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Digital Vision Brands Partners with China Resources to Drive Web3 and ESG Innovation
On October 24, 2024, Digital Vision Brands and China Resources successfully held a signing ceremony at Hong Kong Cyberport, marking a new phase in their strategic partnership to foster deep innovation in the Environmental, Social, and Governance (ESG) space. This collaboration aims to integrate cutting-edge digital technologies with sustainable development.
As a pioneer in digital innovation, Digital Vision Brands has been committed to driving digital transformation and sustainable development across industries through Web3 technology. This partnership with China Resources represents further expansion into ESG initiatives. Both parties will leverage their technical strengths to explore innovative applications of Web3 in ESG scenarios, creating more transparent, trustworthy, and sustainable business models.
China Resources Carbon Energy Tech Company, core division of China Resources Group focusing on carbon neutrality, brings extensive experience in dual-carbon projects and leading expertise in fields such as CCUS (Carbon Capture, Utilization, and Storage), forestry carbon sinks, distributed energy projects, and carbon finance. At the signing ceremony, Mr. Huang Qingzhou, General Manager of the Carbon Consulting Division at China Resources, emphasized that this partnership will not only drive innovation in the digital space but also support green transformation in the dual-carbon business, further expanding its influence in the ESG field.
According to the partnership agreement, in the first phase, the focus will be on launching ESG education and training programs as well as promoting and implementing carbon standards. By combining Digital Vision Brands’ expertise in Web3 and digital technology with China Resources vast experience in carbon neutrality, the two companies will jointly develop systematic ESG training courses, improving businesses' and relevant professionals' understanding and execution of ESG standards. Additionally, both parties will work to establish and promote international carbon auditing standards to ensure unified carbon emissions management and tracking systems globally, thereby advancing sustainable development and setting new industry benchmarks.Moreover, the partnership will explore various collaborative efforts, including but not limited to developing blockchain-based transparent carbon footprint tracking systems, building a Web3 carbon asset trading platform, and promoting green, low-carbon business operations. This collaboration will not only enhance ESG performance for both companies but will also set a new standard for the industry, encouraging more businesses to actively engage in the global sustainability movement.
Another key area of focus in this partnership is ESG education exchange and the promotion and optimization of carbon auditing standards. As global demand for sustainable development grows, the need for convergence between domestic and international carbon auditing standards has become increasingly apparent. Digital Vision Brands Holdings and China Resources will work together to promote ESG education and training, facilitate international sharing of educational resources, and enhance businesses' and professionals' understanding and execution of ESG standards. Additionally, both companies will strive to establish and promote more internationally aligned carbon auditing standards, ensuring that carbon neutrality projects in both domestic and international markets have unified and transparent auditing frameworks. This initiative will help businesses better adapt to global ESG standards and provide a stronger foundation for promoting sustainable development.Ms. GiGi Leung, Co-founder and CEO of Digital Vision Brands, expressed her excitement at the signing ceremony: “We are thrilled to partner with China Resources. By combining our strengths in Web3 technology with their expertise in dual-carbon sectors, we will jointly drive ESG innovation and create new models for sustainable development.”
At the ceremony, Mr. Huang Qingzhou, General Manager of the Carbon Consulting Division at China Resources Carbon Energy Tech Company, introduced the company’s relevant business areas. He highlighted that China Resources Carbon Energy Tech Company will focus on deep collaborations in areas such as CCUS, forestry carbon sinks, distributed energy projects, and carbon finance. Mr. Huang also expressed his anticipation for the tangible outcomes of this partnership, especially in advancing ESG education exchanges and the establishment and implementation of carbon auditing standards. He emphasized that China Resources Carbon Energy Tech Company will make every effort to ensure the smooth execution of the partnership, standardizing and actualizing ESG innovation applications to set an industry example and truly excel in ESG efforts.The successful signing of this strategic partnership marks not only the beginning of collaboration between Digital Vision Brands Holdings and China Resources Carbon Energy Tech Company in the Web3 and ESG fields but also a significant milestone in promoting cross-industry collaboration and leading sustainable development. Both parties will fully utilize their resources and technical advantages to jointly create greater long-term value for society and the environment.
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