The SIP Conference on Promoting High-quality Development Driven by Green Initiatives was held at Sungent Zero Carbon Hall in Yangcheng Digital Valley on Apr 27 as part of the 2025 Suzhou Global Investment Promotion Conference.

The event, themed “New Green Initiatives for New Future”, was jointly held by SIP Association for Development of Sustainable Development Ecosystem in Businesses, Sungent Group and China Business Journal. It was aimed at providing opportunities for government departments, enterprises, industrial associations and research institutes to seek collaboration in promoting development and innovation of green industrial projects.

At the event, SIP announced three outcomes of ESG researches, including that SIP was selected as a practical case of the first Blue Paper on Environmental, Social and Governance (ESG) Standardization (2024), which is designed to provide a basis and framework for development of ESG-oriented industrial parks nationwide.

The other two outcomes are the General Theory of Environmental, Social and Governance (ESG) Evaluation: Concepts, Frameworks and Applications, a tutorial for enterprise ESG rating evaluators, and the ESG Evaluation Standards for Non-listed Local State-owned Assets and Enterprises.

Nine green projects in such fields as smart energy, carbon capture and environmental technology were signed on site. These projects will not only infuse robust momentum into SIP’s green transition and development, but also enhance the local industrial development and improve Suzhou’s reputation as a new international hub for green industries.

April 27, 2025