Envision Energy Achieves Top Ranking for Climate Initiative, Moving Forward with Sustainability Leadership
Envision Energy's Remarkable Achievement in Sustainability
Envision Energy, a forerunner in green technology, has recently been distinguished on the 2024 CDP Climate Change A List, making history as the first Chinese renewable energy firm to earn this commendation. This honor places Envision within the top 2% of over 24,800 global companies evaluated by the Carbon Disclosure Project (CDP), the premier platform for climate disclosures worldwide. The recognition is attributed to Envision’s exemplary governance practices relating to climate change and its commitment to sustainable operations.
Leadership in Climate Change Strategy
Receiving an A rating from CDP is no small feat. This score serves as the gold standard for climate disclosure, widely accepted by investors and necessary for corporate due diligence and supply chain evaluations. Envision Energy's transparency in environmental reporting, coupled with its robust climate governance practices, highlights its commitment to leading the renewable energy sector towards sustainability. The achievement is not only a testament to its operational superiority but also sets a benchmark for others within the industry to aspire toward.
Advancing Towards Net Zero Goals
Envision Energy made considerable strides toward net-zero emissions, achieving operational carbon neutrality for three consecutive years, including 100% renewable energy use by 2024, a year ahead of its RE100 commitment. This significant milestone represents a dramatic 91% reduction in Scope 1 and Scope 2 emissions since its baseline year, totaling only 7,089 tons of CO2 in 2024. The company’s innovative practices in carbon efficiency and the extensive use of renewable energy sources have reportedly helped prevent approximately 2.35 billion tons of carbon emissions globally, significantly pushing forward worldwide sustainability objectives.
Transforming the Carbon Supply Chain
A crucial component of Envision’s approach is the transformation of its supply chain. By leveraging advanced digital tools and AIoT technologies, the company has implemented a comprehensive Carbon Management System that provides carbon assessments for key suppliers, alongside strategies to enhance energy efficiency. This innovative approach allows them to not only reduce carbon emissions but also connect suppliers aiming for sustainable energy practices, with 18% achieving full renewable power usage by 2024. The long-standing goal is to achieve 100% green electricity use throughout the entire supply chain by 2028.
Promoting a New Business Climate Strategy
As part of its commitment to enhancing industrial responsibility, Envision Energy has joined forces with global leaders to develop comprehensive datasets on product carbon footprints. By spearheading the International ILCD Life Cycle Data Network, the objective is to bridge critical data gaps that inhibit companies’ abilities to upgrade their value chains and gain competitive advantages.
Innovation in Energy Solutions
Innovation remains at the heart of Envision Energy's mission. The recently launched Model T Pro and Model Z Pro wind turbines are designed to function in extreme conditions to maximize efficiency while reducing carbon output per unit generated. Furthermore, the EN 5 Pro and EN ACSkid-10000 devices provide reliable energy storage necessary for supporting stable and sustainable power grids. Envision is also committed to producing green ammonia fuel from its expansive green hydrogen facility in Chifeng, China, which has achieved the global distinction of being recognized for its renewable attributes.
Expanding the Net Zero Industrial Park Concept
Envision has set a global precedent with its pioneering Net Zero Industrial Park model launched in Ordos, Inner Mongolia. This facility is powered by the world's largest off-grid renewable energy system and represents a fusion of renewable energy, digital operations, and green industry practices. The park has garnered acknowledgments from globally recognized institutions, establishing itself as a replicable model for sustainable industrial development.
Through active collaboration with certification bodies like Bureau Veritas, Envision aims to enhance global net-zero frameworks and expand its model across continents. From Spain to China, Envision's efforts are reshaping the future of green manufacturing and offering pathways toward sustainable economies.
Conclusion
Envision Energy's strides towards climate leadership not only highlight its commitment to a greener future but also reinforce its commitment to breakthrough practices in sustainability, setting a transformative standard for the global renewable energy sector.