Using technology to create green road freight, Fuyou Truck won the 2021 "Enterprise ESG Practice Award of the Year"

(2023年03月14日)

https://www.scmp.com/presented/business/topics/upholding-entrepreneurial-spirit/article/3160107/enduring-entrepreneurial

On December 15, the 4th Jiemian Finance and Economics Annual Conference hosted by Shanghai Publishing Industry Group | Jiemian News was held in Shanghai. The 2021 "ESG Pioneer 60" winners were announced at the meeting. The organizing committee of the conference believes that Fuyou Trucks has outstanding performance in reducing road carbon emissions, technology-driven freight industry cost reduction and efficiency increase, and protecting drivers' rights and interests, and awarded the "Annual Enterprise ESG Practice Award".

According to the organizing committee of the 2021 "ESG Pioneers 60":

In terms of environmental responsibility, fuyoukache has reduced the average empty driving rate of vehicles by 22.7% through the intelligent dispatching system. In terms of fuel, Fuyou Trucks’ autonomous driving can greatly save fuel consumption and greatly reduce carbon emissions. Actively promote the green transformation of my country's road freight industry.

In terms of social responsibility, FORU Trucking is based on the technology-driven route, and uses AI technology to reduce costs and increase efficiency in the industry, improve freight efficiency and the professional happiness of truck drivers. During the epidemic, the platform provided a solid guarantee for the living supplies of residents in the cities affected by the epidemic, and actively spoke out for the driver groups who rushed to help fight the epidemic.

In terms of corporate governance, Fuyou Trucks is the only platform in the industry that implements smart pricing. It has taken the lead in forming a standardized service system to help drivers and cargo owners reach transactions in a fair, transparent and efficient manner. Through a series of guarantee measures, truck drivers are more professional. dignity.

"ESG Pioneers 60" recognizes ESG promoters from various industries

The 2021 "ESG Pioneers 60" selection aims to find green companies and pioneers in the industry who pay equal attention to economic performance and social responsibility.

Based on comprehensive consideration of the five dimensions of corporate ESG, environmental responsibility, social responsibility, corporate governance responsibility, and benefits, the selection selects outstanding companies through multiple channels, and strives to make an objective and fair evaluation of the company's annual value and ESG performance. The core competitiveness of enterprises in the "carbon neutral" era.

"ESG Pioneer 60" has "Annual Environmental Responsibility Excellence Award", "Annual Social Responsibility Excellence Award", "Annual Corporate Governance Excellence Award", "Annual Corporate ESG Practice Award", "Annual ESG Green Finance Award" and personal awards The six major awards of the "Annual ESG Explorer Award" are selected through data model screening, public voting, and review committee deliberation.

10 companies including Fuyou Trucks won the "Annual Corporate ESG Practice Award"

After several rounds of reviews, Fuyou Truck won the 2021 "ESG Pioneer 60 Annual Corporate ESG Practice Award", along with 9 companies including DHL Express China, Cainiao Logistics, JD.com, Kingsoft Cloud, Meituan, and China Merchants Bank. Among them, Fuyou Trucks, DHL Express and Cainiao Logistics are the only three companies in the logistics field among the six "ESG Pioneer 60" awards.

Award-winning companies in other sectors include 3M China and BOE from the manufacturing industry, Amway (China) and Xtep from the consumer goods industry, Sequoia Capital China Fund, Standard Chartered (China) Wealth Management from the financial industry, Siemens Energy from the energy field, and " AI Four Tigers" SenseTime, NIO in the field of new energy vehicles, etc.

In addition, 10 ESG leaders from academies, institutions, government departments and social enterprises, including Borger Brende, President of the World Economic Forum, and Ma Weihua, former President of China Merchants Bank, won the "ESG Explorer of the Year Award".

Fuyou Trucks promotes the green development of road freight

According to MSCI’s ESG Industry Substantial Map, in the field of freight transportation, the key ESG assessment criteria are – environmental level: carbon emissions (accounting for 23.7%); social level: labor management (accounting for 24.1%); governance level: corporate governance (accounting for 41.6%).

As a technology-driven road freight platform, Fuyou Truck uses technology to improve vehicle operation and fuel efficiency, helping to reduce carbon emissions. Fuyou Truck breaks the traditional scheduling model, and uses AI technology and algorithms to intelligently match orders for truck drivers. In 2020, it helped truck drivers reduce the average empty mileage of orders by 22.7%. In addition, the platform will intelligently plan routes for drivers to ensure punctual transportation while saving fuel consumption.

Due to the realization of standardized and digital operation in each transaction link, the platform can flexibly mobilize scattered transportation capacity in the society to meet the sudden transportation needs of all parties. At the beginning of the spread of the new crown epidemic last year and during the disaster in Henan in July this year, Fuyou Trucks immediately opened rescue and relief supplies transportation channels, and went all out to help the frontline.

Fuyou Truck attaches great importance to the protection of the rights and interests of drivers, and incorporates the principle of respecting drivers into daily decision-making operations. Through intelligent pricing, the platform allows cargo owners and drivers to avoid repeated disputes over freight rates; through intelligent scheduling, it helps drivers improve efficiency and increase shipping revenue; through quick settlement and other measures, it eliminates the risk of truck drivers being owed freight.

Under the current "double carbon" goal, the freight industry will accelerate the process of decarbonization. According to the "Road Freight Decarbonization" report, there are about 3 million freight companies and 217 million trucks in the world, and the road freight industry accounts for 9% of the world's total carbon dioxide emissions.

In this regard, Fuyou Trucks insists on investing in technology. On the basis of continuously optimizing algorithms and improving efficiency, it will continue to promote the commercialization of autonomous driving. In the future, it will also deploy the new energy field with the concept of sustainable development.

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