On May 8, 2024, SGS signed a Memorandum of Understanding (MOU) with China Merchants Securities International Company Limited (CMSI, a wholly-owned subsidiary of China Merchants Securities Co., Ltd (Stock Code: 600999.SH/6099.HK)). This partnership leverages the SGS S-Carbon comprehensive digital carbon management platform to enhance CMSI's carbon management strategies, supporting the Hong Kong Special Administrative Region (HKSAR) Government's goal of achieving carbon neutrality before 2050.
A comprehensive carbon emission management solution
SGS S-Carbon is an enterprise-class, cloud-based digital carbon management platform that enables CMSI to track, analyze and report carbon emissions levels in real-time and implement its carbon reduction plan cost-effectively. S-Carbon provides CMSI with comprehensive carbon emission management solutions, including professional consultancy, carbon management expertise, and carbon emission calculation and disclosure according to international standards.
The first financial enterprise to use SGS S-Carbon in Hong Kong
Shen Yun, CEO of CMSI, said: "We are thrilled to be the first financial enterprise in Hong Kong to implement the SGS S-Carbon digital carbon management platform. This partnership marks a significant step toward achieving our carbon emission reduction target. It provides a clear framework for managing our carbon emissions and strategy, allowing us to demonstrate our commitment to carbon reduction to customers and stakeholders."
Steven Du, SGS Head of Asia Pacific, said: "We are honored to collaborate with CMSI to advance sustainable development practices. The S-Carbon platform is a powerful tool that enables enterprises to manage carbon emissions, helping CMSI to achieve its long-term reduction targets. This partnership highlights the role digital solutions play in enhancing carbon management efficiency, promoting sustainable development, and accelerating society's green transformation. We believe CMSI will set a good example for other financial enterprises in Hong Kong."
Mr. Shen Yun, CEO of CMSI and Mr. Steven Du, SGS Head of Asia Pacific
CMSI representatives:
Mr. Shen Yun, CEO of CMSI (Middle), Ms. Bonnie Chui, Director - Head of Administration Department (Left 2) and Ms. Cecilia Tu - Vice President (Left 1)
SGS representatives:
Mr. Steven Du - Head of Asia Pacific (Middle), Ms. Miranda Kwan – Director of Business Assurance (Right 3), Mr. Pan Li - Deputy Director of Business Development (South China, HK and Macau) (Right 2) and Mr. Calvin Wong - Head of Sustainability Assurance Services (Right 1)
About CMSI
China Merchants Securities International Company Limited (CMSI), a wholly owned subsidiary of China Merchants Securities Co., Ltd (Stock Code: 600999.SH/6099.HK), has established subsidiaries in Hong Kong, London and Seoul; providing clients with a one-stop full range of integrated financial services, including stocks and futures brokerage, corporate finance, sales and trading, asset management, private equity and global commodities, etc.About SGS
We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for sustainability, quality and integrity. Our 99,600 employees operate a network of 2,600 offices and laboratories around the world.
Units 303 & 305, 3/F, Building 22E,
Phase 3, Hong Kong Science Park,
Pak Shek Kok, New Territories,
Hong Kong, China