The 2022 Global Carbon Management Conference(GCMC) was successfully held in Beijing on the afternoon of September 23. The  conference theme is "Empowering - Unleashing the Carbon Power of Enterprises". Domestic and foreign experts and representatives in the field of carbon management have discussed the changes and development trends of the carbon management industry in recent years.   Since the second anniversary of the "dual carbon goals", China's carbon neutral process has shifted from the concept to change in various industries. As the organizer of the conference, Luhui, Yan, the founder and CEO of Carbonstop, published  "Top 10 Insights and Trends of Carbon Management Industry in Two Years".   Luhui,Yan said that an increasing number of companies would like to engage their stakeholders on carbon disclosure in a more visual way. According to the "China Carbon Management Market Size and Forecast", a joint study by Carbonstop and China Insights Consultancy, China's carbon management market size will reach 109.9 billion yuan by 2025, 450.4 billion yuan by 2030, and 43.286 billion yuan by 2060.   As for Carbonstop’s development direction of digital carbon emission management, Lei Zhang, the founder of  Hillhouse Capital said that a comprehensive infrastructure is essential to achieve carbon neutrality.  Carbonstop provides a strong database for a variety of industries, including Hillhouse Capital's portfolio companies, with the power of technological innovation.      “Carbon emission calculation and management are the digital infrastructure for carbon neutrality. Carbonstop enhances the operability of carbon emission calculation and management by accumulating a rich database of carbon emission factors, as well as helping the whole society to establish a carbon-neutral innovation ecology.”  Neil Shen, founder and managing partner of Sequoia Capital China said at the conference.   At the conference, Carbonstop launched the “C-cloud” as an upgrade. After the upgrade,  “C-cloud” offers a visualized and smart carbon management tool for businesses while making carbon accounting more efficient and accessible to corporations. Specifically， “C-cloud”  is designed with a series of functional modules: Enterprise carbon accounting, Product carbon footprint, Supply chain carbon management, Carbon intelligence, Carbon account, and Carbon neutralization service.     Furthermore, s Carbonstop Research Institute members appeared at the conference for the first time. Carbonstop Institute  aims to build a high-quality interactive exchange circle between government, enterprises, and scientific associations, to assist companies in low carbon transition, and the realization of carbon neutrality.     In addition, to make the public understand the impact of carbon reduction more intuitively, Carbonstop also conceived the future personal carbon trading model, not only through the app "Green Meeting" to achieve the attendees’ personal carbon neutrality goal, but also especially showed the "low-carbon product experience space", which integrates personal low-carbon consumption scenarios into the carbon trading market, allowing on-site guests to experience their first carbon trading.   As the pioneer and influencer of Green Meetings in China, Carbonstop is continuing its efforts to reduce the carbon footprint of the conference and minimize wastage of all resources, including paper, related to it. According to the calculations, the 2022 Global Carbon Management Conference emits 31.02 tons CO2e in total, 54.43kg per capita, which can reduce 20.17 tons CO2e compared to a traditional conference.   It is worth mentioning that the conference used VCS, CER, VER, CCER, international green certificates I-REC and domestic green certificates and carbon sinks to offset the CO2 emissions and realized carbon neutrality in the end.  

On 1st August 2022, Carbonstop, China’s first carbon emissions management software and consulting solutions provider, had completed a round B of financing worth 100 million yuan ($14.82 million), led by Sequoia China and followed by its original shareholders GL Ventures and Matrix Partners.This funding will be used for the research and development of carbon management software products and the expansion of consulting, marketing, and business teams.

Carbonstop: Pioneer of China's Carbon Management Industry

 

Carbonstop was founded in 2011, it has been developing with the philosophy of always pursuing " There is no management without reasonable quantification ", adhering to science and technology, data and products as the driving force, promoting enterprises and institutions in various industries to carry out carbon emission calculation, management, emission reduction, and eventually towards carbon neutrality.

 

Over the past 11 years, Carbonstop has cooperated with more than 1200 customers including Baidu, Alibaba, Tencent, ByteDance, Meituan,JD.com, Starbucks, SKP, Dow, CNOOC, China Airport Construction Group, Dubai World Expo, Hillhouse, Centurium Capital, China Construction Bank, Mastercard, Porsche, SINO JET, etc.

 

In the past five years, Carbonstop has shown rapid growth, with an annual compound growth rate of more than 100%. In the first half of 2022, under the dual challenges of the harsh capital environment and COVID-19, Carbonstop had a nearly 300% year-over-year growth rate in revenue, highlighting its business toughness.

 

More than 10 years of brand building, 10 years of perfecting the world's largest carbon emission factor database, thousands of top customers' best practices, industry-leading carbon management SaaS products, and carbon neutrality methodology "CREOS" have jointly cast a solid barrier on Carbonstop.

 

A Wave Is Rising, carbon neutrality boosts carbon management market

 

Since September 22, 2020, the Chinese central government has been pursuing the twin goals of achieving a national carbon peak in 2030 and full neutrality by 2060.

 

With the continuous promotion of these goals, not only high-energy-consuming enterprises such as electricity and cement companies have begun to manage their own carbon emission data, but also internet enterprises, financial institutions, consumer brands and real estate groups. Such firms that were not required to manage emissions have successively put forward their own carbon neutrality goals to control their emission data internally.

 

Tsinghua University and China International Capital Corporation Limited (CICC) predicted previously that in the next 30 years, China’s investment in carbon neutrality will reach about 140 trillion yuan ($20.748 trillion).

 

With the continuous penetration of carbon neutrality goal， apart from key GHG emitters starting to manage their carbon emissions, Internet companies, financial institutions, consumer brands, and real estate groups have also announced their own carbon neutrality goals and begun to manage their carbon emissions.

 

Judging from the fact that hundreds of thousands of enterprises will carry out carbon management and make commitments to carbon neutrality goals, the carbon management market potential is huge. 

 

Continuous innovation, creating an efficient and compliant digital carbon management platform

 

Over the past eleven years, Carbonstop has taken "let every product show its carbon footprint" as its mission, and its innovation in carbon management technology has never stopped.

 

Regarding products, Carbonstop initially launched carbon management software CAMP, which started the latest attempt of the digitalization of carbon management, then launched SaaS carbon management platform “Ccloud.”

 

As China's first one-stop Carbon Management Platform , Ccloud includes a series of functional modules, such as carbon accounting, carbon asset management, product carbon footprint, carbon intelligence, carbon account, and online carbon neutralization service. The mission of Ccloud is to make carbon in every place be measured, visualised and create values and impacts.

 

 

Ccloud, Supply Chain Carbon Management

 

Also, Carbonstop established the world's largest Carbon Emission Factor database to scientifically guide various industries to calculate carbon emissions .

 

Sound connectivity, building an open ecosystem in the carbon-neutral era.

 

Carbonstop has established system-level ecological cooperation with the China National Institute of Standardization, and internationally renowned LCA database EcoInvent in recent years.

Also, Carbonstop has accumulated a carbon emission factor database containing more than 150,000 pieces of data from more than 200 countries around the world, and it will gradually be opened globally to all users.

 

 

Carbonstop carbon emission factor database

 

Meanwhile, Carbonstop is building the London Innovation Center and the North American Innovation Center not only to support Chinese enterprises in the carbon footprint compliance of export and overseas, but also to enhance the competitiveness of international brands.

 

 

Next decade, continuing to do the right but difficult things

 

The mission of Carbonstop is to make every product show its carbon footprint. In the future, customers can select products with carbon labels in shopping malls, which encourages enterprises to produce more goods in low-carbon emmission and provide more low-carbon services.

 

 

 

Yan Luhui , Founder and CEO, Carbonstop

 

Lu Hui Yan, the founder of Carbonstop stressed, "We are committed to driving 1 to 2 billion people to reduce carbon emissions and reducing 1 to10 billion tons of carbon emissions in the future.

 

With the B series funding and support of top investment institutions, Carbonstop can devote to the long-term value, not be trapped by short-term interests, which reminds us to remain committed to doing the right things even when the industry is in the strong tailwind, to create long-term value for our clients and the society.

 

 

Recently, with the theme of "the era of agitation, innovation and change" Lieyunwang 2021 annual venture awards officially closed, the list selection results were officially released. According to the comprehensive enterprise scale, development status, market prospect, financing progress and other indicators, Carbonstop stood out among thousands of participating innovative enterprises and institutions, and won the "annual TOP10 most influential innovative enterprises in carbon neutral field" in 2021. Founded in March 2011, Carbonstop is a leading software and consulting service provider focused on carbon emissions management in China. Based on the one-stop carbon management platform Carbon Cloud SaaS and more than 100,000 carbon emission factor databases, Carbonstop provides carbon management solutions for more than 1,000 enterprises and institutions, including more than 100 domestic and foreign fortune 500 companies and the world's top institutions. Carbonstop has the most senior carbon management consultants and excellent product design and development team in the field of carbon management, most of the team members are overseas students. Professionalism, growth and creativity are the core competitiveness of the Carbonstop team. Carbonstop has always been committed to low-carbon efforts. Every product has a carbon footprint, so that consumers have the opportunity to choose more low-carbon products, and enterprises provide more low-carbon products and services to meet consumers' increasingly sustainable consumption requirements. In 2021, Carbonstop obtained A round of financing of 50 million yuan. Hillhouse and Matrix China jointly participated in this round of financing. As the national "dual carbon" target was proposed last year, local governments have successively issued relevant fixed measures, including specific measures on the path to achieve carbon neutrality, energy conservation and emission reduction, energy substitution, technological upgrading, and ecological carbon sequestration. By 2021, the state will include "carbon peak and carbon neutrality" as a key task in the first year of the "14th Five-Year Plan". Positive factors will soon spread to the capital market. In the secondary market, "carbon neutrality" concept stocks have already become dazzling stars, while in the primary market, according to public data statistics, In the past six months, the investment scale reached a record high (40.529 billion yuan), and the supply of punctuation was in short supply. It is foreseeable that with the development and application of technology, in the near future, enterprises with innovative models in the field of carbon neutrality will come to the fore. Based on this, Lieyunwang launched the selection of "TOP10 most influential innovative enterprises in carbon neutral field" in 2021. Lieyunwang annual venture award selection since held, hundred class list released in six years, up thousands of new business and capital power, many of them have become a new force of China's new economy industry, they not only grow up to be a star company, star, more become the darling of the capital market and the power to change the industry. This award is the recognition and affirmation of the innovation ability of Carbonstop technology by industry experts and colleagues. In the future, Carbonstop will also be based on the present, and continue to add impetus to the low-carbon transformation of Chinese enterprises, inject new vitality into China's dual carbon goals and sustainable development, and work with all industries to create a zero carbon future!  

The 2021 Ifeng.com Science and Technology Summit hosted by IFeng.com and IFeng.com Technology will be held online from December 9 to 11, 2021. The theme of this science and Technology Summit is "Challenge and Change". "Challenge and Change -- Ifeng.com Science and Technology Summit 2021" is an annual grand event created by ifeng.com Science and Technology channel. The agenda is closely followed by the most cutting-edge topics in the field of science and technology, such as carbon neutrality, chips, AI and metaverse, as well as new consumption, and carefully planned "Technology, digital, Change, Towards carbon neutrality" and "core" breakthrough: "AI and the Metaverse: The Gateway to the Future?" And "insight into the new consumption: the new middle wind mouth" four forums. On the first day of the "Technology, Digital, Change, Towards Carbon neutrality" forum, liang Jianzhang, Zhou Jinxiu, Du Juan, Wu Shichun, Li Liang, Yan Luhui and other 9 prominent guests discussed "Technology digital Change: Towards carbon neutrality".  In the opening session of the speech, Gome Holding Group CEO Du Juan brought the theme of "gather strength, innovation and win-win future" speech; Liang Jianzhang, chairman of ctrip Group, shared his views on the aging population and the innovation vitality of China's overall industry; Wu Shichun, the founding partner of Plum Blossom Venture investment, offered his unique views on the existing problems of the new consumption track. During the forum, Feng Li, founding partner of Phonak Capital, delivered a speech on how carbon neutrality drives technological innovation; Yang Lei, deputy dean of the Institute of Energy Studies at Peking University, shared his thoughts on carbon neutrality and the energy revolution. Zhou Jinxiu, Vice president of Hallo Travel, explained how each ride could contribute to "carbon neutral" development and promised that Hallo Travel would achieve net zero emissions by 2025. Hillhouse founding partner Li Liang with a series of data points out that to achieve carbon neutrality, China must promote the entire manufacturing advanced manufacturing comprehensive upgrade, only by controlling the carbon trading, resource allocation is not enough, only on a large scale in technology, driven by new green technologies, set new standards for the industrial chain of each link, in order to gain a competitive edge in the age of zero carbon. In this sense, carbon neutrality is both an external constraint and the best development opportunity for "Made in China", says Mr Li. Yan Luhui, founder and CEO of Carbonstop, gave a talk on the theme of "The Epic Golden Track" : The Path to Carbon Neutrality. Yan Luhui, founder of Carbonstop, said that carbon neutrality is the infrastructure for future social development, and it has the potential to make all industries do it all over again just as the Internet made all industries do it all over again 20 years ago. Every product has a carbon footprint. According to Yan Luhui, an iPhone produces an average of 80 kilograms of carbon emissions. You can imagine that an iPhone itself weighs less than 1 kilogram, but its carbon footprint will exceed 80 kilograms. According to Yan luhui, many technology companies and consumer goods are promoting the development of carbon neutrality, such as KFC and oat milk. In fact, carbon reduction elements are slowly infiltrating into everyone's life. "Very few people are completely excluded from carbon neutrality, and I think it's creeping in and becoming increasingly relevant to everyone's daily life." Similarly, many investment institutions are also carrying out their social responsibilities in the path of carbon neutrality. Such as hillhouse has announced a carbon neutral this year, and will become carbon neutral, this year and will be in 2025 institutions since its founding in 2005 history all carbon carbon neutral, also to be cast corporate partners issued the first "carbon neutral initiative", driving the development of everybody together to break the inertia, accelerate low carbon transformation. "The Carbonstop is widely regarded as an epic gold track of 100 trillion. The total investment of carbon neutral track will reach over 130 trillion over the next 30 years. There are endless opportunities for each of us to add value to this golden track." Yan Luhui said. The following is a transcript of Yan Luhui's speech: Since China proposed the "2060 carbon neutral target" on September 22 last year, the whole track of carbon neutrality has been heating up. Many people put carbon neutral as an epic of associated gold circuit, as we like twenty years ago, the Internet would upset everyone's way of life, carbon neutral will become a new social infrastructure, affect our each and every enterprise, I want to share is the future of each enterprise, each individual carbon neutral.  In 2015, the UN Climate Conference in Paris adopted the Paris Agreement, which requires all countries to make concerted efforts to address climate change and stop adding new carbon emissions to the earth. They have also put forward their own carbon neutrality targets. Most developed countries have set a target of carbon neutrality around 2050. Germany has raised its target to 2045, Finland to 2035, and most developing countries are still in the development stage. India has just set a target of carbon neutrality by 2070. China's goal of carbon neutrality is somewhere between a developed country and a developing country in general by 2060. At the corporate level, according to incomplete statistics, more than 500 companies have come up with their own carbon neutral targets. Like, Google announced that in 2030, carbon neutral, Microsoft to realize negative emissions in 2030, it is not just carbon neutral, and negative emissions, and also is the seventy-fifth anniversary of the founding of Microsoft in 2050, realize the historical carbon neutral, apple's target is also very ambitious, apple operating level of carbon emissions have become carbon neutral, Their goal is for all products to be carbon neutral by 2030, which means that all upstream suppliers need to join Apple in becoming carbon neutral, and these industry leaders play an important role in the overall process of carbon neutrality.  Generally speaking, there are three driving forces for enterprises to participate in carbon management and carbon neutrality: The first policy is driven by the fact that China's eight major industries have close to 10,000 key enterprises with carbon emissions. They are forced by the government to disclose carbon data every year and reduce carbon emissions. The second is that the leading brand enterprises spontaneously carry out carbon management and propose carbon neutrality commitments in order to win the favor of consumers or stakeholders for their own brand competitiveness. The third is that upstream suppliers are required by downstream brands to disclose their carbon emission data, which has become an important driving force for the global carbon neutrality goal. China now has dozens of this type of enterprise, in this aspect of the pressure or the power, before also has a Chinese supplier of enterprise, it is also in the aspect of carbon disclosure is required by the customer, for continuous improvement in carbon disclosure performance is very excellent, so in the second year also won the customer a new inspirational case close to 1 billion orders. It is not easy for companies to achieve carbon management or carbon neutrality, but the first step companies can take is to understand the current status of our own carbon emissions. One of the core principles of carbon management is "no quantification, no management, no carbon quantification, no carbon neutrality".

Carbonstop has signed up to the UN Supported Principles for Responsible Investment (UNPRI) as a service provider, It is the first carbon management software and consulting service provider in China to participate in the program. Founded by former UN Secretary-General Kofi Annan and launched on the New York Stock Exchange in 2006, The Principles for Responsible Investment (UNPRI) is an international investor network composed of asset owners, asset managers and service providers around the world, committed to developing sustainable financial systems around the world. UNPRI aims to help investors understand the impact of Environment, Society and Governance (" ESG ") factors on investment value, and to support signatories to incorporate ESG issues into investment and ownership decisions, thus contributing to the process of global sustainable development. UNPRI encourages all parties to adopt and cooperate in implementing the Six Principles, improve corporate governance, integrity and accountability, and work with signatories to build a sustainable global financial system by removing barriers to market operation, structure and regulation. Principle 1: Integrate ESG issues into the investment analysis and decision-making process Principle 2: Be an active owner and incorporate ESG issues into ownership policies and practices Principle 3: Seek appropriate disclosure of ESG issues by subvented entities Principle 4: Promote the acceptance and implementation of the principles by the investment industry Principle 5: Work together to improve the effectiveness of the implementation of the principles Principle 6: Report on activities and progress in implementing the principle At present, PRI has 4,506 signatories worldwide, including 3,363 investment institutions, 659 asset owners, and more than 484 service providers. Among the 17 service providers in China, Carbonstop is the first carbon emission management and software service provider.  Under the dual carbon background, ESG will become an important component of enterprise value in the future, and the enterprise's carbon management ability will become a key indicator to measure THE performance of ESG. As a pioneer in the field of carbon management, Carbonstop is the first to join UNPRI. With its innate digital and carbon management "genes", Carbonstop provides one-stop carbon emission informatization solutions for enterprises and improves their carbon disclosure level. Carbonstop launched Ccloud, a SaaS platform for carbon management Adhering to the "no quantitative, no management; Without management, there will be no carbon neutral "business philosophy, Carbonstop will use technology and innovation to boost the digital transformation of enterprises, and contribute to China's green and low-carbon development. Yan Luhui, CEO of Carbonstop, said, "It is meaningful to join UNPRI to compete with the world's top enterprises and institutions to show their determination and path to achieve the" dual carbon goal ". In the future, Carbonstop is looking forward to cooperating with more enterprises and institutions to lead the way of low-carbon development in the future and join us in "3060".