On February 24, Tencent announced that it intends to achieve carbon neutrality in its operations and supply chain by 2030. Tencent, the Chinese leading tech company, has also committed to delivering 100% green power by 2030.
Tencent is a pioneer among China’s tech companies in announcing action plans against the backdrop of the Chinese government’s goal of reaching carbon neutrality by 2060.
According to the report released by Tencent, Tencent’s greenhouse gas emissions totalled 5.11 million tons in 2021, and the company plans to become fully carbon neutral by 2030.
Tencent has been promoting energy efficiency in office buildings for many years prior to launching the carbon neutrality strategy, and several of the company’s own buildings have obtained LEED certification, which is a globally recognized symbol of sustainability achievement and leadership.
After a low-carbon and energy-saving transformation, Tencent’s Shenzhen headquarter building saved 5.98 million kWh of electricity in 2020 compared with the previous year, reducing carbon emissions by about 2,690 tons.
“As a digital technology company, Tencent’s carbon neutrality strategy is not only significant for its own energy conservation and emission reduction, but also for driving technological R&D and practical innovation by taking this strategy as an opportunity,” said Ma Huateng, chairman and CEO of Tencent.
Furthermore, Tencent launched a carbon-neutral committee among the Internet+ Development Association of China (IDAC). The IDAC’s goal is to build an open access organisation for patented technology, allowing more businesses to employ low-carbon technologies for free.