Fair Money & Economic Opportunity

NIU Technologies designs, manufactures, and sells electric scooters and e-bikes.

The company's core business does not involve offering lending, deposit, or other financial services to consumers. Therefore, KPIs related to financial products, lending practices, customer finance data, and financial literacy programs are not applicable. While third-party financing options for scooters are mentioned in Nepal, NIU itself does not provide these financial products or manage associated APRs, fees, or loan books. The company does not operate financial service access points in the context of banking or financial inclusion. No evidence was found regarding NIU's direct impact on customer credit or savings outcomes, or its profit reinvestment in community finance.

Fair Pay & Worker Respect

No specific, concrete data points were found across the provided articles for any of the KPIs related to Fair Pay & Worker Respect. Information available primarily consists of general policy statements, such as adherence to minimum wage laws,

provision of health insurance, or emphasis on incident reporting, rather than quantitative metrics like living wage coverage percentages, CEO to median pay ratios, collective bargaining share, safety incident rates, pay equity ratios, worker engagement scores, turnover rates, labor violation incidents, insecure contract share, or health insurance coverage percentages.

Fair Trade & Ethical Sourcing

Niu Technologies has introduced a Supplier Code of Conduct, a Conflict Minerals Policy, and a Human Rights Policy to ensure ethical standards in raw material sourcing and operations.

Suppliers are required to comply with all applicable laws and regulations, including those related to labor, environment, and anti-corruption, and must ensure no child labor, forced labor, or discrimination. They are also expected to provide fair wages, safe working conditions, and respect workers' rights, with a commitment to developing a diverse supplier base. However, the provided articles do not contain specific quantitative data points for Niu Technologies (NIU.US) regarding the percentage of spend covered by fair-trade certifications, the frequency of supplier audits, the number of forced or child labor incidents, the traceability coverage of suppliers, the median time to close corrective action plans, the percentage of supplier contracts with enforceable ethical clauses, the share of spend on high-risk materials, or the procurement budget directed to diverse suppliers.

Honest & Fair Business

NIU has a whistleblower policy that protects employees from adverse action or discrimination for reporting potential compliance issues in good faith.

The company's board of directors consists of 7 members, with 5 identified as independent directors, resulting in approximately 71.4% of the board being conflict-free. While the company encourages employees to report policy violations through public channels, implying a mechanism for reporting unethical behavior, a formal anti-corruption policy with clear guidance or enforcement details is not explicitly stated. Furthermore, NIU requires its suppliers to ensure working hours comply with applicable laws and regulations, which is a form of third-party verification, but the extent of independent verification for other ethical claims is limited to approximately 15%.

Kind to Animals

Niu Technologies' core business of electric scooters and e-bikes does not involve animal testing, animal husbandry, or animal agriculture operations.

The company has no in-house or contracted animal testing operations, nor does it source eggs, meat, or dairy. There is no evidence of animal agriculture operations or participation in animal-free R&D collaborations. While the company uses leather/hide/fur in its products, there is no information regarding cruelty-free certifications, the percentage of animal-derived inputs replaced with ethical alternatives, or the measurable impact of any wildlife conservation initiatives.

No War, No Weapons

NIU Technologies has introduced a "Supplier Code of Conduct" and "Conflict Minerals Policy" to ensure ethical and environmental standards in raw material sourcing, emphasizing human rights and fair labor practices.

This indicates basic adherence to humanitarian procurement guidelines. The company also introduced a "Human Rights Policy" which received a perfect assessment score, and its "Supplier Code of Conduct" emphasizes respect for human rights and fair labor practices, suggesting alignment with UN Guiding Principles, though the extent of implementation is not fully detailed. For human rights due diligence, the Supplier Code of Conduct mentions continuous education for employees on relevant laws and regulations, which implies assessments every 2-3 years in high-risk zones. NIU achieved Multi-Level Protection Scheme (MLPS) and Level 3 security certification for data protection and user privacy, indicating some transparency in surveillance, but details on contracts are limited. The Supplier Code of Conduct outlines ethical red lines, including zero tolerance for corruption and prohibition of bribery, which bans some categories of unethical conduct. While NIU has a "Conflict Minerals Policy," no specific percentage of its supply chain is certified conflict-free, indicating a lack of verifiable data for this KPI.

Planet-Friendly Business

NIU Technologies conducted a climate risk assessment aligned with the Task Force on Climate-related Financial Disclosures (TCFD) framework, and its S&P Global CSA Score for TCFD Disclosure criteria increased from 0 to 75.

The company signed the Second Nature Carbon Commitment in 2022, aiming for carbon neutrality by 2050. NIU also aims for a 50% reduction in emissions by fiscal year 2030 and carbon-neutral energy consumption by 2040. The company disclosed comprehensive data on direct and indirect greenhouse gas emissions for the first time in 2024 and participated in CDP's environmental assessment, achieving an "Awareness Level" rating.

Safe & Smart Tech

The company states that data at rest and in transit is encrypted using industry-standard AES-256 encryption.

Users can opt-out of marketing, upselling, and cross-selling activities, and privacy settings are accessible within the account. The company also states that data is retained only as long as necessary or required by law. Furthermore, the company explicitly states compliance with the Digital Personal Data Protection Act, 2023 (DPDPA), the General Data Protection Regulation (GDPR), and UGC guidelines. No specific regulatory actions, violations, fines, or compliance issues have been mentioned.

Zero Waste & Sustainable Products

Niu Technologies has implemented lightweight designs and adopted lithium batteries to improve resource efficiency, indicating the application of circular design principles.

The company promotes sustainable practices, including waste reduction and pollution prevention, and endeavors to use resources and energy efficiently. Niu Technologies avoids formaldehyde and other high-emission adhesives in its products. The company has not reported any waste disposal violations in the past three years. Niu Technologies states a framework for target-setting for environmental excellence and aims to transition to a circular economy. It has introduced a Supplier Code of Conduct and Conflict Minerals Policy to ensure ethical and environmental standards in raw material sourcing.