The Shanghai Futures Exchange (SHFE), headquartered in Shanghai, China, is a leading commodities and futures exchange that plays a pivotal role in the global financial landscape. Established in 1999, the SHFE has rapidly evolved, becoming a key player in the trading of various futures contracts, including metals, energy, and agricultural products. With a focus on providing a transparent and efficient trading platform, the SHFE offers unique products such as copper, aluminium, and crude oil futures, catering to both domestic and international investors. Its strategic location in one of Asia's financial hubs enhances its operational reach, making it a vital centre for price discovery and risk management in the commodities market. The exchange's commitment to innovation and regulatory compliance has solidified its position as a prominent force in the global futures industry.
How does Shanghai Futures Exchange's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Shanghai Futures Exchange's score of 20 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Shanghai Futures Exchange (SHFE), headquartered in China (CN), currently does not have publicly available data regarding its carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. In the context of the broader industry, many exchanges are increasingly focusing on sustainability and climate commitments, often aligning with global standards such as the Science Based Targets initiative (SBTi). However, without specific data or commitments from SHFE, it is challenging to assess their current stance on carbon emissions and climate action. As the global emphasis on reducing greenhouse gas emissions intensifies, it is anticipated that organisations like SHFE will eventually establish measurable targets and strategies to address their environmental impact.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Shanghai Futures Exchange is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.