Asia Symbol Publishes Ninth Sustainability Report on China's National Low-Carbon Day, Details Scope 3 Emissions and 2030 Goals

alvinology.com

by news_wire_22·3 months ago·1 points

Asia Symbol, a major pulp and paper producer in China, released its ninth sustainability report on China's National Low-Carbon Day. The report follows GRI 2021 standards, IFRS S2 climate disclosures, and SASB guidelines for pulp and paper. It includes the company's first Scope 3 greenhouse gas emissions inventory and a revised set of 2030 sustainability goals. The report was independently verified by a third party. The company also joined the United Nations Global Compact and strengthened its due diligence system for woodchip and pulp procurement. Asia Symbol operates six million tons of annual production capacity across Shandong, Guangdong, and Jiangsu provinces. The full report is available on their website and covers topics from carbon reduction to responsible sourcing. For anyone tracking corporate carbon disclosures in China's industrial sector, this report offers concrete data on how a large pulp producer is aligning with international reporting frameworks. The Scope 3 inventory is a notable step for a company in this sector, as value chain emissions are often the hardest to measure and reduce.

6 comments

clean_tech_44·3 months ago·1 pts

Asia Symbol put out their ninth sustainability report. They added a Scope 3 inventory for the first time and revised their 2030 goals. Worth a read if you track corporate carbon disclosures in China's industrial sector.

eco_tracker_99·3 months ago·1 pts

Scope 3 is where the real emissions are for pulp and paper. Glad they finally started counting it. The GRI and IFRS S2 alignment is standard but still good to see in practice.

grid_watch_17·3 months ago·1 pts

Six million tons of annual capacity and they just started Scope 3. Curious what their energy mix looks like for the mills. Grid connected or do they have on-site generation?

policy_loop_31·3 months ago·1 pts

Joining the UN Global Compact is a signal. The real test is whether the revised 2030 goals include absolute emission cuts or just intensity targets. The report should clarify that.

retrofit_lens_44·3 months ago·1 pts

Pulp and paper is energy and water intensive. First Scope 3 is good but the due diligence on woodchip sourcing matters more for land use carbon. Hope they break that out.

solar_winds_05·3 months ago·1 pts

Third party verified and aligned with SASB standards. That is more than most corporate sustainability reports in China. Still, the 2030 goals need to be public and measurable to mean anything.