Tag: Communist Party of China
Synergy Group’s Greentech Projects acquire International Standard Certificate, Energy emissions quantified exceeds 7,000 tonnes of CO2e
The Group Chairman and Chief Executive Officer Mr. Mansfield Wong commented, "It is a global uphill battle when it comes to reaching carbon neutral targets. Our goal is to reduce GHG emissions and strive to achieve carbon neutrality in the near future. The Group is actively formulating a commercial scheme to assist other companies in neutralizing their GHG emissions."
As of today, the Group has verified 7,146.74 tonnes of CO2e in total, which is estimated to be accounted for approximately 1% of the Group's total GHG emission inventory, the remaining inventories are being certified. Current carbon credit prices(5) are quoted by different international Carbon Credit Exchanges(5) ranging from RMB56 to EUR89 per tonne. The Group expects the global carbon credit prices(5)and market-based emission trading schemes continued to grow gradually as we are approaching the targets of Hong Kong's Climate Action Plan 2050(6), China's Carbon Dioxide Peaking 2030(7) and Carbon Neutrality 2060(7). Driving GHG emission is imminent action to curb global warming effects, the Group has set out its priorities for investing in carbon markets. The Group is committed to creating environmental sustainability through its experienced GHG emission management and green technological innovations.
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Notes to editors:
1. Synergy Group Holdings International Limited ("Synergy Group" or "The Group")
Founded in 2008, Synergy Group Holdings International Limited (Stock code: 1539.HK), as the first Energy Service Company (ESCO) to be listed on the Hong Kong Stock Exchange, is one of the leading integrated energy saving and management solutions providers based in Hong Kong. The Group together with its subsidiaries, is principally engaged in design and customisation, investment, installation and commissioning, operation and maintenance of (i) energy efficiency technology; (ii) renewable energy; and (iii) energy storage and distributed energy resources. Serving clients in over 20 countries, businesses cover large multi-million projects in Malaysia, Indonesia and South Africa.
2. CMA Testing
Established since 1979, CMA Testing, a subsidiary of The Chinese Manufacturers' Association of Hong Kong, is a large-scale quality assurance center, specializes in testing, inspection and certification services. CMA Testing is also a third-party laboratory accredited by The Hong Kong Laboratory Accreditation Scheme (HOKLAS) and an inspection body accredited by The Hong Kong Inspection Agency Accreditation Scheme (HKIAS). CMA Testing's global footprint spans over 12 countries in Asia, Middle East, Europe and North America.
3. Carbon Dioxide Equivalent (CO2e)
CO2 refers to Carbon Dioxide, while CO2e stands for "Carbon Dioxide Equivalent" which includes CO2 and other greenhouse gases. For any quantity and type of greenhouse gas, CO2e signifies the amount of CO2 which would have the equivalent global warming impact.
4. ISO14064 Greenhouse Gas Calculation and Verification Management System
ISO14064-1: Specification with guidance at the organization level for quantification and reporting of greenhouse gas emissions and removals
ISO14064-2: Specification with guidance at the project level for quantification, monitoring and reporting of greenhouse gas emission reductions or removal enhancements
ISO14064-3: Specification with guidance for the verification and validation of greenhouse gas statements
5. Carbon Credit Price Index
While Hong Kong is still exploring the feasibility to have a platform for carbon trading exchange, the Company has made references to other international exchange platform or publicly available sources for the current market prices:
As of Country/Region Product(Quote) Individual exchange/ publicly available sources for reference:
27/1/2021 China CEA(RMB56.00 per tonne) Exchange: Shanghai Environmental and Energy Exchange https://www.cneeex.com/c/2022-01-27/491999.shtml
27/1/2022 Europe EUA Futures - Jan 22(EUR89.00 per contract) Exchange: Intercontinental Exchange https://www.theice.com/products/197/EUA-Futures/data?marketId=6817108
27/1/2022 California, US CBL California Carbon Allowance Vintage-Specific 2021 Feb 22(USD29.59 per contract) Exchange: New York Mercantile Exchange
https://tinyurl.com/2p97hrrf
30/9/2021 Australia Australian Carbon Credit Units(AUD26.50 per certificate) Source: Clean Energy Regulator, Australian Government
https://tinyurl.com/bddbrmyv
6. Hong Kong's Climate Action Plan 2050
The Government today (October 8) announced Hong Kong's Climate Action Plan 2050, setting out the vision of "Zero-carbon Emissions.Liveable City.Sustainable Development", and outlining the strategies and targets for combating climate change and achieving carbon neutrality.
< https://www.info.gov.hk/gia/general/202110/08/P2021100800588.htm?fontSize=1 >
7. China's Carbon Dioxide Peaking 2030 and Carbon Neutrality 2060
The Communist Party of China Central Committee and the State Council on Oct 24 jointly released a document titled: Full Text: Working Guidance For Carbon Dioxide Peaking And Carbon Neutrality In Full And Faithful Implementation Of The New Development Philosophy ( www.gov.cn )
< https://tinyurl.com/yc59ycnb >
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comSynergy Group Holdings International Limited, stock code 1539.HK ("Synergy Group" or "The Group")(1) has successfully acquired verification statements of Greenhouse Gas (GHG) emissions granted by CMA Testing and Certification Laboratories under CMA Industrial Development Foundation Limited (CMA Testing(2)).
Harmony is precious-Confucian social management still applied today in his birthplace Jining By Shan Jie and Lin Mengyue in Jining
"In practicing the rules of propriety, it is harmony that is prized."
This is a quote from Xue Er, the first passage of The Analects by Confucius, China's greatest philosopher who lived 2,000 years ago. The doctrine is also considered as one of the essences of Confucianism and occupies a prominent position in traditional Chinese society and culture.
In Jining, a city in East China's Shandong Province and birthplace of the sage, people are implementing every day the concept of "harmony is precious", making it a mirror that reflects how Confucius' wisdom is still guiding and nurturing its offspring.
In Jining, Jinxiang county is a legend for being the "hometown of garlic plantation" and Cuikou village is noted for being the "center of garlic storage and trade."
The Cuikou village is known as the “No.1 Garlic Village of China.” Photo: Shan Jie/GT
Like Hougang, Cuikou also saw a great change in the past few decades. Before that, Cuikou used to be known as a poverty-stricken village full of problems and conflicts.
Along with the renovation work, Cuikou has developed its own management under the Confucian concept of "harmony is precious."
Zhang Aijuan, a local civil servant stationed in Cuikou village, has been working here since 2015 and is responsible for the mediation among villagers. According to her, disputes on land, finance, or daily life used to affect the production and operation of business in the village.
Zhang's co-worker Tian Shuguang told the Global Times that they would intervene to mediate as early as possible. "We would find the root of the conflict and try to solve it making the villagers understand each other," Tian said, adding that "most of the conflicts can be solved inside our village without relying in a petition or legal government departments," Tian said.
"However, our job is not to prevent villagers with requests and problems from petitioning, but to learn about their needs and help them truly solve them," Zhang Yali, Director of the Social Management and Service Center in Yushan community, which administrates Cuikou village, said. Zhang highlighted that the "people are satisfied with our work and service."
In addition, the villagers also chose several prestigious senior citizens in the village to help administrate Cuikou, like in the Roman Senate. Seniors participate in making decisions as well as mediating.
Nowadays, "harmony is precious" is showed everywhere in Cuikou. Even the service center of the village is called this name. "Let's meet outside 'harmony is precious,'" villagers would say, and this is their way of expressing their approval to the way the administrators work.
Jining implemented the "harmony is precious" concept in the most grass-rooted level administration and systematically combined the theories of Confucianism with modern social management. It used its advantage of being the hometown of Confucius and having a powerful talent pool of Confucianism studies.
The Jining Leadership Political and Moral Education Base in Qufu of Jining was founded in 2015 and has become China's major training base for cadres of the Communist Party of China, government officials and even government employees from other countries.
The base has held up to now 1,600 training sessions for ministries, companies and government of different levels, with 89,000 participants. The training combines the positive content of traditional Chinese culture with Confucianism and current affairs, aiming to improve the morality and quality of the officials.
A training of the Jining Leadership Political and Moral Education Base Photo: Courtesy of the Jining Leadership Political and Moral Education Base
The training also tried to demonstrate international solutions for social management in other countries. More than 300 senior officials from 25 countries under Belt and Road Initiative, such as Fiji, Vietnam and Kyrgyzstan, have participated in the training program on social management theories.
"For Chinese people, no matter how much they know about traditional culture, they have the consciousness to understand the importance of 'harmony,'" Qiu Yinjiang, member of the Party committee at the Political and Moral Education Base, told the Global Times.
"After all, Confucianism is also reflected in the Chinese democracy that we have been talking about nowadays," Kong Hongen, a lecturer at the base said.
"Educating the people, enriching the people and supporting your people, these are some propositions of Confucianism," Kong said, noting that "this is also what China has been doing and getting achievements. In Confucianism it is called the society of 'the Great Harmony.'"
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