Oct 22, 2019|
JD Logistics Commits to Cutting Carbon Emissions by Joining the Science Based Targets Initiative
JD Logistics, an independently run business group under JD.com, China’s largest retailer, is making good on its commitment to responsible consumption, with the announcement that it has signed onto the Science Based Targets initiative (SBTi), an ambitious global campaign aimed at driving corporate action on climate change. As part of its commitment to the initiative, sealed by a strategic partnership with WWF China and One Planet Foundation, JD Logistics plans to release comprehensive carbon emission targets regarding its operations. JD Logistics will the first business group joining the SBTi in the area of logistics in China.
The Science Based Targets initiative is a collaboration between CDP, the UN Global Compact (UNGC), the World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and one of the We Mean Business Coalition commitments. The program’s aim is to increase corporate ambition on climate action by mobilizing companies to set greenhouse gas emission reduction targets consistent with the level of decarbonization required by science to limit global warming rise within 2 degrees Celsius or even 1.5 degrees Celsius. JD Logistics will provide an overview of its existing measures to combat climate change – including its self-developed “Green Stream Initiative” – as well as set new targets in accordance with SBTi’s goals, and explain how these targets will be met.
JD Logistics is one of the most important commodity distribution channels for many well-known brands and partners around the world. “WWF believes that JD’s initiatives to join the SBTi will also encourage e-commerce companies to pay more attention to green and sustainable innovation programs, leverage corporate leadership, and call for more industries to engage in climate action and work together to address the climate change,” said Weikang Wang, Director of Climate and Energy, Green Finance, WWF (China).
“In the fight against climate change, international co-operation and mutual engagement are of paramount importance, and JD Logistics is proud to support the aims of the Science Based Targets initiative,” said Feng Gao, head of Green Stream Initiative, JD Logistics. “The results of our Green Stream Initiative speak for themselves in terms of the progress JD Logistics has made in reducing the impact of our operations on the environment, but there is still more work to be done. We look forward to close engagement with SBTi to ensure we meet these new goals to ensure a better future for our planet.”
JD’s Green Stream Initiative, established in June 2017, has already been a resounding success across multiple metrics since its launch two years ago. In terms of reducing carbon emissions, JD Logistics has committed to upgrading its delivery fleet to clean energy electric vehicles, with over 5,000 already in use in nearly 50 cities across China. Green Stream Initiative programs have further reduced JD Logistics’ use of disposable packaging by 27,000 tons; seen the deployment of recyclable “green stream boxes” across 30 cities over 10 million times; and saved 500 million meters of adhesive tape by a switch to thinner strips of tape. JD Logistics’ efforts to save paper usage, achieved through paperless systems in warehouses, lightweight packaging and box recycling programs, have reduced the need for a total of 910,000 tons of paper.
Apr 18, 2024|
JD.com Awarded 2024 INFORMS Prize for Excellence in Operations Research and Analytics
JD.com is honored to announce that it has been awarded the 2024 INFORMS Prize. This recognition makes JD.com the first Asia-based enterprise to receive the award, highlighting its pioneering use of advanced analytics and operations research/management sciences (OR/MS) within its business operations.
The INFORMS Prize is awarded an organization that has repeatedly applied the principles of advanced analytics and OR/MS in pioneering, varied, novel, and lasting ways. Previous recipients include Walmart, Wayfair, Amazon, UPS, Booz Allen Hamilton, BNSF Railway, Walt Disney Company, U.S. Air Force, General Motors, Intel, HP, IBM, Ford, Procter & Gamble and GE Research.
Speaking on behalf of the selection committee, Mehmet Gumus, 2024 INFORMS Prize committee chair, remarked: “JD.com is showcasing data science as a source of business success and a necessary element to achieve customer satisfaction with continuous and dedicated practice. JD.com is truly deserving of this prestigious prize, and the entire O.R. and analytics community joins INFORMS in thanking them for their priceless contributions to the field and the business world.”
JD.com’s commitment to enhancing operational efficiency and customer service through OR/MS has been integral to its success. The company has developed an independently managed intelligent supply chain system that utilizes cutting-edge operations research algorithms to optimize warehouse management and logistics operations. This includes the operation of hundreds of intelligent warehouses and dozens of “Asia No. 1” intelligent logistics parks.
“We are honored to accept the INFORMS Prize and will continue to be steadfast in our dedication to leveraging the transformative potential of operations research,” said Sandy Xu, CEO of JD.com. “Our company’s supply chain not only aims to lead the industry, but also enhance the efficiency and well-being of our entire ecosystem.”
By the end of the fourth quarter of 2023, JD’s supply chain infrastructure assets had grown to RMB 153.8 billion, an increase of 16% year-on-year. Managing over 10 million self-operated SKUs, JD has achieved a global leading average inventory turnover of 30.3 days. This operational prowess enables JD to fulfill 95% of retail orders within 24 hours, significantly enhancing customer satisfaction and setting new standards in the industry.
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JD Super’s Ninth Annual “Baby Party” Campaign: Supporting Families with Newborns
JD Super, JD.com’s omni-channel supermarket division, successfully concluded its ninth annual “Baby Party” campaign, which ran from April 1st to 14th. Collaborating with leading brands from home and abroad, the campaign introduced new products and services designed to improve the shopping experience and reduce expenses for families with newborns.
Pioneering services included the “Fresh Milk Powder Express,” guaranteeing delivery of farm-to-consumer baby formula within 28 days, and the “Free Diaper Offers for Newborns” initiative, set to distribute one million diaper packs annually. Moreover, the “Life’s First Bottle” project significantly reduces the costs of high-quality milk bottles by offering them exclusively online at a 50% discount.
JD Super’s specialized after-sales services extend to over 90% of the company’s self-operated products, offering services such as free returns or exchanges. Another highlight was the introduction of the Chun Rui milk formula, developed in partnership with Feihe, a leader in infant milk production. This collaboration ensures top-quality products at better value for families.
Additionally, JD Super launched an online portal dedicated to public welfare activities, which promotes cost-saving measures, shares knowledge on baby care, and supports charity initiatives.
As part of its commitment to philanthropy, JD Super donated essential baby supplies valued at over one million yuan to 1,000 families in the economically disadvantaged Liangshan Yi Autonomous Prefecture of Sichuan Province, supporting local parents in this region.
The 2024 Report on Cost of Childbearing and Childrearing in China shed light on the challenges faced by parents, including limited free time and growing anxiety over rising costs and product safety. JD Super aims to mitigate some of these concerns by providing support to families nationwide.
As Young Chinese Go Crazy for Art, JD Partners with Museums to “Bring Art to Life”
