State Grid Corporation of China: Empowering global green and low-carbon transition with intelligent power solutions

—Winner of Social Contribution under the 2024 World Internet Conference Distinguished Contribution Award for Enterprises

The State Grid Corporation of China (SGCC) is the largest utility company in the world and a globally influential innovator in the energy sector. It has ranked number one in the Brand Finance Utilities 50 for seven years running and is currently ranked 12th in the Brand Finance Global 500.

SGCC was recognized with the 2024 World Internet Conference (WIC) Distinguished Contribution Award for Enterprises for its outstanding efforts in advancing digital and intelligent power solutions that empower global green and low-carbon transition.

At the 2024 WIC Wuzhen Summit, SGCC showcased 34 comprehensive innovative achievements and nine cybersecurity innovations at the Light of the Internet Expo, demonstrating its progress in digital transformation, cybersecurity, and the development of new power systems. Among them, the Zhejiang Power Trading Center's green power consumption accounting application stood out. Built on State Grid chain, the largest public service platform of energy blockchain in China, the application verifies the origin of green certificates and ensures the authenticity and authority of the summit's green energy usage, enabling its organizers to prove their sustainability achievements. Notably, the country's first green conference power consumption accounting document was issued during the summit.

Following the realization of 100 percent green electricity supply for the summit last year, SGCC facilitated the acquisition of 510 green certificates for the Wuzhen Summit organizer this year, equivalent to over 500,000 kWh of green electricity. This ensured full coverage of green power supply before, during, and after the Wuzhen Summit, reducing carbon dioxide emissions by over 380 tons and achieving 100 percent  green power supply for the entire event.

SGCC reaffirmed its commitment to accelerating the adoption of clean energy, integrating electric power into everyday life, improving energy services for businesses, and contributing to the sustainable development of the economy and society.

The World Internet Conference launched its Distinguished Contribution Award in 2024 to recognize individuals and enterprises that have made outstanding contributions to the global internet sector. The first award ceremony was held at last year's Wuzhen Summit, where seven global leaders and 14 renowned companies were honored.

The award for enterprises is divided into three categories: Social Contribution, Innovation Breakthrough, and Growth Potential. The winners come from diverse sectors, including internet platforms, mobile communications, artificial intelligence, chip design, energy and power, and cybersecurity. The award paints a vibrant and prosperous picture of the global internet ecosystem, encouraging more excellent enterprises to contribute to the development of the internet industry and explore the infinite possibilities of the digital future.