In the BYMA Voluntary Carbon Market: the first transaction was registered

Today, the first transaction was registered in the Voluntary Carbon Market presented by BYMA. The final beneficiary of the transaction is the Buenos Aires Stock Exchange (BCBA), which offset the carbon footprint generated by the 51st General Assembly and Annual Meeting of the Ibero-American Stock Exchange Federation (FIAB). The Voluntary Carbon Market is a development that provides a trading environment for Carbon Credits issued by entities that own projects that have been verified. In this way, BYMA allows companies, on a voluntary basis, to offset their carbon emissions in a transparent manner in a reliable environment for this type of transaction. This initiative is aligned with the principles of United Nations Sustainable Stock Exchanges, recognizing the importance of establishing activities in markets that promote decarbonization.

ABOUT THE FIRST TRANSACTION

• The final beneficiary of the transaction is the Buenos Aires Stock Exchange (BCBA), which offset the carbon footprint generated by the 51st General Assembly and Annual Meeting of the Ibero-American Stock Exchange Federation (FIAB). A key event where the challenges and opportunities of the Capital Market in Ibero-America were discussed with a focus on innovation, financial education, sustainability, and other aspects.
• The measurement of the carbon footprint generated by the event was carried out by Mexico CO2, the Mexican Carbon Platform, and Genesis, a consultant specialized in Climate Change and Sustainable Financing.
• It yielded a total of 46 tons that were compensated through the purchase of Carbon Credits from GENNEIA, a leading renewable energy company, thus contributing directly to the mitigation of climate change and promoting local solutions for a more sustainable future.
• This action is aligned with the growing focus on the development of ESG (environmental, social and governance) products, which seek not only to generate economic value, but also to promote responsible investments that favor the preservation of the environment and social welfare.

In this regard, Claudio Zuchovicki, Secretary of FIAB, Director of BYMA, Manager of Dissemination and Capital Market Development BCBA - said: "The Capital Market has the power to promote economic development, but also the responsibility to do so in a sustainable way. Measuring and offsetting our carbon footprint is an action that reflects the commitment of the stock exchanges that make up the FIAB. It's time for us to assume leadership that not only promotes growth, but also protects our future."For its part, Gonzalo Pascual Merlo, CEO of BYMA, said: "The launch of the Voluntary Carbon Market at BYMA represents a key milestone towards a more sustainable future. Through innovations that strengthen the financial ecosystem, we seek to promote investments that will face the climate crisis by facilitating infrastructure and providing transparency. As a Stock Exchange, we create the conditions for the entire financial ecosystem and Argentine society to evolve in terms of sustainability." Gabriela Guzzo, GENNEIA Senior Commercial Manager, he added "We are proud to participate in the first transaction in the BYMA Voluntary Carbon Market. This pioneering operation marks a milestone on the road to a more sustainable capital market and reinforces our commitment to mitigating climate change through local and concrete solutions. The credits come from our renewable energy projects, which lead the energy transition in Argentina, generating positive impacts on the environment and communities."

ABOUT BYMA'S VOLUNTARY CARBON MARKET

Through the BYMA Panel, visibility is given to the purchases of carbon credits that have been obtained for compensation. The project covers negotiation through systems enabled by BYMA and custody through the Caja de Valores S.A. This is a pioneering development that BYMA incorporated into the Argentine market in October of this year. It joins impact products such as the Corporate Governance Panel, the Sustainability Index, Social, Green and Sustainable Bonds, and Bonds Linked to Sustainability. For more information: Voluntary Carbon Market - BYMA