Giant Group | ESG Strategy | Innovating a clean future

Innovating a clean future
The challenge

Data from trusted sources like the IPCC and UNEP reports reveal the dire state of the climate crisis. Human activities have already driven global warming beyond 1.1°C above pre-industrial levels, causing rapid changes in the atmosphere, oceans, cryosphere, and biosphere. Unfortunately, current efforts fall far short of limiting global warming to safe levels, and we are projected to reach a temperature rise of 2.4°C to 2.6°C by the century's end. To tackle this pressing challenge, we need a transformative and holistic approach. Urgent action is required to transition to a fossil fuel-free economy and cut greenhouse gas emissions by at least 45% to limit global warming to 1.5°C. This entails rapid changes across electricity, industry, transportation, buildings, and food systems. Protecting natural ecosystems, adopting sustainable diets, improving farming practices, and decarbonizing supply chains are vital components of the solution. Addressing climate change demands collective efforts from governments, businesses, communities, and individuals worldwide. We must overhaul our economic and societal systems, prioritizing sustainability and reducing reliance on carbon-intensive activities. International cooperation, accessible financial resources, and inclusive governance are crucial for supporting vulnerable regions and communities. Tackling climate change is an urgent and shared responsibility. It necessitates immediate and ambitious action to reduce greenhouse gas emissions, safeguard vulnerable ecosystems, and foster resilient communities. By uniting our efforts, we can strive to mitigate the severe impacts of climate change and ensure a sustainable and livable future for generations to come.

Our goal

Decrease our company's GHG emissions and overall carbon footprints while increasing the public's adoption of sustainable mobility.

  • SDGs_07
  • SDGs_12
  • SDGs_13
  • SDGs_17
The challenge

Data from trusted sources like the IPCC and UNEP reports reveal the dire state of the climate crisis. Human activities have already driven global warming beyond 1.1°C above pre-industrial levels, causing rapid changes in the atmosphere, oceans, cryosphere, and biosphere. Unfortunately, current efforts fall far short of limiting global warming to safe levels, and we are projected to reach a temperature rise of 2.4°C to 2.6°C by the century's end. To tackle this pressing challenge, we need a transformative and holistic approach. Urgent action is required to transition to a fossil fuel-free economy and cut greenhouse gas emissions by at least 45% to limit global warming to 1.5°C. This entails rapid changes across electricity, industry, transportation, buildings, and food systems. Protecting natural ecosystems, adopting sustainable diets, improving farming practices, and decarbonizing supply chains are vital components of the solution. Addressing climate change demands collective efforts from governments, businesses, communities, and individuals worldwide. We must overhaul our economic and societal systems, prioritizing sustainability and reducing reliance on carbon-intensive activities. International cooperation, accessible financial resources, and inclusive governance are crucial for supporting vulnerable regions and communities. Tackling climate change is an urgent and shared responsibility. It necessitates immediate and ambitious action to reduce greenhouse gas emissions, safeguard vulnerable ecosystems, and foster resilient communities. By uniting our efforts, we can strive to mitigate the severe impacts of climate change and ensure a sustainable and livable future for generations to come.

Source :
https://www.ipcc.ch/report/ar6/syr/resources/spm-headline-statements/%20news.un.org/en/story/2022/10/1129912

Our focus areas

  • Green Production
    Green Production
1/4

We are reimagining our production processes to reduce carbon emissions, rapidly adopting renewable energy throughout our ecosystem, and finding new ways to increase efficiency from logistics to constructing “green buildings.”

Green Production
  • Now
    An entire ecosystem. Verified green.

    We implemented various measures to reduce the environmental impact in our factories. To increase the use of renewable energy, we built solar photovoltaic equipment in four factories, resulting in a 26% increase in renewable energy. We have also developed a greenhouse gas reduction plan that includes process optimization and behavioral management to save energy. Additionally, each manufacturing site created a water monitoring system to manage water resources.

  • Future
    Production.
Reimagined.

    We continuously work towards reducing our carbon footprint and increasing efficiency through our innovative production processes. As part of our sustainability commitment, we aim to use 15% of renewable energy by 2030. In addition, we are working to reduce our water usage by 30% by 2030 and using water-based paint in 88% of our product's coating by 2030.

We are holding our supply chain accountable to establish our sustainable supply chain alliance. Giant Group works closely with our partners to reduce emissions and setting standards for our overall carbon footprint.

Sustainable Supply Chain
  • Now
    Allied for sustainability

    Through our Bicycling Alliance for Sustainability (BAS), we gathered industry leaders on World Bicycle Day 2022. The Goal? To create a coalition for the industry to interact, share ideas, and develop new initiatives to help the bicycle industry move toward more sustainable production practices.

  • Future
    End-to-end. Sustainably.

    Giant Group collaborates with key suppliers to disclose their Carbon Inventory and track carbon emissions of provided parts/components. This fosters sustainability awareness and capabilities, aiming for mutual benefits and a promising future.

Promoting sustainable transportation is crucial in reducing carbon impact. Recognizing that 80% of the world's population has yet to ride a bicycle, we actively encourage people to embrace cycling as a low-carbon solution. Our commitment to developing innovative and energy-efficient e-bikes supports urban micro-mobility and promotes the adoption of cycling for a greener future.

Eco-Mobility
  • Now
    More than half a billion rides

    Enough to circle the earth 36,000 times, YouBike is the green way to commute, with 1.464 billion kilometers over 589 million rides. Our YouBike initiative has reduced carbon emissions by 333,406 tons — equal to 65 Central Parks!

  • Future
    Revving up with Youbike 2.0e

    Eco-mobility is set to revolutionize the way we travel. Our e-bike sharing YouBike 2.0e's will provide commuters with greater ease and convenience when using bicycles for commuting. Meanwhile, the Internet of Bicycles (IoB) development has brought about a new era of smart riding experiences, integrating people, vehicles, stores, and online platforms for a seamless consumer experience. ​

We are advocates for combating climate change to promote education. Giant Group uplifts local communities and furthers research on climate-related issues with local institutions.

Environmental Activism
  • Now
    Sustainability comes from within

    Starting with our employees, we’ve launched various events and Initiatives – like the “G' Day Employee's Day Event” and the “Sustainable 22- Micro Eco Actions” - to enable our internal teams to embody sustainability in everything we do.

  • Future
    Advocating for a shared future

    Educating our communities is crucial in the fight against climate change. We're committed to climate education and advocating for sustainable practices. Our goal is to reach people with our message of environmental responsibility. In addition, we're encouraging our employees to volunteer towards climate action initiatives and to log their personal cycling mileage as a symbol of our commitment.

Our stories
Sustainable 22 Carbon-Reduction Initiative
  • Environmental Activism
Sustainable 22 Carbon-Reduction Initiative
Discover other topics
See how we implement our sustainability strategy
Loading...