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PR Newswire

COP28 PRESIDENCY HIGHLIGHTS NEED FOR ENHANCED YOUTH INCLUSION AT SB58 ‘YOUTH STOCKTAKE’ SIDE EVENT, ANNOUNCES COHORT OF 100 INTERNATIONAL YOUTH CLIMATE DELEGATES

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  • COP28 Presidency hosts ‘Youth Stocktake’ side event at the Bonn Climate Change Conference (SB58), to assess challenges and opportunities to enhance youth inclusion in climate negotiations
  • COP28 Presidency and COP28 Youth Climate Champion’s team announced the delivery of an action plan on the road to COP28 to improve youth engagement structures
  • 100 young people selected for the COP28 International Youth Climate Delegates Program, of which 74% represent least-developed countries and small-island developing states
  • The program expands and empowers youth inclusion in the multilateral climate process through capacity-building and participation in key climate events

BONN, Germany, June 9, 2023 /PRNewswire/ — The incoming COP28 Presidency today hosted the first ‘Youth Stocktake’ side event at the Bonn Climate Change Conference (SB58), which assessed the opportunities and challenges for youth participation in climate negotiations and multilateral climate processes. 

Dr. Sultan AHmed AL Jaber, President-Designate of COP28 USE; Simon Stiell, Executive Secretary of the UNFCCC
Dr. Sultan AHmed AL Jaber, President-Designate of COP28 USE; Simon Stiell, Executive Secretary of the UNFCCC

The concept of a Youth Stocktake was announced at the event to accompany the first Global Stocktake, by conducting an assessment of the advancements and gaps for youth inclusion in the UNFCCC negotiation process. Set to be delivered at COP28, the first Global Stocktake reviews progress towards meeting the goals of the Paris Agreement and is a critical turning point for efforts to address climate change by delivering an ambitious response and to course correct.

The SB58 side event was attended by Dr. Sultan Ahmed Al Jaber, President-Designate of COP28 UAE; Simon Stiell, Executive Secretary of the UNFCCC; Shamma Al Mazrui, UAE Minister of Community Development and COP28 Youth Climate Champion; Razan Al Mubarak, COP28 High Level Champion, representatives from Parties, the United Nations and youth stakeholders.

“COP28 is determined to ensure that youth voices and ambitions are a focal point of the climate process. Through this Youth Stocktake, we will identify the gaps for youth inclusion and build on efforts to enhance access, capacity and resources for young people,” said COP28 President-Designate Dr. Al Jaber. “Within the COP28 team, nearly 70% of our negotiators are under the age of 35. The COP28 Presidency and the Youth Climate Champion are committed to supporting and enabling greater access for youth especially from underrepresented communities through key initiatives such as the International Youth Climate Delegates Program.”

“Meaningful youth engagement in the UNFCCC requires more than attending the conference. We need all voices to be heard. We must continue and enhance our support to young people so that you can meaningfully engage and influence the process, and influence the trajectory for global climate goals and commitments. I hope the Youth Stocktake will improve our understanding of where we are in ensuring youth participation in the process. Something we have all committed to”, said Executive Secretary of the UNFCCC, Simon Stiell.

“Equitable climate action calls for youth to be heard, given access and enabled to contribute to decision-making. As we approach COP28, our vision is clear: each subsequent COP must surpass its predecessor. The COP28 International Youth Climate Delegate Program recognizes that youth have a pivotal role to play in the success of COP28 and climate progress,” said COP28 Youth Climate Champion Al Mazrui. “Youth hold the key to our shared future, their passion and innovation ignite change. We are committed to enhancing youth participation within the COP28 Presidency and the COP process, strengthening platforms that advance the youth climate agenda, formalizing their involvement, relaying and amplifying their voices, and empowering them through capacity building.”

“Success is incumbent on authentic inclusivity. Everyone is needed if we are to succeed,” said UN Climate Change High Level Champion for COP28 Ms. Al Mubarak. “We need to deliver for our youth and children by mobilizing support for youth-led solutions and ensuring that the non-state actors and the private sector support capacity-building, skills development and green jobs opportunities.”

During the session, youth leaders highlighted notable milestones of youth inclusion including the establishment of YOUNGO; the annual Conference of Youth which precedes COP and local pre-COP youth conferences, which took place in 80 countries in 2022. Speakers at the event also discussed progress made on the Global Youth Statement, an annual comprehensive set of youth policy proposals agreed to by global youth organizations, paragraph 64 of the COP26 Glasgow Climate Pact, and paragraph 55-57 of the COP27 Sharm el-Sheikh Implementation Plan.

At the event, YOUNGO and youth leaders discussed persistent challenges faced by young people, including the lack of resources and funding for youth climate volunteers; gaps in education and capacity building to understand the complex negotiation topics, a lack of formalized processes for youth policy proposals to be considered by governments, and a disconnect between youth needs in formal negotiation spaces.

Young people called on the UNFCCC to reform international youth policy input processes and establish an accessible catalog of capacity-building content. Based on recommendations at the event, the incoming COP28 Presidency and the Youth Climate Champion agreed to deliver a roadmap and action plan on the road to COP28 to improve UNFCCC youth engagement structures.

First Cohort of the COP28 International Youth Climate Delegate Program Selected

The COP28 Presidency have also selected the first International Youth Climate Delegate Program (International YCDP) cohort of 100 youth delegates, representing the world’s least-developed countries, small island developing states, Indigenous Peoples, and minority groups.

Seventy-four percent of the delegates represent least-developed countries and small-island developing states across Africa, Latin America, the Caribbean, Asia, Oceania, the Middle East, and North Africa. The cohort of delegates include 12 from Indigenous communities and 10 from conflict areas. Fifty-six delegates are female, six are People of Determination, and 72 of the 100 delegates have never attended a COP.

The COP28 Youth Climate Champion team and YOUNGO oversee the International YCDP program. Six youth delegates from the International YCDP and three from the UAE Youth Climate Delegate Program participated in the SB58 as party observers.

The program was designed to provide a platform for the needs and policy proposals of youth in global climate decision-making, build climate capacity, knowledge, and networks among youth, and establish a model for equitable youth inclusion in all future COPs.

Leading up to COP28, youth delegates will be involved in capacity-building sessions, follow the UNFCCC negotiation process closely throughout the year, gather inputs from their home countries to build a youth-centered strategic plan for COP28, and participate in key climate events.

For all media enquiries and requests for interviews, please contact communications@cop28.com  For up-to-date COP28 news, follow us on Twitter @COP28_UAE

Notes to Editors:

COP28 UAE:

  • COP28 UAE will take place at Expo City Dubai from November 30-December 12, 2023. The Conference is expected to convene over 70,000 participants, including heads of state, government officials, international industry leaders, private sector   representatives, academics, experts, youth, and non-state actors.
  • As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.
  • The UAE will lead a process for all parties to agree upon a clear roadmap to accelerate progress through a pragmatic global energy transition and a “leave no one behind” approach to inclusive climate action.
PR Newswire

BEST Inc. Publishes 2022 ESG Report, Driving Green Logistics through Digitalization

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HANGZHOU, China, May 29, 2023 /PRNewswire/ — BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today released its “2022 ESG Report,” highlighting the company’s fulfillment of social responsibilities, global participation in social welfare initiatives, and promotion of green logistics through digitalization.

The report is divided into seven sections, showcasing BEST’s contributions to social welfare and green logistics. In 2022, it delivered goods to areas affected by the pandemic for free, reduced paper usage by 8.5 million A4 sheets annually through blockchain technology, and saved 70,000 liters of diesel by continuously replacing diesel forklifts with electric forklifts.

The Company also formed long-term strategic partnerships with over 100 colleges and universities, and participated in public welfare activities, such as helping underprivileged students and donating goods.

“Social support and trust are essential to corporate development,” said Johnny Chou, BEST Inc.’s Chairman and CEO. “As a logistics enterprise, BEST has always prioritized green practices, digitalization, and mutual benefit, in order to promote sustainable development and create greater value for our customers, employees, and society.”

BEST Inc. generated RMB 7.74 billion in total revenue in 2022, with service in eight countries. The Company achieved full coverage of its express network in four Southeast Asian countries and was listed in the “Top 500 Private Enterprises in China” in 2022.

For the full BEST Inc. ESG 2022 report, please visit:
https://www.best-inc.com/BEST-Inc.ESGReport2022.pdf

Source: BEST Inc.

PR Newswire

COP28 President-Designate Calls for Action to Transform, Decarbonize and Future-Proof Economies at UAE Climate Tech

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Over 1,500 leaders from technology companies, major industries, finance, government, civil society, and the energy sector convene in Abu Dhabi for UAE Climate Tech.

UAE Climate Tech provides platform to transform, decarbonize and future proof economies.

Power of technology to turn one of the greatest challenges we face today into one of the greatest opportunities for sustainable socio-economic development.

To maintain economic progress, while dramatically reducing emissions and meeting goals of Paris Agreement, we need nothing short of a major course correction.

Need to translate what we agree inside the COP negotiation rooms into practical actions in the real world.

We need breakthrough solutions, and the single most critical source of these solutions is technology.

The potential is there, but the landscape is fragmented and this is simply slowing us down. What is missing is a holistic, unifying ecosystem that brings all the key players together and brings everything under one umbrella.

With the right policies stimulating the right investments, climate technologies could at-least double their contribution to global growth, while removing up to 25 billion tons of carbon emissions annually.

By leveraging climate technologies, we can build a new economic development model based on putting an end to emissions, while breathing new life into economic growth.

Dr. Al Jaber repeats call for the tripling of global renewable energy capacity to 11000 GW by 2030 and double again by 2040.

Renewables not only answer. 5000 cement, steel and aluminum plants in the world make up more than 30 per cent of global emissions and none can run on renewable energy alone.

Hydrogen needs to be scaled up and commercialized to make real impact on energy system.

Most recent IPCC report clearly states that applying carbon capture technologies to heavy emitting industries is a critical enabler in the race to net zero.

Need to keep pushing for breakthroughs in battery storage, expand nuclear and invest in new energies like fusion.

Need to aggressively apply the latest platform technologies such as AI, robotics, and block chain, to increase the efficiency of the energies we use today across every sector.

Technology companies need to focus on food systems and agriculture- the biggest single source of greenhouse gasses, representing over one third of global emissions.

Dr Al Jaber repeats call for the oil and gas industry to zero out methane emissions by 2030 and align around comprehensive net zero plans by or before 2050.

need to phase out emissions from all sectors including transportation, agriculture, heavy industry, and of course fossil fuels, while investing in technologies to phase up all viable zero carbon alternatives.

Need to re-imagine the relationship between producers and consumers.

From one based purely on supply and demand, to a relationship that is focused on co-creating the future.

Critical that as we adopt new technologies, the global south is not left behind. Technology is essential to helping the most vulnerable communities, build capacities and leapfrog into a low carbon economic development model.

Paris Agreement united governments around what the world must do to meet the climate challenge, COP 28 will focus on the “how”.

COP 28 to be a COP of Practical Action and Pragmatic Results, a COP of Solutions, a COP of Impact, and a COP for ALL.

Let’s break down siloed thinking and build up an integrated creative partnership.

Let’s end the finger pointing and point to actions and targets and let’s point to a brighter future.

Together, let’s create a low carbon pathway to a high growth destination, because together is the only way we will get it done.

ABU DHABI, UAE, May 10, 2023 /PRNewswire/ — His Excellency Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and COP28 President-Designate, today, called for collective climate action from global leaders to transform, decarbonize and future-proof economies.

Dr. Sultan Al Jaber,UAE Minister of Industry and Advanced Technology and COP28 President-Designate, today, called for collective climate action from global leaders to transform, decarbonize and future-proof economies.
Dr. Sultan Al Jaber,UAE Minister of Industry and Advanced Technology and COP28 President-Designate, today, called for collective climate action from global leaders to transform, decarbonize and future-proof economies.

Dr. Al Jaber was speaking to over one thousand five hundred global policy makers, innovators, and industrial leaders at the UAE CLIMATE TECH conference in Abu Dhabi with a call to accelerate the development and deployment of technological solutions to decarbonize economies and reduce emissions by at least forty-three per cent by 2030 in line with the Intergovernmental Panel on Climate Change (IPCC) report.

In his remarks, he stressed the urgent need for a responsible and pragmatic energy transition that is laser-focused on phasing out fossil fuel emissions while phasing up all viable zero carbon alternatives while ensuring that the Global South is not left behind.

“The science is already telling us that we are way off track. The latest IPCC report has confirmed that the world must reduce emissions forty three percent by 2030, and that’s if we are serious about keeping the ambition of 1.5 alive. At the same time, we know that global energy demand will continue to increase because an additional half a billion people will join us on this planet by 2030.”

“If we are going to maintain economic progress, while dramatically reducing emissions, we need nothing short of a major course correction. We need to translate what we agree inside the COP negotiation rooms into practical actions in the real world. We need to find a way to hold back emissions, not progress. We need breakthrough solutions, and the single most critical source of these solutions is technology.”

Continuing his remarks, Dr. Al Jaber noted that clean tech investments broke the $1 trillion barrier for the first time in 2022, with substantial room for growth.

“I believe this transformation represents the greatest opportunity or human and economic development since the first industrial revolution, and I know we are moving in the right direction.”

“With the right policies stimulating the right investments, climate technologies could at least double their contribution to global growth, while removing up to twenty-five billion tons of carbon emissions annually. By leveraging climate technologies, we can build a new economic development model based on putting an end to emissions, while breathing new life into economic growth.”

Despite the growth of renewable energy, the majority of emissions cannot be solved by renewables alone, particularly in heavy emitting industries.  Dr. Al Jaber noted that there are more than 5,000 cement, steel and aluminum plants in the world today that together make up almost thirty per cent of global emissions and none of them can run on wind or solar alone.

Dr. Al Jaber went on to highlight the critical role of hydrogen and carbon capture in enabling a responsible and pragmatic energy transition.

“Here is where solutions like hydrogen can play a role, but it needs to be scaled up and commercialized to make a real impact in the energy system. If we are serious about curbing industrial emissions, we need to get serious about carbon capture technologies. In any realistic scenario that gets us to net zero, carbon capture technology will have a role to play. Without it, the math just doesn’t add up.”

Dr. Al Jaber emphasized the importance of continuing to invest in nuclear energy, and push for breakthroughs in battery storage, before moving on to the need for cooperation between agriculture and technology to drive down global emissions.

“We should remember that outside of heavy emitting industries, food systems and agriculture are the biggest single source of greenhouse gasses, representing over one third of global emissions. We need technology companies to really focus on this space.  The UAE is emerging as a leader in agri-tech, vertical farming, and the use of digital technologies to reduce energy and water use while increasing crop yields in harsh environments.

“Along with the United States, the UAE has launched AIM for Climate, a fifty-country coalition aimed at maximizing the use of commercial technology to reduce emissions and increase the availability of nutritious food around the world.”

Dr. Al Jaber repeated his call on the oil and gas industry to zero out methane emissions by 2030 and align around comprehensive net zero plans by or before 2050.

“While the world still uses hydrocarbons, we must do everything in our power to reduce and eventually eliminate the carbon intensity of that energy. That’s why I have called on the oil and gas industry to zero out methane emissions by 2030 and align around comprehensive net zero plans by or before 2050. The goal for this industry and all industries is clear.  We need to phase out emissions from all sectors including transportation, agriculture, heavy industry, and of course fossil fuel emissions, while investing in technologies to phase up all viable zero carbon alternatives.”

“For this to happen faster, we need to re-imagine the relationship between producers and consumers. From one based purely on supply and demand, to a relationship that is focused on co-creating the future. We must create an active partnership between the largest producers of energy, the biggest industrial consumers, technology companies, the finance community, government, and civil society. It is an all-of-the-above effort: working together, the goal would be an accelerated, pragmatic, practical and just energy transition that leaves no one behind.”

Dr. Al Jaber noted that maximizing technology adoption in the Global South requires the public, multilateral, and private sectors to supercharge climate finance by enhancing the availability, accessibility and affordability of capital countries that need it most.

“It is critical that as we adopt new technologies, the Global South is not left behind. Last year, developing economies received only twenty per cent of clean tech investments. These economies represent seventy percent of the world’s population – that’s over 5 billion people. Technology is essential to helping the most vulnerable communities build capacities and leapfrog into a low carbon economic development model.”

Concluding his remarks, Dr. Al Jaber noted that time is running out and the stakes for the planet are high. “While the historic Paris Agreement united governments around what the world must do to meet the climate challenge, COP28 will focus on the ‘how’,” Dr. Al Jaber said.

For up to date COP28 news, follow us on Twitter @COP28_UAE

Notes to Editors

COP28 UAE:

  • COP28 UAE will take place at Expo City Dubai from November 30-December 12, 2023. The Conference is expected to convene over 70,000 participants, including heads of state, government officials, international industry leaders, private sector representatives, academics, experts, youth, and non-state actors.
  • As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.
  • The UAE will lead a process for all parties to agree upon a clear roadmap to accelerate progress through a pragmatic global energy transition and a “leave no one behind” approach to inclusive climate action.
Dr. Al Jaber repeated his call on the oil and gas industry to zero out methane emissions by 2030 and align around comprehensive net zero plans by or before 2050.
Dr. Al Jaber repeated his call on the oil and gas industry to zero out methane emissions by 2030 and align around comprehensive net zero plans by or before 2050.
PR Newswire

Hisense Named to Fortune China’s ESG Influential Listing 2023

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QINGDAO, China, May 6, 2023 /PRNewswire/ — Hisense, the consumer technology brand and a major international provider of home appliances, has once again been named to Fortune China’s ESG Influential Listing, for its excellent performance in the fields of technology research and development, manufacturing, and supply chain partnerships.

Hisense has once again been named to Fortune China’s ESG Influential Listing
Hisense has once again been named to Fortune China’s ESG Influential Listing

The companies selected in the list have made remarkable efforts to improve the environment, protect employees and support communities, and are exploring a path to sustainable and inclusive growth. With an increasingly significant focus on social responsibility (which forms part of China’s “dual carbon” strategy), Hisense also recognizes the importance of a global effort that goes beyond Asia to the benefit of all other countries across the globe. 

The Fortune China’s ESG List 2023 noted: “This year, Hisense was especially highlighted for its work that takes advantage of the ‘Solar photovoltaic, Energy storage, Direct current and Flexibility'(PEDF) building opportunity created by China to create and employ advanced self-developed technology for central air conditioning systems. This advancement changes the air conditioning system from a large power consumer to a transfer station of the distributed energy system. This solves the disadvantages of large power consumption and high carbon emission of traditional air conditioning, and realizes the technical innovation of the traditional air conditioning industry.”

“Additionally, Hisense has improved water use efficiency and the reduction of water pollution across various fields, such as plant site selection, technical transformation implementation, production and manufacturing and supply chain partner selection. At the same time, the company actively promotes the recycling of industrial wastewater nearby, optimizes the reuse rate of industrial wastewater in the factory and continuously reduces the consumption of new water.”

Aspiring to become the most reliable brand in the world with more than a century of brand heritage, Hisense is in continual pursuit of providing technological innovation to millions of families globally with high-quality products and bringing excellent experiences to people’s life.

About Hisense

Hisense is a leading global home appliance and consumer electronics brand. Hisense’s business covers multimedia products (with a focus on Smart TVs), home appliances, and IT intelligent information. Recently, Hisense has grown rapidly and is now operating in more than 160 countries.

PR Newswire

Delta Honored as “A” Grade Supplier Engagement Leader by CDP for Supply Chain Sustainability for the 3rd Consecutive Year

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TAIPEI, March 24, 2023 /PRNewswire/ — CDP recently announced their 2022 Supplier Engagement Rating (SER), and named Delta the “Supplier Engagement Leader” with the highest scores, “A” rating, in key rating categories such as “Overall CDP Climate Change Performance”, “Supply Chain Engagement” and “Scope 3 Emissions”.  This is the third consecutive year that CDP has recognized Delta as Supplier Engagement Leader, after awarding Delta the Double A List Rating on “Climate Change” and “Water Security” last year. Delta’s efforts and action on climate issues are once again recognized by indicative assessment.

Jesse Chou, chief sustainability officer of Delta, stated that Delta has long been concerned about climate change and global warming, while proactively participating in international sustainability initiatives, and implementing energy-saving projects in daily operations. In 2021, Delta achieved its SBT target ahead of schedule and today the proportion of renewable electricity used at Delta’s global sites has reached 55%. Based on this achievement, Delta is committed to reaching RE100 and carbon neutrality by 2030 and has established a long-term strategy with plans to achieve net zero emissions by 2050 in response to global efforts to control global warming in line with the 1.5°C pathway. This makes Delta the first company in the technology hardware and equipment industry in Asia and the 125th company in the world to have passed the SBTi’s net-zero science-based target review*1.

To achieve the long-term target of net zero emissions in 2050, Delta has set a target to reduce Scope 3 emissions*2 by 25% in 2030 compared with a base year of 2021. Delta also strives to create a sustainable supply chain and demands its tier 1 suppliers to meet the ISO14064-1 greenhouse gas emissions standard by 2025. In addition to regularly providing ESG training for suppliers, Delta leads suppliers in carrying out carbon inventory, collaborates with more than 90% of its tier 1 suppliers every year on climate change related issues, and provides their energy-saving and carbon reduction experience to help suppliers implement carbon reduction. Delta also promotes a supply chain sustainability plan, helping long-term suppliers with energy-saving diagnosis and improvement, and at the same time promoting Delta’s energy-saving products and solutions in the process. Delta’s technical expertise has helped a semiconductor manufacturer implement energy-saving improvements with an overall investment of US$1.8 million and an annual electricity savings of 14 million kWh, equivalent to an annual savings of US$1.15 million*3.

Each year, Delta calculates the manufacturing carbon footprint for nearly 40 customers participating in the CDP supply chain program and provides energy-saving technologies and carbon reduction benefits to reduce greenhouse gas emissions at each manufacturing step. From 2010 to 2021, Delta’s high-efficiency products have helped global customers save a total of 35.9 billion kilowatt-hours of electricity, which is equivalent to reducing 19.01 million tons of carbon emissions. Since 2015, 11 energy-saving products shipped by Delta, including electronic ballasts, server power supplies, photovoltaic inverters, electric vehicle DC chargers, have been successively verified by ISAE 3000, demonstrating actual results in helping customers in carbon reduction. In addition, Delta’s main production plants were 100% compliant with ISO 14064-1 certification in both the scope 1 and scope 2 greenhouse gases emissions in 2021, and scope 3 has also been certified by a third party. The manufacturing plants and buildings have also implemented 80 water-saving programs and 64 waste reduction measures, saving a total of 165.8 thousand tons of water and 3,986 metric tons of waste*3.  All of Delta’s climate actions and actual results are in line with CDP SER’s target of carbon reduction through supplier engagement.

CDP’s annual environmental disclosure and scoring is recognized as an important standard for the transparency of corporate environmental sustainability. Its supply chain program has about 280 major members, with a total procurement expenditure of up to US$6.4 trillion. CDP conducts its annual SER assessment using each company’s response to questions on governance, targets, Scope 3 emissions, overall climate change project performance, and supply chain engagement in the CDP Climate Change questionnaire with companies on a supply chain program. In 2022, more than 18,500 companies participated in CDP disclosure.

Note 1.     The net-zero SBT set by Delta was approved by SBTi in December 2022 where the long-term target is to reduce Scope 1+2+3 greenhouse gas emissions by 2050 with the base year of 2021. At the same time, Delta establishes a new short-term target based on the 1.5°C pathway including a reduction of Scope 1+2 emissions by 90% in 2030, and a reduction of Scope 3 emissions by 25% compared with the base year of 2021, which is stricter than the SBTi 1.5°C requirement to reduce Scope 1+2 emissions by 42% in 2030.

Note 2.     Scope of Greenhouse Gas Emissions (Scope 1-3):
–  Scope 1: Direct emissions from the sources owned or controlled by an organization (such as diesel, gasoline, or natural gas)
–  Scope 2: Indirect emissions from an organization’s purchased electricity
–  Scope 3: Other indirect emissions from the upstream and downstream organizational activities of a company’s supply chain

Note 3.     Please refer to the 2021 Delta Electronics ESG Report.

About Delta

Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 12 consecutive years. In 2022, Delta was also recognized by CDP with double A List for its substantial contribution to climate change and water security issues and named Supplier Engagement Leader for its continuous development of a sustainable value chain for the 3rd consecutive year.

For detailed information about Delta, please visit: www.deltaww.com

PR Newswire

Shanghai Jahwa Accelerates Management Change and Upgrades to Lead China’s Cosmetics Industry to A New Era

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SHANGHAI, March 21, 2023 /PRNewswire/ — On March 17, Shanghai Jahwa United Co.,Ltd. (Shanghai Jahwa) held its 2023 Strategic Conference entitled “To Beauty To Youth” to share the company’s development strategy, ESG management and industry trends. Entering its 125th year, Shanghai Jahwa has created several legends in the Chinese cosmetics industry. As the Deputy General Manager, CFO and Board Secretary of the company, Min Han promoted the management change of the company, making Shanghai Jahwa the first beauty company to introduce ESG management model, and led the digital transformation of the company to achieve the integration of industry and finance, empowering business innovation and development.

Green development and harmonious coexistence have become the consensus for more and more international companies. In 2021, Min Han, as the executive of Shanghai Jahwa, promoted the company to introduce the leading ESG management concept in the international capital market and released the “Mid to Long-term Sustainable Development Outline” to accelerate the achievement of carbon peaking and carbon neutrality goals and lead the sustainable development of the company and the consumer industry. ESG requires companies to make more investments in environment, society and governance, such as using biodegradable materials and full-chain recycling along the whole chain, which will inevitably affect the company’s profit in the short to medium term. Min Han led a team to study green and low-carbon, social investment and corporate governance, starting from the company’s long-term development strategic plan. The ESG project received full support from the board of directors in 2021 after nearly two years of repeated demonstration and adequate communication with the board members, and added a medium and long-term performance consideration dimension for the management, so that the implementation of ESG on the ground can be guaranteed. The company takes green environmental protection and carbon neutral as important issues into its daily management, and promoted upstream and downstream enterprises in the industry chain to join the low-carbon ecosystem. Meanwhile, according to the company’s online development and digital transformation needs, issues such as consumer privacy protection and data security are included in the ESG issues, so that the company can enhance data security management awareness while using technology empowering (e.g. AI Face project, CRM database). As of 2022, Shanghai Jahwa has jumped to BBB status in the rating of the internationally renowned indexing company MSCI ESG, and is at the top echelon of the Chinese cosmetics industry.

With the wide application of new technologies such as AI, Blockchain, Cloud and Big Data, it is also imperative for enterprise management to embrace digitalization, which will help enterprises make more efficient and accurate decisions. Min Han mentioned in a previous interview that finance is the first step in corporate reform. As CFO, Min Han advocates accelerating the construction of financial dimensional thinking, business-financial integration and digital management transformation within the company. She proposed that “with value creation as the goal, the digital transformation of finance will be accomplished by means of quantifiable, visualized and optimized data”. Specifically, Shanghai Jahwa takes the opportunity of deep integration of digital technology and financial management to build a digital financial system featuring automated transaction processing, unmanned monthly closing, real-time risk insight, and modeled decision-making. The company has introduced a digital employee “RPA Finance Robot”, which can intelligently review 50% of financial documents and improve human efficiency. In addition, nearly 90% of business documents are intelligently booked and accounting vouchers are generated in 60 seconds, and the issuance of the monthly reports of subsidiaries is significantly shortened from 20 days in 2016 to 5 working days in 2022. The company’s financial system is interconnected with the business system without forming any data silos, and finally the data resources of the whole group are integrated and managed and deeply mined through the data center, creating an informationized and digitalized platform management ecology and enabling the efficient development of the company’s business. In recognition of Min Han’s holistic and forward-looking contributions to the digital transformation of Shanghai Jahwa and his leadership in the reform of management accounting in China, Min Han was awarded the honorary title of “IMA Honorary Management Accounting Leader” certified by IMA.

Within the new context of digital transformation, financial work, as one of the central tasks of enterprise management, is no longer limited to accounting and supervision, but requires business insight, extending its work to the whole business process, understanding the real needs of front-end business, providing business analysis and decision support for business departments, and realizing the integration of business and finance. Take the company’s Herborist brand for an example, the first Chinese herbal skin care brand rooted in the concept of yin-yang balance, which continued to lose market share from 2014-2019. Min Han led the finance team to work with the business unit to examine the brand’s product matrix, new product recruitment rate, repurchase rate, cost analysis of core individual products, brand marketing delivery efficiency, CRM customer retention, POS system single store transaction data, and impact on financial statement revenue and earnings, so that the brand has continued to improve over the past three years and has been awarded $22.5 million in 2021 from a special government program to support its medium to long-term growth.

The reason that Shanghai Jahwa can lead the industry in every stage of its 125 years of development cannot be separated from its advanced, open and inclusive corporate management philosophy and its genetically-rooted Shanghai-style characteristics. ESG management, digital transformation and integration of business and finance outline a beautiful blueprint for Shanghai Jahwa’s development in the medium to long term. Grasping the pulse of the times and integrating the century-old craftsmanship culture, we believe that in the near future, Shanghai Jahwa will bring Chinese beauty to the world.

PR Newswire

Hikvision launches global STAR program for social good

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— Unleashing the power of technology to create a better world

HANGZHOU, China, Feb. 16, 2023 /PRNewswire/ — Hikvision has announced the launch of the Global STAR (Sustainability through Technology, Actions for Responsibility) Program for Social Good. The program aims to partner with non-profit organizations exploring innovative ways to protect valuable nature and culture and benefit communities through Hikvision’s cutting-edge technologies.

Hikvision launches global STAR program for social good
Hikvision launches global STAR program for social good

The scope of the STAR Program will focus on three areas: biodiversity monitoring and conservation, environmental monitoring and protection, and cultural heritage preservation. Through this program, Hikvision is looking for partners such as NGOs, social enterprises, research institutions, and other organizations to make a difference in these three areas.

Hikvision launches global STAR program for social good
Hikvision launches global STAR program for social good

“In two decades, we have transformed Hikvision from a small startup to a global enterprise. We are so glad to see that our products are making a positive societal impact every day around the world not only by safeguarding communities, but also improving commercial efficiency, protecting biodiversity and advancing environmental conservation. In the future, we will keep on technology innovation and provide more value for communities and our planet,” said Huang Fanghong, Senior Vice President of Hikvision.

Hikvision recognizes its responsibility and has initiated projects for social good across the globe, such as helping protect rhinos from poachers in South Africa, aiding researchers monitoring and analyzing the recovery of rescued sea turtles, and monitoring the quality of source water with innovative IoT technologies.

To learn more about the STAR Program, please visit:
https://www.hikvision.com/en/about-us/sustainability/STAR/ 

If you want to join us or have any questions, you are more than welcome to contact:
STAR@hikvision.com  

PR Newswire

Masdar-led consortium strengthens partnership to advance landmark 4 GW green hydrogen program in Egypt

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  • UAE’s Masdar, Hassan Allam Utilities, and Infinity Power sign framework agreement with Egyptian state-backed entities for the development of green hydrogen and derivatives’ production facilities
  • First plant scheduled to be operational by 2026; consortium targeting capacity of 4 GW by 2030, and an output of up to 480,000 tons of green hydrogen per year
  • Agreement highlights UAE’s support for Egypt’s clean energy objectives; follows Masdar’s historic announcement of 10 GW wind project in country

ABU DHABI, UAE, Nov. 17, 2022 /PRNewswire/ — Masdar, the UAE’s flagship clean energy company, and its consortium partners, Infinity Power Holding and Hassan Allam Utilities, announced that they have signed a framework agreement with leading Egyptian state-backed organizations on the development of a 2 gigawatt (GW) green hydrogen project in the Suez Canal Economic Zone (SCZONE).

The Masdar-led consortium signed two Memorandums of Understanding (MoUs) in April with Egyptian entities, related to the development of two green hydrogen production plants in the country, one in the SCZONE and the other on the Mediterranean. The consortium is targeting an electrolyzer capacity of 4 gigawatts (GW) by 2030, and an output of up to 480,000 tonnes of green hydrogen per year.

Yesterday’s agreement was signed on the sidelines of the 2022 United Nations Climate Change Conference (COP27) in the presence of HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate, and Chairman of Masdar, HE Dr Mohamed Shaker El-Markabi, Egypt’s Minister of Electricity and Renewable Energy and HE Hala Al-Said, Egypt’s Minister of Planning and Economic Development.  HE Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, and HE Mariam Al Kaabi, UAE Ambassador to Egypt were also present.

The signatories were Mohammad Abdelqader El-Ramahi, Director for Asset Management, Technology and Green Hydrogen, at Masdar, Amr Allam, Chief Executive Officer of Hassan Allam Utilities, and Mohamed Ismail Mansour, Chairman of Infinity Power Holding. CEOs from the state-backed organizations also attended the event.

H.E. Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, UAE Special Envoy for Climate, and Chairman of Masdar, said, “Today’s announcement serves to strengthen the ties between the United Arab Emirates and the Republic of Egypt and highlights our two nations’ commitment to delivering zero-carbon energy solutions. This 4 GW green hydrogen program follows Masdar’s announcement last week of a 10-gigawatt wind project in Egypt, also with our partners Hassan Allam Utilities and Infinity Power Holding – both will support Egypt’s decarbonization objectives. Through Egypt’s hosting of COP27, our two countries have also been able to exchange expertise and share insights that we will take forward and build on in the UAE when we host COP28 next year.”

Mohamed Ismail Mansour, Chairman, Infinity Power, said, “We are honored to be working on our first ever Green Hydrogen project, as a part of the consortium with Masdar and Hassan Allam Utilities. The project is expected to facilitate economic growth for the country as well as help position Egypt as a Green Fuel Hub, propelling the country forward on its journey in becoming a green economy. We look forward to being a part of many such projects in the future.”

Amr Allam, CEO of Hassan Allam Holding, said, “Such strategic partnerships between Hassan Allam Utilities, Masdar, and Infinity Power provide more opportunities that support Egypt’s transition towards a green economy and promote sustainable development across the country. We are proud to contribute to the development of green hydrogen production facilities in Egypt while leveraging the country’s abundant natural resources.”

Nayer Fouad, CEO, Infinity Power, said, “We are always working towards expanding our portfolio of services across all technologies of sustainable energy production. This is a milestone event for us at Infinity Power, and we look forward to continuing to build upon our efforts with more Green Hydrogen projects as we move forward towards making the vision of a sustainable Africa a reality.”

Mohammed Jameel Al Ramahi, CEO, Masdar, said: “Today’s announcement takes us a vital step closer to advancing this massive collaborative project, which stands to bolster Egypt’s energy independence and enable the production of high-value green hydrogen derivatives for export, like green ammonia. With the first green hydrogen molecule set to be produced by 2026, it is imperative we continue to maintain momentum to ensure timely completion of this groundbreaking undertaking.”

As per the agreement, the consortium will enter into a binding framework agreement with the SCZONE, the Egyptian New and Renewable Energy Authority (NREA), Egyptian Electricity Transmission Company (EETC), and The Sovereign Fund of Egypt (TSFE). The agreement sets out the key terms and conditions for the green hydrogen development program with a focus on the first phase of the program.

In the first phase of the project, the consortium will establish a green hydrogen manufacturing facility in the SCZONE, scheduled to begin operations by 2026. The electrolyzer facilities in the SCZONE and on the Mediterranean could be extended to up to 4 GW by 2030 to produce 2.3 million tonnes of green ammonia for export as well as supply green hydrogen for local industries.

Egypt enjoys abundant solar and wind resources that can allow for the generation of renewable power at a highly competitive cost, a key enabler for green hydrogen production and is located within proximity to markets where demand for green hydrogen is expected to grow the most, providing a robust opportunity for export.

Masdar, Infinity Power and Hassan Allan Utilities last week announced they had signed an agreement to develop a 10 GW onshore wind project in Egypt – one of the largest wind farms in the world. Once completed, the wind farm will reduce carbon dioxide emissions by 23.8 million tonnes a year – equivalent to 9 percent of Egypt’s current output

Egypt is targeting renewables to make up 42 percent of its energy mix by 2035, while Egyptian authorities are reportedly working to revise the country’s renewable energy strategy to include green hydrogen.

Africa could capture as much as 10 percent of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as US$120 billion to the continent’s gross domestic product (GDP), according to a report issued jointly by Masdar and its Abu Dhabi Sustainability Week (ADSW) platform at COP27 last week.

Active in more than 40 countries across the world, Masdar is invested in a portfolio of renewable energy assets with a combined value of more than US$20 billion and a total capacity of more than 15 GW. In December, it was announced that Abu Dhabi National Energy Company PJSC (TAQA), Mubadala Investment Company, and Abu Dhabi National Oil Company (ADNOC) will partner under the Masdar brand to create a truly global, clean-energy powerhouse intended to spearhead the drive to net-zero carbon by 2050 while cementing the UAE’s leading role in green hydrogen. 

PR Newswire

CGTN: How to protect wetland and build a shared future for all life on Earth?

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BEIJING, Nov. 6, 2022 /PRNewswire/ — More than a billion people across the world depend on wetlands for their livelihoods – that’s about one in eight people on Earth. However, these lands are Earth’s most threatened ecosystem.

According to the United Nations, 35 percent of the world’s wetlands have disappeared since 1970.

Themed “Wetlands Action for People and Nature,” the 14th Meeting of the Conference of the Contracting Parties (COP14) to the Ramsar Convention on Wetlands is being held from November 5 to 13, with its main venue in China’s Wuhan, and a parallel session in Geneva, Switzerland, in both in person and online formats.

This meeting gives us an opportunity to raise awareness, strengthen cooperation, and scale up wetlands action across the world, Chinese President Xi Jinping hailed on Saturday when delivering his speech via video at the opening ceremony of the events.

Xi vowed China will pursue modernization of harmony between humanity and nature, promote high-quality development in the wetlands conservation cause and promote international exchanges and cooperation.

What China has done?

With four percent of the world’s wetlands, China has met the diverse needs of one-fifth of the world’s population for wetland production, living, ecology and culture.

In his speech, Xi noted that historic achievements have been made in wetlands conservation in China. The country has increased the area of wetlands to 56.35 million hectares, put in place a protection system and enacted a Wetlands Conservation Law, according to Xi.

Since it acceded to the Ramsar Convention in 1992, China has established and improved its legal framework for wetland protection as well as systems for protection management, project planning, and investigation and monitoring. It has also fulfilled its obligations under the convention and continued to expand international cooperation in this regard.

The central government has spent 19.8 billion yuan (about $2.73 billion) on over 4,100 projects to advance wetland protection and restoration across the country since 2003.

China now has 64 wetlands of international importance and 29 wetlands of national importance, as well as 901 national wetland parks.

Last month, China released a plan for wetland protection for the 2022-2030 period, aiming to increase its wetland protection rate to 55 percent by 2025, while increasing the number of wetlands of international importance and national importance by 20 and 50, respectively.

The Chinese president also introduced China’s further plan of incorporating 11 million hectares of its wetlands into the country’s national park system, adding a national wetlands conservation plan and major conservation projects will be implemented.

Path to global ecological conservation

The Chinese president Saturday urged efforts to build global consensus on prizing wetlands, advance the global process of wetlands conservation and enhance people’s well-being globally by leveraging the role of wetlands.

China will build an international mangrove center in Shenzhen and supports the convening of a conference of the World Coastal Forum, Xi announced.

According to China’s white paper on biodiversity conservation, the country has provided support for more than 80 developing countries in biodiversity conservation under the framework of South-South cooperation.

China has also made ecological cooperation a key part of Belt and Road cooperation. In 2021, China launched “the Belt and Road” Green Development Partnership Initiative with 31 partner countries, calling for international cooperation to achieve a green and sustainable economic recovery and promote low-carbon, resilient and inclusive economic growth post-epidemic.

Moreover, China has taken an active part in international conferences and activities, including the United Nations Summit on Biodiversity and the Leaders’ Summit on Climate, giving impetus to biodiversity conservation and sustainable development.

These cases are a microcosm of China’s concrete steps to promote global ecological cooperation, with the notion of building a shared future for all life on Earth as the underpinning.

https://news.cgtn.com/news/2022-11-05/Xi-addresses-COP14-on-wetlands-conservation-1eIkUeITohW/index.html

PR Newswire

CGTN: China to continue green transition toward carbon peak and neutrality

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BEIJING, Oct. 22, 2022 /PRNewswire/ — China will actively implement its policies to work toward the goals of reaching peak carbon emissions by 2030 and carbon neutrality by 2060, Vice Minister of Ecology and Environment Zhai Qing said Friday.

China made the pledges at the United Nations General Assembly in 2020.

“Climate change is a prominent global challenge and a matter of common interest for the international community. General Secretary Xi Jinping has repeatedly emphasized that addressing climate change is not something others ask us to do, but something we want to do,” Zhai said at a press conference on the sidelines of the 20th National Congress of the Communist Party of China (CPC).

“As the world’s largest developing country, China will make the world’s biggest cut in carbon emission intensity, and move from carbon peak to carbon neutrality in the shortest time in history, which fully demonstrates the country’s sense of responsibility as a big country,” he noted.

To achieve the goals, China will accelerate the low-carbon transition in key areas and vigorously push the synergy of pollution reduction and carbon cut, Zhai said.

The country will also advance the national carbon market in a steady and orderly manner, speed up the research, promotion and application of low-carbon technologies, and promote low-carbon production and green lifestyle, he added.

Significant progress in green transition

China has made significant progress in low-carbon transition.

In the past decade, the country has maintained an average economic growth rate of 6.6 percent with an average annual energy consumption growth rate of only three percent, according to Zhai.

In 2020, China’s carbon emission intensity decreased by 48.4 percent compared with that in 2005, exceeding the target it had pledged to the international community, he pointed out.

In 2021, the carbon dioxide emissions per unit of GDP decreased by 34.4 percent compared with that in 2012.

In the same year, the share of coal use in its primary energy mix dropped to 56 percent from 68.5 percent in 2012 and 72.4 percent in 2005. Meanwhile, the proportion of non-fossil energy in its total energy consumption reached 16.6 percent. 

In 2021, China’s installed capacity of renewable energy exceeded 1 billion kilowatts, with that of wind, solar, hydra and biomass energy all ranking the first in the world.

The country also witnessed the largest increase in forest resources and the largest area of afforestation in the world, leading the global greening effort, Zhai said.

China alone accounted for 25 percent of the global net increase in leaf area with only 6.6 percent of global vegetated area, according to a Boston University study tracking NASA satellites from 2000 to 2017, which was published in Nature Sustainability in 2019.

In addition, the country launched the world’s largest carbon market in terms of the amount of greenhouse gas emissions it covered, effectively giving play to the role of the market mechanism in controlling greenhouse gas emissions and promoting low-carbon transition.

Actively contributing to global climate governance

China has also been actively contributing to global climate governance, Zhai noted.

China upholds multilateralism and the principle of common but differentiated responsibilities and respective capabilities, he said, adding that the country has promoted the signature, entry into force, as well as the implementation of the Paris Agreement.

The country has taken an active part in South-South cooperation on climate change. It has done its best to help other developing countries, especially small island countries, African countries, and the least-developed countries, to improve their climate response capacity to reduce the adverse impacts of climate change, said Zhai.

Besides, positive progress has been made in promoting the green development of the Belt and Road Initiative (BRI), Zhai said. Proposed by China in 2013, the BRI envisions trade and infrastructure networks connecting Asia with Europe and Africa along the ancient Silk Road routes.

China established an international coalition for the green development of the Belt and Road in 2019, which has worked to strengthen policy dialogues and joint research, and support the United Nations 2030 Agenda for Sustainable Development, he said.

The coalition currently has more than 150 partners from over 40 countries.

Efforts have been made to improve the innovation and exchanges of green technologies and cultivate talent in environmental management.

“We have trained about 3,000 environmental management personnel, experts and scholars from more than 120 countries, building consensus and synergy for green development,” Zhai said.

Heading forward, China will work with all parties to actively participate in the global governance of climate change. It will promote a fair and rational global climate governance system for win-win results, continue to deepen South-South cooperation on climate change, and contribute China’s strength, wisdom and solutions to global climate change response, he said.

https://news.cgtn.com/news/2022-10-21/China-to-continue-green-transition-toward-carbon-peak-and-neutrality-1ejn24Q034Y/index.html