GTJAI ACHIEVES INAUGURAL CARBON NEUTRALITY AT OPERATIONAL LEVEL

KUALA LUMPUR, June 27 (Bernama) -- Guotai Junan International Holdings Limited (GTJAI), the market leader and first mover for internationalisation of Chinese Securities Company, has successfully achieved carbon neutrality at the operational level for the first time.

According to a statement, leveraging on its focus on climate change and environmental issues along with the comprehensive and efficient implementation of relevant measures, the company’s greenhouse gas (GHG) emissions and energy consumption have both decreased significantly in recent years.

The total GHG emissions from GTJAI’s operational level have been reduced for three consecutive years and it has successfully further offset the GHG emissions generated during its operation in 2022 by subscribing for the carbon assets of a Verified Carbon Standard (VCS) forestry project from Mainland China.

In recent years, GTJAI has been continuously improving its environmental, social and governance (ESG) management level. In particular, it has introduced a series of measures to address environmental and climate change risks.

GTJAI has set up relevant timetable, which includes plans to switch to clean fuel vehicles on demand, remove unnecessary high-carbon emission fire protection system in office, and properly control the temperature of air-conditioning in the office.

This time, the project subscribed by GTJAI is located in the counties of Qianbei District, Zunyi City, Guizhou Province, China, aiming to reduce GHG emissions by changing barren hills and land uses, as well as transform degraded land into sustainable forest production system.

Adhered to the belief and sentiment of "finance for the country", "finance for the people" and "finance for good", GTJAI closely follows the guidance of the national economic development policy, and actively undertakes the responsibility in the process of implementing the goals of carbon peaking and carbon neutrality.

Looking forward, GTJAI will continue to respond to the country's dual carbon goals and strive to be the leader in the practice of green finance and ESG.

In the process of corporate operation, GTJAI continues to optimise environmental protection and energy saving measures, reduce operational carbon emissions, as well as strive to be the first to participate in environmental protection activities, among others.

-- BERNAMA