HKEX reaches carbon neutrality in 2024 with renewables and carbon offsets

Hong Kong Exchanges and Clearing Limited (HKEX) achieved carbon neutrality across its global operations by the end of 2024, primarily through renewable energy adoption and carbon credit investments. Approximately 99% of HKEX’s electricity now comes from renewable sources, and the company offset 55,000 tonnes of residual emissions via its Core Climate marketplace.

Paul Chow, HKEX’s Chief Sustainability Officer, emphasized this as a key milestone but noted that it marks just the beginning of their journey toward net zero. HKEX aims for net-zero emissions by 2040, aligning with the Paris Agreement, and will implement ISSB-aligned climate disclosures from 2025. The company continues to lead sustainability efforts, including expanding renewables and driving systemic change.

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Source: ESG News

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