China Conch Venture Holdings Limited, an industry leader in energy conservation and environmental protection solutions, has received dual recognition at the Asia Responsible Enterprise Awards (AREA) 2024 China Chapter, winning accolades under the Green Leadership and Circular Economy Leadership categories. These awards reflect the company’s commitment to sustainability, achieving carbon peaking and carbon neutrality through innovative practices in waste management and resource recycling.
The Green Leadership Award recognizes Conch Venture’s advancements in municipal solid waste management. By developing cutting-edge grate furnace technology, the company transforms waste into energy, addressing environmental and social challenges associated with urban waste.
Its “urban energy conversion stations” approach integrates waste processing with the generation of thermal energy, creating a sustainable model that balances social, environmental, and corporate governance principles. By the end of 2023, Conch Venture operated 101 waste-to-energy projects in China and overseas, processing 17.18 million tons annually and solidifying its leadership in the sector.
The Circular Economy Leadership Award highlights Conch Venture’s achievements in lithium battery recycling. At its Wuhu facility, the company employs proprietary high-temperature, low-oxygen heat source of cement kilns to extract valuable metals from waste lithium batteries efficiently and with minimal environmental impact. With nine projects launched and 16 patents secured, the company is driving sustainable manufacturing and resource regeneration while being recognized as a white-listed enterprise by China’s Ministry of Industry and Information Technology.
China Conch Venture Holdings’ dual accolades at AREA 2024 underscore its unwavering dedication to sustainable development and circular economy models. As the company expands its waste-to-energy and battery recycling capacities in the coming years, it continues to champion green innovation and set new benchmarks for environmental and social responsibility.
Through its innovative approaches, the company not only addresses critical environmental challenges, but also demonstrates how sustainability can serve as a strategic imperative for businesses and communities alike, championing a brighter, more sustainable future.
About Enterprise Asia
Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs, and other organizations to promote competitiveness and entrepreneurial development, uplifting the economic status of people across Asia and ensuring a legacy of hope, innovation, and courage for future generations. Please visit https://www.enterpriseasia.org/ for more information.
About Asia Responsible Enterprise Awards (AREA)
The Asia Responsible Enterprise Awards program recognizes and honors Asian businesses for championing sustainable and responsible entrepreneurship in the categories of Green Leadership, Investment in People, Health Promotion, Social Empowerment, Corporate Governance, Circular Economy Leadership, Corporate Sustainability Reporting, and Responsible Business Leadership. For more information, visit https://enterpriseasia.org/area/.
