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 lower than 84% 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 provide specific carbon emissions data or detailed climate commitments. As of the latest available information, there are no recorded emissions figures, including Scope 1, 2, or 3 emissions, nor are there any established reduction targets or initiatives outlined by the exchange. In the context of the broader industry, many exchanges are increasingly focusing on sustainability and climate action, often committing to various climate pledges and reduction targets. However, without specific data or commitments from SHFE, it remains unclear how they are addressing carbon emissions and 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 Futures 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.