Tonghai Financial Garners CarbonCare Label Three Years in A Row, “CarbonCare Label Level 3 – Achievement” This Year and “CarbonCare Star Label” Special Recognition

China Tonghai Financial Limited (“Tonghai Financial” or the “Group”), is pleased to announce that it has earned the “CarbonCare Label Level 3 – Achievement” granted by CarbonCare InnoLab in recognition of its excellence in the sustainability development and efforts towards a greener future. It was also presented the “CarbonCare Star Label”, a special recognition for having won the “CarbonCare Label” for three consecutive years, evidencing its outstanding performance in fulfilling carbon reduction commitments.

This year, CarbonCare InnoLab aims to rally leadership and support from businesses, cities, regions and investors worldwide for a healthy, resilient, zero carbon recovery after the pandemic. Looking ahead, the Group will respond to the call by promoting environmental conservation in the communities and raising green awareness among its employees, so as to further enhance long term sustainability as well as contribute to the green development of the society. As ESG continues to gain market attention, carbon reduction has become the focus and goal of more companies. Tonghai Financial had been playing active role in important environmental issues. The CarbonCare ESG Label signifies the success of the Group’s effort in sustaining a green environment, and also a ringing endorsement of the commitment in providing a high standard of Environmental, Social, Governance (ESG) report for stakeholders.

CarbonCare InnoLab and Carbon Care Asia jointly launched the CarbonCare Label in 2011. To date, more than 450 CarbonCare Labels have been awarded to organizations in different sectors, including listed companies, government departments, public bodies, social enterprises, non-governmental organizations and commercial buildings/venues. In recent years, keeping pace with time, the Scheme has introduced different level labels so as to match the state of progress made by companies and organizations in sustainability and respond to the development in carbon management, ESG reporting and circular economy of companies.

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