Tencent unveils plan for carbon neutrality by 2030

Internet giant Tencent Holdings announced on Thursday its plan to achieve carbon neutrality in its operations and supply chain by no later than 2030.

The company also pledged to use green power for 100 percent of all electricity consumed by the end of the decade in a report published along with its goals.

"It is Tencent's responsibility as a global technology leader to help the world achieve carbon neutrality, and it's also an essential part of our vision to use 'tech for good'," Pony Ma, chairman and chief executive officer of Tencent, said in a press release.

"Not only do we believe this is the right thing to do for society, but we are eager to play our part as the global community progresses towards a carbon neutral and more sustainable future."

To reach its net zero goal, Tencent will work to improve resource efficiency, increase the proportion of renewable energy it uses, and adopt carbon offsets.

It said it is also looking to help consumers, businesses and society to go green by fostering open innovation and knowledge sharing, leveraging the reach and influence of its platforms and products.

Led by its mission to use "tech for good," Tencent established its Sustainable Social Value Organization in 2021 to explore high-quality and sustainable pathways to net zero, share social value, and improve social well-being.

Tencent's total emissions were equivalent to some 5.1 million metric tons of carbon dioxide last year, the report said.

hewei@chinadaily.com.cn