By-Product Synergy featured in Sustainable Brands Article
This project methodology is being introduced around the world. In May 2012, the US BCSD and the China Business Council for Sustainable Development initiated a BPS project in Hebei Province in northeast China. The Hebei BPS project is modeled after the US BCSD’s network of successful projects in regions across the United States and will address several objectives of China’s 12th Five-Year Plan. Those include a 16 percent reduction in energy use per unit of GDP, a 17 percent reduction of CO2 emissions per unit of GDP, and an 8 percent absolute reduction in sulfur dioxide and organic water pollutants. Three to four dozen Chinese companies will be invited to join this network and are expected to produce synergies valued at US$5 million to $10 million in new revenues, savings and investments in 2013.