From November 30 to December 12, the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) was held in Dubai, United Arab Emirates. As one of the Chinese representative companies, Sunwoda participated in the conference and shared its experience in carbon reduction.
With nearly 100,000 participants and over 160 heads of state and government in attendance, this conference is the largest world-class climate summit to date. Its aim is to achieve ambitious climate goals, including keeping global warming well below 1.5 degrees Celsius above pre-industrial levels.
(Photo source: COP28 official website)
Showcasing Sunwoda's Experience in Low-Carbon Green Development to the World
During the COP conference, the Ministry of Ecology and Environment organized the "China Pavilion" and held local events in Beijing, Shanghai, Shenzhen, Guangdong, and Jiangsu. Among them, the Shenzhen session took place in the Blue Zone of the Dubai Expo City on December 5, local time.
The Shenzhen session of the "China Pavilion," themed "Leading the Way in Low-Carbon Development," showcased Shenzhen's efforts in addressing climate change and its strong commitment to the "dual carbon" strategy through achievements presentations and high-level dialogues. As a green and low-carbon application demonstration company in Shenzhen, Sunwoda was invited to participate in the high-level dialogue at the Shenzhen session, represented by Vice President, Liang Rui. 
COP28 Shenzhen Session High-Level Dialogue
Liang Rui pointed out that greenhouse gas emissions largely arise from human activities in modern life, with transportation and energy production accounting for a significant share of these emissions. With the increasing maturity of renewable energy and energy storage technologies, lithium batteries play a crucial role in decarbonizing transportation and energy systems and will be instrumental in achieving the dual carbon goals.
At the same time, Liang Rui shared Sunwoda's own experiences and achievements in carbon reduction. In terms of implementing the dual carbon action, the company issued the "Dual Carbon Declaration" in 2021 and officially released the "Sunwoda Carbon Peak and Carbon Neutrality Action Plan" in 2022, defining the "2950" dual carbon targets. In 2023, Sunwoda initiated the Supply Chain Climate Action Plan to actively promote emission reductions in the supply chain. To achieve this target, the company has gradually implemented 30 specific measures in direct and indirect emission reductions. The initial results are already evident: the energy consumption intensity decreased by 8.2% in 2022, 142 energy-saving management and technological renovation projects were completed, leading to a reduction of 17,488 tons of emissions, and the centralized and distributed photovoltaic systems generated 61 million kWh of electricity, equivalent to a reduction of 53,000 tons of emissions.
First Global Review of the Paris Agreement at COP28
Since 1994, the United Nations Framework Convention on Climate Change (UNFCCC) has been holding annual meetings called Conferences of the Parties (COP). In 2015, at the 21st UN Climate Change Conference (COP21), 178 Parties reached the legally binding Paris Agreement. The agreement calls for countries to limit the increase in global average temperature to well below 2°C above pre-industrial levels, and to pursue efforts to limit the temperature increase to 1.5°C.
Currently, the climate crisis continues to evolve, and global climate governance has reached a critical juncture. COP28 is considered the most significant climate conference since COP21 in 2015, as it will conduct the first global review of the Paris Agreement. This review holds paramount importance for the global climate governance process and signifies a milestone in the effort to address climate change worldwide.
Taking Actions for a Livable Climate Globally
Enterprises are the key actors in implementing carbon neutrality strategies and fulfilling the commitments of peak carbon emissions and carbon neutrality by countries. At the High-Level Dialogue on Sustainable Development for Entrepreneurs during COP28, renowned entrepreneurs jointly issued the "Action for a Livable Climate Globally – COP28 Climate Conference Business Initiative." The initiative advocates for global businesses to actively respond to the Paris Agreement and the goals of the Dubai Climate Summit, and to establish carbon-neutral sustainable development strategies.
As a practitioner of green and sustainable development, Sunwoda actively enhances its capabilities in green and low-carbon development, striving to contribute to global climate governance efforts. The company has received more than twenty honors related to sustainability and has obtained certifications from the Ministry of Industry and Information Technology for its green factories, green products, and green design. Sunwoda has joined initiatives such as the Science-Based Targets initiative (SBTi), the United Nations Global Compact (UNGC), the Global Battery Alliance, and the China ESG Alliance. It has become an early adopter of the ISSB international sustainable disclosure guidelines. Sunwoda has also established a partnership with Siemens in the field of sustainability to jointly promote the green, low-carbon, and resilient development of global renewable energy enterprises.
Participating in the UN Climate Change Conference not only demonstrates the global recognition of Sunwoda's achievements in green and low-carbon development but also showcases the company's firm commitment to implementing carbon neutrality strategies and supporting the global climate goals. In the future, Sunwoda will take proactive actions to assist in decarbonizing the industry chain and supply chain, playing a demonstrative and driving role in global efforts to address climate change.
