GF SEC(01776) is allowed to participate in carbon emission rights trading in domestic legal trading venues.

date
24/12/2024
avatar
GMT Eight
GF SEC (01776) announced that the company recently received a reply from the China Securities Regulatory Commission on the company's participation in carbon emission trading (institutional letter [2024] 2250). According to relevant regulations and the requirements of the reply, the company's own business can participate in carbon emission trading in domestic legal trading venues, with the goal of serving the real economy, reducing the overall cost of emission reduction for the entire society, and promoting the transition and upgrade of the economy towards a green and low-carbon direction. The company will conduct its business in compliance with regulations and prudence, incorporate related business into a comprehensive risk management system, and establish internal controls and risk management mechanisms for participating in carbon emission trading.

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