Tuya Smart's HEMS Recognized in UNGC's Sustainable Development Case Collection

Tuya Smart's HEMS Recognized for Sustainable Development

Tuya Smart, a global cloud platform service provider, has achieved a significant milestone with its Home Energy Management System (HEMS) being recognized in the United Nations Global Compact's (UNGC) "20 CASES FOR 20 YEARS" of Private Sector Sustainable Development in China 1

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. This recognition underscores Tuya's commitment to Environmental, Social, and Governance (ESG) principles and sustainable development.

UNGC's "20 CASES for 20 YEARS" Initiative

The UNGC launched this initiative to commemorate the 20th anniversary of the ESG concept. Following a rigorous evaluation process by a committee of UN representatives and academic specialists, 20 exemplary sustainable development cases were selected. Tuya's HEMS was chosen alongside cases from other prominent companies such as Tencent, Ant Group, Trip.com, and CATL, based on criteria including economic efficiency, practicality, scalability, innovation, and inclusivity 1

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Tuya's Innovative HEMS Solution

Tuya's HEMS leverages AI and cutting-edge technologies to empower smart energy management across various industries. The system provides detailed energy consumption analysis reports and real-time operational management options, helping households move towards more intelligent energy use 1

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Impact and Adoption

In Singapore, where energy demand is high, Tuya's HEMS has been widely adopted:

• Projections indicate it will help 1.8 million households achieve an average energy savings of 25%
• Some households have reported up to 54% reduction in monthly electricity costs
• Tuya has partnered with local air conditioning manufacturers to integrate energy-efficient control through infrared sensors 1

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Global Collaborations and Partnerships

Tuya has been actively collaborating with various partners to promote sustainable development:

• In Europe, Tuya partnered with Xanlite to create innovative smart home energy-saving solutions
• Globally, Tuya has formed partnerships with entities such as Nahui New Energy Technology by Haier Group and ESR, APAC's leading real asset management group 1

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Participation in COP29

Tuya recently showcased its HEMS at the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29). This participation highlighted the potential of smart energy management solutions in driving global carbon reduction efforts 1

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Future Outlook

Looking ahead, Tuya aims to continue deepening its exploration and practice in sustainable development. By collaborating with global developers, businesses, and governments, the company is working towards creating a robust smart ecosystem that enhances capabilities in key ESG areas such as operational compliance, ecological protection, workplace safety, and public welfare 1

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