Multi-year green power purchase agreements can ensure that enterprises obtain long-term stable power supply, avoid the impact of fluctuations and instability of electricity market prices on enterprise production and operations, and provide stable market demand and revenue sources for the renewable energy industry to support the large-scale development of green power." Vision Energy power and environmental products trading and supply head Chen Dipeng said.
The healthcare sector accounts for about 5% of global carbon emissions, with more than half coming from the manufacturing supply chain, which consumes about 25% of the healthcare sector's total emissions. China has become an important market for global pharmaceutical manufacturing, so this cooperation in China is important for reducing large-scale carbon emissions in the healthcare sector.
It is worth mentioning that four of the five global healthcare giants are members of the Health Systems Working Group of the Global Council of the Sustainable Markets Initiative (Sustainable Markets Initiative), and Vision Energy is also a member of the health systems working group of the Chinese Council of the Initiative. Founded in 2020 by then-Crown Prince Charles III, now King of the United Kingdom, the Sustainable Markets Initiative has become the "go-to" organization for the global private sector to engage in the sustainable development transition.
Vision participates extensively in the global sustainability platform and strives to be a zero-carbon technology partner for global enterprises, governments and institutions. Has achieved global operational carbon neutrality by the end of 2022 and is committed to achieving value chain carbon neutrality by 2028.