China's Alibaba pledges carbon neutrality by 2030

China
# 18 December 2021 08:20 (UTC +04:00)

Alibaba Group will aim to achieve carbon neutrality in its own operations and slash emissions across its supply chains and transportation networks by the end of the decade, the Chinese e-commerce giant pledged on Friday.

Alibaba promised to achieve carbon neutrality by 2030 in its own direct emissions - known as "scope 1" - as well as its indirect "scope 2" emissions - derived from the consumption of electricity or heating.

It also said it would reduce carbon intensity - the amount of carbon per unit of revenue - from the "scope 3" emissions - produced across its wider value chain in areas such as transportation, purchased goods and services and waste - by 50% by 2030.

The company also pledged to cut overall CO2 across all its businesses by 1.5 gigatonnes by 2035.

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