ATRenew Inc., a technology-driven platform for pre-owned consumer electronics transactions in China, has released its 2024 Environmental, Social and Governance $(ESG)$ Report. The report outlines the company's developments in green recycling, low-carbon transition, corporate governance, and technological innovation. ATRenew's ESG performance improved its S&P Corporate and Sustainability Assessment score to 35, placing it in the top 7% of companies in its industry. The company also established emissions reduction targets, aiming to reduce Scope 1 & 2 emission intensity by 35% and Scope 3 by 50% by 2030, using 2024 as the baseline. Additionally, ATRenew has renewed its ISO 14001 environmental management system certification and contributed to the development of industry standards. The company's governance framework includes a three-tier structure, and its Risk Management Committee addressed 24 risk issues over the past year.
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