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Huawei Joins the Responsible Business 2021 Event by Reuters

Responsible Business 2021 Event

The virtual event Responsible Business 2021, hosted by Reuters Events, acted as a venue for sharing business-critical, actionable ideas. Governments, international organizations, and businesses.

Huawei was one of the sponsors of Responsible Business 2021
How do you get everyone on board with a clear goal and strategy, as well as a new structure and approach for evaluating fresh opportunities? Business prospects are emerging from green new agreements that are designed to create economic growth while simultaneously addressing climate change challenges since sustainability has become the business itself rather than a distinct objective. ICT has been at the forefront of this movement, offering enabling technologies for a greener society. ICT-enabled power savings and carbon emission reductions will significantly outstrip the industry's own, allowing for significant energy conservation and emission reductions throughout the world.

“Carbon neutrality, circular economy, energy efficiency or waste management are at the heart of this much-needed sustainability transition”, said Catherine Chen, Huawei Corporate Senior Vice President and Director of the Board. In her keynote, she emphasized the importance of reducing carbon emissions and fostering the use of renewable energy and highlighted Huawei Smart PV solution which is being widely used in more than 60 countries. “All in all, when deployed in large ground-based power plants, Huawei smart PV solutions can help cut power generation costs by 7%. When used in enterprise campuses and households, they can increase power yields by 2% and reduce power consumption costs”, she stated.

Responsible Business 2021 Event

Catherine Chen, Huawei Corporate Senior Vice President and Director of the Board delivering a keynote at the Responsible Business 2021

As a responsible corporate citizen, Huawei is committed to minimizing its environmental impact in production, operations, and throughout the lifecycles of its products and services. The main objective is to cut carbon emissions, promote renewable energy, and contribute to more regenerative economic systems. In 2020, Huawei worked with 93 of its top 100 suppliers to set a carbon emission reduction target. The PV power plants on Huawei campuses generated 12.6 million kWh of electricity. 1.55 billion kWh of clean energy was used, reducing carbon emissions by more than 620,000 tons. The device recycling program was expanded to cover 48 countries and regions, and recycled more than 4,500 tons of electronic waste. Huawei was among the top 5% of the Carbon Disclosure Project (CDP) ‘A List’ companies, out of the 9,000 companies scored by CDP on their climate change disclosures in 2020.

“Responsible Business 2021 clearly articulated the pressing demand for businesses to re-think parts, if not all, of their business. The event also provided a great platform for new definitive actions, new ways of collaborating, and open innovation among all stakeholders. Companies like Huawei can play a vital role in ensuring the just transition and can serve as a role model for companies to transform their businesses.”, said Liam Dowd, Managing Director, Reuters Events Sustainable Business.

The event featured well-renowned leaders and high-level government officials including: HRH The Prince of Wales, Carlos Alvarado Quesada, President of Costa Rica, Nadia Calviño, Vice President and Minister of Economic Affairs and Digital Transformation, Spain, Virginijus Sinkevičius, Commissioner Environment, Oceans and Fisheries, European Commission, Sanda Ojiambo, Executive Director, UN Global Compact, Pierre Gramegna, Minister of Finance, Luxemburg, Tina Bru, Minister of Petroleum and Energy, Norway, Jochen Flasbarth, State Secretary at Ministry for the Environment, Nature Conservation and Nuclear Safety, Germany, Thomas Dermine, State Secretary for Economic Recovery and Strategic Investments, Ministry of the Economy and Employment Belgium, and Hilde Hardeman, Head - Service for Foreign Policy Instruments (FPI), European Commission, etc.

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