TENCENT(HK:00700) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-21 15:29Core Insights - The COP30 conference in Belem, Brazil, has seen a significant turnout, reflecting the global urgency surrounding climate change issues [1][2] - Key discussions at the conference include enhancing Nationally Determined Contributions (NDCs), funding arrangements, just transitions, and global carbon market mechanisms, with a notable focus on China's climate policies and technological solutions [2][3] - Tencent showcased its digital solutions, including the "Carbon LIVE" platform, aimed at connecting technology providers, application users, and funding sources to facilitate carbon reduction efforts [3][4] Climate Action and Technology - The "Carbon LIVE" platform has evolved to support various international initiatives, including the UNSH platform and the Global Low Carbon Technology Joint Search (CTS), enabling users to publish needs and seek technological solutions [4][5] - Tencent's "Carbon Seeking Program" aims to gather innovative low-carbon technologies to support developing countries, focusing on areas like carbon removal and long-duration energy storage [5][6] - The company emphasizes the importance of engaging the gaming community to raise awareness and promote climate action through interactive experiences [6][7] Data Center Sustainability - Tencent is addressing the rising energy demands of data centers, which are projected to double by 2030, by committing to achieve carbon neutrality across its operations and supply chain by 2030 [7][8] - The company is implementing energy-efficient practices in its data centers, including strategic site selection and the use of renewable energy sources, with 22% of its total electricity coming from green energy [7][8] - Tencent's microgrid project in Huailai, which integrates wind, solar, and storage, has successfully reduced carbon emissions by nearly 8,000 tons annually and saved over 3.5 million yuan in electricity costs [10]