BEIJING, April 28, 2022 /PRNewswire/ — VNET Group, Inc. (NASDAQ: VNET) (“VNET” or the “Company”), a leading carrier- and cloud-neutral provider of Internet data center services in China, announced today that it has released its 2021 Environmental, Social and Governance (ESG) report. The report describes the company’s ESG strategy, ongoing initiatives and achievements in ESG performance.
“In the highly dynamic market in which we operate, long-term commitments and responsibility to our industry, the environment and society are key to our continued success. As our industry shifts to green data center operations and the world embraces sustainable business management as it should be, we are committed to building VNET as a positive force for the betterment of society,” said Samuel Shen, CEO of VNET. “We continually strive to improve our ESG management practices through a variety of initiatives and have implemented numerous sustainability projects in line with the national climate change strategy, alongside digital empowerment and collective value creation for the industry.”
“For more than two decades, we have been committed to advancing a wide range of ESG initiatives within the stakeholders we serve. Our 2021 ESG Report introduces these initiatives and demonstrates our commitment to embedding sustainability into every aspect of our operations. As a leading national company and global industry player, VNET will continue to lead by example. Through our actions, we are committed to bringing a greener, more prosperous and more harmonious future to our employees, partners, society and the environment,” concluded Mr. Shen.
Highlights of VNET’s 2021 ESG Report include:
- VNET has set itself the goal of achieving CO2-neutral operation (Scope 1 and Scope 2) and 100 percent use of renewable energies by 2030.
- In terms of energy efficiency, the average PUE of VNET’s stabilized data centers in 2021 was 1.37, well below the industry average.
- Three VNET data centers have been awarded National Green Data Center ratings for their operations and two data centers have received 5A Green Data Center Ratings, demonstrating VNET’s achievements in meeting long-term goals to reduce carbon emissions.
- VNET is the premier data center services provider in China Disclose third-party verification for the results of its carbon inventory.
To view the full ESG report, please visit the Company’s Investor Relations website at https://ir.vnet.com/ or access the report at https://www.vnet.com/en/esg. html to
VNET Group, Inc. is a leading provider of carrier and cloud neutral internet data center services in China. VNET provides hosting and related services, including IDC services, cloud services, and business VPN services, to improve the reliability, security, and speed of its customers’ Internet infrastructure. Customers can place their servers and devices in VNET’s data centers and connect to China’s Internet backbone. Operating in more than 30 cities across China, VNET serves a diversified and loyal base of over 6,500 hosting and related enterprise customers spanning numerous industries from internet companies to government agencies and blue-chip companies to small and medium-sized businesses.
Safe Harbor Declaration
This release contains forward-looking statements. These forward-looking statements are made in accordance with the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. These statements are qualified by terms such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “goal,” “believes,” “estimates,” and similar statements. Among other things, quotations from management in this announcement and VNET’s strategic and operational plans contain forward-looking statements. VNET may also make written or oral forward-looking statements in its reports filed with or submitted to the US Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials, and in oral statements by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about VNET’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: VNET’s goals and strategies; VNET’s expansion plans; the expected growth of the data center services market; expectations regarding demand and market acceptance of VNET services; VNET’s expectations in maintaining and strengthening its relationships with customers; VNET’s plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where VNET provides solutions and services. Additional information regarding these and other risks is included in VNET’s reports filed with or submitted to the US Securities and Exchange Commission. All information provided in this press release and attachments is as of the date of this press release and VNET assumes no obligation to update this information, except as required by applicable law.
Investor Relations contact:
Phone: +86 (10) 8456-2121
E-mail: [email protected]
SOURCE VNET Group, Inc.