Wankai New Materials Takes Key Step Towards Green Development with Carbon Management System Launch

On March 25th, Wankai New Materials convened a critical meeting to officially launch its Carbon Management System, furthering the company's commitment to integrating carbon market infrastructure as part of its broader sustainability strategy. The meeting was attended by Vice General Manager Zhang Yanju and senior leaders from various business units, with carbon asset management expert Wang Lei providing expert insights into carbon management practices.

Wang Lei began by discussing the global context of climate governance, highlighting the Paris Agreement and China's “Dual Carbon” policy framework. He presented a comprehensive plan based on Wankai's lifecycle carbon emissions data, focusing on three core objectives: "standardization of systems, digitalization of operations, and capitalization of carbon assets." The proposed framework addresses key areas such as carbon accounting, carbon monitoring, carbon trading, and the development of carbon assets, offering a detailed and actionable plan that is tailored to Wankai’s specific production processes.

Following the presentation, General Manager Zhang emphasized that the establishment of a scientifically rigorous and standardized carbon management system is essential for achieving China's carbon neutrality targets and is integral to Wankai's green transformation. He reaffirmed the company's strong commitment to advancing the carbon management system in a sustainable, long-term direction, powered by technological innovation and process optimization. Zhang stated that Wankai aims to achieve low-carbon production while contributing to global sustainability efforts, positioning the company as an industry leader in green manufacturing.

Moving forward, Wankai will proceed with the system's construction, adhering to the principles of "comprehensive planning, targeted focus, and phased implementation." A trial run of the carbon management system is set for completion by the end of June, followed by a series of evaluations. Through this initiative, Wankai New Materials aims to strengthen its ESG capabilities, set an example for industry sustainability, and contribute to the broader goal of ecological sustainability in global manufacturing.