Five Chinese tech firms could help decarbonise 25% of the Hang Seng Index. These companies contribute 25 times Hong Kong’s annual emissions. Their path to net zero will hugely impact global climate efforts.
The tech giants, including Tencent and Alibaba, face regulatory changes and investor pressure. They need robust plans to hit climate targets. Their massive carbon footprints make it a critical task.
Should they succeed in reaching net zero, significant progress will be made in decarbonizing global business. This could shape a more sustainable future. China’s tech giants hold the potential to be a key player in green transition efforts.
Read source article here:
https://www.scmp.com/business/china-business/article/3235848/how-net-zero-5-chinese-tech-giants-which-account-25-times-hong-kongs-annual-emissions-can
