NEW YORK, Nov. 29, 2024 /PRNewswire/ — Tuya Good (NYSE: TUYA, HKEX: 2391), a world cloud platform service supplier, was acknowledged on the “20 CASES FOR 20 YEARS” of Personal Sector Sustainable Growth in China organized by UNGC, for its progressive House Power Administration System (HEMS). This recognition highlights Tuya’s deep dedication to ESG ideas and its complete dedication to sustainable growth.
This 12 months marks the twentieth anniversary of the introduction of the ESG idea. To commemorate this milestone, UNGC launched the “20 CASES for 20 YEARS” initiative, inviting submissions from companies working in China. Following a rigorous analysis course of performed by a case choice committee comprising senior representatives from the United Nations system and tutorial specialists, 20 exemplary sustainable growth circumstances had been chosen. These circumstances, together with these from Tuya, Tencent, Ant Group, Journey.com, and CATL, had been chosen for his or her financial effectivity, practicality, scalability, innovation, and inclusivity. Shifting ahead, these flagship circumstances shall be promoted globally via multilingual channels throughout the UN system, showcasing their impression and fostering broader adoption.
Eva Na, Vice President of Advertising and marketing and Strategic Cooperation and CMO of Tuya Good said: “We are honored that our HEMS has been included in the UNGC’s case collection. This recognition reflects Tuya’s unwavering commitment to balancing social responsibility, environmental protection, and economic growth. Tuya has consistently integrated smart technology into every link of the energy chain. Through our HEMS, we have not only promoted smart energy management but also inspired households to participate in energy saving and carbon reduction, truly achieving participation from everyone. In the future, we sincerely hope the HEMS can provide experience and reference for more enterprises and contribute collectively to promoting sustainable development.”
Tuya Promotes Good Power Administration with Revolutionary Options
Tuya has all the time adhered to empowering varied industries to attain sensible power administration via AI and different cutting-edge applied sciences. Contemplating family electrical energy accounts for as a lot as 30% of energy consumption in most nations globally, Tuya has strategically developed the HEMS with foresight, offering detailed power consumption analysis reviews and real-time operational administration choices to assist households advance in the direction of sensible power use.
In Singapore, the place power demand is excessive, Tuya’s HEMS has been extensively adopted, with projections indicating that it’s going to assist 1.8 million households obtain a mean power financial savings of 25%. Some households have even reported a outstanding 54% discount in month-to-month electrical energy prices. Moreover, Tuya has partnered with native air-con producers to allow energy-efficient management via infrared sensors built-in into the air conditioners. This initiative not solely brings tangible power financial savings to Singaporean households but additionally considerably contributes to the conclusion of Singapore’s “Smart Nation” imaginative and prescient.
Tuya Collaborates with Companions to Increase World Sustainable Growth
Adhering to the idea of win-win cooperation, Tuya intently collaborates with quite a few clients, builders, and governments, actively working towards ESG ideas and offering a collection of crucial instruments and assist to assist them create personalised sensible options to face varied power administration challenges.
In Europe, Tuya’s collaboration with Xanlite led to progressive sensible residence energy-saving options, selling inexperienced dwelling in households throughout the area. Moreover, Tuya fashioned partnerships with international entities similar to Nahui New Power Expertise by Haier Group and ESR，APAC’s main actual asset administration group working to broaden the adoption of sensible residence power administration options globally.
Additionally it is price mentioning that Tuya just lately participated within the twenty ninth Convention of the Events to the United Nations Framework Conference on Local weather Change (COP29). Through the occasion, Tuya’s HEMS and its software circumstances had been prominently featured, providing worldwide attendees progressive and environment friendly options for power transition. This highlighted the immense potential of sensible power administration options in driving international carbon discount efforts and underscored Tuya’s dedication to advancing sustainability on a world scale.
By collaborating with international builders, companies, and governments, Tuya is accelerating the creation of a strong sensible ecosystem. This ecosystem has considerably enhanced Tuya’s capabilities in key ESG areas similar to operational compliance, ecological safety, office security, and public welfare. Wanting forward, Tuya will proceed to deepen its exploration and apply within the discipline of sustainable growth, main society towards a better and greener future.
