Qudian Inc..
QD.US | Other credit granting
Qudian Inc. is a Chinese technology platform providing online consumer finance. It primarily offers small, short-term loans to young, mobile-active consumers in China through its mobile applications. The company connects borrowers with funding partners, including financial institutions and other len...Show More
Better Health for All
-20
Qudian's core business of online consumer finance has significant negative health impacts. Annualized interest rates on 59.5% of its loans surpassed 36%.
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The company is alleged to engage in predatory lending practices, targeting vulnerable borrowers including young individuals, those with poor credit, and college students.
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Allegations also include aggressive debt collection practices
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and that many customers used loans to repay existing debts, which can exacerbate financial distress.
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These practices contribute to major negative mental health externalities due to financial stress and debt cycles. No evidence is available regarding health innovation investment, health equity programs, or mental health initiatives.
Fair Money & Economic Opportunity
-40
The company's maximum effective annualized rate (APR) for transactions on its mobile applications is 36%.
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For transactions through Alipay's consumer interface, the maximum effective annualized rate is 24%, effective November 30, 2017.
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Fair Pay & Worker Respect
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The provided articles do not contain specific, quantitative data points for any of the KPIs under the 'Fair Pay & Worker Respect' ethical value for Qudian Inc. Information regarding living wage coverage, CEO-to-median employee pay ratio, collective bargaining share, safety incident rates, pay equity ratio, worker engagement scores, employee turnover rate, labor violation incidents, insecure contract share, or health insurance coverage is not available.
Fair Trade & Ethical Sourcing
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The provided article, a press release from Qudian Inc., explicitly states that no quantitative data related to fair trade, ethical sourcing, or other metrics in the KEY METRICS list were provided.
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Therefore, there is no evidence to assess the company against any of the Fair Trade & Ethical Sourcing KPIs.
Honest & Fair Business
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No specific, concrete data points or qualitative descriptions relevant to any of the 'Honest & Fair Business' KPIs were found in the provided articles. The articles primarily discuss changes in the independent registered public accounting firm (from EY to BDO on September 6, 2024
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, and then from BDO to Marcum Asia CPAs LLP on January 31, 2025
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) and a board of directors change (David Cui appointed on May 11, 2024
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). There is no information detailing regulatory fines, transparency index scores, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict-free percentages, anti-corruption policies, or third-party verification of ethical claims.
Kind to Animals
0
The provided articles are financial reports and investor relations information for Qudian Inc., an online consumer finance technology platform. They explicitly state that no data relevant to Kind to Animals or animal welfare is present.
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The company's core business model does not involve animal products, animal testing, animal agriculture, or activities that directly impact wildlife habitats, rendering the KPIs for this value not applicable based on the available evidence.
No War, No Weapons
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The provided article focuses on Qudian Inc.'s corporate profile, financial results, and investor relations.
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It contains no information regarding arms sales, defense contracts, dual-use technologies, or any other metrics relevant to the 'No War, No Weapons' ethical value. Therefore, no data can be extracted for any of the requested KPIs.
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Planet-Friendly Business
0
No information regarding planet-friendly business metrics, such as greenhouse gas emissions, renewable energy use, water consumption, waste diversion, climate-related policies, or environmental compliance, is provided in the available articles. The articles focus exclusively on financial performance and share repurchase programs.
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Respect for Cultures & Communities
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The provided articles are primarily financial reports and announcements of annual report filings for Qudian Inc. They explicitly state that no data related to cultural or community engagement metrics, social responsibility practices, or other metrics relevant to 'Respect for Cultures & Communities' is available.
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Therefore, no specific, concrete data points could be extracted to score any of the KPIs in the rubric.
Safe & Smart Tech
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No specific, scorable evidence was found in the provided articles for any of the Key Performance Indicators related to Safe & Smart Tech. While articles mention Qudian's use of AI for credit assessment
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and alleged data breaches or leaks from 2017
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,
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,
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, there is no information on AI ethics governance, cybersecurity investment, privacy certifications, or other relevant metrics. The alleged 2017 data breaches fall outside the 'past 3 years' timeframe specified in the rubric for data breach severity and unauthorized data use, and no outcomes of related regulatory investigations were provided.
Zero Waste & Sustainable Products
0
No specific, concrete data points or initiatives related to waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education were found in the provided articles for Qudian Inc. The articles primarily discuss legal matters or the launch and operational details of the QD Food business
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.