Penglai Facility released the “Dual Carbon” targets for the first time and conducted the path for carbon reduction.Peak carbon by 2023 and achieve carbon neutrality for scope 1 and 2 not later than 2040.Set the carbon reduction target of achieving a 50% reduction by 2040 and a 70% reduction by 2050, with 2023 as the benchmark year. Offsetting carbon emissions by measures as energy efficiency, renewable energy application, and electri¬cation replacement.
Peak carbon by 2023 and achieve carbon neutrality for scope 1 and 2 not later than 2040, offsetting carbon emissions by measures as energy efficiency, renewable energy application, and electri cation replacement.
Reduce carbon emissions by 50% and 70% by 2040 and 2050, respectively, compared to the benchmark year of 2023.
Achieve 30% use of green electricity by 2024, and with an estimated annual increase of 5% – 10% of green electricity consumption, achieve 100% use of green electricity by 2036.
Reduce energy consumption in all production processes by 30% by 2050 compared to the benchmark year of 2023.
Launch the electri cation renovation in 2031 and complete 80% of the renovation by 2060.
