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Classified in: Oil industry, Environment, Science and technology
Subject: CSR

Envision Gains Recognition for Leadership in Sustainable Wind Energy at International ESG Event


DUBAI, UAE, Jan. 10, 2024 /PRNewswire/ -- The "ESG in Wind & Wind Project Development in Emerging Markets" forum, hosted by Envision Energy, the world's leading net-zero technology partner, in collaboration with AMEA Power, a global renewable energy developer, and International Finance Corporation (IFC), concluded successfully in Dubai. The event brought together wind industry leaders and financiers to explore sustainable development, ethical practices, and the evolving dynamics of wind energy, with a special focus on emerging markets.

Envision has firmly established its presence in the MENA region through landmark wind projects, including supplying 1.67 GW wind turbines to Neom and 500 MW to AMEA Power in Egypt. The company is actively expanding its global reach with net-zero solutions, demonstrating its dedication to sustainable energy development and technological innovation.

Ian Spaulding, CEO of LRQA, a premier global certification and assurance company, extolled Envision Energy's efforts in sustainable supply chain management. "Envision Energy sets a new benchmark and shows real ambition with sustainable sourcing within its supply chain," said Ian.

Vito Saluto, Head of ESG at AMEA Power, emphasized the importance of innovative solutions in wind project development, especially concerning biodiversity conservation. "Sustainable development in wind energy transcends mere technological advancement; it encompasses a comprehensive approach to environmental and social governance. Collaborating with ethically driven companies like Envision is a source of pride for us," Saluto noted.

The involvement of IFC at the event echoed the growing emphasis on ethical and responsible practices within the wind energy sector, particularly in emerging markets. It illuminated the contributions of key industry players, like Envision Energy, whose efforts in sustainable innovation have become increasingly aligned with the broader objectives of institutions like the IFC.

The event stressed the importance of cross-sector collaboration in advancing wind energy. Discussions focused on integrating new technologies, the critical role of community involvement in development projects, and the importance of policy frameworks in promoting renewable energy initiatives.

About Envision Energy

Envision Energy is a world-leading green technology company, providing renewable energy system solutions for global enterprises, governments and institutions. With the mission of 'solving the challenges for a sustainable future', Envision Energy continuously reduces the production, storage, and synergy costs of renewable energy through technological innovation. Encompassing three major business sectors - Smart Wind Turbines, Energy Storage, and Green Hydrogen Solutions, Envision Energy collaboratively constructs comprehensive solutions for energy transformation. It also manages Envision-Hongshan Carbon-Neutral Fund and owns Envision Racing Formula E team, who conquered the Formula E Teams' Championship in 2023.

Today, Envision Energy leverages its global network of R&D and engineering centers across China, the United States, UK, France, Germany, Denmark, etc. to continuously lead global green technology development. Envision Energy joined the Science Based Targets initiative (SBTi) and committed to achieving the "Business Ambition for 1.5°C" in 2021. It has achieved carbon neutrality across its global operations by 2022 and will achieve carbon neutrality throughout its value chain by 2028.

Envision was ranked second in Fortune's 2021 "Change the World" list, and was ranked among the Top 10 of the 2019 'World's 50 Smartest Companies' by the MIT Technology Review.

For more, please visit envision-group.com.

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