Market
09
Dec
2024
min read

Xiaomi unveils green innovation strategy at COP29 for sustainable development

Smartphone manufacturer, and more, Xiaomi Corporation has introduced its sustainable development strategy at COP29, the United Nations Climate Change Conference, leveraging its core technologies. As a big consumer electronics company with a focus on smartphones and IoT-connected smart hardware, Xiaomi presented the latest advancements in carbon management. Among all Chinese smartphone manufacturers, Xiaomi appears to be the most advanced in setting and achieving sustainable, eco-friendly, and environmental goals.

Driving sustainable development

Alain Lam Sai-wai, Xiaomi's Vice President and CFO, spoke at COP29, detailing Xiaomi's sustainability goals. He emphasized Xiaomi’s commitment to making AI accessible, pursuing ecosystem-wide sustainable development, and taking responsibility for core technologies. Lam outlined Xiaomi's mission to offer consumers a sustainable, smart lifestyle powered by core technologies and AI innovation. He noted that smart production, AI innovation, and new retail models within the ecosystem have enhanced Xiaomi’s operational efficiency, streamlined the supply chain, and optimized resource and energy consumption.

Long-term vision for sustainable development

Xiaomi’s core technology strategy focuses on long-term investment in innovations benefiting humanity. ESG practices are integral to Xiaomi’s future, balancing short-term gains with environmental and social responsibility. Xiaomi is committed to advancing technology, prioritizing carbon neutrality, enhancing energy efficiency, and promoting clean energy practices. Xiaomi aims to lead the low-carbon transformation of the entire value chain, offering greener, smarter, and more sustainable products and services.

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