The Shanghai Stock Exchange (SSE), one of the largest stock exchanges in the world, is headquartered in Shanghai, China (CN). Established in 1990, the SSE has played a pivotal role in the development of China's capital markets, facilitating the trading of stocks, bonds, and other financial instruments. As a key player in the financial industry, the exchange primarily focuses on equity and bond trading, offering a platform for both domestic and international investors. Notable milestones include the launch of the STAR Market in 2019, aimed at supporting innovative companies. The SSE is distinguished by its unique products, including A-shares and B-shares, catering to a diverse range of investors. With a robust market position, the Shanghai Stock Exchange continues to be a vital hub for investment and economic growth in Asia.
How does SHANGHAI STOCK 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 STOCK EXCHANGE's score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Shanghai Stock Exchange (SSE), headquartered in China (CN), has not publicly disclosed specific carbon emissions data for the most recent year. However, the SSE has made significant climate commitments as part of its long-term sustainability strategy. The SSE has outlined a roadmap for sustainable development covering the period from 2021 to 2030, with a commitment to peak carbon emissions by 2029 and achieve full carbon neutrality by 2050. This commitment applies to both Scope 1 and Scope 2 emissions, indicating a comprehensive approach to reducing direct and indirect emissions associated with its operations. In addition, the SSE's initiatives align with broader industry trends towards sustainability, reflecting a growing recognition of the importance of climate action within the financial sector. While specific reduction targets or achievements in terms of absolute emissions have not been provided, the SSE's commitment to carbon neutrality by 2050 demonstrates a proactive stance in addressing climate change. Overall, the SSE is positioned to play a pivotal role in promoting sustainable finance and investment practices in the region, contributing to the global effort to mitigate climate change.
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 STOCK EXCHANGE is not participating in any of the initiatives that 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.