ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

NaaS 2022 ESG report highlights 1.8 million tons carbon emission reduction, a YoY increase of 106%

New York, June 28, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (NASDAQ: NAAS) , the first U.S. listed EV charging service company in China, disclosed Environmental, Social and Governance (ESG) performance for 2022. The Company reduced carbon emissions by 1,847,700 tons, an increase of 106.22% compared with 896,000 tons in 2021.

The newly released ESG report covers the data and achievements of the Company in four areas, green and low-carbon operation, technological innovation, protection of employees' rights and interests, and commitment to community welfare.

Amidst the global low-carbon transformation trend, the Company achieved significant growth in 2022 while placing climate change and broader ESG issues at the core of its strategy and integrating the concept of green development into its daily operations. In the year, the Company reduced carbon emissions by 1,847,700 tons, an increase of 106.22% compared with 896,000 tons in 2021.

Under the influence of Ms. Yang Wang, the founder & CEO, the Company fosters the development of female employees in all aspects and pays attention to their well-being as it provides both female and male employees with equal opportunities. The Company also actively promotes exchanges among female leaders worldwide.

As ESG becomes an important criterion to determine a company's long-term value and ESG investment expands as a global trend, NaaS has attracted the attention of ESG funds domestically and internationally. On April 22, NaaS was included in the Invesco WilderHill Clean Energy ETF (Ticker: PBW).

NaaS aims to establish a more robust ESG management framework based on its core business. The Company remains committed to strengthening its ESG governance and continuously driving sustainable development for both the Company and society.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company provides one-stop EV charging solutions to charging stations comprising online EV charging, offline EV charging and innovative and other solutions, supporting every stage of the station lifecycle. As of March 31, 2023, NaaS had connected over 575,000 chargers covering 55,000 charging stations, representing 40% and 49% of China's public charging market share respectively. On June 13, 2022, the American depositary shares of the Company started trading on Nasdaq under the stock code NAAS.

For media inquiries, please contact: pr@enaas.com


NaaS Technology Inc.
nicole.zhang@ecoinst.ca

Recent Quotes

View More
Symbol Price Change (%)
AMZN  248.40
+3.99 (1.63%)
AAPL  269.43
+0.96 (0.36%)
AMD  243.98
+10.44 (4.47%)
BAC  53.42
+0.22 (0.41%)
GOOG  290.59
+10.89 (3.89%)
META  631.76
+10.05 (1.62%)
MSFT  506.00
+9.18 (1.85%)
NVDA  199.05
+10.90 (5.79%)
ORCL  240.83
+1.57 (0.66%)
TSLA  445.23
+15.71 (3.66%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.