Sustainable Finance Framework1State-of-the-art green technologies – including liquid cooling,solar and wind energy – in Alibaba data centers lower energy consumption and ensure environmentally-friendly operationsTable of ContentsIntroduction2About Alibaba GroupThe Framework3Framework Overview4Framework Scope5Use of Proceeds6Project Evaluation and Selection7Management of Proceeds8Reporting9Independent ReviewAppendix10Eligible Project CategoriesALIBABA GROUP SUSTAINABLE FINANCE FRAMEWORK 2021IntroductionNote:(1)Gross merchandise value transacted through the Alibaba ecosystem mainly includes amounts transacted through our China retail marketplaces, as well as amounts transacted through our international retail marketplaces andlocal consumer services.Alibaba Group Holding Limited (“Alibaba Group”, “Alibaba”, “we”, “us”, “our”) is comprised of businesses in core commerce, cloud computing, digital media and entertainment, and innovation initiatives. A digital economy has developed around our platforms and businesses that include consumers, merchants, brands, retailers, third-party service providers, and strategic alliance partners. The Alibaba ecosystem generated over US$1 trillion in gross merchandise value in the 12 months ended June 30, 20201.Our mission is to make it easy to do business anywhere. Our founders started Alibaba Group in 1999 to champion small businesses, in the belief that the Internet would level the playing field by enabling small enterprises to leverage innovation and technology to grow and compete more effectively in domestic and global economies. We do not pursue size or power, but rather we aspire to be a good company that will last 102 years. We make decisions based on how they serve our mission over the long-...
