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Carbon Management Event At “Shenzhen Stock Exchange Chuangxianghui” To Help Enterprises Achieve Sustainable Development Through Green And Low-Carbon Transformation

Date 31/07/2023

On July 28, Shenzhen Stock Exchange (“SZSE”) held the “Chuangxianghui” Carbon Management Event, inviting more than 20 participants to jointly discuss the road of green sustainable development in China under the new situation and the capital market's support for green and low-carbon transformation of traditional enterprises. The participants include persons in charge of listed companies having rich experience in promoting industrial structure adjustment and optimization and accelerating the green transformation of development mode such as Shanxi Coking Coal, RSPC, SF Holding and CR Sanjiu, people taking charge of typical enterprises in the R&D and application industry of energy saving and carbon reduction technology, representatives of the listed and pre-IPO companies in related fields, and experts from carbon finance services institutions. All parties involved actively participated in and unanimously recognized the event.

 

According to the report of the 20th CPC National Congress, “respecting nature, adapting to nature and protecting nature are the inherent requirements of comprehensively building a modern socialist country” and “driving green and low-carbon economic and social development is the key link in achieving high-quality development”. On July 11, at the second meeting of the central committee for deepening overall reform, it was stressed that as the ecological civilization construction of China has entered a critical period with carbon reduction as the key strategic task, it is imperative to improve the control of total energy consumption and intensity, so as to gradually shift to a system for controlling both the total amount and the intensity of carbon emissions. Participants said that to achieve the carbon peak and neutrality goals, which is a broad and profound economic and social systemic change, it is necessary to facilitate the clean, low-carbon and efficient use of energy and actively and steadily promote the implementation of the “carbon peak and carbon neutrality” strategy based on China’s energy resource endowment. Under the background of fully implementing the registration-based IPO system, it is of great practical significance to explore how to give full play to the function of the capital market and better provide high-level services for the carbon management of enterprises.

In combination with the development experience of their own enterprises, participants shared typical cases in the process of carbon technology application and carbon management from different perspectives. They also conducted in-depth exchanges and discussions on the “carbon peak and carbon neutrality” policy and its implementation path, the development trend of carbon management technology, the pain points, difficulties and common problems in carbon management, and the impact of green and low-carbon technology innovation on the industry. Participants fully affirmed the platform function of SZSE and considered that through the “SZSE Chuangxianghui” Event, the face-to-face communication with the persons in charge of enterprises featuring excellent carbon management experience and the experts from carbon finance service institutions further enhanced their own awareness of ecological priority, economical and intensive use of resources, and green and low-carbon development, and that the shared thinking experience and cases were also highly targeted and instructive.

Participants said that adhering to the mission of “gathering innovation capital and stimulating growth momentum”, SZSE takes the initiative to follow the strategic arrangement of comprehensively building a modern socialist country and gives full play to the function as a market hub to drive the improvement of resource allocation efficiency. SZSE continues to build an ecosystem featuring high-level recycling of technology, capital and real economy mainly in the three key fields of advanced manufacturing, digital economy, and green and low-carbon development, having played a positive role in supporting the high-level self-reliance of technology and serving the high-quality development of economy.

“Chuangxianghui” is a market service brand created by SZSE with the characteristics of Shenzhen market. SZSE has held a number of “Chuangxianghui” events centering around hot themes, with increasing influence and attractiveness. Next, SZSE will actively carry out a series of “Chuangxianghui” events still focusing on key fields, key industries and key regions to facilitate enterprises’ interaction, exchange and cooperation, and strive to build an open and active capital market service platform.