Key Points Industry/Company Involved * Industry: Green supply chain, ESG (Environmental, Social, and Governance), renewable energy, steel industry * Companies: * Fengchao Energy: A leading Chinese manufacturer of power batteries. * Baowu Group: A leading steel company in China. * Standard Chartered Bank: A global bank with a focus on green finance. Core Views and Arguments * ESG Standardization: China has entered a year of ESG standardization with numerous policy documents and guidelines being issued by various government bodies. * Green Supply Chain Transformation: Both Fengchao Energy and Baowu Group are actively pursuing green supply chain transformation. * Carbon Footprint and Carbon Factor: The importance of carbon footprint and carbon factor in achieving green supply chain goals. * Green Finance: The role of green finance in supporting green supply chain transformation. * Technology and Digitalization: The importance of technology and digitalization in driving green supply chain transformation. Other Important Points * Fengchao Energy: * Achieved a closed-loop management of the lithium battery industry, from raw material procurement to manufacturing, BMS development, vehicle operation, and battery recycling. * Invested in the establishment of a lithium white material factory and a hydrogen-carbon industrial park in Dazhou. * Signed green supplier agreements with all suppliers. * Baowu Group: * Launched the Green Carbon Cycle Business Division to promote green supply chain transformation in the steel industry. * Developed the Steel Industry EPD Platform in collaboration with the China Iron and Steel Association and Baowu Group. * Launched the CN100 initiative to promote carbon neutrality in the manufacturing industry. * Built the Green Chain Platform to support the CN100 initiative. * Standard Chartered Bank: * Established a dedicated green finance department in 2018. * Committed to achieving net-zero emissions from financing activities by 2050. * Plans to allocate $300 billion for green financing by 2030. * Developed various green financial products and solutions. * Collaborated with fintech companies to implement innovative supply chain financing solutions. References * [1] * [2] * [3] * [4] * [5] * [6] * [7] * [8] * [9] * [10] * [11] * [12] * [13] * [14] * [15] * [16] * [17] * [18] * [19] * [20] * [21] * [22] * [23] * [24] * [25] * [26] * [27] * [28] * [29] * [30] * [31] * [32] * [33] * [34]