BEIJING, April 24,
2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET)
("VNET" or the "Company"), a leading carrier- and
cloud-neutral Internet data center services provider in
China, today announced that it
has published its 2022 Environmental, Social and Governance
Report (the "2022 ESG Report"), highlighting its 2022 performance
and initiatives related to sustainability, ethical business
practices, digital empowerment, and social responsibility.
"In 2022, we increased our focus on building our SHIELD
(Social-Human-Innovation-Environment-Leadership-Development)
sustainability system and further integrating ESG concepts into
every aspect of our operations," said Jeff
Dong, Chief Executive Officer of VNET. "In December 2022, MSCI raised our ESG rating to 'A',
which represents the highest ranking to-date in China's Internet Services & Infrastructure
industry. I'm proud of how we continue to evolve our practical
capabilities and programs to help promote the harmonious
coexistence between the enterprise, economy, society and
environment. By doing so, we are writing a new chapter in the
sustainable development of the global digital economy. Going
forward VNET will continue to elevate our ESG engagement and
embrace our responsibility to deliver sustainable value for all
stakeholders."
VNET is proud to share its commitment with stakeholders,
including these highlights from the 2022 ESG Report.
- Reported average annual power usage effectiveness (PUE) of 1.37
at VNET's data centers with stabilized operations in 2022.
- Signed a 2023 green power purchase agreement with CGN Solar
Energy for approximately 4 million kWh. The purchase agreement also
contains a green power supply guarantee of approximately 500
million kWh over the next five years.
- Obtained green data center certifications for eight data
centers.
- Achieved zero major IDC operational disruptions and network
outages.
- Passed Anti-bribery Management System (ISO 37001)
certification.
- Achieved 100% coverage of information security training for
employees.
- Increased the percentage of female employees in management
positions to 29%.
To view the full 2022 ESG Report, please visit the Company's
Investor Relations website at https://ir.vnet.com/ or access
the report at https://www.vnet.com/en/esg.html.
About VNET
VNET Group, Inc. is a leading carrier- and cloud-neutral
Internet data center services provider in China. VNET provides hosting and related
services, including IDC services, cloud services, and business VPN
services to improve the reliability, security, and speed of its
customers' internet infrastructure. Customers may locate their
servers and equipment in VNET's data centers and connect to
China's internet backbone. VNET
operates in more than 30 cities throughout China, servicing a diversified and loyal base
of over 7,000 hosting and related enterprise customers that span
numerous industries ranging from internet companies to government
entities and blue-chip enterprises to small- to mid-sized
enterprises.
Safe Harbor Statement
This announcement contains forward-looking statements. These
forward-looking statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"target," "believes," "estimates" and similar statements. Among
other things, quotations from management in this announcement as
well as VNET's strategic and operational plans contain
forward-looking statements. VNET may also make written or oral
forward-looking statements in its reports filed with, or furnished
to, the U.S. Securities and Exchange Commission, in its annual
reports to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including statements about VNET's beliefs and expectations,
are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: VNET's goals and strategies; VNET's expansion plans; the
expected growth of the data center services market; expectations
regarding demand for, and market acceptance of, VNET's services;
VNET's expectations regarding keeping and strengthening its
relationships with customers; VNET's plans to invest in research
and development to enhance its solution and service offerings; and
general economic and business conditions in the regions where VNET
provides solutions and services. Further information regarding
these and other risks is included in VNET's reports filed with, or
furnished to, the U.S. Securities and Exchange Commission. All
information provided in this press release and in the attachments
is as of the date of this press release, and VNET undertakes no
duty to update such information, except as required under
applicable law.
Investor Relations Contact:
Xinyuan Liu
Tel: +86 10 8456-2121
Email: ir@vnet.com
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SOURCE VNET Group, Inc.