Reported 9 months ago
Investment in environmental sustainability has become a key focus for businesses, with Yongfengyu (1907) Group planning to increase its environmental investment by 75% to approximately 9.01 billion yuan this year, focusing on energy conservation, carbon reduction, renewable energy transition, and exploring the prospects of behind-the-meter energy storage. The group's previous environmental investments of 516 million yuan last year mainly targeted energy and power expenses, air quality, water resource treatment, waste handling, and other aspects. Yongfengyu aims to continue developing energy conservation, carbon reduction, and green product production, with a significant increase in environmental investment estimated at around 9.01 billion yuan this year.
Source: YAHOO