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Modern Dairy Carbon Emission Target

2022 unit carbon emission: 0.9 KgCo2e/kg FRCM, achieving 16.67% of the Stage 1 target.

In 2022, Modern Dairy adopted the following practices to achieve carbon emission reduction:

  1. Acquisition: In 2022, we included the newly acquired subsidiaries and farms into the scope of carbon emission calculation, resulting in an overall increase in carbon emissions, with an increase of 633,331.94 tons of CO2e. At the same time, Modern Dairy attaches great importance to the carbon emission management of the acquired subsidiaries and newly built farms and is accelerating the energy-saving transformation and biogas system construction, to ensure the sustainable development of the company under the dual-carbon strategy.

  2. Cleaner sources of energy and renewable energy consumption change: Building a green circular industrial chain of “feed cultivation-dairy cattle breeding-manure treatment-organic waste soil fertilization (biogas power generation)-feed cultivation”, realizing the comprehensive utilization of biogas energy for power generation (electricity, steam and heating), solid manure recycling and organic fertilizer returning to the field, thereby reducing carbon emissions. This reduced our carbon emissions by 70,154.604 tons of CO2e compared to 2021.

  3. Other emission reduction initiatives: We implemented emission reduction actions such as installing induction fans, permanent magnet motors, precision spraying, energy-saving lighting, etc. This reduced our carbon emissions by 1,071.10 tons of CO2e.

  4. Output change: As our business is still in a period of continuous growth, the absolute increase in greenhouse gas (GHG) emissions is inevitable with the expansion of output, which increased our carbon emissions by 177,063.6 tons of CO2e. But through our efforts, the emission intensity is declining year by year.

Modern Dairy launched the dual-carbon plan and set a quantitative target for carbon intensity emissions by 2035. Modern Dairy listed the ultra-large-scale farms and super-large-scale farms with low carbon emission intensity as the “carbon emission” model and star. “Energy saving and emission reduction” is incorporated into the strategic planning, aiming to provide a strong basis for the coordinated development of low-carbon and quality improvement and efficiency enhancement, and boost the confidence of the industry’s sustainable development.