STATEMENT: Yili participated in the COP27 panel discussion on green business practices


STATEMENT: Yili participated in the COP27 panel discussion on green business practices

SHARM EL-SHEIKH, Egypt, Nov. 15, 2022 /PRNewswire/ -- The 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) was convened in Sharm el-Sheikh, Egypt, attracting the world attention. On November 8, the China Center for International Development Knowledge hosted the "Seminar on Clean Energy Development: Accelerating the Achievement of Clean and Affordable Energy (SDG 7)" at the China Pavilion. Representatives of international organizations and companies joined the roundtables on the respective panels "Green Business Practices and Opportunities in the Renewable Energy Supply Chain".

Yili was invited to attend the webinar as a representative of China's food products industry. The story of her pioneering net zero carbon milk was showcased in the Sustainable Consumption Report: Chinese Company Stocks.

Take action for green development

Reflecting China's commitment to peak carbon and carbon neutrality by 2030 and 2060, Chinese companies have also started to take the lead. Pan Gang, chairman and president of Yili Group, initially proposed a concept of "Green Leadership" in 2007, and introduced "Green Industry Chain" in China's dairy business in 2009. In 2022, Yili was the first in the sector Food Industry in launching its Plan for a Net Zero Carbon Future and Roadmap for a Net Zero Carbon Future. Armed with this strategy, Yili plans to achieve carbon neutrality throughout the industrial chain by 2050, while also forming a "Net Zero Carbon Alliance" with like-minded partners around the world.

Advance in the reduction of carbon throughout the chain

From fodder planting to sale, the dairy sector encompasses primary, secondary and tertiary industries. Yili has been developing an integrated farming system that it had already applied to 272 associated pastures by the end of 2021. Yili promotes green manufacturing at its plants by improving energy efficiency, using renewable energy, and employing eco-friendly packaging. The Group's efforts have not gone unnoticed. Yili's 23 branches and subsidiaries have been designated as "Green Factories" by the Chinese Ministry of Industry and Information Technology. Earlier this year, Yili officially launched its net zero carbon series products.

Advocate for a green and low-carbon lifestyle

Green and sustainable products are becoming more popular in recent years. Yili conveys the concept of carbon reduction to the public through various campaigns. "Yili's 'net zero carbon milk' marks a further step for the low-carbon development of China's dairy industry and suggests a new way forward in terms of promoting low-carbon lifestyles and consumption," according to Han. Bin, Executive Secretary General of the United Nations Global Compact China Network.

Yili's practices on sustainable development are being recognized by third parties. Her cases have been included in the United Nations Development Program's Pathway to Net Zero: SDG Practices of Enterprises in China and the UN Global Compact's Corporate Net Zero Pathway. Jiang Xiheng, vice president of the Center for International Development Knowledge, said Yili is expected to push the dairy industry to realize China's carbon neutrality and peak carbon goals.

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Captura: Yili Group Roadmap toward a Net-Zero Future

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Captura: The COP27 China Pavilion Conference

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Captura: Vice President Zhao Xin attended the roundtable discussion.

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