In June, AHS Recycle added a net total of 20 new self-operated standard stores in cities such as Chongqing, Chengdu, Changsha, Nanjing, Shanghai, and Shenzhen. At the same time, it strengthened partnerships with local business owners in provinces including Guangdong, Guangxi, Zhejiang, Jiangsu, Henan, Hubei, Guizhou, Anhui, Shandong, Liaoning, and Xinjiang, adding a net total of 26 new franchised standard stores. This expansion enhances AHS Recycle’s fulfillment capabilities for users in broader markets.
ATRenew released its 2024 Environmental, Social, and Governance (ESG) Report, setting carbon reduction targets for the first time. The company aims to reduce Scope 1 and Scope 2 greenhouse gas emissions intensity by 35% and Scope 3 emissions intensity by 50% by 2030, using 2024 as the baseline. Overall employee satisfaction improved from 4.64/5 in 2023 to 4.71/5 in 2024, reflecting stronger employee recognition of the positive and motivating work environment. Throughout the year, the Risk Management Committee held seven meetings, effectively identifying and resolving 24 risk issues. Additionally, the company achieved 100% remediation of SOX internal control deficiencies, demonstrating its standardized and rigorous management capabilities.
The 3rd China Corporate Carbon Neutrality Performance Awards were officially announced, with 24 outstanding companies recognized across four major awards for their exceptional contributions to carbon neutrality and high-quality development. ATRenew was honored with the Green Innovation Performance Award. The Green Innovation Performance Award recognizes enterprises that actively advance sustainable development goals in carbon neutrality, demonstrating pioneering models and industry-leading standards.