Carbon Finance
In the context of the global trend of green and low-carbon transformation and the historical process of carbon peaking and carbon neutrality, enterprises play an important role in implementing low-carbon strategies. Construction industry carbon emissions account for 40% of the global total and 50% of China’s total. As a leading construction company, our transition to a low-carbon economy presents both challenges and opportunities. Although it faces an increasingly strict regulatory environment and the gradual expansion of carbon pricing mechanisms, it also has significant opportunities to reduce energy costs, expand business models, and enhance corporate competitiveness. To achieve a successful transformation towards a low-carbon economy, the Group has been laying out its strategy since the early stage, researching market trends, investing resources to better respond to changes and promote the development of low-carbon products, gradually establishing carbon strategies that are consistent with the company’s vision, business goals, and values, and advancing step by step towards the goal of carbon neutrality, from scientifically assessing its own carbon emissions, strengthening carbon data management, to research and development and promotion of low-carbon technologies, and actively participating in the carbon market.
The Group actively seizes the opportunity in the nascent carbon finance markets in Mainland China and Hong Kong. It foresees that many new financing opportunities will be created in the future, including emission rights trading, carbon financial derivatives, carbon futures, and carbon pledge financing. The Group will allocate resources to develop and manage carbon assets. Currently, the Group has taken the lead with the O·PARK2 project, exploring the feasibility of developing carbon assets in green buildings and during the construction period, and made the first carbon asset transaction with the purpose of carbon emission offset on Core Climate, an international carbon trading platform of Hong Kong Stock Exchange for physical economy enterprises to participate in the Hong Kong carbon market. The Group is actively researching internal carbon pricing to increase emission reduction motivation, reduce carbon emission costs, and create more potential carbon asset development projects.
