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E-commerce giant Alibaba Group promises carbon neutrality in its operations by 2030
- The company also introduced what it called its “Scope 3+” target to eliminate 1.5 gigatons of carbon emissions across its entire ecosystem by 2035
- Alibaba said it will leverage its influence to mobilise behavioural changes among its consumers, merchants and partners in China and around the world
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Chinese e-commerce giant Alibaba Group Holding aims to become carbon neutral in its operations by 2030, it announced on Friday.
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It is the latest technology giant to make a solid commitment to supporting the country’s 2060 net-zero emissions goal.
The company, which owns the South China Morning Post, also introduced what it called its “Scope 3+” target to eliminate 1.5 gigatons of carbon emissions across its entire business ecosystem by 2035.
“We aspire to be a force for positive, innovative change in society. Our ESG strategy is predicated on our mission to be a good company that will live for 102 years, and it is the vital foundation for Alibaba’s future development,” said Daniel Zhang, chairman and CEO of Alibaba Group on the company’s Investor Day on Friday.
Alibaba is aiming for carbon neutrality for Scope 1 and 2 emissions – direct greenhouse gas emissions from owned or controlled sources, and indirect emissions from the generation of purchased electricity, steam, heating, or cooling – by 2030.
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