BEIJING, MAY 02, 2022 (GLOBE NEWSWIRE), Kingsoft Cloud Holdings Limited (NASDAQ : KC) (Kingsoft Cloud, or the Company), is a leading independent cloud provider in China. Today, it announced that it published its 2021 Environmental, Governance, and Governance (ESG Report) report.
This is the Company’s second ESG Report. The Company attaches a lot of importance to ESG, and continues to communicate its progress with stakeholders annually.
The Company uses frameworks and standards such the Global Reporting Initiative (GRI), Sustainable Accounting Standards Board (SASB), Standards for Software & IT Services and the Nasdaq Reporting Guide to benchmark key metrics.
Kingsoft Cloud believes that strong ESG governance is essential for the long-term sustainability of the company and its continued prosperity. The Company has made significant improvements in its ESG practices, including but certainly not limited to:
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The primary responsibility for overseeing ESG initiatives at Board level will fall to the nominating committee and corporate governance committee. The Company also established a risk management committee at the top to monitor ESG-related risks.
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The Company has appointed its FIRST FEMALE independent director to its board and adopted a diversity policy for the board, which aims to increase gender diversity and workplace inclusion.
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The Company has been awarded the TRUSTe Enterprise Privacy and Data Governance Certification. This certification demonstrates its commitment to achieving international high standards of privacy.
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The company has achieved its 2021 targets by achieving power usage effectiveness of 1.37 and water usage effectiveness of 2.04, respectively.
The Company will continue to improve ESG practices and strengthen its commitments through operations. It will also strive to attract and keep top talent, encourage positive actions on climate and work with its partners in creating a sustainable society.
To learn more about Kingsoft Clouds ESG efforts and to view the full ESG Report, please visit https://ir.ksyun.com/esg.
About Kingsoft Cloud Holdings Limited
Kingsoft Cloud Holdings Limited is a top independent cloud service provider in China. Kingsoft Cloud provides a reliable, trusted and reliable cloud service to customers in carefully selected verticals. It has a large cloud infrastructure and cutting-edge cloud-native product lines based on robust cloud technology research and development capabilities.
For more information, please visit http://ir.ksyun.com
For media and investor inquiries, please contact:
Kingsoft Cloud Holdings Limited
Nicole Shan
Tel: +86 (10) 6292-7777 Ext. 6300
Email: [email protected]
Christensen
China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: [email protected]
In the US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: [email protected]
