Published on Mar 15, 2021 Ant Group, Alibaba’s sister unit – and the company behind the e-wallet Alipay – has laid out a blueprint to reach “net zero” in carbon output by 2030. To reach that target, the company plans to set up a carbon-neutrality fund, which will finance the research and development of renewable technologies and other innovations to curb climate change. It will also explore ways to apply its proprietary technologies to climate efforts, including leveraging its blockchain solutions to record and track its carbon-reduction progress. Ant said it will step up measures to reduce emissions across its campuses, as well as ensure that future workspaces would be built to meet widely recognized green-architecture standards. The plan includes introducing more environmentally responsible guidelines for its sourcing and supply-chain management, including promoting the use of low-carbon technologies to power its facilities.