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Reports: Shanghai Stock Exchange mulls carbon index

2014-03-31 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The Shanghai Stock Exchange is reportedly considering plans to launch a new index ranking listed companies based on their carbon emissions intensity. According to Reuters' reports, the stock exchange has asked China Securities Regulatory Commission to impose mandatory carbon reporting rules on listed companies that would allow it to benchmark its nearly 1,000 listed firms based on how much carbon they emit each year per unit of revenue. In a report to the securities regulator, the exchange...

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