ATRenew (NYSE: RERE) strengthens ESG commitment and sets emission-reduction targets

ATRenew (NYSE: RERE) has set an ambitious target to cut Scope 1 and Scope 2 emission intensity—greenhouse-gas emissions per unit of economic output—by 35% from the 2024 level by 2030. The company currently records zero Scope 1 emissions, i.e., CO₂ emitted from sources owned or controlled under the Greenhouse Gas Protocol. Operationally, therefore, the focus is on aggressively reducing Scope 2 emissions arising from purchased electricity.