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Hong Kong Exchanges and Clearing (0388) said it has achieved its carbon neutrality goal at the end of 2024, underscoring the bourse’s commitment to advancing the global net-zero transition.
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HKEX said it has launched various initiatives including enhancing energy efficiency, adopting a low-carbon procurement approach and investing in high-quality carbon projects, since it unveiled the goal.
The local bourse operator said its progress represents the beginning of work toward achieving net zero, adding it will continue strengthening its sustainability initiatives, including further operation decarbonization.
As of the end of 2024, around 99 percent of the total floor space across HKEX's offices and facilities worldwide has been powered by electricity from renewable sources, the company said.
In addition, HKEX has invested in quality carbon credits generated from afforestation and revegetation projects in the mainland through its marketplace platform Core Climate to cover its remaining emissions.
Around 55,000 tonnes of carbon credits were applied toward HKEX's carbon neutrality last year.
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Around 99 percent of HKEX's offices worldwide has been powered by renewable energy since the end of 2024, the company said. SING TAO
