VNET Publishes 2023 Environment, Social and Governance Report

Core Insights - VNET Group, Inc. has published its 2023 Environmental, Social and Governance (ESG) Report, highlighting its commitment to sustainability and ethical governance [1][2] Sustainability Initiatives - The company aims to bring green direct-current electricity from data centers to millions of households over the next 25 years [2] - VNET achieved an average annual Power Usage Effectiveness (PUE) of 1.29 in 2023 [2] - The company participated in multi-region green power trading, purchasing approximately 56.90 million kWh of green power in 2023 [2] - VNET obtained a total of 10 green data center certifications [2] Operational Performance - The company reported zero major operational disruptions and network outages in its Internet Data Center (IDC) services [2] - VNET achieved 100% coverage of information security training for its employees [2] Social Responsibility and Governance - The percentage of female employees in management positions increased to 31% [2] - VNET passed the Anti-bribery Management Systems (ISO 37001) certification [2] ESG Ratings and Recognition - VNET received an "A" rating from MSCI for the second consecutive year, the highest ranking in China's Internet Service & Infrastructure industry [2] - The company scored 53 in the 2023 S&P Global Corporate Sustainability Assessment, ranking highest among China's IT Services industry and in the top 11% globally [2] - VNET was awarded a "B" rating on the 2023 CDP Climate Change Questionnaire, surpassing 94% of participants from China [2]