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Taiwan Futures Exchange Newsletter - May 2024

Date 07/05/2024

The Taiwan Futures Exchange (TAIFEX) has been making progress towards sustainable developments. Following the purchase of renewable energy in 2023, which covered approximately 60% to 100% of the electricity consumption in its office area, TAIFEX procured 1,350 metric tons of international carbon credits from the Taiwan Carbon Exchange on April 25 of this year. These carbon credits encompass projects involving clean water sources and solar power generation, with sites distributed in Mozambique and Vietnam, aligning with the United Nation’s Sustainable Development Goals (SDGs). The carbon credits purchased by TAIFEX this time cover the years of 2022 and 2020 and are expected to be offset and declared after TAIFEX completes its greenhouse gas emission inventory verification in 2023. All of these actions demonstrate TAIFEX’s commitment to pursuing carbon neutrality goals.

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