All Things Renew
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ATRenew ESG Overview
We aspire to integrate our operations into the circular economy through a C2B+B2B+B2C closed loop across the entire pre-owned consumer electronics recycling industrial chain. Self-identifying as the "first ESG-related, technology-driven China Concept Stock," ATRenew is committed to integrating ESG into our business model and corporate management. As we strengthen our stakeholder communications and enhance our economic, social and environmental impact, we remain committed to our business and development values and actively seek sustainability opportunities as we grow.
Our Achievements in 2021:
Established ESG Committee and released first annual ESG report
Mapped ATRenew Materiality Matrix while referring to Global Reporting Initiative (GRI) standards. Disclosed key measures of user privacy protection, pre-owned electronics supply chain standardization, and employee protection
Measured business partners’ 2020 carbon footprint across the industry supply chain
Download ATRenew 2020 ESG ReportDownload ATRenew 2020 ESG Report
Our ESG Management Framework
ATRenew established a three-tier structure for ESG management. Under the Board of Directors, the ESG Committee ("ESGC") was founded to promote the construction of our ESG framework, make top-level decisions, and supervise ESG strategy implementation and optimization efforts.
Our ESG Management Framework
Based on the current state of our operation and management, strategic development goals, and third-party best practices, we have identified three ESG management priorities:
1. Environmental: Carbon emission reduction, increased recycling and re-commercialization
2. Social: Industry self-discipline, employee development and social welfare
3. Governance: Top-level governance and information security management
Communication with Stakeholders
We are deeply committed to stakeholder communication. We have established diverse engagement channels to strengthen dialogues with consumers, merchants, employees, shareholders/investors, governments and regulators, communities and the general public, suppliers, and partners. By integrating these mechanisms into our operation and governance, we promote shared and sustainable involvement from all of our stakeholders.
Communication with Stakeholders
Communication with Stakeholders
Communication with Stakeholders
Identification and Determination of Focus Areas
Identification and Determination of Focus Areas
ATRenew identified 30 ESG focus topics by integrating Global Reporting Initiative (GRI) standards and comprehensively screening ESG priority topics from index ratings in the capital markets including MSCI, SASB, and Sustainalytics.