China Corporate Climate Action Proposal

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China Corporate Climate Action Proposal:

The climate crisis is intensifying. Catastrophic and extreme climate events are hitting us on an unprecedented scale, threatening the sustainable development of humans and the ecosystem. Humanity must unite to tackle the climate challenge and work towards the goal of the Paris Agreement. It is now our last chance to realize the goal and thus avoid a systemic outbreak of climate disaster.

China has committed to peaking carbon emissions before 2030 and to achieving carbon neutrality by 2060. These “dual carbon” targets will steer the way of the climate actions for Chinese enterprises, organizations, and the public. 

We call on businesses to integrate carbon reduction targets into their development strategies, to adopt green and low-carbon technologies and sustainable business models, and to offer climate-friendly products and services. We call on business associations, chambers of commerce, federations, leading companies, and financial institutions to take the lead among industrial chains and business clusters in carbon reduction, green transformation, and green innovation.

Hereby, we propose the following actions:

1. Set ambitious and achievable net zero targets and implementation plans;

 

2. Strengthen greenhouse gas accounting and management, and support the development of sectoral carbon management standards and tools; 

 

3. Optimize energy efficiency, and adopt energy-saving, green and low-carbon production technologies and management practices;

 

4. Scale up the use of renewable energy; explore and develop energy storage and negative emission technologies;

 

5. Commit to offering healthy, ecological and climate-friendly products and services;

 

6. Take environmental responsibility in the full product life cycle, and reduce resource waste and pollutant emissions in all processes;

 

7. Promote joint emission reduction actions with partners in the entire business stream to foster green supply chain;

 

8. Use trading mechanisms and carbon sink products to offset unavoidable emissions;

 

9. Participate and support the development of green finance and climate finance;

 

10. Promote ESG practices and sectoral ESG standards development.

Let us join hands and devote to achieving China’s carbon peaking and carbon neutrality targets, and to building a community of shared future for mankind and nature.