Commercial, Energy Efficiency, GHG Emissions - December 20, 2021
Alibaba Group Sets Carbon Neutral Goal by 2030
Alibaba Group Holding Limited announced a pledge to achieve carbon neutrality operations by 2030 and set a Scope 3+ target to reach 1.5 gigatons of decarbonization across its business ecosystem by 2035.
The company is committed to carbon neutrality for Scope 1 and 2 emissions by 2030, and has set a 50% carbon intensity reduction target for Scope 32 by 2030 using 2020 levels as baseline. Alibaba Cloud set a goal for a higher Scope 3 target, which refers to the emissions generated by a broader range of participants in the platform’s ecosystem, currently outside of Scopes 1, 2, and 3. and aims to achieve carbon neutrality by 2030 in this Scope as well.
“We aspire to be a force for positive, innovative change in society. Our ESG strategy is predicated on our mission to be a good company that will live for 102 years and it is the vital foundation for Alibaba's future development,” said Daniel Zhang, CEO of Alibaba Group in a statement. “We will leverage our unique influence as a platform operator to mobilize actions and behavioral changes among consumers, merchants and partners in China and around the world with our newly proposed Scope 3+ target of reducing 1.5 gigatons of carbon emissions by 2035.”
The details of the company’s goals are listed in its inaugural Alibaba Carbon Neutrality Action Report. Alibaba aims to provide updates annually with progress verified by accredited auditors.
Alibaba Group has committed to join the Science Based Targets initiative (SBTi) and has aligned its decarbonization measures and strategy with the “Business Ambition for 1.5°C” pledge.