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Taicang recognized as ESG Best City

chinadaily.com.cn | Updated: September 20, 2024

Taicang High-Tech Industrial Development Zone in Suzhou, Jiangsu province, was awarded as the Best Case for Environmental, Social, and Governance (ESG) City/Community at the first Sino-European Corporate ESG Best Practice Conference in Frankfurt, Germany, on Sept 13. It was the only city case to receive this honor.

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Taicang High-Tech Industrial Development Zone is honored as the Best Case for ESG City/Community in Frankfurt, Germany. [Photo/WeChat account: gh_5d51cb296177]

The conference aimed to enhance communication and cooperation between Chinese and European enterprises in sustainable development, promoting international development and collaboration in fostering new quality productive forces. 

During the event, a representative from the office in Germany delivered a comprehensive overview of the zone's industry collaboration, innovation, talent acquisition, German-style ecology construction, and policy support. The attendees held this presentation in high regard.

Taicang, known as the "hometown of German enterprises", is a model city for Sino-German cooperation, having achieved significant results in industrial collaboration, talent cultivation, cultural integration, and sustainable development. 

The Taicang High-Tech Industrial Development Zone is the central hub for Taicang's cooperation with Germany with industrial clusters in areas such as new energy vehicle components and industrial machinery. It has established a multifaceted and in-depth cooperation system with Germany across industries, education, culture, sports, and public welfare.

A shining example is the Sino-German Energy Efficiency Network, jointly established by Taicang and Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) in 2021. This initiative can save over 25,000 megawatt-hours of energy and reduce carbon emissions by 38,000 metric tons each year.