Carbonstop Recognized as Hidden Unicorn in Digital Economy

On December 20, the "2023 Digital Economy Unicorn Conference" was successfully held in Daxing District, Beijing.

The award ceremony for the "2023 Digital Economy Hidden Unicorn Certificate" was one of the key agendas of the 2023 Digital Economy Unicorn Conference. Professor Xie Shujiang, President of the Innovation Branch of the Chinese Invention Association for Unicorn Enterprises, Deputy Director of the Center for Research on Private Enterprises at Renmin University of China, and Dean of the International Institute of Technology Finance, stated in his speech that the selection of the 2023 Digital Economy Hidden Unicorn List was conducted by the Global Top 500 Unicorns Evaluation Committee based on the BIHU Unicorn Enterprise Database. Using Human-Machine Integrated Intelligence (HMI) technology, the committee selected hidden unicorn enterprises in the digital economy that met valuation and track standards from across the country, forming the "2023 Digital Economy Hidden Unicorn Rankings."

Carbonstop, due to its outstanding performance in carbon emission management and innovative practices in environmental protection and low-carbon development, successfully made it onto the 2023 Digital Economy Hidden Unicorn List. The company attended the conference as a representative of the 2023 Digital Economy Hidden Unicorns, and Sun Yabin, head of the market department, received the "2023 Digital Economy Hidden Unicorn Certificate" awarded by Liu Yuchuan, standing director of the Innovation Branch of the Chinese Invention Association for Unicorn Enterprises, and Li Debiao, standing director of the Innovation Branch of the Chinese Invention Association for Unicorn Enterprises.

Carbonstop Supports China-EU Chamber of Commerce Dual Carbon Training

With the advancement of the EU's Carbon Border Adjustment Mechanism, the National Development and Reform Commission of China announced on November 22 that China will accelerate the establishment of a Product Carbon Footprint (PCF) system. By 2025, the central government plans to issue about 50 key PCF calculation rules and standards, and by 2030, around 200. How is the progress of the national PCF standard formulation? Which products will be covered first? How will China promote international recognition of the PCF system? How can multinational corporations incorporate PCF into their supply chain management?

To help companies better address these challenges, the "Latest Developments in Product Carbon Footprint Management System" carbon market working group meeting, organized by the China-EU Chamber of Commerce, was successfully held on December 20. Dr. Sun Liang, associate researcher at the Resource and Environment Research Institute of the China Academy of Standardization, Perry Liu, Director of Sustainable Operations for BSI China, Li Jing, Senior Manager of Sustainable Operations for BASF Greater China, and Wu Yingchi, Senior Carbon Consultant at Carbonstop, participated in discussions on the latest developments in China's PCF system and shared best practices in corporate carbon management.

Carbonstop's Senior Carbon Consultant Wu Yingchi shared definitions, calculation standards, and methods for product carbon footprint at the training session, helping companies better understand PCF and how to quantify and assess it using Life Cycle Assessment (LCA) methods. She emphasized the importance of accurate data collection for calculation results and provided practical suggestions for improving data quality in practice. Wu Yingchi also discussed how companies can manage product carbon footprints from the perspective of the CREOS corporate carbon neutrality methodology, reducing and minimizing product carbon footprints to meet compliance requirements and fulfill environmental responsibilities.

Wu Yingchi's presentation was warmly welcomed and highly praised by the participating companies. Through her explanations, companies gained a clearer understanding of product carbon footprints and a clearer path for achieving green transformation through carbon management.

Carbonstop Enhances Carbon Management Capabilities for Members of the China Packaging Federation

On December 23, the second phase of the "China Packaging Dual Carbon Talent Training Camp," jointly organized by the China Packaging Federation and Carbonstop, concluded successfully. Over 50 participants completed the training and received certificates, including representatives from packaging companies such as Combibloc, Jinshi Packaging, Tenroy, Jiamai Packaging, Daoko Packaging, and brand enterprises like Lee Kum Kee, Signify, Chaoyun Group, Kangaroo Mom, Yan Tang Dairy, and Bai Xiang Food.

The training session introduced participants to the process of collecting data and calculating factors for packaging materials, how companies can obtain recyclability certification, and case studies of sustainable innovation in the packaging industry, providing reference experiences from leading companies in the field.

In the fast-moving consumer goods (FMCG) industry, packaging is a critical link in carbon emissions. According to Korn Ferry's research, procurement, packaging, and logistics account for over 80% of total carbon emissions in the FMCG industry. Therefore, reducing carbon emissions in the packaging phase is one of the keys to achieving carbon reduction. Low-carbon transformation in FMCG companies has become a boardroom agenda item and a core KPI for CEOs.

This training, leveraging the resource advantages of Carbonstop and the China Packaging Federation, helped the packaging industry become familiar with dual carbon policies, standards, and methodologies, preparing companies for the environmental era and enhancing industry competitiveness. It laid a solid foundation for further reducing the carbon footprint of packaging products.

In the future, we look forward to Carbonstop continuing to leverage its expertise in carbon management to help more companies understand and achieve carbon neutrality goals, contributing collectively to addressing climate change.