China Investment Corporation Going Carbon Neutral

Posted on 04/11/2023


China Investment Corporation (CIC) has released their Action Plan for Operational Carbon Neutrality. This will implement the goals of carbon peak (ensuring carbon levels peak no later than 2030) and carbon neutrality.  The plan follows up on earlier publications The Sustainable Investment Policy and the Guidelines on Attaining Carbon Peak and Carbon Neutrality Goals and Practicing Sustainable Investing.

In addition to individual employees’ making changes to reduce their footprint, the plan calls for “afforestation for higher carbon sink and [striving] to achieve the operational carbon neutrality goal as scheduled, promoting the low-carbon transformation of economy and society.”

Three sources of emissions are being targeted: purchased electricity, data center and products, and the travel of employees. To reduce power consumption, CIC has purchased green electricity and green certificates, optimized office space, and educated employees on daily habits. CIC has also made efforts to increase green procurement, reduced printing, and changed waste disposal and recycling practices. Lastly, CIC has helped commuters change to an environmentally friendly method of travel. CIC is planning to combine green measures with other social programs, such as rural revitalization and making local green industries.

CIC is planning future Action Plans that will be concerned with new science and their investment portfolio.

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