Located in central China, Xinxiang Bailu also plans to reduce by 40 percent carbon emissions by 2035 and reach carbon neutrality by 2055.
“As a leading MMCF producer responding to China’s carbon neutral goal, we stand with global industrial partners to address climate change together,” Deshun Song, general manager of Xinxiang Bailu, said.
The target was announced amid China’s push for green growth. The government emphasized that realizing carbon neutrality by 2060 and peaking carbon emissions by 2030 are two important goals announced during the recent 75th session of the United Nations General Assembly.
To reach that goal, Xinxiang Bailu said it will carry out a climate action plan to reduce carbon emissions during production that will be in line with the Paris Climate Agreement and Climate Stewardship 2030 of the China National Textile and Apparel Council (CNTAC). The plan also includes conducting regular carbon information disclosure as a listed company and developing zero-carbon MMCF product by 2022 to reduce the carbon footprint to customers in the supply chain, with support of CNTAC LCA Working Group.
Laila Petrie, CEO of environmental organization 2050, said she was pleased to see more Chinese textile companies embracing climate action. She said that producer companies achieving real decarbonization will be an effective driver of climate transition in the global textile value chain.
“We are delighted that a CV member is getting to be a leader rather than a follower,” Zhang Zixin, secretary-general of the Collaboration for Sustainable Development of Viscose (CV), said. “Xinxiang Bailu’s commitment has demonstrated an exemplary role for the CV members and even the entire cellulose industry.”
Song said what the company learned from the Covid-19 pandemic is that “in the face of a common crisis, no one can stand alone.”
The company will collaborate with the CNTAC SDG team, the CV and other key partners to create a climate action taskforce that ensures Xinxiang Bailu’s future carbon neutrality.