BEIJING, Dec. 12,
2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq:
NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging
service company in China, today announced that Sustainable
Fitch has affirmed its ESG Entity Rating of '2' and increased its
entity score to 78 from 76. The Company ranks first in Asia-Pacific and eleventh worldwide, among 170
rated companies across seven industries, including
Electric-Corporate, Energy, Natural Resources, Power, Power Market
and Generation, Utilities, and Infrastructure.
Sustainable Fitch's ESG Ratings indicate an entity's
performance, commitment, and integration of environmental and
social considerations into its business, strategy and management,
and the effectiveness of governance. The ratings are provided on a
scale of '1' to '5', with '1' being the best.
NaaS's rating of '2' underscores its strong,
ongoing performance in environmental, social, and
governance (ESG) aspects, and maintains the Company's position as a
frontrunner in the EV charging industry regarding sustainability.
The Company's improved score is primarily attributed to the
growth of its green energy solutions business, including expanded
services, geographical reach, and client base. Significantly, NaaS
is the first company in China to
be awarded the "pure-play" label by Sustainable Fitch. This
recognition highlights NaaS's commitment to climate change
mitigation through its innovative EV charging services.
Sustainable Fitch highlighted NaaS's comprehensive climate
change management system, which aligns with IFRS S2 standards. The
Company has also set targets to achieve Scopes 1 and
2 carbon neutrality and 100% renewable energy use by 2028.
In terms of social responsibility, NaaS adheres to international
standards such as the UN Global Compact and actively contributes to
China's rural revitalization by
expanding EV charging services in rural areas.
On the governance front, NaaS benefits from a solid internal
control and risk management system, coupled with a low CEO pay
ratio, reflecting its commitment to sound governance practices.
NaaS has fully embedded ESG governance into its business
strategy, prioritizing carbon emission reduction and promoting
green development throughout the EV charging value chain. The
Company's "Green Charging, Green World" strategy, underpinned by
the five pillars of Governance, Reinvention, Eco-consciousness,
Empathy, and Nurture ("GREEN"), sets a new standard for
sustainability, guiding all aspects of its operations.
Looking ahead, NaaS remains dedicated to continuously enhancing
its ESG practices, driving long-term sustainable growth, and making
a positive impact on both the environment and society. With a clear
focus on sustainability, the Company is committed to playing a
pivotal role in the global transition to a low-carbon future.
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 solutions to energy
asset owners comprising charging services, energy solutions and new
initiatives, supporting every stage of energy assets' lifecycle and
facilitating energy transition.
Safe Harbor Statement
This press release contains statements of a forward-looking
nature. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. You can identify these forward-looking statements by
terminology such as "will," "expects," "believes," "anticipates,"
"intends," "estimates" and similar statements. These
forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations, assumptions,
estimates and projections about the Company and the industry. All
information provided in this press release is as of the date
hereof, and the Company undertakes no obligation to update any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that its expectations will turn
out to be correct, and investors are cautioned that actual results
may differ materially from the anticipated results. 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: NaaS' goals and strategies; its future
business development, financial conditions and results of
operations; its ability to continuously develop new technology,
services and products and keep up with changes in the industries in
which it operates; growth of China's EV charging industry
and EV charging service industry and NaaS' future business
development; demand for and market acceptance of NaaS' products and
services; NaaS' ability to protect and enforce its intellectual
property rights; NaaS' ability to attract and retain qualified
executives and personnel; the COVID-19 pandemic and the effects of
government and other measures that have been or will be taken in
connection therewith; U.S.-China trade war and its effect on
NaaS' operation, fluctuations of the RMB exchange rate, and NaaS'
ability to obtain adequate financing for its planned capital
expenditure requirements; NaaS' relationships with end-users,
customers, suppliers and other business partners; competition in
the industry; relevant government policies and regulations related
to the industry; and fluctuations in general economic and business
conditions in China and globally. Further information
regarding these and other risks is included in NaaS' filings with
the SEC.
For investor and media inquiries, please
contact:
Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com
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SOURCE NaaS Technology Inc.