NetEase Cloud Music Inc. 2023 AR2
The report highlights Cloud Music Inc.'s financial and sustainability achievements for the fiscal year 2023, marking its first profitable year with a net profit of RMB734.2 million. In sustainability, the company expanded its music-centric ecosystem, supporting nearly 684,000 registered independent artists and accumulating approximately 149 million music tracks. On the environmental front, the company implemented smart energy management systems across its office spaces and tracked its greenhouse gas emissions, recording 2,085.89 tonnes of CO2e for Scope 1 and 2. Additionally, the company prioritized data security and user privacy, upgrading its sensitive data protection mechanisms and achieving a 94.91% customer satisfaction rate.
Company: NetEase Cloud Music Inc.
Sector: Media & publishing
Country: China
Year: 2023
Type: AR2
Pages: 186
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NetEase Cloud Music Inc.
Annual Report
The report highlights Cloud Music Inc.'s financial and sustainability achievements for the fiscal year 2023, marking its first profitable year with a net profit of RMB734.2 million. In sustainability, the company expanded its music-centric ecosystem, supporting nearly 684,000 registered independent artists and accumulating approximately 149 million music tracks. On the environmental front, the company implemented smart energy management systems across its office spaces and tracked its greenhouse gas emissions, recording 2,085.89 tonnes of CO2e for Scope 1 and 2. Additionally, the company prioritized data security and user privacy, upgrading its sensitive data protection mechanisms and achieving a 94.91% customer satisfaction rate.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Workplace Fatalities
Employees