ANT-GROUP
Ant Group today announced it will become carbon neutral by 2030, and pledged its support to bring down emissions through technological innovations, joining the urgent global efforts to curb climate change and its devastating effects.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210311006121/en/
The company will also set up a carbon neutrality fund to support the research and development of renewable energy and other green technologies, and work with industry partners to promote green finance.
“Going green has always been a strong priority for Ant since our founding, we firmly believe technology can and should be used to further sustainable development,” said Yijie Peng, Vice President of Ant Group. “The carbon neutrality goal that we pledged today is the next milestone in our pursuit of an inclusive, green and sustainable future.”
Ant Group has detailed a roadmap to neutralize direct and indirect emissions associated with the purchase of electricity from this year (Scopes 1 and 2 ). By 2030, Ant Group will fully cancel out carbon emissions generated from other sources it does not own or control, covering areas such as supply chain and business travel (Scope 3 ).
Taking advantage of its leading capabilities in developing blockchain technology and its real-world applications, Ant Group will also explore ways to apply blockchain solutions to the climate effort, including using the technology to track the carbon reduction process.
To ensure transparency and accountability, Ant Group invited an external specialist, the China Environmental United Certification Center (CEC), to join in discussions when designing its carbon neutral plan. The CEC is an official service provider to the 2022 Winter Olympics, supporting the Games in assessing its carbon reduction solutions.
Ant Group will periodically provide updates on its progress towards achieving the carbon neutral goal.
About Ant Group
With its vision of bringing inclusive, green and sustainable services to consumers and small businesses in China and around the world, Ant Group has been pioneering innovative solutions to promote green lifestyle among consumers.
In 2016, Ant Group’s Alipay, China’s leading digital payment platform, introduced the Ant Forest green initiative within the app to encourage low-carbon activities — such as paying utility bills online and walking instead of driving — among users. Green energy points earned by users joining the initiative can be used to plant trees or protect a certain area of land for biodiversity conservation.
As of October 2020, over 550 million people have joined Ant Forest, planting over 200 million trees in Gansu Province, Inner Mongolia Autonomous Region and other arid areas in China, contributing to the reduction of approximately 12 million tons of carbon emission. Meanwhile, the initiative also helped protect conservation land of 370 million hectare (3.7 million square kilometers).
In 2019, Alipay Ant Forest was awarded “UN Champions of the Earth” award, the United Nations’ highest environmental honor, and “2019 UN Global Climate Action Award,” for using digital technologies to scale up climate action.
For more information, please visit our website at www.antgroup.com or follow us on Twitter @AntGroup.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210311006121/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Civil Air Patrol Expands Fleet With 15 New Cessna Aircraft to Support Lifesaving and Community Missions15.12.2025 17:00:00 CET | Press release
Latest deliveries bring CAP’s Cessna fleet to more than 500 aircraft nationwide Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, announced today that Civil Air Patrol (CAP), the world’s largest operator of Cessna aircraft, is strengthening its national mission capabilities with an order for 15 additional piston-engine aircraft, including seven Cessna Skyhawk 172 and eight Cessna Skylane 182 models scheduled for delivery throughout 2026. The order follows recent deliveries of an additional two Cessna Skylane and one Cessna Turbo Stationair HD aircraft, expanding CAP’s fleet to more than 500 Cessna aircraft nationwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251215613573/en/ Delivery of an additional two Cessna Skylane and one Cessna Turbo Stationair HD aircraft joins CAP’s fleet of more than 500 Cessna aircraft nationwide. Cessna aircraft are designed and produced by Textron Aviation. “Civil Air Patrol’s miss
Winston & Strawn and Taylor Wessing UK to Combine, Creating a Premier Transatlantic Law Firm15.12.2025 16:52:00 CET | Press release
Winston Taylor to build on shared vision and culture in establishing a transatlantic powerhouse for major litigation, critical transactions, strategic IP, and private wealth Winston & Strawn and Taylor Wessing’s UK-led business announced today their intention to combine, creating a premier transatlantic law firm that would operate under a new shared name, Winston Taylor. The combination responds to increasing client demand for seamlessly integrated US–UK–EU counsel for the businesses, people, and markets driving capital and innovation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251215914957/en/ The combination once final will unite two international firms with more than 400 years of combined history, complementary strengths, and a common vision to meet clients’ evolving global needs. The combined firm will include more than 1,400 lawyers, establishing one of the largest transatlantic firms whose footprint is primarily in
Despite Barriers, Financial Institutions are Clear About AI's Greatest Impact15.12.2025 16:32:00 CET | Press release
HTEC Finds AI is Everywhere in FSI, but Scaling Across the Enterprise Remains the Industry's Biggest Hurdle HTEC, a global AI-first provider of software and hardware design and engineering services, today released The State of AI in Financial Services & Insurance 2025, a first industry subset of its global research report in AI. This publication offers one of the clearest views to date into how financial institutions are adopting and scaling artificial intelligence. This industry-focused report analyzes insights from 250 C-suite leaders within financial services and insurance, drawn from HTEC’s broader global study of 1,529 C-suite executives—including CIOs, CTOs, CDOs, CPOs, CFOs, COOs, CEOs and CSOs—across Saudi Arabia, the UAE, the United Kingdom, the United States, Germany and Spain. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251215790717/en/ Executive Summary: The State of AI in Financial Services and Insurance 2025
Align Partners Sends Second Public Shareholder Letter to Coway, Urging Announcement of Revised Value-up Plan by January 30, 202615.12.2025 15:54:00 CET | Press release
Align identifies an inefficient capital structure and a sharp contraction in shareholder returns as core drivers of Coway’s undervaluationThe letter outlines seven key measures to strengthen capital allocation and governanceAlign urges Coway to announce a more concrete and enhanced Value-up Plan by January 30, 2026 Align Partners Capital Management Inc. (“Align Partners”), a shareholder of Coway Co., Ltd. (“Coway”) since 2023 holding more than 4% of the Company’s outstanding shares through funds it manages or advises, announced that it has sent a second public shareholder letter to Coway’s Board of Directors. The letter calls for measures to address the company’s chronic undervaluation and enhance shareholder value. Align Partners has requested that Coway announce a revised corporate Value-up Plan reflecting these proposals by January 30, 2026. In the letter, Align Partners assessed Coway’s February 2025 plan as insufficient to address Coway’s persistent undervaluation and urged the Bo
Marathon Asset Management Provides Junior Capital Financing to EXALTA Group15.12.2025 15:00:00 CET | Press release
Marathon Asset Management (“Marathon”), a leading global credit manager with more than $24 billion of assets under management, is pleased to announce the closing of a junior capital financing to EXALTA Group (“EXALTA” or the “Company”), a portfolio company of Montagu. Marathon led the financing that supported the formation of EXALTA through the strategic merger of three Montagu-owned companies including Intech, Resolve Surgical Technologies, and Tyber Medical. The transaction marks one of many successful transactions for Marathon’s European Credit business in the healthcare sector, where the firm has a knowledge-based advantage with a dedicated Healthcare Finance business and specialized medical advisory board providing sector insight to middle market companies. EXALTA is a global leader in orthopaedic contract design and manufacturing for spine, trauma, extremities, sports medicine and enabling technology providing comprehensive solutions to OEMs within the medical technology industry
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom