HKEX's Charles Li: Companies' interest and involvement in the international carbon market platform Core Climate are gradually increasing.

On March 17th, the Chief Sustainable Development Officer of the Hong Kong Stock Exchange (HKEX), Kelvin Wong, published an article on the official HKEX public account stating that the Hong Kong government is committed to achieving carbon neutrality by 2050, with businesses playing an important role in this. Companies can offset their unavoidable carbon emissions by purchasing carbon credits. The carbon market plays a crucial role in achieving carbon neutrality and net-zero emissions goals. The HKEX's international carbon market platform, Core Climate, provides high-quality carbon credit products, and there is a growing interest and participation from businesses in this platform. Hong Kong is actively developing a sustainable development roadmap for businesses and strengthening sustainability reporting to align with international markets. HKEX is dedicated to assisting in achieving this goal and realizing the vision of sustainable finance. The article emphasizes the importance of businesses leading climate action and highlights the strategies needed to achieve green transformation. It also discusses HKEX's own achievements in carbon neutrality and its commitment to further reducing emissions by 2040. The article stresses the need for businesses to understand their supply chain, set achievable emission reduction targets, and be flexible in adopting new technologies and methods to reduce carbon emissions. The article also recommends utilizing carbon markets, such as HKEX's Core Climate platform, to offset unavoidable emissions and achieve carbon neutrality goals. The article concludes by urging businesses to take action now to address climate change and ensure a sustainable future.