APCO Worldwide LLC
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Energy and Sustainability
- Technological Self-Reliance
- Financial Stability
- Green Development
- Digital Economy
Environmental Achievements
- Savings made through volume-based procurement (VBP) for medicines and devices
- Accelerating green transformation of life and production via the platform economy and digital solutions
Social Achievements
- Creating 12 million new urban jobs
- Improving access to health care services in rural areas
- Easing burdens related to childbirth, childbearing and education
Governance Achievements
- Establishment of the National Financial Regulatory Administration (NFRA) to consolidate oversight of the financial industry
- Restructuring of the Ministry of Science and Technology to prioritize strategic planning for technological innovation
- Establishment of a national data bureau to coordinate digital strategies and development
Climate Goals & Targets
Medium-term Goals:
- Build 10,000 5G-empowered factories by 2025
Short-term Goals:
- Create 12 million new urban jobs in 2023
Environmental Challenges
- Global and domestic economic challenges, including inflation and faltering demand
- Protracted real estate slowdown and dwindling business confidence
- Shrinking population and aging workforce
- Rising geopolitical tensions and decoupling pressures
- Local government debt
- Declining birth rate
Mitigation Strategies
- Policies to revive and expand consumption, mitigate financial risks and boost business confidence
- Relaxing real estate financing and increasing housing transactions
- Reducing financial risks related to local government debt
- Targeted policies to ease burdens related to childbirth, childbearing and education
- Deepening the integration of the rural population into the urban labor force
- Strengthening support for major foreign investments in technology