Prnewswireยท2025-05-13 10:38Core Viewpoint - Tuya Inc. has received an upgrade in its ESG rating from MSCI, moving from 'A' to 'AA', highlighting its commitment to sustainability and responsible business practices [1][2][3] Company Overview - Tuya Inc. is a leading global AI cloud platform service provider focused on building an AIoT developer ecosystem [4] - The company offers a comprehensive suite of services, including Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), and smart solutions for various industries [4] ESG Rating Improvement - The upgrade to 'AA' reflects Tuya's strong performance in data privacy, security, governance enhancements, and energy efficiency contributions through smart technology [2][3] - MSCI's ESG Ratings serve as a benchmark for investors interested in sustainable business practices, with ratings ranging from AAA to CCC [3] Commitment to Sustainability - The company emphasizes that sustainability is integral to its operations and innovation, aiming to deliver long-term value for stakeholders [3] - Tuya is dedicated to supporting global efforts towards a greener and more secure future through smart technology [3]