Just a few years ago, China was a major obstacle to a global agreement on climate change. But the attitude of the government has changed, to the delight of all. But it will take more than good will to clean up and it will be a long time before the smog lifts. In this sense, the idea that China will be a ‘Green Leader’ anytime soon says more about how far they have to go than how far they have come. Yet in recognizing the problems and directing investments towards new technologies, China has stumbled upon a realistic expectation of leadership in the energy technologies of the low-carbon future.
“Sustainability is one of those issues that I am very passionate in, it is linked to my beliefs,” says Zhang Huaying, Coca-Cola’s VP for Sustainability in the Greater China, Korea region. She has been tasked with integrating the company’s Corporate Social Responsibility plans into day-to-day operations, taking it beyond just PR concerns. But how exactly does this work? And how is Coca-Cola’s CSR program structured differently to most companies? In this interview, Zhang talks to CKGSB Knowledge on how Coca-Cola practically implements sustainability programs in China, whether the issue is water sustainability or financial arrangements for helping out with responses to natural disasters.
In 1911, the grandest building in Beijing was the Forbidden City’s 35-meter-tall Hall of Supreme Harmony, and Beijing, Tianjin and Hebei were one province. Over a century later the gleaming China World Trade Center’s Tower III stands at 330 meters. Often its top floors are obscured by haze. On a rare blue-sky day the view from the top affords a vista of gridlocked ring roads radiating out toward a seventh ring of garbage dumps and onward to a far less prosperous periphery. Hence the drive to decongest the capital’s core via the ambitious JingJinJi plan to integrate Beijing, Tianjin and Hebei into a single, massive urban corridor.
In a bid to improve the environment, the Chinese government is considering imposing a pollution tax. But how exactly should it determine the tax amount?
Chinese companies are starting to realize that corporate social responsibility is an important part of their transformation into a reputed brand.
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The key takeaways from the 2015 Lianghui, the two annual meetings that set the agenda for the Chinese economy.
This week, smartphone manufacturer Xiaomi made new moves in the wearable technology space; Tencent signed a deal to boost its K-pop quotient; and NDRC placed its bets on a new plan to clean China’s smoggy skies.
Is renewable energy in China a good investment option? We look at which of China’s green investment areas offers the best return.
Two experts—Anthony Liu from CKGSB and Martin K. Dimitrov from Tulane University—explore the impact of the $400 billion natural gas deal on China and Russia relations.