Technology

Financial technology giant Ant Group unveils midterm carbon reduction plan as it pursues net-zero emission by 2030



Ant Group, operator of popular Chinese mobile payment service Alipay, plans to slash its direct carbon emissions by nearly a third by 2025 as part of its journey towards carbon neutrality at the end of this decade. The world’s largest financial technology company, controlled by billionaire Jack Ma, will work with data centre partner Alibaba Cloud – a subsidiary of e-commerce giant Alibaba Group Holding, which owns the South China Morning Post – to boost the share of renewable energy on its…



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