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Lotus Technology Wins Green Apple Award for Environmental Practices

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Lotus Technology (Nasdaq: LOT) has been awarded the prestigious Green Apple Environment Award for its outstanding environmental practices. The award, presented at Kensington Palace in London, recognizes the company's commitment to ecological preservation and sustainable development. Lotus Tech launched a pioneering natural capital assessment project, focusing on improving procurement, assembly, and manufacturing processes.

The company's supply chain initiatives, including increased use of recycled materials and green energy, were highlighted in the Shanghai Climate Week's ClimateTech In Focus report. Additionally, Lotus Tech was named a finalist for the Sustainability Award at the British Business Awards 2024, further validating its environmental commitment.

Lotus Technology (Nasdaq: LOT) ha ricevuto il prestigioso Green Apple Environment Award per le sue eccezionali pratiche ambientali. Il premio, consegnato al Kensington Palace di Londra, riconosce l'impegno dell'azienda per la preservazione ecologica e lo sviluppo sostenibile. Lotus Tech ha lanciato un progetto pionieristico di valutazione del capitale naturale, concentrandosi sul miglioramento dei processi di approvvigionamento, assemblaggio e produzione.

Le iniziative della catena di approvvigionamento dell'azienda, inclusi l'aumento dell'uso di materiali riciclati e di energia verde, sono state messe in evidenza nel rapporto ClimateTech In Focus della Shanghai Climate Week. Inoltre, Lotus Tech è stata nominata finalista per il Sustainability Award agli British Business Awards 2024, ulteriore convalida del suo impegno ambientale.

Lotus Technology (Nasdaq: LOT) ha sido galardonada con el prestigioso Green Apple Environment Award por sus destacadas prácticas ambientales. El premio, presentado en el Palacio de Kensington en Londres, reconoce el compromiso de la empresa con la preservación ecológica y el desarrollo sostenible. Lotus Tech lanzó un proyecto pionero de evaluación de capital natural, centrado en mejorar los procesos de adquisición, ensamblaje y fabricación.

Las iniciativas de la cadena de suministro de la empresa, que incluyen un mayor uso de materiales reciclados y energía verde, fueron destacadas en el informe ClimateTech In Focus de la Shanghai Climate Week. Además, Lotus Tech fue nombrada finalista para el Sustainability Award en los British Business Awards 2024, validando aún más su compromiso ambiental.

로터스 테크놀로지 (Nasdaq: LOT)는 뛰어난 환경 관행으로 권위 있는 그린 애플 환경상을 수상했습니다. 런던 켄징턴 궁전에서 시상된 이 상은 생태 보존 및 지속 가능한 개발에 대한 회사의 의지를 인정합니다. 로터스 테크는 조달, 조립 및 제조 프로세스를 개선하는 데 중점을 둔 선구적인 자연 자본 평가 프로젝트를 시작했습니다.

회사의 공급망 이니셔티브는 재활용 재료와 녹색 에너지의 사용 증가를 포함하여 상하이 기후 주간의 ClimateTech In Focus 보고서에서 강조되었습니다. 또한 로터스 테크는 2024년 영국 비즈니스 어워드의 지속 가능성 상(finalist)에 선정되어 환경에 대한 회사의 의지를 더욱 확립했습니다.

Lotus Technology (Nasdaq: LOT) a été récompensée par le prestigieux Green Apple Environment Award pour ses pratiques environnementales exceptionnelles. Le prix, remis au Kensington Palace à Londres, reconnaît l'engagement de l'entreprise envers la préservation écologique et le développement durable. Lotus Tech a lancé un projet pionnier pour évaluer le capital naturel, axé sur l'amélioration des processus d'approvisionnement, d'assemblage et de fabrication.

Les initiatives de la chaîne d'approvisionnement de l'entreprise, y compris l'augmentation de l'utilisation de matériaux recyclés et d'énergie verte, ont été mises en avant dans le rapport ClimateTech In Focus de la Shanghai Climate Week. De plus, Lotus Tech a été nommée finaliste pour le Sustainability Award aux British Business Awards 2024, validant encore plus son engagement envers l'environnement.

Lotus Technology (Nasdaq: LOT) wurde mit dem prestigeträchtigen Green Apple Environment Award für ihre herausragenden Umweltpraktiken ausgezeichnet. Der Preis, der im Kensington Palace in London verliehen wurde, würdigt das Engagement des Unternehmens für ökologische Bewahrung und nachhaltige Entwicklung. Lotus Tech startete ein bahnbrechendes Projekt zur Bewertung von Naturkapital, das sich auf die Verbesserung von Beschaffungs-, Montage- und Fertigungsprozessen konzentriert.

Die Initiativen der Lieferkette des Unternehmens, einschließlich des erhöhten Einsatzes von recycelten Materialien und erneuerbarer Energie, wurden im Bericht ClimateTech In Focus der Shanghai Climate Week hervorgehoben. Darüber hinaus wurde Lotus Tech als Finalist für den Sustainability Award bei den British Business Awards 2024 genannt, was das Umweltengagement weiter unterstreicht.

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NEW YORK, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or “the Company”) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, was awarded the Green Apple Environment Award for its commitment to sustainable environmental practices.

The Green Organization, an independent, non-political, and non-profit environmental group since 1994, is dedicated to recognizing, rewarding, and promoting environmental best practices and corporate social responsibility around the world. Lotus Tech was presented with the Green Apple Environment Award at Kensington Palace, a historic royal abode in London. This award is a testament to Lotus Tech's unwavering commitment to ecological preservation and sustainable development.

Lotus Tech initiated an industry-pioneering pilot project on natural capital assessment, identifying nature-related risks and opportunities across its procurement, assembly, and manufacturing processes. Based on the findings, Lotus Tech has worked with its suppliers to drive further changes in raw materials sourcing, including the increase of recycled materials and green energy use.

These supply chain initiatives of Lotus Tech were also spotlighted in the Shanghai Climate Week's annual flagship report, ClimateTech In Focus, jointly developed with United Nations Institute for Training and Research (UNITAR) and Pacific Economic Cooperation Council (PECC) and released on COP29 in Nov 2024.

Lotus Tech also received recognition for its dedication to responsible business operations as a finalist of the Sustainability Award of the British Business Awards 2024. This demonstrates the company’s environmentally conscious approach to achieving its sustainability goals.

To learn more about Lotus Tech’s ESG strategy and achievements, download the ESG report here: https://ir.group-lotus.com/environmental-social-governance

About Lotus Technology Inc.
Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle battery electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalisation and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.

Contact Information
ir@group-lotus.com


FAQ

What environmental award did Lotus Technology (LOT) receive in 2024?

Lotus Technology received the Green Apple Environment Award in 2024, presented at Kensington Palace in London, for its commitment to sustainable environmental practices.

How is Lotus Technology (LOT) improving its supply chain sustainability?

Lotus Technology is improving supply chain sustainability through natural capital assessment, increasing recycled materials usage, and implementing green energy initiatives across its procurement, assembly, and manufacturing processes.

What recognition did Lotus Technology (LOT) receive during Shanghai Climate Week 2024?

Lotus Technology's supply chain initiatives were featured in the Shanghai Climate Week's ClimateTech In Focus report, released at COP29 in November 2024.

Was Lotus Technology (LOT) recognized in any other sustainability awards in 2024?

Yes, Lotus Technology was named a finalist for the Sustainability Award at the British Business Awards 2024.

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