Xiaomi Corp-B is a Chinese multinational technology company that specializes in the design, development, and sale of smartphones, mobile apps, laptops, home appliances, and other consumer electronics. Founded in 2010, the company has grown rapidly to become one of the leading smartphone manufacturers in the world, with a market share of over 10% as of 2021.

As a company that operates in the mobile phone sector, Xiaomi is acutely aware of the impact that its operations have on the environment. The company has made a commitment to decarbonization, which involves reducing its carbon footprint and transitioning to renewable energy sources. This commitment is reflected in Xiaomi's corporate energy strategy, which is focused on reducing its energy consumption and increasing its use of renewable energy.

One of the key ways that Xiaomi is working towards decarbonization is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a contract between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy over a specified period of time. By entering into these agreements, Xiaomi is able to support the development of renewable energy projects and reduce its reliance on fossil fuels.

In 2020, Xiaomi signed a corporate PPA with a wind power project in Inner Mongolia, which will provide the company with 400 million kilowatt-hours of renewable energy over the next 20 years. This is equivalent to the annual electricity consumption of over 200,000 households, and will help Xiaomi to reduce its carbon emissions by over 200,000 tons per year.

Xiaomi is also investing in its own renewable energy projects, such as solar power plants and wind farms. In 2020, the company announced that it would invest $10 billion over the next decade to develop its own renewable energy projects, with the goal of achieving carbon neutrality by 2040. This investment will not only help Xiaomi to reduce its carbon footprint, but will also create new jobs and support the development of the renewable energy industry in China.

In addition to its efforts to reduce its carbon footprint, Xiaomi is also committed to improving the energy efficiency of its products. The company has set a target of reducing the energy consumption of its smartphones by 50% by 2025, compared to its 2018 baseline. This will be achieved through the use of more energy-efficient components, as well as software optimizations that reduce power consumption.

Xiaomi is also working to improve the sustainability of its supply chain. The company has established a supplier code of conduct that requires its suppliers to comply with environmental regulations and to implement sustainable practices. Xiaomi also conducts regular audits of its suppliers to ensure compliance with these standards.

Overall, Xiaomi is a company that is committed to sustainability and decarbonization. Through its use of corporate PPAs, investment in renewable energy projects, and efforts to improve the energy efficiency of its products, Xiaomi is taking concrete steps towards reducing its carbon footprint and supporting the transition to a low-carbon economy. As the company continues to grow and expand its operations, it will be important for it to maintain this commitment to sustainability and to continue to innovate in the areas of renewable energy and energy efficiency.