[Policy Update] National Standard “Asset management-Application guidance of carbon asset management system” Officially Released

📰 News Highlight

On October 5, the State Administration for Market Regulation and the National Standardization Administration jointly released China’s first application guidance of carbon asset management system (GB/T 46412-2025), providing systematic guidance for organizations to establish, implement, maintain and continuously improve carbon asset management systems, filling the gap in management standards for the carbon asset sector.

⚙️ Core Components

Leadership: Top management shall demonstrate commitment, establish clear policies, and assign roles, responsibilities and authorities.

Planning: Includes carbon asset identification, clarification of compliance obligations, addressing risks and opportunities and formulation of objectives and plans.

Support: Ensures provision from six aspects: resources, competence, awareness, communication, documented information, and information management.

Operation: Such as carbon asset identification, accounting, monitoring, trading, compliance and reserve management.

Performance Evaluation: Involves operational planning and control, change management and control of externally provided elements.

Improvement: Through monitoring and measurement, internal audits and management reviews.

💡 Key Takeaways

Carbon Trading and Finance: The standard supports China's national carbon market's growth, presenting opportunities for foreign investors in carbon trading, green finance and innovation.

Compliance and Competitiveness: Companies should align with the standard to comply with emerging global regulations (e.g., CBAM) and remain competitive in international markets.

Collaboration and Innovation: Leverage China's focus on low-carbon technologies and carbon financial products for cross-border partnerships and technology transfer.

[Market Update] Apple Powers Over 90% of Its Chinese Manufacturing with Renewable Energy

📰 News Highlight

Apple recently announced that over 90% of its manufacturing operations in China now run on renewable energy, a milestone achieved through collaboration with more than 100 suppliers.

💡 Key Takeaways

Build Long-Term Partnerships: Collaborate closely with local suppliers to drive green transformation.

Invest in Green Infrastructure: Support local renewable energy projects, for instance, through dedicated investment funds.

Set Clear Sustainability Goals: Align renewable energy targets with global corporate strategy.

Engage Policy and Industry: Maintain strong communication with local governments and industry associations to advance green policies.

[Carbon Market]

During October 13-17, the total transaction volume of Carbon Emission Allowances (CEA) in National Carbon Market reached 11,808,565 tons, with a total transaction value of $81,887,312.04. The highest price was $8.06/ton and the lowest price was $5.97/ton.