Technology
ATRenew Releases 2023 ESG Report
Published
2 years agoon
By
SHANGHAI, June 26, 2024 /PRNewswire/ — ATRenew Inc. (“ATRenew” or the “Company”) (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today released its 2023 environmental, social, and governance (“ESG”) report (the “Report”). This marks the fourth consecutive year of disclosing the Company’s steadfast commitment to advancing the circular economy and promoting sustainable consumption. The Report addresses the concerns of key stakeholders, including users, employees, investors, regulatory agencies, and communities, regarding sustainable development.
To view the report in full, please visit ir.atrenew.com. Highlights of the Company’s ESG efforts include:
Green Operations and Environmental Protection through Energy Conservation and Emissions Reduction:
Continuing to Optimize Energy Management and Greenhouse Gas Emissions Performance: During the reporting period, ATRenew’s greenhouse gas emissions intensity (scope 1 + scope 2) was recorded at 0.28 tons of CO2 equivalent per million RMB, a decrease of approximately 6.67% compared to 2022. This marks the fourth consecutive year of reduced carbon emissions, demonstrating the Company’s effective energy conservation and emissions reduction initiatives.Systematically Identifying and Assessing Climate Risks and Opportunities: Following the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the Company established an “identify-assess-manage-monitor” climate risk management process, and conducted Central Banks and Supervisors Network for Greening the Financial System (NGFS) 1.5°C and 3°C scenario analyses. This was the first systematic identification of climate risks and opportunities, significantly enhancing climate risk management.Expanding Reuse of Packaging Materials: ATRenew procured more environmentally friendly and durable packaging materials, promoting circularity and reducing the usage of packaging materials. The Company’s B2B business reused 24 tons of packaging filler materials during 2023, while the B2C business reused 192,000 packaging units during the same period.Responsibly Disposing of Electronic Waste: ATRenew collaborated with third-party recyclers qualified in the recovery of renewable resources. In total, through ATRenew, qualified recycler partners dismantled 111,700 electronic devices in an eco-friendly way, reducing electronic waste pollution by 17.83 tons. Additionally, the Company’s suppliers were required to categorize, recycle, and reuse metal materials during the dismantling process to reduce the environmental impact of heavy metals.
Developing Policies and Practices to Give Back to Customers, Employees, and Society:
Enhancing Information Security and Privacy Protection: ATRenew understands the importance of protecting its users’ privacy, and continuously addresses concerns from consumers, governments, and regulatory bodies regarding information security and privacy protection. The Company is constantly taking steps to strengthen its internal controls and technical capabilities.Improving Customer Experience and Accessibility: ATRenew expanded its door-to-door service coverage based on the frequency of delivery orders, enhancing its face-to-face transaction and service capabilities. The coverage rate of cities with access to door-to-door trade-in service via JD.com increased to 94%. This has improved customers’ access to safe and convenient recycling services.Emphasizing Talent Development and Diversity: By the end of 2023, ATRenew had a talent headcount of 6,288 people, including full-time employees, outsourced staff, and part-time personnel. The Company maintained sustainable talent development by exercising compliant hiring practices, adopting diverse training approaches, holding specialized training programs, and embracing projects to promote employee health and wellness. The proportion of women in senior management increased from 22.58% at the end of 2022 to 28.13% at the end of 2023. ATRenew has also been active in providing employment opportunities for people with disabilities.Boosting Employee Satisfaction Through Effective Communication: ATRenew implements various initiatives to foster open communication, including weekly “Listener Program” surveys and “Treasure Box” activities. ATRenew aims to create a more open and inclusive work environment. ATRenew’s 2023 employee satisfaction survey showed an overall satisfaction score of 4.64 out of 5, a 4.5% increase from 2022.Engaging in Social Welfare and Volunteer Activities: In 2023, ATRenew donated approximately RMB100,000 worth of educational devices through its ongoing public welfare project, “AHS Charity and Love • Digital Education Aid Program for Rural Children.” 2023 marked the sixth year the program had been active. By the end of 2023, the project had supported 60 schools in building digital teaching platforms, completed 3,032 lessons, and provided enriched educational resources to 11,770 rural children. ATRenew’s employees also participated in the Company’s “AHS Clean Trails” initiative, cleaning 9.64 kgs of plastic waste during a 12-kilometer hike and demonstrating their commitment to protecting the environment.
Strengthening Governance to Support Sustainable Development:
Building Robust Ethical Standards: ATRenew adheres to high ethical standards, complies with all relevant laws and regulations, and conducts anti-corruption and anti-bribery compliance management. The Company has strengthened its operational standards and institutions to ensure healthy and compliant development. Throughout 2023, 342 anti-corruption training sessions were held, with 3,491 total participants, and no corruption lawsuits occurred during the reporting period.Maintaining a Diverse Board Structure: The Company’s board of directors consists of eight members, including two female directors and three independent directors. The directors bring extensive experience from industries such as AI, big data analysis, the circular economy, the Internet and retail, capital markets, strategic management, and sustainable development. This diversity provides an array of insights for the benefit of the Company’s governance.Enhancing Internal Control and Audit Systems: ATRenew has continuously improved its internal control systems in accordance with the Sarbanes-Oxley Act (“SOX”). During the reporting period, 23 internal control processes and nearly 600 control points were identified, with a 100% correction rate for SOX internal control project deficiencies. Four special audit projects were also conducted.Fortifying Intellectual Property Protections: ATRenew obtained 46 new intellectual property authorizations and 36 patents during 2023. The Company used its industry influence to enhance intellectual property protection education in line with regulatory standards, and raised awareness of these requirements among its platform merchants.Strengthening International ESG Governance: ATRenew joined the United Nations Global Compact (UNGC), committing to corporate responsibility initiatives. As the first company in the Chinese second-hand industry to join the UNGC, ATRenew is deeply committed to implementing international ESG standards.
Driving Innovation for High-quality Development of the Circular Economy:
Expanding Recycling Services Through Multi-Category Recycling: ATRenew advanced its multi-category recycling strategy during 2023. Beyond its core second-hand smartphone and other consumer electronics business, the Company introduced recycling services for bags, watches, gold, fine wines, and clothing in certain offline stores to 252 stores in 27 cities as of the end of 2023. ATRenew delivers enhanced service capabilities for users’ green, circular consumption.Expanding Brand Collaborations and User Scenarios: During 2023, ATRenew partnered with Apple to provide official recycling and trade-in services in mainland China, catering to user needs for trade-ins on Apple’s website and its offline official stores. In addition, the Company entered into a repair authorization agreement with Huawei. Bolstered by these partnerships, ATRenew has systematically enhanced its capacity for compliant refurbishment of second-hand electronic products, refurbishing 496,035 units in 2023.Upgrading Automated Quality Inspection Standards: ATRenew has been at the forefront of introducing automated systems, consistently upgrading and elevating the standards of automated quality inspection technology. The Company’s proprietary Matrix 3.0 automated quality inspection system improved inspection accuracy by 10% and boosted efficiency by 50%, further enhancing digitalization of the quality inspection system.
About ATRenew Inc.
Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew’s open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China’s pre-owned consumer electronics industry.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Among other things, quotations in this announcement, contain forward-looking statements. ATRenew may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ATRenew’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: ATRenew’s strategies; ATRenew’s future business development, financial condition and results of operations; ATRenew’s ability to maintain its relationship with major strategic investors; its ability to facilitate pre-owned consumer electronics transactions and provide relevant services; its ability to maintain and enhance the recognition and reputation of its brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ATRenew’s filings with the SEC. All information provided in this press release is as of the date of this press release, and ATRenew does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
In China:
ATRenew Inc.
Investor Relations
Email: ir@atrenew.com
In the United States:
ICR LLC.
Email: atrenew@icrinc.com
Tel: +1-212-537-0461
View original content:https://www.prnewswire.com/news-releases/atrenew-releases-2023-esg-report-302182799.html
SOURCE ATRenew Inc.
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Technology
KBR Launches Inaugural Innovation Studio Powered by Applied Computing in Bengaluru
Published
57 minutes agoon
June 16, 2026By
BENGALURU, India, June 16, 2026 /PRNewswire/ — KBR (NYSE: KBR) launched its inaugural Innovation Studio, powered by Applied Computing, in Bengaluru, India, establishing a base from which the two will deliver industrial AI from India.
Co-located with Applied Computing’s Bengaluru office, the studio serves as KBR’s operational hub for remote monitoring and advisory services delivered through INSITE 3.0, powered by Applied Computing’s Orbital Platform. The collaboration is built on combining Applied Computing’s foundation AI for energy with KBR’s process technology. The hub will deliver remote monitoring and advisory services to KBR’s existing global industrial customers, while also serving as the foundation for deploying the new INSITE 3.0 AI capability to the first wave of customers later this year.
In March, KBR launched INSITE 3.0, its digital delivery platform powered by Orbital, marking the first product to integrate the foundation model with KBR’s process technology expertise.
At the studio’s opening event last week, KBR leadership hosted members of the media as well as subject matter experts, experienced field engineers, operations and maintenance specialists. The launch event offered a first look at the facility and a live demonstration of INSITE 3.0 in action.
Hari Ravindran, SVP and Global Head of Technology Solutions, KBR, said: “The Innovation Studio reflects KBR’s commitment to building deep technology partnerships in India and investing in the future of industrial operations here. Co-locating the KBR Innovation Studio, staffed by our operational experts, alongside Applied Computing’s engineering team base, brings the best of both together: decades of process technology knowledge and a foundation model built specifically for energy. This is a long-term commitment to our customers in the region and to the engineers and specialists who will deliver for them.”
Dan Jeavons, President of Applied Computing, said: “India is where the future of industrial AI is being decided. The scale of operations, the pace of growth and the willingness to adopt advanced technologies are unmatched anywhere in the world. This studio launch is our chance to show, in a live control room, what foundation AI built for energy can actually do. Orbital is already delivering results at some of the largest refineries on the planet, and bringing the industry together in Bengaluru is the clearest signal yet of where we believe this technology is heading.”
Read more about how KBR and Applied Computing are working together to advance AI in the energy sector on kbr.com.
Learn more about Orbital at appliedcomputing.com.
View original content:https://www.prnewswire.co.uk/news-releases/kbr-launches-inaugural-innovation-studio-powered-by-applied-computing-in-bengaluru-302801331.html
Technology
Dun & Bradstreet Becomes the Trusted Partner for Global Agentic Workflows Through Integrations with Anthropic, OpenAI and Microsoft
Published
57 minutes agoon
June 16, 2026By
HONG KONG, June 16, 2026 /PRNewswire/ — Dun & Bradstreet recently announced a series of collaborations with OpenAI, Microsoft and Anthropic, bringing the D&B Commercial Graph™ into their respective platform ecosystems. Users can now access Dun & Bradstreet data across leading AI platforms including ChatGPT, Codex, Microsoft 365 Copilot and Claude.
The collaborations represent an important step in embedding trusted business data into agentic workflows. As enterprises increasingly adopt AI to support research, analysis, onboarding, compliance, finance and risk decisioning, access to verified, structured and continuously updated business information is becoming essential to improving confidence, consistency and governance in AI-powered outcomes.
D&B Commercial Graph Powers the Core Data Foundation for the AI Era
As artificial intelligence continues to advance into the agentic era, enterprises increasingly require high quality data that is structured, contextualized and machine readable. AI agents supporting complex workflows, including due diligence, compliance screening, financial analysis and business decision making, rely on trusted data to generate accurate, reliable and actionable insights.
Anchored by the D-U-N-S® Number business identifier, the D&B Commercial Graph™ provides a foundational context layer for understanding business identity, relationships and risk across the global economy. Only with verified business information can agents deliver true business value and ROI in finance and risk management scenarios.
The D&B Commercial Graph™ integrates public and proprietary commercial signals, as well as directly contributed business information, to create a continuously validated view of business identity, ownership, supplier relationships, financials, and risk indicators. The result is an authoritative view of how businesses connect and operate globally. With more than 100 billion verifications, tests, and checks each month, D&B’s Commercial Graph™ delivers coverage, accuracy, consistency, and governance across enterprise systems and AI applications.
Building on this foundation, Dun & Bradstreet is working with leading AI platforms to embed a trusted data layer directly into enterprise workflows.
Collaboration with OpenAI: Bringing Verified Business Context into Finance Workflows
Dun & Bradstreet has collaborated with OpenAI to enable users to access the D&B Commercial Graph™ in ChatGPT and Codex via Model Context Protocol, or MCP, servers. The integration allows financial professionals to bring verified business identity, ownership, relationship, credit and risk data directly into their workflows to accelerate due diligence, financial reporting, validation, guidance and credit origination.
Through D&B-hosted MCP servers, customers can securely connect Dun & Bradstreet data to ChatGPT and Codex, using natural language prompts and custom agents to streamline data-intensive workflows. Users can also access D&B Finance Analytics tools via MCP servers to support automated business credit decisions, powered by real-time insight into hundreds of millions of businesses and a rules-based engine. This enables finance teams to identify and manage risk across portfolios within a headless AI architecture.
“AI is quickly becoming a core part of how organizations make decisions across finance, risk, and growth, and its impact depends on the quality of the data behind it,” said Scott Spencer, General Manager, Finance & Credit at Dun & Bradstreet. “By bringing the D&B Commercial Graph into ChatGPT and Codex, we’re meeting customers where they are working. This helps teams of all sizes, including small and mid-sized businesses, to embrace the power of AI with confidence in their workflows.”
Collaboration with Microsoft: Bringing Verified Business Data into Microsoft 365 Copilot
Through its collaboration with Microsoft, Dun & Bradstreet has made its Graph Connector available in Microsoft 365 Copilot, giving developers and enterprises no-cost access to a curated sample of data from the D&B Commercial Graph™. This allows users to explore how verified business data can support use cases such as research, business identification and workflow enhancement within Copilot.”
The D&B Graph Connector provides access to foundational information on tens of thousands of global public and private companies, including company summaries, locations, contact information, and key data such as employee and revenue ranges.
“Knowing who you’re doing business with is an essential part of knowledge workflows,” said Chantrelle Nielsen, Principal Product Management for Microsoft 365 Copilot at Microsoft. “Integrating this sample of Dun & Bradstreet data into Microsoft 365 Copilot provides that crucial first step of business identification and opens the door for users to explore new ways to use D&B’s continuously updated business data in Copilot.”
Collaboration with Anthropic: Accelerating Onboarding, Risk and Compliance Workflows in Claude
In collaboration with Anthropic, Dun & Bradstreet is bringing verified business, risk and compliance data capabilities into Claude to help enterprises accelerate onboarding and compliance workflows.
By integrating the D&B Commercial Graph™ into Claude, users can access verified business information, corporate linkage data and risk intelligence within a unified workflow framework, enabling more efficient entity verification, relationship analysis and process execution.
This approach represents the future of knowledge work for enterprises: AI systems that do not simply summarize information, but operate with verified enterprise context, risk logic, and governance.
Dun & Bradstreet China: Empowering Local Agentic Workflows with Trusted Business Data
From OpenAI to Microsoft to Anthropic, a clear trend is emerging: trusted business data is rapidly integrating into agentic workflows, becoming a critical foundation for large language models to connect with real-world business scenarios, support task execution and enable decision-making. Dun & Bradstreet China continues to drive the deep integration of trusted business data with both local and global AI platforms.
Currently, Dun & Bradstreet’s global data along with China Data by Topics via MCP servers support integration with leading international platforms and developer tools such as Microsoft Copilot, Cursor, Claude Code and OpenClaw, while also being compatible with local AI ecosystems including Trae, WorkBuddy, QoderWork, Coze and CherryStudio.
Leveraging the D&B Commercial Graph™, the D-U-N-S® Number and business data covering nearly 900 million companies worldwide, Dun & Bradstreet China embeds global business data capabilities into enterprise large language models, AI agents and business workflows. This helps customers access global company information more efficiently, identify corporate linkage networks and gain insights into potential risks.
In the AI era, Dun & Bradstreet is becoming a trusted partner within agentic workflows, helping customers make smarter, faster and more confident decisions across key scenarios including customer acquisition, risk management, supply chain management, trade compliance and global expansion.
About Dun & Bradstreet
Dun & Bradstreet provides the verified commercial identity foundation for enterprises to deploy AI at scale. The company originated the D‑U‑N‑S® Number in 1963, now the global standard for identifying commercial entities. Anchored by this identifier, the D&B Commercial Graph structures and connects business identity consistently across systems, enabling AI to operate on accurate, validated data. Since 1841, businesses of every size have relied on Dun & Bradstreet to navigate change and accelerate growth. For more information, visit: www.dnb.com.hk
View original content:https://www.prnewswire.com/apac/news-releases/dun–bradstreet-becomes-the-trusted-partner-for-global-agentic-workflows-through-integrations-with-anthropic-openai-and-microsoft-302801349.html
SOURCE Dun & Bradstreet
Technology
Wuhan extends sincere invitation to young people across the globe
Published
58 minutes agoon
June 16, 2026By
BEIJING, June 16, 2026 /PRNewswire/ — A report from China Daily
Wuhan in Central China’s Hubei province is shining in its golden era. The city is hosting the ongoing 2026 World Youth Development Forum from June 15 to 17, capturing global attention across central China. A frontrunner in the optical and chip industries, Wuhan resonates with young people worldwide and extends a sincere invitation to them.
The five letters spelling “WUHAN” act as five open windows to the world, forming the city’s unique identity and a heartfelt invitation to global youth.
Represented by the letter W for Water, Wuhan is a city nurtured by the Yangtze River. Sitting on the convergence of the Yangtze River and the Hanjiang River, it enjoys convenient access to the whole world. The city encompasses 165 rivers and 166 lakes, with water areas accounting for one-fourth of its total territory.
As an international wetland city with a population of over 10 million, Wuhan features romantic seasonal scenery all year round, featuring cherry blossoms in spring, lotuses in summer, sweet osmanthus in autumn and plum blossoms in winter. It is home to 1,050 parks of various styles and 2,500 kilometers of picturesque greenways and serves as a habitat for the Yangtze finless porpoise, known as the “giant panda of the water.” Endowed with abundant vitality, it stands as a magnificent city of picturesque mountains and rivers.
The letter U stands for University. Wuhan is China’s third-largest hub of intellectual resources, home to 95 higher education institutions, including Wuhan University and Huazhong University of Science and Technology. It ranks fourth nationwide in terms of the number of academicians from the Chinese Academy of Sciences and the Chinese Academy of Engineering. Fourteen of its disciplines, including remote sensing technology and earth sciences, rank among the world’s top ten. In the Nature Index Science Cities rankings, Wuhan takes the fifth place in China and eighth across the globe.
The city has rolled out over 50 world-class innovation achievements, including the world’s first Beidou high-precision chip and the world’s fastest maglev technology. One in ten Wuhan residents is a college student. Every year, 300,000 fresh college graduates choose to stay in Wuhan to start businesses or seek employment. It is truly a “land of talents where brilliance thrives.”
The letter H represents High-tech. Wuhan boasts nationally influential strength in scientific and technological innovation. The world-renowned Optics Valley of China is located right in Wuhan. The city hosts the world’s largest manufacturing hub for optical fibers and cables, as well as China’s leading production hub for optoelectronic devices and small-to-medium-sized display panels.
Pillar industries such as optoelectronic information, automobiles and biomedicine are accelerating toward the trillion-yuan level. Meanwhile, emerging and future industries covering the digital economy, quantum technology, commercial aerospace, 6G and hydrogen energy are maintaining steady growth. Wuhan has evolved into a dynamic, fast-evolving city of innovation.
The letter A symbolizes Art. With a 3,500-year history of urban construction, Wuhan acts as a vital carrier of Yangtze River civilization and Jingchu culture. The city features diverse charms, ranging from the poetic heritage of the Yellow Crane Tower and the futuristic vibe of the suspended monorail, to breathtaking scenery of vast rivers and lakes and a vibrant street-food culture.
More than 40,000 concerts, e-sports festivals and sports events are held in Wuhan annually. Consistently listed among China’s top ten most popular tourist destinations, it is an inclusive cultural city where ancient heritage and modern glamour complement and shine for each other.
Last but not least, the letter N stands for Network. Wuhan is a world-class comprehensive transportation hub. A 4-hour high-speed rail trip or a 2-hour flight can cover 80 percent of China’s major cities and reach a population of 1 billion.
The Yangtze golden waterway, China Railway Express (Wuhan) and multiple passenger and cargo hubs connect the Maritime, Land, and Air Silk Roads. Huahu Airport ranks fourth in the world and first in Asia among professional cargo airports. Equipped with a national-level internet backbone interconnection hub, Wuhan realizes seamless network connectivity nationwide, consolidating its status as a globally connected intelligent hub city.
During the ongoing forum, Wuhan is presenting a host of well-designed characteristic activities tailored for young people based on its superior resources. These events vividly showcase an authentic, multi-dimensional and vibrant urban panorama to participating global youth.
The forum is currently presenting Wuhan’s development experience as a thriving “City of Youth” to the world. It introduces China’s practices in building youth-development-oriented cities, displaying Wuhan’s all-round support for youth innovation, entrepreneurship and personal growth via startup incubators, talent apartments, targeted policies and comprehensive service platforms. At this moment, a sincere “Invitation from Wuhan” is being delivered to young people across the globe.
Delegates from all participating countries will explore Wuhan’s sci-tech innovation frontier in person. They will visit core innovation platforms including Hubei laboratories, Dongfeng Motor Group, the Hubei Humanoid Robot Innovation Center, and Xiaomi Smart Home Appliances Factory to experience the tremendous momentum of Wuhan’s “One City, Three Corridors, and Multiple Belts” innovation pattern and witness the diverse manifestations of Chinese modernization with their own eyes.
Participants will also immerse themselves in unique Jingchu cultural customs. They will pay a visit to the Yellow Crane Tower, Hubei Provincial Museum and the Changjiang Civilization Museum, admire the stunning night scenery along the two rivers, and explore the time-honored heritage of Zhiyin Culture and the profound essence of Yangtze River civilization. Furthermore, delegates will take part in the Youth Market and Dragon Boat Festival Intangible Cultural Heritage Experience activities.
They will communicate with young inheritors of Han embroidery, carved paper-cutting and traditional Chinese medicine sachets, and gain an in-depth understanding of the profound heritage of traditional Chinese culture as well as the innovative vitality of contemporary young craftsmen.
View original content to download multimedia:https://www.prnewswire.com/news-releases/wuhan-extends-sincere-invitation-to-young-people-across-the-globe-302801355.html
SOURCE China Daily
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