CASE STUDY 5 Envision: promoting a net-zero industrial park to national level standardization Envision is a clean technology integrator and ecosystem orchestrator, combining wind power, energy storage, green hydrogen and ammonia, and a unified energy and carbon digital management platform to deliver end-to-end net-zero solutions that link upstream energy with downstream manufacturing. Envision operates more than 60 manufacturing and R&D sites worldwide. Its Scope 3 emissions exceed 5 million tonnes (Mt) of CO2e (excluding the power battery business) and account for most of its total emissions. Core initiative –Envision led the release of a group standard for low or net-zero industrial park construction (2022); promoted a Zero Carbon Industrial Park Construction Specification as an Inner Mongolia local standard (2023); and initiated a national guidance project on low-carbon or net-zero industrial parks (2024), while contributing to measurement and evaluation specifications. –Envision built the Ordos industrial park as a net-zero industrial cluster, the first of its kind, using round-the-clock low-cost green power, coordinated microgrids and demand- side retrofits. It also formed closed-loop chains, such as batteries, by co-locating upstream and downstream firms. –The company extended the model to Baotou and Chifeng to decarbonize steel, alloys and green hydrogen- ammonia value chains, creating a multi-park portfolio for scale-up. The model is being replicated in Spain, France and the UK. –Envision deployed a unified energy and carbon management platform for real-time monitoring and audit-ready accounting, aligning park operations with standardized metrics and supplier programmes. Impact The progression from enterprise specification to local and then national standard lowers replication and verification costs and improves the comparability and auditability of carbon accounting. The Ordos park achieves over 80% green power consumption at the cluster level, synchronizes production with renewable availability and reduces supply chain emissions by integrating upstream and downstream actors. The Baotou and Chifeng projects broaden their impact to include heavy industry, positioning a scalable “China solution” for net-zero industrial parks and accelerating diffusion through a standards-based, data-driven approach. Accelerating Value Chain Decarbonization for Corporate Growth: Perspectives from Asia 21

Accelerating Value Chain Decarbonization for Corporate Growth Perspectives from Asia 2025