China's new energy industry is developing rapidly, yet challenges still linger, such as the lack of standardized carbon reduction methodologies, financing difficulties for supply chain enterprises, and the limited alignment with international carbon footprint standards.

Recently, CATL signed a strategic cooperation agreement with China Beijing Green Exchange, Ningde Communications Investment Group Co., Ltd., and Ningbo Yiheng Carbon Technology Co., Ltd. Among them, CATL and China Beijing Green Exchange will engage in deep cooperation in the development of a carbon reduction methodology, the green finance innovation within the supply chain, and the alignment with international green standards, to boost the high-quality development of the industry.

01 Developing a Carbon Reduction Methodology to Make Environmental Value Verifiable

Battery application scenarios are rapidly expanding from new energy vehicles (NEVs) to energy storage systems, electric vessels, and others, but there is a lack of unified industry standards and methodologies for scientifically accounting for their emission reduction benefits.

CATL and China Beijing Green Exchange will jointly develop a carbon reduction methodology for the battery industry and establish a series of scientific quantification standards. Once precisely quantified and officially recognized, companies' emission reduction achievements will become "green assets" to pave the way for their entry into the carbon trading market.

02 Formulating Green Evaluation Standards for the Supply Chain to Turn Carbon Reduction Efforts into Financing Advantages

The new energy industry has a complex and extensive supply chain, whereby upstream and downstream players often face financial challenges during low-carbon transition.

The two parties will work with financial institutions to develop a green evaluation framework for the battery supply chain, providing a comprehensive assessment based on criteria including carbon footprint, energy consumption, and the proportion of clean energy used. With a stronger sustainability performance, a supplier will gain faster access to green financing at more favorable interest rates.

03 Breaking Down Carbon Barriers to Align China's Green Practices with International Rules

China has the world's largest new energy value chain, which has not yet been fully aligned with international carbon regulations. Carbon reduction achievements recognized domestically may not be accepted internationally due to different certification standards across jurisdictions.

The two parties will promote the alignment of China's practical experience in the new energy industry with international carbon market rules and green certification systems, to help Chinese enterprises' carbon reduction achievements gain broader international recognition.

In the future, CATL will continuously deepen its cooperation with China Beijing Green Exchange, broadening its green services network and driving the sustainable transformation of the global new energy industry.