Multi year green power procurement agreements can ensure that enterprises obtain long-term stable power supply, avoid the impact of fluctuations and instability in electricity market prices on enterprise production and operation, and provide stable market demand and income sources for the renewable energy industry, supporting the large-scale development of green power. ”Chen Dipeng, the person in charge of trading and supply of electricity and environmental products at Yuanjing Energy, said.
The carbon emissions of the healthcare industry account for about 5% of global emissions, with over half of the emissions coming from the manufacturing supply chain, which consumes about 25% of the total emissions of the healthcare industry. China has become an important market for global pharmaceutical production and manufacturing, so reaching this cooperation in China is of great significance for reducing large-scale carbon emissions in the healthcare industry.
It is worth mentioning that four out of the five global healthcare giants are members of the Global Council Health Systems Working Group of the Sustainable Markets Initiative, and Far East Energy is also a member of the China Council Health Systems Working Group of the initiative. The Sustainable Markets Initiative was founded by then Crown Prince and current King Charles III of the United Kingdom in 2020 and has now become the "preferred" organization for private sector participation in sustainable development transformation worldwide.
Far East actively participates in the global sustainable platform and is committed to becoming a zero carbon technology partner for global enterprises, governments, and institutions. Yuanjing has also set ambitious sustainable development goals for itself: Yuanjing has joined the global "RE100" initiative and is the first mainland enterprise to commit to achieving 100% green electricity consumption in global factories and research and development centers by 2025; We have achieved global operational carbon neutrality by the end of 2022 and are committed to achieving carbon neutrality in the value chain by 2028.