Green Companies as the Main Player in a New Business Culture

2011 Annual Summit of Green Companies held in Qingdao

May 26, 2011, 10:00 ET from China Entrepreneur Club

BEIJING, May 26, 2011 /PRNewswire-Asia/ -- On April 21 and 22, the China Entrepreneur Club and the Qingdao Municipal Government hosted the 2011 Annual Summit of Green Companies and the Announcement of China's Top 100 Green Companies in Qingdao.

Over 600 domestic and international political dignitaries, entrepreneurs, leading scholars and NGO representatives attended this year's summit. Some of the guests included Zheng Bijian, President of the China Institute for Innovation and Development Strategy; Li Qun, Member of the Standing Committee of the CPC Shandong Provincial Committee and Secretary of the CPC Qingdao Municipal Committee; Georg Kell, Executive Director of the United Nations Global Compact; Liu Chuanzhi, Chairman of the China Entrepreneur Club, and Chairman and President of Legend Holdings Ltd; Yao Jingyuan, former Chief Economist of the National Bureau of Statistics of China; Wu Jianmin, Vice President of the China Institute for Innovation and Development Strategy; Zhang Ruimin, Chairman and CEO of Haier Group; Jack Ma, Chairman and CEO of Alibaba Group; Guo Guangchang, Chairman of Fosun High Technology (Group) Co Ltd; and Xu Xiaonian, Professor of Economics and Finance at the China Europe International Business School.

The theme of this year's summit was "Responsibility and Innovation in a Shifting World – Our Solution". The participants discussed how enterprises can make smart strategic decisions, build a new business culture through new leadership and innovation, and achieve more responsible business growth in an age of growing economic, political, social and environmental uncertainties, and increasingly frequent small- and large-scale conflicts.

Li Qun, Liu Chuanzhi and Georg Kell delivered opening speeches revolving around the theme of the summit, and Zheng Bijian, Zhang Ruimin, Yao Jingyuan, Zhang Yuyan and Wu Jianmin presented their thoughts through keynote speeches at the opening and closing ceremony.

The Plenary Session fell under the theme of "Global Shifts: Pioneers' Responsibilities and Innovations". Liu Chuanzhi; Wang Yusuo, Chairman of ENN Group; Charles Chao, CEO and President of SINA Corporation; Wang Wenjing, Chairman and CEO of UFIDA Software Co., Ltd.; Markus Ederer, Head of the EU Delegation to China; Johnny Kwan, Chairman of BASF Greater China; Chen Jinya, President of Alcoa Asia-Pacific; and Li Junfeng, Deputy Director of the Energy Research Institute at the National Development and Reform Commission, all engaged in insightful discussions.

In addition to debates on values for a new business culture, the summit gave particular focus to innovative solutions through the Case Study Panels. By illustrating their corporate innovative practices, Jack Ma; Guo Guangchang, Chairman of Fosun High Technology (Group) Co., Ltd.; Jin Zhiguo, Chairman of Tsingtao Brewery Co., Ltd.; and Liu Jiren, Chairman and CEO of Neusoft Corporation, presented new ideas, systems and approaches to topics in line with the theme of the summit, such as corporate values, information technology, using investment to improve the business ecosystem, and developing a circular economy.

After the welcome dinner, the summit went on to the "Feast of Ideas" under the theme of "Interpreting Global Shifts". Ten high-level speakers from the corporate, political and academic sector, including Wu Jianmin; Feng Lun, Chairman of Vantone Holdings Co Ltd; Yu Minhong, Chairman and CEO of New Oriental Education and Technology Group; Ted Dean, Chairman of the American Chamber of Commerce in China; and Sebastian Wood, British Ambassador to China, presented their views and understandings of global changes in concise ten-minute speeches.

On the second day, the summit revealed "China's Top 100 Green Companies", the first cross-sectoral green ranking in China that provides a comprehensive evaluation of enterprises' performance in sustainable development. The ranking is compiled by the Daonong Centre for Enterprises and the Green Herald magazine. It explores enterprises' sustainable competitiveness, finds approaches to sustainability and encourages China's companies to lead the country's economic transformation via green innovation. It also aims to translate benchmark case studies into wider, collective actions to promote the sustainable development of China's corporate sector.

The results of the Corporate Green Accounting Programme Report were also released on the 22nd. The objective of this programme is to reveal companies' performance in economic, environmental and social sustainable development, and to provide statistical support and constructive feedback for growth strategies of businesses.

Building on the public welfare actions of the previous summits, including "No Shark-fin Buying, No Sharks Killing" and "Green Our Homeland", this year's summit launched the "Save Our Water" initiative to encourage the corporate sector and the public to save water, reduce pollution and protect water resources. The renowned violinist Lu Siqing from Qingdao closed the evening with a special concert dedicated to the initiative.

The Annual Summit of Green Companies was established by the China Entrepreneur Club on Earth Day, April 22, 2008. It is the first cross-sectoral, international conference for entrepreneurs in China that focuses on sustainable business development. Many people regard the summit as a multi-faceted, top-level, innovative international event on green development in China.

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Amy Zhang

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Liu Ya

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SOURCE China Entrepreneur Club