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VNET publishes the 2021 Environment, Social and Governance Review
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VNET publishes the 2021 Environment, Social and Governance Review

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BEIJING, April 28, 2022/PRNewswire/ VNET Group, Inc. NASDAQ: VNET (“VNET” or “Company”) is a leading provider of Internet data centers services that are both carrier- and cloud-neutral. ChinaToday,, announced that its 2021 Environmental, Social and Governance Report (ESG report) has been published. The report details the Company’s ESG strategy as well as ongoing initiatives and achievements in ESG performance.

“In the highly dynamic marketplace in which we operate, our continued success is dependent on our ability to uphold long-term commitments to our industry, society, and the environment. We are committed to building VNET to improve society as our industry shifts towards green data center operations and the world embraces sustainable enterprise management like it should. Samuel ShenVNET’s Chief Executive Officer,. “We continually strive to improve ESG management practices through various initiatives. In concert with the national strategy about climate change, have implemented numerous sustainability programs, along digital empowerment, collective value creation for industry.

“We have been committed to supporting a wide range ESG initiatives within the stakeholder groups we serve for more than 20 years. These initiatives are highlighted in our 2021 ESG Report, which demonstrates our commitment towards integrating sustainability into all aspects of our operations. VNET, a national leader and global player in the industry, will continue to set the standard. “We are committed to bringing a more green, prosperous, and harmonious future to our partners, employees, society, and the environment through our actions,” concluded Mr. Shen.

Highlights from VNET’s 2021 ESG Report include:

  • VNET established targets to achieve carbon neutral operation (Scope 1 & Scope 2), and 100% renewable energy usage by 2030.

  • VNET’s stabilized data center had an average PUE of 1.37 in 2021. This is significantly lower than the industry average.

  • VNET’s three data centers were named “National Green Data Center” while two data centers were given “5A Green Data Center Ratings.” These ratings are a testament to VNET’s long-term efforts in reducing carbon emissions.

  • VNET is the premier provider of data center services in ChinaThird-party verification is required for carbon inventory results.

Visit the Investor Relations site of the Company to view the complete ESG report. https://ir.vnet.com/ or access the report at https://www.vnet.com/en/esg.html

VNET

VNET Group, Inc., is a top provider of Internet data center services for China’s carriers and the cloud. VNET offers hosting and related services, such as IDC services, cloud services and business VPN services. This helps to improve the reliability and security of its customers’ internet infrastructure. Customers can connect to China’s Internet backbone by locating their servers or equipment in VNET data centers. VNET has offices in more than 30 Chinese cities. It serves a diverse and loyal customer base of over 6,500 hosting customers and related enterprise customers. These customers span many industries, including Internet companies, government entities, blue-chip businesses, small- and medium-sized enterprises as well as Internet companies.

Safe Harbor Statement

This announcement contains forward-looking information. These forward-looking statements are made within the U.S.’s “safe harbor” provisions. Private Securities Litigation Reform Act of 2015. These statements can be identified using terminology such as “will”, “expects,””anticipates,”,”future,”,”future,”,”intends,”,”plans,” plans,” targets,”believes,” estimates, and similar statements. Forward-looking statements can be found in this announcement, as well as VNET’s strategic and operational plans. VNET may make oral or written forward-looking statements in reports it files with the U.S. Securities and Exchange Commission. These statements can be found in annual reports to shareholders, press releases, and oral statements by its officers, directors, and employees to third parties. Forward-looking statements include statements that are not historical facts and statements about VNET’s beliefs, expectations, and plans. Forward-looking statements are subject to inherent risks and uncertainties. Many factors could cause actual results and outcomes to differ materially from the forward-looking statements. These include VNET’s strategies and goals; VNET’s expansion plans; VNET’s expected growth in the data center services industry; VNET’s expectations regarding the demand for and market acceptance of VNET’s services; VNET’s expectations regarding keeping and consolidating its relationships with customers; VNET’s plans and investments in research and development to improve its solution offerings and service offerings; and the general economic conditions in the areas where VNET provides services and solutions and services. These and other risks are discussed in VNET’s reports to the U.S. Securities and Exchange Commission. This press release and the attachments reflect the current date. VNET assumes no obligation to update this information, except as required by applicable law.

Contact us for Investor Relations

Xinyuan Liu
Tel: +86 (10) 8456-2121
Email: [email protected]

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View original contenthttps://www.prnewswire.com/news-releases/vnet-publishes-2021-environment-social-and-governance-report-301535210.html

SOURCE VNET Group, Inc.

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