Color is not claimed as a feature of the mark.
The mark consists of one tick with a semicircle, and stylized UG inside; and UG-NIBA in stylized form; and four Chinese words which transliterate into 'HUAN QIU. NAI BA'.
The non-Latin characters in the mark transliterate to 'HUAN QIU' and this means 'global' in English. The non-Latin characters in the mark transliterate to 'NAI BA' and this has no meaning in a foreign language.
The wording 'UG-NIBA' has no meaning in a foreign language.