Advertisement

Tencent unseats Alibaba to top China’s Big Tech clean energy rankings for cloud providers, Greenpeace report says

  • Tencent ranked first on the latest Greenpeace renewable energy use rankings among China’s cloud services providers
  • Alibaba fell behind because of ‘poor transparency, limited renewable energy use and lack of carbon neutrality commitment’

Reading Time:4 minutes
Why you can trust SCMP
0
Internet giant Tencent Holdings’ cloud services business ranked first on Greenpeace East Asia’s latest renewable energy use rankings among China’s cloud providers. Photo: Barcroft Media via Getty Images
Tencent Holdings has unseated Alibaba Group Holding to lead China’s cloud providers in renewable power use, according to Greenpeace East Asia’s latest clean energy scorecard for the country’s Big Tech sector.

The report said 13 of China’s 22 biggest technology companies had begun to actively acquire renewable energy as of April this year, compared to just eight companies in 2019. Procurement mechanisms include construction of renewable energy infrastructure, investment in large-scale wind and solar projects, direct power purchase from markets and purchase of green power certificates.

“Over the past year, more Chinese companies have begun to procure renewable energy and to disclose greenhouse gas emissions data,” said Greenpeace East Asia climate and energy campaigner Ye Ruiqi, who indicated that the country’s internet sector remains primarily powered by coal energy.

Shenzhen-based Tencent, which runs the world’s largest video games business by revenue and China’s biggest social media operation with WeChat, ranked first on the clean energy scorecard among cloud providers because of its “overall progress”, according to Greenpeace. That included the firm’s positive record on transparency, increase in renewable energy procurement and recent pledge to work towards carbon neutrality.
Alibaba Cloud, a subsidiary of e-commerce giant Alibaba Group Holding, remained China’s largest cloud services provider in the fourth quarter of 2020, with a market share of 40.3 per cent. Photo: Bien Perez
Alibaba Cloud, a subsidiary of e-commerce giant Alibaba Group Holding, remained China’s largest cloud services provider in the fourth quarter of 2020, with a market share of 40.3 per cent. Photo: Bien Perez
E-commerce giant Alibaba, which owns the South China Morning Post, fell from first to fourth place in this year’s clean energy rankings for cloud providers, behind Tencent, Huawei Technologies Co and Baidu.
Advertisement