JD’s Green Stream Initiative Won 2020 Paulson Prize for Sustainability

JD’s Green Stream Initiative Won 2020 Paulson Prize for Sustainability

by Vivian Yang

The Green Stream Initiative, JD’s green supply chain program has been awarded a 2020 Paulson Prize for Sustainability, as announced on November 18 in Beijing at a virtual streaming award ceremony.

Certificate of the excellence award of the Green Innovation Category of 2020 Paulson Prize for Sustainability

The Prize is jointly organized by The Paulson Institute and Tsinghua University, with an aim to identify and award sustainability-focused projects in China that provide innovative, scalable, and market-based solutions at the intersection of economics and the environment.

JD’s sustainability program was nominated among over a hundred applications and selected among the top four finalists in the Green Innovation Award category in this year’s Prize evaluation process. Jurors of the Prize include Zhuang Weimin, Academician of Chinese Academy of Engineering; Sonja Gibbs, managing director and head of Sustainable Finance, Global Policy Initiatives, Institute of International Finance; Wang Shi, Founder of China Vanke; Tracy R. Wolstencroft, former president and CEO of the National Geographic Society; and Simon Zadek, principal of Project Catalyst, United Nations Development Program.

“This award is designed to promote solutions that address the urgent challenges of ecological degradation and biodiversity loss,” said Henry M. Paulson, Jr., Chairman of the Paulson Institute and former US Treasury Secretary. “We want to inspire governments, businesses and citizens to be good stewards of nature by valuing and investing in the conservation and restoration of China’s natural heritage and chart a better course for our planet.”

“We are honored to receive the excellence award of this year’s Paulson Prize for Sustainability, and have the opportunity to communicate with international and Chinese experts and leaders in this area,” said Jerry Duan, head of the Green Stream Initiative at JD. “With increasing recognition and influence of the Green Stream Initiative in China’s e-commerce and logistics industries and beyond, we hope to engage with more partners in this innovation-driven environment protection effort.”

JD Logistics (JDL)’s Green Stream Team at the virtual award ceremony 

JD.com, as China’s largest retailer and a leading logistics provider, is pioneering the ecosystem approach to green supply chain management in China. Under the “Green Stream Initiative” which was jointly initiated by JD and its partners, including P&G, Nestle, Lego, Unilever, WWF, and more in 2017, a number of decarbonizing actions have been implemented throughout the supply chain, covering multiple stages of packaging, warehousing, transportation and more.

To date, this program has distributed recyclable delivery boxes in nearly 30 cities in China, which have been used over 16 million times. JD also uses over 8,000 new-energy vehicles in approximately 40 cities. During the past Singles Day Grand Promotion period (November 1st -November 11th), the Green Stream Initiative helped reduce packaging waste by 100,000 tons.

At the same time, JD launched the Green Packaging Alliance and China’s E-commerce & Logistics Packaging Standards Alliance, which developed the industry’s first packaging standards and is playing an important role in promoting the industry’s environmentally-friendly development.

JD Logistics (JDL) is China’s first logistics company to join the Science Based Targets initiative (SBTi), an ambitious global campaign aimed at driving corporate action on climate change. It is committed to reduce 50% carbon emissions by 2030 (starting from 2019). The target was approved and listed on SBTi’s official website on November 12th, 2020.

 

(vivian.yang@jd.com)

 

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