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Yili Moves to Advance Its Carbon Neutrality Goal across the Industrial Chain before 2050

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– Yili became China’s first food company to announce its Roadmap to a Net-Zero Carbon Future.

– According to the Roadmap, tasks are outlined for 2030, 2040 and 2050.

On April 8, Yili took the lead in China’s food industry to launch its Plan for a Net-Zero Carbon Future and Roadmap to a Net-Zero Carbon Future.

Pan Gang, Chairman and President of Yili Group, said that Yili peaked carbon emissions in 2012 and committed to achieving carbon neutrality before 2050 with targets set for 2030, 2040 and 2050.

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On the same day, Yili Group Net-Zero Carbon Alliance was inaugurated with Yili’s 43 global strategic partners, which was marked by an online conference. With World Integrally Sharing Health: A Sustainable Development Initiative by Yili Group, Yili joined collaborated with partners across the industrial chain towards a net-zero future. Among them, Tetra Pak, FrieslandCampina, Chr. Hansen, Roquette, and four other suppliers were recognized as Low Carbon Pioneer in Yili’s Global Supply Chain.

In the Roadmap, Yili outlined a path towards full life-cycle carbon neutrality in three phases.

By 2030, an operational model for green, low-carbon, and circular development will preliminarily take shape at Yili and the energy efficiency will increase substantially.

By 2040, remarkable progress will be made towards overall green growth throughout Yili’s industrial chain. The energy efficiency at the corporate level will reach the world’s leading level.

By 2050, Yili will become a green, low-carbon, and circular enterprise with a high-quality energy system that is clean, emission-free, safe, and efficient. The energy efficiency of its entire industrial chain will reach a world-leading level.

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For many years, Yili has attached great importance to its goal of carbon neutrality and has taken effective actions to reduce carbon emissions across the industrial chain. Pan Pan Gang first put forward the concept of “green leadership” at the first Summer Davos Forum in 2007. Later in 2009, the green industrial chain strategy was proposed, integrating green production, green consumption and green development. As the first company in the food industry to launch the corporate carbon inventory assessment in 2010, Yili has continued with such assessments for 12 consecutive years so far. On October 24, 2020, Yili became China’s first food company to commit itself to carbon neutrality in response to China’s goal of peaking CO2 emissions by 2030 and achieving carbon neutrality by 2060. On December 31, 2021, Yili held a ceremony to launch its Future Intelligence and Health Valley in Hohhot, Inner Mongolia Autonomous Region, China’s first five-star project for carbon neutrality.

On December 28, 2021, Yili received the PAS 2060 certification for carbon neutrality from Bureau Veritas, the first in the industry. Bureau Veritas recognized that Yili peaked its carbon emissions in 2012.

This year, Yili now has the first net-zero factory in China’s food industry, the first net-zero milk in the country, and the first two “net-zero factories” in the Chinese milk powder industry.

Yili will pursue carbon neutrality before 2050 in its next strategic phase. As one of the Top 5 global dairy brands and the largest dairy company in Asia, Yili will strive for mutually beneficial development along its industrial chain and create more social value while ensuring its high-quality development. Yili will work with partners across the entire industrial chain to make the net-zero future a reality.

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Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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