Developer Vanke joins key global carbon reduction project

China Vanke Co Ltd, the country's largest residential developer, has become the first real estate company in the world to join the carbon reduction project known as Climate Savers, which was launched in November by the World Wide Fund for Nature.

WWF founded Climate Savers in 1999 to encourage companies to set ambitious, voluntary and creative targets to reduce greenhouse gas emissions, increase the use of renewable energy and promote sustainable business models.

Thirty world-famous enterprises have joined the project, including Volvo Car Corp, Hewlett-Packard Co, Johnson & Johnson, Svenska Kullager-fabriken AB, The Coca-Cola Co and Yingli Green Energy Holding Co Ltd.