Full Truck Alliance (YMM) Released its 2024 ESG Report

Full Truck Alliance Co. Ltd. (NYSE:YMM) is one of the Best Extremely Profitable Stocks to Buy Right Now. On July 15, Full Truck Alliance Co. Ltd. (NYSE:YMM) released its 2024 ESG report, highlighting several sustainability measures.

The company advanced its Green Freight Operations by using smart freight-matching tech to lower carbon emissions. The rate of inefficiency dropped from 38.97% in 2020 to 34.92% in 2024. As a result, the improvements cut around 32 million tons of CO2 and brought around RMB83 billion in economic value.

Moreover, Full Truck Alliance Co. Ltd. (NYSE:YMM) also improved safety and operational standards through new management systems and strict controls. It achieved a 100% complaint resolution rate and 90.35% satisfaction rate after resolution. The company also launched 12 safety courses with 780,000 participants and gave truckers better legal support.

Full Truck Alliance Co. Ltd. (NYSE:YMM) operates a digital freight platform in China. The company connects shippers with truckers to facilitate the movement of goods.

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Disclosure: None. This article is originally published at Insider Monkey.