Xinxiang Bailu, a global MMCF (Man-Made Cellulosic Fiber) leader, aims to peak 
the company's carbon emissions by 2028, two years ahead of the national target 
of 2030, the company announced on the 4th February 2021.

https://mma.prnewswire.com/media/1433217/video.mp4

Located in central China, it also plans to reduce 40 percent carbon emissions 
by 2035 and reach carbon neutrality by 2055.

"As a leading MMCF producer responding to China's carbon neutral goal, we stand 
with global industrial partners to address climate change together," said Mr. 
Deshun SONG, General Manager of Xinxiang Bailu.

The target was announced amid China's push for green growth. The Central 
government emphasized that realizing carbon neutrality by 2060 and peaking 
carbon emissions by 2030 are two important goals of China announced during the 
recent 75th session of the UN General Assembly. 

To reach that goal, Xinxiang Bailu will carry out a climate action plan to 
reduce carbon emissions during production, which will be in line with the Paris 
Agreement and Climate Stewardship 2030 of CNTAC (China National Textile and 
Apparel Council). The plan also includes conducting regular carbon information 
disclosure as a listed company, and developing zero-carbon MMCF product by 2022 
to reduce the carbon footprint to customers in the supply chain within support 
of CNTAC LCA Working Group.

Commenting on the announcement, Laila PETRIE, CEO of environmental organization 
2050, said she was pleased to see more and more Chinese textile companies 
joining climate action, and congratulated Xinxiang Bailu for this journey. She 
said that producer companies achieving real decarbonization will be an 
effective driver of climate transition in the global textile value chain.

ZHANG Zixin, Secretary-General of the CV (Collaboration for Sustainable 
Development of Viscose) said, "We are delighted that CV member is getting to be 
a leader rather than a follower. Xinxiang Bailu's commitment has demonstrated 
an exemplary role for the CV members and even the entire cellulose industry. 

"What we learned from the Covid-19 pandemic is that, in the face of a common 
crisis, no one can stand alone, our industry can act collectively for the 
climate more than when we stand alone." Mr. SONG from Xinxiang Bailu also said. 
The company will collaborate with the CNTAC SDG team, the CV and other key 
partners, to create a climate action taskforce that ensures Xinxiang Bailu's 
future carbon neutrality.

SOURCE: Xinxiang Bailu