Business
Datasea Engages ESGreen to Advance Commitment to Environmental, Social and Governance Initiatives
BEIJING, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"), incorporated in Nevada in September 2014, is a digital
About this update from Datasea Intelligent Technology Ltd.
[{"type":"text","content":"BEIJING, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Datasea Inc., (NASDAQ: DTSS) (\"Datasea\" or the \"Company\"), incorporated in Nevada in September 2014, is a digital technology corporation engaged in three converging and innovative business segments: 5G messaging, acoustic intelligence, and smart city technology in China. Today, the Company announced that it has engaged ESGreen with a shared goal to build a robust environmental, social and governance (“ESG”) program, which helps Datasea identify and mitigate risks, seize opportunities and engage stakeholders, create better experiences for employees, customers, suppliers, partners, and communities and eventually evolve to a sustainable, future-proof enterprise. ESGreen brings together seasoned ESG experts and senior management teams with two decades of experience working in the global financial service firms including S&P Global, Morgan Stanley, and JP Morgan to help companies make concerted efforts to embed sustainability in the business operation. ESGreen aims to provide the best global ESG practices and carbon reduction solutions to Chinese institutions. Whatever level of maturity in ESG, ESGreen enhances companies’ approach by identifying and reducing risks, generating long-term value, and creating positive social impact. Over the coming months, with support from ESGreen, Datasea plans to implement a comprehensive ESG plan that focuses on stakeholders, including employees, clients and communities served by Datasea. The plan will include the collection, assessment and enhancement of current ESG data, identification of material ESG factors, establishment of integrated ESG targets, research on gaps and policy updates, as well as increasing ESG disclosure. Commenting on today's announcement, Zhixin Liu, CEO of Datasea, stated, “Businesses today must understand and empathize with sustainability and recognize the imperative for innovation across the business model in the transition to a low-carbon economy. We are pleased to engage ESGreen and commit to continually improving our ESG performance, which we believe links to value creation in essential ways such as building business resilience, attracting talent, improving customer loyalty, and caring for the environment. The Company believes that taking a proactive approach in terms of ESG management will not only provides the Company with ...