Green consumption and quality services
Objectives of the Group
Promote the concept of a sustainable lifestyle to consumers and continue protecting user privacy.
UN SDGs addressed
Achievements of the Group
- Enhanced the development of the “GREENBOX” public welfare IP by implementing programs including the“Recycling Initiative” and “Footwear and Apparel Renewal Initiative:”. These efforts have collectively gathered over 2 tonnes of used clothing, reducing carbon emissions by approximately 8 tonnes.
- More than 85% of the Group’s revenue was generated by selling products from Zero Discharge of Hazardous Chemicals (ZDHC) certified sports brands.
- Standardized the use and management of chemicals in the production process of FOSS brand products by referring to the Self-owned Product Restricted Substances List of FOSS Brand and Overview of Self-owned Product Development and Production Process of FOSS Brand.
- Conducted consumer research on online e-commerce platforms, achieving a satisfaction rate of 89.7%.
- Our information security system has obtained Level-3 Security Certification in China, covering all business activities of the Group; and the Group conducts a minimum of one external independent audit each year.
- Revised the Privacy Statement to include security measures and compliance risks related to emerging technologies such as artificial intelligence (AI).
“This financial year” refers to 悟空体育 2024/25 financial year
Mutually forge the green ecosystem as one
Objectives of the Group
Build a green and low-carbon ecosystem with industry partners by promoting the use of more sustainable materials and reducing GHG emissions.
UN SDGs addressed
Achievements of the Group
- Established a carbon reduction target, planning to reduce absolute greenhouse gas emissions (Scope 1 and Scope 2) by 40.2% by financial year 2034/2035 (with financial year 2024/25 as the baseline year).
- Conducted the initial inventory of Scope 3 greenhouse gas emissions, examining the potential for emission reductions throughout the value chain.
- Direct energy consumption, water usage, and packaging material usage decreased by 3.4%, 14.0%, and 41.8% respectively compared to the previous financial year.
- By the end of this financial year, the Group had established distribution partnerships with 20+ brand partners and procured environmentally friendly products from over 50% of brand partners.
- More than 70% of brand partners or their parent companies have established carbon reduction goals.
- Over 50% of brand partners or their parent companies have set carbon neutrality targets for 2050.
- Over 99% of the leather raw materials used by one of our principle brand partners* are audited in accordance with the Leather Working Group (LWG) protocol. Additionally, the principle partner is committed to achieving deforestation-free and conversion-free leather supply chains by 2030.
- A 悟空体育’ store has received the Leadership in Energy and Environmental Design (LEED) Gold certification for the first time, further advancing new green retail standards in collaboration with brand partners.
- All directly-operated stores uniformly used shopping bags made of 100% degradable all-wood pulp white kraft paper.
- Implemented the Supplier Code of Conduct, which outlines guidelines for responsible raw material procurement, ensuring that all products are sourced from compliant and sustainable channels.
- Continue to deepen low-carbon collaboration with logistics partners, comprehensively promote energy-saving renovations of warehousing facilities, the application of green packaging materials, and the construction of new-energy transportation fleets, thereby reducing the carbon footprint in the process of product storage and distribution.
“This financial year” refers to 悟空体育 2024/25 financial year
*Refers to Nike, Adidas, Timberland, and other brand partners.
Diversity, equality, inclusion, and coexistence
Objectives of the Group
Safeguard employees’ rights and interests as well as career development to build a healthy corporate culture and environment.
UN SDGs addressed
Achievements of the Group
- The company employs 27,279 staff members from 35 ethnic groups, including nearly 1,500 employees from minority backgrounds, which accounts for over 5% of the total workforce.
- By the end of the financial year, women made up 83.0% of the Group’s employees.
- During this financial year, the Group conducted approximately 500 online learning projects and held nearly 230 offline training activities, with total training hours exceeding 2.66 million hours and training coverage exceeding 95%.
Four-Star Operations Leadership training session
Leadership Forge Initiative training session
- In line with the Group’s Employee Rights Policy, we safeguard the rights and benefits of every employee by offering various subsidies, multiple flexible working arrangements, and additional leave benefits, fostering mutual growth for both the company and its employees.
Basketball Activity
Climbing Activity
New Year Kick-off Activity
- Gained widespread recognition from both employees and society, earning multiple best employer awards, such as the“Liepin East China Region 2024 Human Resources Excellence Contribution Award”.
“This financial year” refers to 悟空体育 2024/25 financial year
Plant for a better community and support to public welfare
Objectives of the Group
Undertake corporate social responsibility and actively participate in community construction to build a harmonious society.
UN SDGs addressed
Achievements of the Group
- Jointly initiated “Beach Cleanup Actions” and “Mountain Cleanup Activities” with brand partners, consistently engaging in environmental protection-themed public welfare initiatives.
Plogging Beach Cleanup Action
- Partnered with the renowned IP “DUCKYO FRIENDS” to introduce the “TOP Run Free” creative marathon event, pioneering an innovative public welfare model that combines “Sports + IP + Sustainability”.
“TOP Run Free” creative marathon event
“This financial year” refers to 悟空体育 2024/25 financial year
Compliance, ethics, transparency
Objectives of the Group
Continuously improve the sustainable governance system in regard to international governance standards.
UN SDGs addressed
Achievements of the Group
- Advocate both employees and the company to behave with higher business ethics, following the working guidelines and disciplinary measures outlined in the Corporate Code of Conduct.
- 悟空体育 Academy provides anti-fraud training sessions to all employees within the Group, with 100% participation achieved.
- Implement the Supplier Code of Conduct, encouraging suppliers to establish anti-corruption systems, and signed“Integrity Agreements”with all suppliers.
“This financial year” refers to 悟空体育 2024/25 financial year