SHANGHAI, Nov. 8, 2023
/PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company")
(NYSE: RERE), a leading technology-driven pre-owned consumer
electronics transactions and services platform in China, today announced its recognition by the
Reuters Responsible Business Awards 2023 in the Circular Transition
category. ATRenew was 'Highly Commended' by the independent panel
of 25 expert judges, underscoring its commitment to sustainability
and responsible business practices.
Established in 2009, the Reuters Responsible Business Awards
serve as a standard for sustainable business leadership,
recognizing influential companies worldwide for their contributions
to business, society, and the environment. In a highly competitive
field of industry leaders, ATRenew garnered high acclaim from the
judges. The panel specifically noted, "When judges were considering
how they defined impact and scalability for this category,
ATRenew's stood out. They demonstrated impressive aspects of
innovation, development of technology, and business
transformation." See the winners for 2023:
https://events.reutersevents.com/sustainable-business/responsible-business-awards/winners
Mr. Kerry Xuefeng Chen, Founder,
Chairman, and Chief Executive Officer of ATRenew, commented, "We
are delighted to have been 'Highly Commended' by the Reuters
Responsible Business Awards. As a 'Tech + Environment' company, we
have consistently dedicated ourselves to the circular economy,
embracing pre-owned product recycling and resale services as a
sustainable business model. Since 2022, we have not only championed
the recycling and reuse of pre-owned consumer electronics, but have
also broadened our range of recyclable categories, yielding
positive results. Furthermore, ATRenew is the first in its industry
to disclose its carbon emissions reduction initiatives and has
published ESG reports for three consecutive years, reflecting our
ongoing commitment to environmental and social responsibility."
As a pioneer in the green industry, ATRenew is committed to
leading the second-hand consumer electronics industry towards
standardized, scaled, and low-carbon operations through
technological and business model innovations. Going forward,
ATRenew will continue to adhere to the principles of
sustainability, leveraging innovation to drive the circular economy
and further promote environmentally friendly recycling and
sustainable development within the industry.
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. ATRenew is a participant
in the United Nations Global Compact, and adheres to its
principles-based approach to responsible business.
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
Media Contact
ATRenew Inc.
Email: pr@atrenew.com
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SOURCE ATRenew Inc.
