SANTA
CLARA, Calif., May 13, 2025
/PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE:
TUYA; HKEX: 2391), a global leading AI cloud platform service
provider, today announced that MSCI has upgraded its Environmental,
Social, and Governance (ESG) rating to 'AA' from 'A'. This upgrade
recognizes Tuya's efforts to build a more sustainable and
responsible business and places Tuya among the ESG leaders in its
sector.
MSCI, a leading provider of research-driven indices and
analytics, reviewed companies in the Software & Services
industry as part of its latest ESG assessment. Tuya's improved
rating reflects its strong performance in key areas including data
privacy and security, governance enhancements, and contributions to
energy efficiency through smart technology solutions. It also
underscores Tuya's commitment to driving innovation-led,
technology-enabled sustainability.
"We're pleased to receive MSCI's recognition of our ESG
progress." said Xueji (Jerry) Wang,
Founder and CEO of Tuya. "Sustainability is part of how we operate
and innovate every day. Looking ahead, we will continue to
strengthen our ESG practices, aiming to deliver long-term value for
our stakeholders and support global efforts towards a greener, more
secure smart future powered by smart technology."
MSCI ESG Ratings measure how effectively companies manage
long-term ESG risks and opportunities relative to their peers.
Ratings range from AAA (highest) to CCC (lowest), serving as a key
benchmark for investors focused on sustainable and responsible
business practices.
About Tuya Inc.
Tuya Inc. (NYSE: TUYA; HKEX: 2391) is a global leading AI cloud
platform service provider with a mission to build an AIoT developer
ecosystem and enable everything to be smart. Tuya has pioneered a
purpose-built AI cloud platform with cloud and generative AI
capabilities that delivers a full suite of offerings, including
Platform-as-a-Service, or PaaS, Software-as-a-Service, or SaaS, and
smart solutions for developers of smart device, commercial
applications, and industries. Through its AIoT developer platform,
Tuya has activated a vibrant global developer community of brands,
OEMs, AI agents, system integrators and independent software
vendors to collectively strive for smart solutions ecosystem
embodying the principles of green and low-carbon, security, high
efficiency, agility, and openness.
Investor Relations Contact
Tuya Inc.
Investor Relations
E-mail: ir@tuya.com
The Blueshirt Group
Gary Dvorchak, CFA
Phone: +1 (323) 240-5796
Email: gary@blueshirtgroup.co
HL Stategy
Haiyan LI-LABBE
Email: hl@hl-strategy.com
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SOURCE Tuya Inc.
