BEIJING, Feb. 6, 2024
/PRNewswire/ -- Recently, S&P Global Corporate Sustainability
Assessment released the latest annual corporate ESG ratings. NaaS
Technology (NASDAQ: NAAS), which participated in the assessment for
the first time, achieved outstanding results. As of February 5, 2024, NaaS' total CSA score reached
60 points, surpassing 98% of its global peers in the retail
industry and significantly exceeding last year's industry average
score of 18 points. This reflects the industry's high recognition
of NaaS' ESG management level.
The S&P Global Corporate Sustainability Assessment (CSA),
initiated in 1999, is one of the largest annual assessments of
corporate sustainable development practices globally. It is also an
important reference for global investors in investment
decision-making and data analysis. The assessment uses a consistent
and systematic analysis method to evaluate companies' corporate
governance, environmental protection, social responsibility, and
other multidimensional indicators. It analyzes an average of 1,000
data points for each company and converts them into ESG scores to
comprehensively reflect the company's ESG management and
information disclosure level.
As a global new energy asset operator, NaaS is driven by the
vision - "Empower the World with Green Energy" and aims to improve
the stability and efficiency of global transport energy network. To
achieve this mission, NaaS has integrated ESG governance into its
corporate development philosophy. The company promotes its own
green development through low-carbon operations and technological
innovation, and collaborates with ecosystem partners to advance the
development of the new energy industry.
In terms of green development, NaaS provides services throughout
the entire new energy industry chain, including charging station
siting consultation, EPC engineering, operation & maintenance,
energy storage, PV and autonomous charging robot. With green
sources, stations and uses, the company enables green and
low-carbon operation in all sectors of charging services.
In the first half of 2023, NaaS reduced 1.463 million tons of
carbon emissions. In the meantime, NaaS has developed and promoted
an inclusive carbon innovation mechanism. By teaming up with
strategic partner Kuaidian, the company motivates users to engage
in cutting carbon emissions by awarding carbon credits. By the end
of 2023, the service has garnered more than 594,000 users.
It is worth mentioning that the practice of sustainable
development by NaaS has been recognized by international
organizations. In August 2023, NaaS
officially joined the Science Based Targets initiative (SBTi) and
became the first new energy charging service company in
China to join SBTi and set
commitment targets. In September, NaaS received a "2" rating from
Moody's for its environmental, social, and corporate governance
(ESG) with a main score of "76". In October, it joined the United
Nations Global Compact (UNGC) and committed to supporting the Ten
Principles of the UNGC.
In 2023, NaaS garnered significant attention and recognition
from diverse sectors, owing to its exceptional performance in ESG
(Environmental, Social, and Governance) practices. It has won
awards such as the People's Corporate Social Responsibility Award
for Green Development from People's Daily, the "Best Listed Company
at ESG Information Disclosure" and was included into "ESG
Innovation Practice Cases for Listed Companies in 2023".
In this assessment, the average score for the retail industry,
the category NaaS falls in, was 18 points last year. NaaS scored 60
points, surpassing 98% of its global peers. This further reflects
the international capital market's recognition of NaaS' fulfillment
of social responsibilities and commitment to sustainable
development.
CONTACT: Sabrina Wang,
wangxuedong@newlink.com
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SOURCE NaaS Technology Inc.