On September 2, 2022, Shenzhen CTI International Certification Co., Ltd. (“CTI Certification”) assisted Shanying International Holdings Co., Ltd. (stock code: 600567) to obtain the scientific carbon goal of WELL-BELOW 2°C approved by the Scientific Carbon Target Initiative (SBTi).

In the first half of 2022, Shanying International officially joined the Scientific Carbon Target Initiative (SBTi) and made a commitment to a scientific carbon target well below 2°C. In August 2022, the SBTi organization reviewed and approved Shanying International's short-term emission reduction targets. The specific targets are as follows: by 2030 (target year), make it Scope one (direct greenhouse gas emissions from burning fossil fuels), Scope two (Indirect greenhouse gas emissions from purchased electricity and heat) per unit product carbon intensity decreased to 39% of 2020 (base year); Scope three (indirect greenhouse gas emissions from other value chains except Scope one and two) per unit of product carbon intensity to 20% of 2020 (base year).

Shanying International Holdings Co., Ltd. (stock code: 600567) is an international enterprise that integrates recycled fiber recovery, industrial and specialty paper manufacturing, customization of packaging products and industrial Internet platforms. It is committed to building an industrial ecosystem and innovating business models to become “a global leading provider of integrated green solutions that creates long-term value for customers”.

The Science Based Targets initiative (SBTi) drives ambitious climate action in the private sector by enabling organizations to set science-based emissions reduction targets. The SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi call to action is one of the We Mean Business Coalition commitments.

As an authoritative and professional third-party low-carbon service organization in China, CTI has certified and certified more than 1500 CCER/CDM/GS/VCS carbon emission reduction projects, and has carried out greenhouse gas emission verification and verification (ISO 14064- 1), more than 500 services such as product carbon footprint accounting and verification, carbon neutrality verification, etc., 3000+ third-party verification and review projects of carbon emissions in 24 provinces and cities across China, and 600+ energy management system certification/energy-saving diagnosis/energy audit projects, 40+ national green manufacturing projects.