Alibaba Group pledges carbon neutrality goal by 2030

Ecommerce

Chinese ecommerce giant Alibaba Group has committed to become carbon neutral in its operations by 2030.

The company pledged for carbon neutrality for Scope 1 and 2 emissions by 2030, and has set a 50% carbon intensity reduction target for Scope 32 by 2030 using 2020 levels as baseline.

It also introduced its Scope 3 target to eliminate 1.5 gigatons of carbon emissions across its entire business estate by 2023.

READ MORE: Alibaba warns of consumer spend slowdown

“We aspire to be a force for positive, innovative change in society. Our ESG strategy is predicated on our mission to be a good company that will live for 102 years and it is the vital foundation for Alibaba’s future development,” Alibaba Group chairman and chief executive officer Daniel Zhang said.

“We will leverage our unique influence as a platform operator to mobilise actions and behavioural changes among consumers, merchants and partners in China and around the world with our newly proposed Scope 3+ target of reducing 1.5 gigatons of carbon emissions by 2035.”

According to the ecommerce company, it will adopt a systematic and science-based approach to plan and manage decarbonisation initiatives.

This includes leveraging energy-saving and efficiency-improving technologies to reduce emissions; actively transforming the energy structure with progressive use of renewables; and exploration of carbon removal initiatives.

The news comes as Alibaba has fired an employee who claims she was the victim of sexual assault by her manager and a client during a business trip earlier this year.

The official dismissal letter from the Chinese e-commerce firm said the woman had been “spreading false information” and causing “incalculable harm” to the company’s reputation.

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