NaaS Technology Take Center Stage at COP28 to Accelerate Sustainability in Transport Energy Transformation
02 December 2023 - 2:28PM
NaaS Technology Inc. (NASDAQ: NAAS), the first U.S. listed EV
charging service company in China, inaugurated the NaaS Exhibition
Hall at the Dubai Chambers' China Innovation Centre, during the
28th United Nations Climate Change Conference (COP28) held in
Dubai. The showcase, featuring a full range of NaaS's innovative
product portfolios, was attended by officials from the Chambers,
partners, shareholders, investors and government representatives.
The inauguration of NaaS’s Exhibition Hall follows the company’s
first appearance at the Electric Vehicle Innovation Summit (EVIS),
held in Abu Dhabi in May 2023, to reaffirm the company’s commitment
in supporting EV charging services in the Middle East. Moreover,
NaaS’s MOU signing with China Innovation Centre at Dubai Chambers
in November underscored the commitment of both parties to
collaborating and exploring opportunities to strengthen bilateral
economic and commercial relations. The Middle East markets have
also shown strong investments in EV charging infrastructure to
foster this growth—an encouraging sign that the region is beginning
to rapidly transition to electric mobility.
Commenting on the opening ceremony of NaaS Exhibition Hall, Yubo
Zhai, General Manager of NewLink Carbon-Neutrality Business, said:
“The hall exemplifies our achievements in initiating a global
impact through our digital energy products and solutions to support
the rapid growth of electric vehicles, as well as the goal of
advancing the development of renewable energy and green technology
industries within the region.”
In parallel with the inauguration of the Exhibition Hall, NaaS
also represented enterprise activist in the realm of climate change
at COP28, where the world came together to agree on ways to address
the climate crisis, such as limiting global temperature rise to 1.5
degrees Celsius and achieving net-zero emissions by 2050. At COP28,
the United Nations will conduct its first-ever Global Stocktake
(GST) – the results of a two-year process to evaluate how far the
world has come in the fight against climate change.
The COP28 summit is the first formal assessment of progress for
countries to meet their agreed-upon targets since the drafting of
the Paris Agreement in 2015. Discussions at COP28 focused on how
countries can significantly reduce emissions, including decreasing
the production of fossil fuels, expanding renewable energy sources
and increasing investment in climate change-related
initiatives.
NaaS has consistently underscored the crucial role of supporting
electric vehicles as a key strategy in transforming the global
transportation industry and thus making significant contribution to
carbon neutrality through mobility transformation. During the
meetings at COP28, NaaS will be involved in a series of
conversations via keynote speeches and round table discussions on
how to effectively mitigating climate change.
As a pioneer in sustainable energy transformation, NaaS has
embedded ESG governance principles into all aspects of its
business. From integrating renewable energy sources to improving
energy efficiency at every level, the company has achieved
significant results in carbon reduction. In the first half of 2023,
NaaS has reduced carbon emissions by over 1.46 million tons, a 109%
increase compared to the first half of 2022 (700,400 tons).
Furthermore, NaaS has set aggressive carbon reduction targets,
aiming to achieve carbon neutrality for its operations by 2028.
NaaS has been an invited guest at COP for three consecutive
years. At COP27 held in 2022, the company presented its strategies
in reducing emissions from existing fossil fuels and replacing them
with new energy alternatives, demonstrating real-world examples of
energy transformation.
About NaaS Technology Inc.
NaaS Technology Inc. (Nasdaq: NAAS) is the first U.S. listed EV
charging service company in China. The Company is a subsidiary of
NewLink Technology Limited, a leading energy digitalization group
in China. The Company provides one-stop solutions to energy asset
owners comprising charging services, energy solutions and new
initiatives, supporting every stage of energy asset's lifecycle and
facilitating energy transition. As of September 30, 2023, NaaS had
connected 767,611 chargers covering 73,710 charging stations,
representing 41.6% and 50.0% of China's public charging market
share respectively.
- NaaS Technology Take Center Stage at COP28 to Accelerate
Sustainability in Transport Energy Transformation
NaaS Technology Inc.
pr@enaas.com
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