To achieve the goal of "double carbon", it is necessary to promote top-level design and policy planning from top to bottom, but also to promote implementation and transformation and innovation from the bottom up, and it is inseparable from the pragmatic actions of foreign-funded enterprises in China. After China proposed the "double carbon" goal, many foreign-funded enterprises have responded to the situation and contributed solutions and wisdom to help China's green development.
Recently, BHP Billiton released a Climate Transition Action Plan to comprehensively deepen the Group's climate strategic approach, increase greenhouse gas emission reduction efforts, and enhance climate risk management in global value chains. According to the plan, by 2050, BHP Billiton will strive to achieve net zero greenhouse gas emissions from direct supplier operations and net zero greenhouse gas emissions from all mineral transportation. To this end, the Group will work with customers and interested parties to promote the accelerated transition to carbon neutrality in steel production and other downstream processes, and will strive to achieve carbon neutrality in the production of future commodities such as copper, nickel and potash fertilizers, so as to support value chain emission reduction and contribute to the world's transition to net zero.
"The plan clarifies BHP Billiton's role and actions in helping the world's decarbonisation transition and reinforces the Group's strategic approach to achieving net zero emissions from operations by 2050." Mike Henry, CEO of BHP Billiton, said BHP Billiton is committed to minimizing the carbon emissions of existing products and providing safe and reliable resource support for the world to enter a net-zero future. "We will take concrete and effective action to accelerate emissions reductions across the value chain, continue to support low-carbon technology solutions, and advocate for policy responses to promote collective global action on climate change."
In early September, Covestro announced that its integrated site in Shanghai had received isCC Plus quality balance certification. This is the first ISCC Plus certification site in Covestro Asia Pacific and the third Covestro site to achieve quality balance certification after its roots in Antwerp and Yuldin in Europe.
ISCC (International Sustainability and Carbon Certification) is an internationally recognized sustainability certification system for biomass and bioenergy. This certification means that Covestro has the ability to supply customers in the Asia-Pacific region with high-performance polycarbonate plastics made from alternative raw materials and polyurethane raw material diphenylmethane diisocyanate (MDI), which are as good as the corresponding fossil-based products.
"We are very proud that we have taken a big step forward in achieving our vision of a comprehensive recycling to meet the market demand for more sustainable products." Sucheta Govil, Chief Commercial Officer of Covestro, said that with the latest quality balance certification, companies can directly support customers in the Asia-Pacific region and reduce their carbon footprint. The solution requires no technical modification and can be applied directly to existing production processes.
Chen Yun, General Manager of Covestro's Shanghai Verbund Site, believes that this is a key step for the company to achieve carbon neutrality and ultimately embark on the road to a circular economy. Not only is the site externally certified, but it is also actively advocating for the use of more sustainable raw materials and implementing the goal of reducing its carbon footprint in all aspects of product production, distribution and raw material sourcing.
With the opening up of China's financial industry and the official launch of the carbon emission trading market, foreign enterprises and foreign financial institutions have also participated in China's carbon emission pledge financing business.
On August 2, Singapore's Golden Eagle Group signed a carbon emission pledge loan contract with China Construction Bank Guangdong Branch. This is the first foreign carbon emission rights mortgage business in China, and it is also another innovative measure in the field of carbon finance in the field of carbon finance in order to support China to achieve the "double carbon" goal after Golden Eagle Group and bank of Communications reached the first foreign carbon asset custody agreement in China.
In the view of Wang Jianguo, chairman of the Golden Eagle China Energy Management Committee, the first foreign carbon emission rights mortgage business will help Golden Eagle China to revitalize carbon assets, improve the efficiency of carbon asset management, optimize and upgrade energy conservation and emission reduction links, and achieve sustainable development in energy conservation, consumption reduction and environmental protection, so as to truly obtain economic and environmental benefits.
In early September, the national carbon emissions trading market witnessed the first carbon emissions-related loan of foreign banks. HSBC Bank (China) Limited announced that it has successfully secured a carbon emissions-related loan for an energy-based state-owned enterprise. This is also an innovative attempt by HSBC to use carbon emission rights to help enterprises revitalize carbon assets and optimize financing structures. (Reporter Yan Lanfei)