Measures help peach farmers reduce losses from natural disasters and increase revenue per mu by RMB1,200
SHANGHAI, CHINA – Media OutReach Newswire – 12 December 2023 – Freshippo, Alibaba Group’s digital intelligence-powered new retail company, attended the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) and contributed a speech at the COP28 China Corner’s Side Event, showcasing its climate resilience measures and proactive actions to mitigate the impacts of climate change.
Freshippo attended COP28. Shen Li, Co-founder and Head of Sustainable Development at Freshippo, gives a speech at the COP28 China Corner’s Side Event
Freshippo has been leveraging digital technology and its new retail capabilities to address the effects of climate change. The company has developed scenario-based approaches to tackle different agricultural challenges, such as types of seeds, agricultural technology, plant protection, harvesting and transportation. Furthermore, Freshippo has established three agricultural methodologies to support climate adaptation. Firstly, selecting suitable species based on climate conditions to help agricultural enterprises build climate resilience through contract farming. Secondly, through climate disaster adaptive procurement, providing rapid response and maximum assistance to farmers to minimize their losses. Finally, implementing climate disaster adaptive agriculture, which will support contract farmers to resume production following climate disasters.
Shen Li, Co-founder and Head of Sustainable Development at Freshippo, gave a speech at the COP28 China Corner’s Side Event and said, “Climate change is a shared global challenge, and enhancing climate resilience and the consensus in the agriculture, industrial and retail sectors is our collective responsibility. Agriculture will continue to be heavily impacted by climate change, making it the common mission of global agriculture practitioners to address climate resilience in agriculture. We have explored various ways to enhance the climate resilience of agriculture sector and industry through practical experience. Freshippo is committed to leveraging the advantages of a retail enterprise to promote better climate consensus among the public, using products as a vehicle for climate education and helping consumers develop climate awareness in their daily lives.”
Freshippo highlighted a number of cases of climate adaptation at the event. For example, several peach farms in Beijing were unexpectedly hit by a hailstorm in 2022, resulting in direct economic losses of over RMB6 million. In response, Freshippo graded visually damaged peaches as “hail-damaged peaches” and processed those peaches into freeze-dried peach crisps. This initiative helped farmers sell the hail-damaged peaches, reducing waste by 200 kilograms per mu. Additionally, it enabled peach farmers to increase their income by RMB1,200 per mu.
Freshippo has also been working to overcome the extreme effects of the hot climate by opening up a 200-mu Freshippo desert organic base in the Ulan Buh Desert in Inner Mongolia. Last year, it harvested 400,000 pumpkins, providing consumers with delicious and safe agricultural produce. The area of pumpkin fields has expanded to 1,000 mu this year. The growth of each pumpkin can help prevent water and soil erosion affecting about 43 square feet of surrounding soil, benefiting the local climate and environment.
Freshippo also showcased the zero-carbon elephant honey it began to produce with the International Fund for Animal Welfare (IFAW) in March this year. The project aims to train villagers in the Xishuangbanna region of Yunnan Province to keep bees and collect and sell their honey, thus reducing the impact on Asian elephants caused by farmers cutting rubber in the mountains, and minimizing conflict between human beings and the elephants. By using solar water heaters, installing photovoltaic systems, and planting eco-friendly economic crops, the carbon footprint of the honey production is also being fully offset. In addition, Freshippo will donate RMB10 from the sale of each bottle of honey to support the sustainable development of local communities.
Freshippo’s practices received positive feedback from many participants. Zhou Fei, Chief Programme Officer of WWF-China said, “The agriculture industry plays an important role in carbon reduction as it is the industry most affected by climate change. The cases shared by Freshippo have brought greater attention to the industry’s adaptability to climate change issues. The WWF was pleased to see Freshippo’s measures to address climate change and enhance agricultural climate resilience during the COP28 China Corner’s Side Event. Climate change is a shared challenge for all humanity, and we hope that more and more businesses will agree on this consensus.” Fu Xiaotian, China Food and Natural Resources Program Director of World Resources Institute said, “Climate change poses enormous challenges to global agriculture, and it is urgent that the food system is the sustainable transformed. Freshippo is also an important partner in our research into improving agricultural climate adaptation. We hope to work together with Freshippo to help agricultural practitioners worldwide explore agricultural climate adaptation.” Dr. Jimmiel Mandima, Vice President of Global Programs with IFAW said, “As the first zero-carbon honey produced in China for the conservation of wild Asian elephants, Freshippo is helping to connect elephants, local community members, and the whole society to address climate change. This initiative provides an innovative and sustainable solution, nurturing a sense of responsibility for climate change among individuals. The influence could go far beyond.” Hashtag: #Freshippo
The issuer is solely responsible for the content of this announcement.
Freshippo
Freshippo is Alibaba Group’s digital intelligence-powered new retail company. Headquartered in Shanghai, Freshippo operates more than 350 stores across 28 cities in mainland China.
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
MGBF founding chairman Nordin Abdullah and UMW Toyota president Datuk Ravindran K. will delve into the convergence of automotive innovation and environmental sustainability in Penang, Sarawak, Johor and Pahang.
Hosted by menumiz™ – an end-to-end restaurant management system – this roundtable will feature a case study presentation and a panel session to discuss the latest digital trends, challenges, and opportunities within the food and beverage sector.
In this episode of 'A Working Lunch with Nordin', MGBF's founding chairman, Nordin Abdullah, will host this discussion focusing on the biggest threats and opportunities for businesses as we look to manage change in the South China Sea.
This MGBF Roundtable will focus on regional food security issues and trends in the regional supply chain, and trade regulations and policies, including a new geopolitical tool i.e., weaponisation of supply chains.
News provided by Emjay Communications Malaysia and China commemorated a historic milestone of 50 years of diplomatic relations with a grand celebration at Sunway Velocity Mall on the 10th of August 2024. The event, themed “Hi China: Discovering China Opportunities and Celebrating 50 Years of China-Malaysia Relationship,” aimed to deepen […]
Planet QEOS, KIS BlOCNG San Bhd, and the Sarawak Land Consolidation and Rehabilitation Authority (SALCRA) have officially signed a tripartite memorandum of understanding (MoU) to establish a collaborative framework aimed at producing bio-hydrogen via the Steam Biomethane Reforming (SBMR) Process. The MoU was signed by Planet QEOS executive chairman Dino […]
Planet QEOS and China Machinery Engineering Corporation (CMEC) are interested in investing RM10 billion to co-develop advanced Megawatt peak (MWp) agrovoltaic in Baram, to further boost Sarawak’s green energy initiative and food security. Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg was briefed on Friday by both the […]
Last week SPM results came out, 373,974 aspirants who have been waiting patiently over the last few months would now know their fate. Some 10,109 have received all A’s, the golden standard of academic success and the ticket to those looking to study the “more advanced” subjects in university. Proudly, […]
The classic knee-jerk reaction is to say, fire the coach, change the leadership of associations, and reduce the funding till they start performing better. This kind of negative reinforcement may work for kindergarten children, but we are dealing with high-performance adults – individuals much further along in their psychological and […]
Since its earliest tea plantations in 1929, Cameron Highlands has grown to become a key player in the agricultural landscape of Malaysia, producing 40 per cent of all vegetables grown. Despite Malaysia shifting its economic focus away from agriculture, the industry remains imperative for food security and the livelihoods of […]
Although at first glance the travel industry and the agricultural sector appear to have nothing in common, they actually share more than meets the eye. The economic benefits of tourism to the agricultural sector can be multiplied several times over. “Tourism brings the end consumers closer to the source, which […]
The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang. The MP’s Special Session […]
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
Malaysia Global Business Forum (MGBF) has moved to support the creative economy as the overall economy moves into a recovery phase following the COVID19 pandemic. As a step in the direction of normalcy, the MGBF has agreed to host the art exhibition “I Know You’re Somewhere So Far” by one […]
Congratulations to Datuk Seri Ismail Sabri Yaakob for taking up the mantle of the ninth prime minister of Malaysia. There is nothing normal about the situation; it could not have been scripted but it has kept the spectrum of media, mainstream and social, gripped. The first order of business for […]
In a stirring speech to the nation, President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46th president of the United State of America, it signaled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]