GlobeNewswire Inc | Nov 30, 2021 06:00AM EST

November 30, 2021

SHANGHAI, China, Nov. 30, 2021 (GLOBE NEWSWIRE) -- GDS Holdings Limited(GDS Holdings, GDS or the Company)(NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers inChina, today announced the publication of its inaugural Environmental, Social and Governance (ESG) report. The report underscores the Companys vision of Connecting a smart infrastructure platform to a sustainable future and highlights its commitment to achieve 100% renewable energy usage and carbon neutrality by 2030.

Our mission is to provide the worlds leading innovators with a unique, open and sustainable smart infrastructure platform, said Mr. William Huang, Chairman and Chief Executive Officer. To this end, we seek to build sustainability into everything we do. We have set a target for GDS to be carbon neutral by 2030 and we are on track to meet this goal. As a market leader, we have the responsibility to lead our industry toward a more sustainable future.

We will continue to transition to renewable energy, develop green data centers, and optimize operational efficiency, commented Mr. Dan Newman, Chief Financial Officer. Our inaugural ESG report demonstrates that were serious about enhancing transparency and taking initiative. We have committed to targets that are ambitious yet realistic.

The report describes GDSs ESG performance and introduces the Companys long-term ESG commitments, which include minimizing impact on the environment, creating value for all stakeholders, and engendering trust through rigorous adherence to corporate governance.

The reports highlights include:

-- In 2020, 22.6% of the Companys energy consumption came from renewable energy sources. The Company committed to achieving carbon neutrality by 2030. -- In 2020, 34% of the Companys senior level management employees were female, reflecting the Companys commitment to diversity and inclusion. -- Recently, the Company signed a multi-year agreement with CGN New Energy, to procure approximately 30,000 GWh of renewable energy certificates, equivalent to over seven times the Companys current annual electricity consumption.

To view the report in full, please visit the ESG section on the GDS corporate website or access the report at: https://www.gds-services.com/esg2020/docs/GDS_ESG_Report_2020.pdf.

About GDS Holdings Limited

GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Companys facilities are strategically located in Chinas primary economic hubs where demand for high-performance data center services is concentrated. The Company also builds, operates and transfers data centers at other locations selected by its customers in order to fulfill their broader requirements. The Companys data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access all the major PRC telecommunications networks, as well as the largest PRC and global public clouds which are hosted in many of its facilities. The Company offers co-location and managed services, including direct private connection to leading public clouds, an innovative service platform for managing hybrid clouds and, where required, the resale of public cloud services. The Company has a 20-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Companys customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations.

For investor and media inquiries, please contact:

GDS Holdings LimitedLaura ChenPhone: +86 (21) 2029-2203Email: ir@gds-services.com

The Piacente Group, Inc.Ross WarnerPhone: +86 (10) 6508-0677Email: GDS@tpg-ir.com

Brandi PiacentePhone: +1 (212) 481-2050Email: GDS@tpg-ir.com

GDS Holdings Limited