Carbon reduction Archives - Page 2 of 3

Trip.com Launches “LESS Carbon Neutral Plan”

On July 27, Chinese travel services platform Trip.com released its "LESS-Carbon Neutral Plan," pledging to gradually achieve carbon neutrality in its own operations, and to jointly launch at least 10,000 low-carbon travel products with its ecological partners.

Vivo Releases First Sustainable Development Report

On July 26, Chinese electronics firm vivo released its 2021 Sustainable Development Report, which focuses on four major aspects: the sharing of science and technology, green symbiosis, value creation and social benefit.

Shenzhen Stock Exchange Releases ESG Ratings Methodology

On July 25, Shenzhen Securities Information Co., Ltd., a wholly-owned subsidiary of the Shenzhen Stock Exchange (SZSE), launched the CNI ESG Ratings Methodology.

WEF Report: China’s 2060 Carbon Neutrality Goal to Cost $20.7T

The estimated total green financing required in China from 2020 to 2060 to achieve its carbon neutrality target is about 140 trillion yuan ($20.7 trillion) in the power, steel, transportation, construction and real estate sectors.

First Year of China’s Carbon Market Yields Total Transactions Near $1.26B

As of July 15 this year, the cumulative transaction volume of carbon emission allowances in China's carbon market was 194 million tons, with a cumulative transaction value of 8.492 billion yuan ($1.26 billion).

Rate of New Energy Commercial Vehicles in China to Increase Rapidly

A recent report indicates that during China's 14th Five-Year Plan period, the penetration rate of new energy commercial vehicles is expected to increase rapidly, while the business volume of used cars also stands to increase.

Envision Group Partners With Spain on Carbon Neutrality

Shanghai-based energy firm Envision Group signed a strategic partnership agreement with the Spanish government on July 18 to promote local efforts at achieving carbon neutrality.

China Publishes First Carbon Credit Evaluation Standard for Enterprises

During the 2022 China International Carbon Trading Conference held on July 16, the "Enterprise Carbon Credit Evaluation Standard," the country's first carbon credit standard, was officially released.

Guangdong to Further Promote Carbon Market Construction

On July 13, China's Guangdong Provincial Government released a new plan for the development of green finance to support the implementation of carbon peak-related actions.

Alibaba Health Releases ESG Report Covering Healthcare, COVID, Carbon Emissions

Alibaba Health, the flagship healthcare platform of Alibaba Group, recently published its Environmental, Social and Governance (ESG) Report for April 1, 2021 through March 31, 2022 (Financial Year 2022).

Beijing Releases Plan to Peak Carbon Emissions of Construction

China's Ministry of Housing and Urban-Rural Development and the National Development and Reform Commission jointly issued a plan on July 13 regarding the implementation of carbon emissions peaks for urban and rural construction.

State Power Investment Corporation Limited and Alibaba Reach Agreement

On July 5, State Power Investment Corporation Limited (SPIC) and Alibaba Group signed a strategic cooperation agreement along with eight implementation agreements.

Alibaba Cloud Launches Carbon Management Solution Energy Expert

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba, announced on Thursday the global launch of Energy Expert, a sustainability platform to help customers measure, analyze and manage the carbon emissions of their business activities and products.