Chindata Group offers zero-carbon solutions for Asia-Pacific digital infrastructure during COP26

Rhea-AI Summary

Chindata Group (NASDAQ: CD) participated in the Make Climate Action Everyone's Business Forum at COP26, sharing its zero-carbon initiatives for digital infrastructure in Asia-Pacific. Zoe Zhuang, the company’s VP, outlined their roadmap for carbon neutrality, encompassing carbon offsetting, sustainable supply chains, and clean energy collaboration. Notably, Chindata Group accounted for just 0.014% of China's power consumption in 2020, setting best practices for the Asia-Pacific digital economy. The forum gathered over 10,000 participants globally to address climate change and promote rapid decarbonization efforts.

Positive

• Chindata Group is implementing a carbon-neutral roadmap, enhancing its reputation as a sustainable technology leader.
• The company promotes significant initiatives, including green power trading and renewable energy projects, potentially attracting eco-conscious investors.

Negative

• None.

BEIJING, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, was invited to participate in the Make Climate Action Everyone's Business Forum hosted by the International Chamber of Commerce, which runs in parallel to the United Nations Climate Change Conference (COP26). Chindata Group shared its zero-carbon actions for digital infrastructures in Asia-Pacific emerging markets with industry leaders, associations, and NGOs in response to climate change.

During the session, Zoe Zhuang, vice president of Chindata Group, introduced that Chindata Group will continue to provide feasible zero-carbon solutions in Asia-Pacific emerging markets. The solutions comprise international carbon offsetting, cross-regional cooperation for a sustainable supply chain, and regional clean energy collaboration. As China's first technology company to propose a detailed carbon-neutral roadmap, Chindata Group is implementing net-zero carbon emissions solutions for digital infrastructure in China. It has taken several green power consumption initiatives, including direct green power trading, innovative regional green power consumption mechanisms, renewable energy power stations development, and integrated power Generation-Grid-Load-Storage projects.

Executive Secretary-General of Global Compact Network China stated that Chindata Group was a company that took up 0.014 percent of China's annual power consumption in 2020. He believed Chindata Group provided one of best practices to reduce carbon emissions for the Asia-Pacific digital economy by leading the industry to announce its carbon neutrality goals covering all of its next-generation hyperscale data centers around the globe.

The Make Climate Action Everyone's Business Forum brings together more than 10,000 public and private sector participants from over 120 countries, including the International Energy Agency, the International Trade Center, the World Resources Institute, and UNICEF. It will help catalyze coherent dialogue on critical climate, energy, and environment-related issues to enable rapid decarbonization of the global economy.

About Chindata Group
Chindata Group (NASDAQ: CD) is a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets and a first mover in building next-generation hyperscale data centers in China, India and Southeast Asia markets, focusing on the whole life cycle of facility planning, investment, design, construction and operation of ecosystem infrastructure in the IT industry. Chindata Group provides its clients with business solutions in major countries and regions in Asia-Pacific emerging markets, including asset-heavy ecosystem chain services such as industrial bases, data centers, network and IT value-added services.

Chindata Group operates two sub-brands: "Chindata" and "Bridge Data Centres". Chindata operates hyper-density IT cluster infrastructure in the Greater Beijing Area, the Yangtze River Delta Area and the Greater Bay Area, the three key economic areas in China, and has become the engine of the regional digital economies. Bridge Data Centres, with its top international development and operation talents in the industry, owns fast deployable data center clusters in Malaysia and India, and seeks business opportunities in other Asia-Pacific emerging markets. Visit official website for more information: https://www.chindatagroup.com

FAQ

What is Chindata Group's involvement in the COP26 climate conference?

Chindata Group participated in COP26 by sharing its zero-carbon initiatives for sustainable digital infrastructure in Asia-Pacific.

What carbon neutrality goals has Chindata Group set?

Chindata Group aims to achieve net-zero carbon emissions through various initiatives, including carbon offsetting and renewable energy collaboration.

How much power consumption did Chindata Group account for in China in 2020?

Chindata Group accounted for 0.014% of China's annual power consumption in 2020.

What are the main initiatives Chindata Group is pursuing for zero-carbon solutions?

Chindata Group focuses on international carbon offsetting, sustainable supply chain cooperation, and clean energy collaborations.

How many participants attended the Make Climate Action Everyone's Business Forum?

The forum attracted over 10,000 public and private sector participants from more than 120 countries.