Vape firm Geekvape has released its first Carbon Neutrality Action Report, committing to achieving operational carbon neutrality by 2035 and value chain carbon neutrality by 2050.
Additionally, Geekvape formally joined the Science Based Targets initiative (SBTi) on 20 June, becoming the first non-listed company of the vaping industry globally to join the SBTi.
In the Action Report, Geekvape elaborates on its emission reduction pathways and action plan to achieve carbon neutrality. The firm has been working on specific carbon reduction measures in multiple aspects, including sustainable product design, green and low-carbon manufacturing, product recycling, low-carbon operations, and sustainable supply chain.
Moving forward, Geekvape will continue to initiate emission reduction actions from its own operation and collaborate with partners across the entire value chain to systematically achieve its carbon neutrality goals.
“To reach this ambitious goal, we will integrate green and low-carbon concepts into every stage of our product life cycle, reducing resource consumption through improved product quality and production efficiency,” Allen Yang, chief executive and chairman of the sustainable development committee of Geekvape, said.
“Meanwhile, we will actively enhance our supply chain management and continuously strengthen its resilience. Looking ahead, we will seize the opportunities brought by the low-carbon transition, adhere to long-termism, and embed ‘green and low-carbon’ into our corporate culture, ultimately making outstanding contributions to the sustainable development of both the industry and society.”
