Environmental, Social and Governance Report
Yatsen Holding Limited 2022
As a leading player in China’s beauty market, Yatsen Holding Limited is committed to becoming “a health and beauty explorer in the new technology era”. We regard our product excellence, brand reputation and operational capability as our core competencies, and we position our research and development (R&D) capabilities and access to consumer insights as our strongholds. Since inception, we have been making unremitting efforts to serve our consumers, employees, and the society at large. We have integrated environmental, social and governance (ESG) considerations into our decisionmaking process. We seek to remain highly attuned with the needs of our various stakeholders and communities, and place ESG at the forefront of our long-term development focus.
While continuously promoting its corporate development, Yatsen always adheres to the concept of green development and low-carbon operation and pays constant attention to the environmental impact brought by its operation. In addition, we are committed to reducing our carbon footprint through addressing climate change, carbon verification of our products, sustainable procurement, sustainable packaging and efficient operation, so as to contribute to the realization of the "double carbon" strategic goal of China.
Yatsen is committed to shouldering its corporate responsibility and social responsibility to transmit positive energy to society. Yatsen helps to make life better with its goodwill and gives back to the society with its actions such as active participation in public welfare undertakings, focus on empowering women, promotion of nature conservation, and support of fight against COVID-19 epidemic and disaster relief.
Yatsen regards responsible governance as a core value of the Company. With our sound governance structure, we pay special attention to managing enterprise risk, defending our business ethics, improving the level of group governance, as well as promoting the sustainable and healthy development of the Company. While striving to achieve responsible governance, we are focused on the expectations and suggestions of our stakeholders regarding ESG matters, and incorporate sustainable development into our governance philosophy.