Contributors Acknowledgements This white paper has been prepared using the insights of many industry practitioners and experts, including leading businesses, academic and research institutes, industry associations and civil society members. The authors would like to thank all the organizations and experts who attended discussions and provided inputs for this paper, with special acknowledgement for those below. The paper does not necessarily reflect the views of these individuals and/or their organizations. Expert advice is purely consultative in nature and does not imply any association with the content or conclusions presented in this paper. Laia Barbarà Head, Climate Strategy, World Economic Forum Butra Boonliang Head, ESG Strategy and Integration, SCG (Siam Cement Group) Chen Xin Senior Analyst, Electrical Equipment and Alternative Energy, GF Securities Deng Wenjie Head, Sustainability, JD Logistics Du Bin Director, Decarbonization Centre, Beijing Shougang Jin Yanming Senior Expert, State Grid Energy Research Institute Zilke Grogan Global Director, Market Activation, CDPJamie Hua Senior Engineer, Intelligent Zero Carbon COE Zero Carbon Products, Envision Li Congxiao Deputy Director-General for Decarbonization, China State Construction Engineering Corporation (CSCEC) Li Guo Division Chief, Engineering Department, China Huaneng Group Liu Wenli Deputy Director General, International Business Department, China Huaneng Group Li Disi Director, International Exchange Center, Global Sustainable Transport Innovation and Knowledge Center Lu Gang Chief Engineer, State Grid Energy Research Institute Ma Jun Director, Institute of Public and Environmental Affairs Ma Qing Executive Vice-President and Head of People and Organization, Sustainability Lead, China, Siemens Paramate Nisagornsen Vice-President, Corporate Administration, SCG (Siam Cement Group)World Economic Forum Wee Kean Fong Head, Nature and Climate, Greater China Yiran He Specialist, Industry Decarbonization Yufang Jia Project Fellow, World Economic Forum; Research Fellow, State Grid Energy Research InstituteCDP Fei Li Market Director, China, CDP Sandra Leob Head, Market Activation, CDP Edan McHugh Analyst, Climate, CDP Accelerating Value Chain Decarbonization for Corporate Growth: Perspectives from Asia 26

Accelerating Value Chain Decarbonization for Corporate Growth Perspectives from Asia 2025