Yalla Group publishes 2024 ESG Report, highlights sustainability progress.

Yalla Group, a Middle East and North Africa-based online social networking and gaming company, has published its 2024 Environmental, Social and Governance (ESG) Report. The report outlines the company's performance and forward-looking strategy across five key pillars: responsible governance, environmental stewardship, trust, people, and community engagement. Yalla's CEO, Tao Yang, emphasized the company's commitment to sustainability, innovation, and inclusivity, highlighting progress in expanding renewable energy use, promoting paperless operations, and integrating AI for efficiency and environmental impact reduction.

Yalla Group Limited (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, has published its 2024 Environmental, Social and Governance (ESG) Report. The report outlines the company's performance and forward-looking strategy across five key pillars: responsible governance, environmental stewardship, trust, people, and community engagement.

Tao Yang, Founder, Chairman, and CEO of Yalla, stated, "2024 was a pivotal year in Yalla Group's development, marked by our strengthened commitment to sustainability, innovation, and inclusivity. We're proud to have made meaningful progress across all of our ESG initiatives, from expanding our renewable energy use and promoting paperless operations to integrating AI for greater efficiency and environmental impact reduction. Our diverse, global team remains at the heart of our success, fueling our creativity and innovation-driven growth. Guided by our vision to become MENA's most popular destination for online social networking and entertainment, we remain dedicated to delivering long-term value for our users, partners, and communities, while making a positive and lasting impact on the digital world and the planet we share."

Mr. Saifi Ismail, President of Yalla, added, "This year's report reflects our continued commitment to creating lasting value while addressing the pressing environmental, social, and governance challenges of our era. By championing cultural connection, environmental responsibility, and digital trust across the MENA region, we laid the foundation for a more sustainable, more equitable future, solidifying our position as a responsible corporate citizen. As the region embraces digital transformation, we will continue to lead by example, leveraging technology and innovation to foster a safer digital ecosystem and set new benchmarks for sustainable development."

Yalla Group Limited's 2024 ESG Report highlights several key achievements, including:

- Responsible Governance: The company has strengthened its governance structure, focusing on board independence and transparency.
- Environmental Stewardship: Yalla has expanded its use of renewable energy and promoted paperless operations to reduce its carbon footprint.
- Trust: The company has emphasized digital trust, implementing robust security measures to protect user data.
- People: Yalla's diverse, global team has driven innovation and growth, with a focus on employee development and engagement.
- Community Engagement: The company has engaged with local communities, supporting cultural initiatives and promoting digital literacy.

The report also underscores Yalla's commitment to integrating AI for greater efficiency and environmental impact reduction. The company's forward-looking strategy aims to continue delivering long-term value for its users, partners, and communities while making a positive and lasting impact on the digital world and the planet.

For more information, please visit: https://ir.yalla.com.

References:
[1] https://www.prnewswire.com/news-releases/yalla-group-releases-2024-esg-report-302437186.html
[2] https://www.mdpi.com/2071-1050/17/9/3761