#Green Energy #ESG Report #NaaS Technology

NaaS Technology Inc. Unveils 2024 ESG Report

NaaS Technology Inc. (Nasdaq: NAAS) has published its 2024 Environmental, Social, and Governance (ESG) Report, highlighting its impressive strides in sustainability and governance. As the pioneering U.S.-listed EV charging service provider in China, NaaS emphasizes its dedication to a greener future, reinforcing its strategic goals in environmental stewardship and social responsibility.

Key Highlights of the 2024 ESG Report

The report details several significant achievements and initiatives aimed at reducing carbon footprints and promoting innovative practices in the EV sector.

1. Promoting Green Transition

In a major milestone, NaaS reported a remarkable reduction of approximately 3.22 million tons of carbon emissions through its EV charging services. This achievement contributed to more than a 47% decrease in the company’s overall greenhouse gas emissions. A standout project under the NaaS umbrella is the Anji Heavy Truck Integrated Energy Station, which became the first facility in China to gain the esteemed FAST-Infra certification for sustainable infrastructure.

2. Innovation at the Forefront

NaaS's commitment to technological advancement is evident in its activities over the past year. The company filed for 56 new patents and was granted 38, illustrating its emphasis on innovation. Moreover, NaaS became a member of the AI Application Alliance alongside reputable firms like Huawei and Alibaba Cloud, focusing on the integration of AI to improve its services further.

3. Collaborative Ecosystem Development

NaaS also took significant steps towards building a collaborative ecosystem by co-producing the 2024 White Paper on Carbon Inclusion Development with 14 partner organizations. This effort was complemented by facilitating China's inaugural carbon reduction transaction for EV services, engaging over one million carbon account users.

4. Recognition in ESG Ratings

NaaS has demonstrated commendable performance in international ESG rating frameworks in 2024. The company scored a notable 72 points in the SP Global Corporate Sustainability Assessment (CSA), placing first in China’s retail sector and seventh globally, ranking within the top 1% of global performers. It also received an