks, formulates ESG-related objectives, policies and programs, and conducts ESG performance evaluation through delegating authorities to the Board's Remuneration and Performance Management Committee and the management's ESG Committee, Health,Safety and Environment (HSE) Management Committee, Information Technology Leadership (ITL) Group, and Ethics and Discipline Committee. In addition, the Board has authorized the dedicated person or designated directors of each function to coordinate ESG-related work and guide the implementation of ESG work in each implementation unit of the Company.
For more information about ESG Oversight of the Board of Directors of Bohao, please click "More" to learn more.
Bohao has established three lines of defense for risk prevention and control, including internal audit, management department, and various functional departments, and is committed to promoting full-process risk management for ESG risk identification, assessment, response, and monitoring. Since 2021, Bohao has gradually incorporated ESG into the Company's comprehensive risk management system, and the comprehensive risk management system has undergone three rounds of upgrades and has been progressively incorporating considerations of climate-related risks and opportunities.
Bohao has referenced international recognized frameworks such as the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Enterprise Risk Management (ERM) framework, GRESB standards, Stock Exchange ESG reporting guidelines and international sustainability disclosure standards. Based on the industry characteristics of the Company, we have developed a list of 46 ESG risk factors that cover material ESG issues related to the Internet Data Center (IDC) industry, comprehensively covering ESG risk management through risk identification, assessment, response, and monitoring.
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EMAIL：marketing@bhds.cn
