The Maldives Stock Exchange (MSE) has claimed it is the first in the world to become ‘carbon neutral’.
The MSE says it has worked to measure and offset emissions caused by its use of energy, waste disposal, business travel and staff commuting.
The stock exchange worked with offsetting company The CarbonNeutral Company to measure total greenhouse emissions and offset it through the purchase of carbon credits.
CEO of the MSE Ibrahim Nasir said that by adopting a leading environmental position within the financial services arena, “we hope to encourage listed companies within the stock exchange to also take action for the impact of their carbon emissions.”
President Mohamed Nasheed has said the entire country will be carbon neutral by 2020.
Likes
(0)Dislikes(0)
(0)Dislikes
(0)Related Posts
Bank of Maldives and MTDC at risk of trading penalties over AGM delays: Stock Exchange- Oil drilling and Maldives’ tourism “cannot coexist”, says NGO Bluepeace
- Maldives forms environment police as civil society criticises lack of enforcement, legislation
- Former President Nasheed reaches Copenhagen climate talks despite alleged obstruction
- Waking up to ‘Greenwashing’ in the Maldives: Huffington Post
- Government ponders voluntary tourist contributions to fuel US$100 million green energy fund
