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Xinxiang Bailu, A Chinese MMCF, Commits To Reduce Carbon Emissions Xinxiang, China /PRNewswire/ - Xinxiang Bailu, a global MMCF (Man-Made Cellulosic Fiber) leader, aims to peak the company s carbon emissions by 2028, two years ahead of the national target of 2030, the company announced on the 4th February 2021. Located in central China, it also plans to reduce 40 percent carbon emissions by 2035 and reach carbon neutrality by 2055. As a leading MMCF producer responding to China s carbon neutral goal, we stand with global industrial partners to address climate change together, said Mr. Deshun SONG, General Manager of Xinxiang Bailu. The target was announced amid China s push for green growth. The Central government emphasized that realizing carbon neutrality by 2060 and peaking carbon emissions by 2030 are two important goals of China announced during the recent 75th session of the UN General Assembly. ....
Press release content from PR Newswire. The AP news staff was not involved in its creation. Xinxiang Bailu, a Chinese MMCF, commits to reduce carbon emissions February 4, 2021 GMT XINXIANG, China, Jan. 4, 2021 /PRNewswire/ Xinxiang Bailu, a global MMCF (Man-Made Cellulosic Fiber) leader, aims to peak the company’s carbon emissions by 2028, two years ahead of the national target of 2030, the company announced on the 4th February 2021. Located in central China, it also plans to reduce 40 percent carbon emissions by 2035 and reach carbon neutrality by 2055. “As a leading MMCF producer responding to China’s carbon neutral goal, we stand with global industrial partners to address climate change together,” said Mr. Deshun SONG, General Manager of Xinxiang Bailu. ....
By Cyrus Taraporevala, President and Chief Executive Officer, State Street Of all the lessons we’ve learned during the ongoing pandemic, one that deeply concerns me is the consequences that systemic risks can have on our society – on people, on our schools and businesses, and on global financial markets. While few predicted the havoc COVID-19 would wreak, the same cannot be said about the growing threat of climate change, which has become increasingly important to investors – and a therefore a strategic focus for State Street for the past several years. That’s why I’m pleased to announce that State Street Global Advisors is becoming a signatory to Climate Action 100+. A global initiative led by investors to foster the clean energy transition by engaging the companies and sectors with the highest greenhouse gas emissions, Climate Action 100+ and State Street have long been aligned, albeit informally to this point. As highlighted in our Annual Climate Stewardshi ....