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ATRenew Receives Low ESG Risk Rating from Morningstar Sustainalytics

PR Newswire - Mon Sep 26, 2022

SHANGHAI, Sept. 26, 2022 /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 that it has received an Environmental, Social and Governance ("ESG") rating of 17.6 from Morningstar Sustainalytics, assessing ATRenew to be at "Low Risk" of experiencing industry-specific material ESG factors (link). In particular, ATRenew attained "Negligible" ratings for its data privacy and security, business ethics, and environmental and social impact of products and services, all of which are key components of the assessment of material industry-specific ESG risks. The Company was ranked fourth in the Online and Direct Marketing Retail sector, a testament to its outstanding ESG risk management capabilities.

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