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Envision Technology Group released its first carbon neutral report

Envision Technology Group released its first carbon neutral report

April 24,2021
On April 22, World Earth Day, the world's leading green technology company Envision Technology Group released its first carbon neutral report, promising to achieve carbon neutrality in global business operations by the end of 2022 and achieve carbon neutrality across the value chain by the end of 2028 . Yuanjing has therefore become the first Chinese company that promises to achieve carbon neutrality across the entire value chain.

“The challenges brought about by climate change are at stake for the destiny of mankind. As a green technology company, Vision’s mission is to solve challenges for the sustainable development of mankind. We have set a more challenging goal and roadmap for ourselves: we are the first to achieve carbon neutrality. Harmony, empowering partners to accelerate carbon neutrality and help build a zero-carbon economic system." said Zhang Lei, CEO of Envision Technology Group.

With the support of The Carbon Trust, an international independent consulting organization, Envision has conducted calculations on the carbon emissions data of operations and value chains around the world, and analyzed them in combination with different business sectors and regions.

For the first time, the report disclosed in detail the environmental data of the Envision Technology Group's operation and value chain level: In 2020, the group's greenhouse gas emissions at the operation level were approximately 82,268 tons of carbon dioxide equivalent, mainly from the power battery business. With the rapid development of businesses such as smart wind turbines, power batteries, and smart Internet of Things, it is expected that carbon emissions will increase substantially in 2022. In order to achieve the goal of carbon neutrality in operations in 2022, Vision will reduce and offset greenhouse gases estimated to exceed 400,000 tons of carbon dioxide equivalent by means of energy saving and emission reduction, increasing green power consumption and purchasing carbon credits.

Ashlee Peng
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