Carbon Peaking and Carbon Neutrality

Jul 04, 2024

In 2021, China issued the "Opinions on Fully, Accurately, and Comprehensively Implementing the New Development Concept and Doing a Good Job in Carbon Peak and Carbon Neutrality" and the "Action Plan for Carbon Peak before 2030", planning to achieve carbon peak before 2030 and carbon neutrality before 2060.
The meaning of double carbon
Promote green and low-carbon development of the economy and society, balance emissions and absorption.

Proactively addressing global climate change and achieving peak carbon emissions as soon as possible can contribute to long-term carbon neutrality.

Facing challenges and opportunities: High carbon emissions are mainly concentrated in the construction sector; Emerging industry technologies such as renewable energy are rapidly developing.
How to achieve dual carbon
Adjusting the energy structure: Improving the clean energy mechanism, promoting low-carbon substitution for high carbon, and renewable substitution for fossil fuels.

Promote industrial transformation: Strictly control the addition of new production capacity in high energy consuming industries, and promote the transformation and upgrading of industries such as steel and petrochemicals.

Improve energy efficiency in various fields: Promote energy conservation in key areas such as industry, construction, transportation, and public institutions, and enhance the energy efficiency level of new infrastructure.

Promote low-carbon technologies: Increase efforts to promote and apply energy-saving and low-carbon technologies.

Establish a sound low-carbon development system and mechanism: Improve economic policies such as pricing, taxation, and finance that are conducive to green and low-carbon development.

Increase ecological carbon sink: Increase forest area and accumulation, strengthen ecological protection and restoration.

Carry out dual carbon training, focus on energy and low-carbon development, enhance employee awareness and innovation ability, and promote green and sustainable development.

SGEG leads industry technology, promotes green and low-carbon economy through electrification, automation, and digitization, and focuses on clean energy, energy efficiency, and electrification efficiency. The company continues to promote industrial intelligence and digital upgrading, contributing to the goal of carbon neutrality.

By 2023, become a certified green factory, increase investment in energy conservation and environmental protection, and enhance sustainable development capabilities. Obtain a carbon footprint product certificate and scientifically evaluate the greenhouse gas emissions throughout the entire lifecycle of the product.

SGEG will continue to promote the green transformation of the power industry through technological advantages and innovation. By obtaining green factory certification and other certifications, SGEG is implementing its dual carbon goals. In the future, the company will help build a low-carbon industrial chain and promote sustainable development in the industry.