- HKEX meets its carbon neutrality goal across all global operations by year-end 2024.
- Approximately 99% of HKEX’s global office and facility electricity now comes from renewable sources.
- HKEX invested in 55,000 tonnes of carbon credits through its Core Climate marketplace.
Hong Kong Exchanges and Clearing Limited (HKEX) announced achieving carbon neutrality across its global operations by the end of 2024, marking a key milestone in its climate action strategy.
Paul Chow, HKEX Group Chief Sustainability Officer, emphasized the significance of this achievement:
“We are delighted as a Group to have achieved carbon neutrality in 2024, fulfilling our pledge in the world’s ongoing sustainability journey. This sets an important example for Hong Kong’s broader listed issuer community. But whilst we have made progress, this represents just the beginning of our work towards achieving net zero, not just for HKEX, but for our communities.”
To achieve neutrality, HKEX sourced approximately 99% of electricity from renewable sources, either through direct renewable electricity purchases or renewable energy certificates.
Additionally, HKEX offset residual emissions by investing in high-quality carbon credits—totaling around 55,000 tonnes—from afforestation and revegetation projects in Mainland China through its Core Climate marketplace.
Chow added:
“HKEX remains steadfast in its commitment to continue strengthening its sustainability initiatives, including further decarbonisation of our operations, expanding renewable energy adoption, and fostering partnerships to drive systemic change. Together, we will create a resilient, low-carbon future for the benefit of our future generations.”
HKEX continues leading efforts in sustainability markets through strategic initiatives such as Core Climate—the first marketplace facilitating voluntary carbon credits traded in Hong Kong Dollars and Renminbi.
HKEX has also set ambitious targets, aiming for net-zero emissions by 2040 and aligning with the Paris Agreement’s 1.5°C goal, alongside implementing ISSB-aligned climate disclosures starting in 2025.
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