TGE Polish Power Exchange: Best Commodities Exchange ESG Strategy Europe 2023

TGE Polish Power Exchange operates the only licensed commodity exchange in Poland — and its continued focus on ESG integration is delivering dividends in the form of increased agility, resilience and stability. The exchange gives investors access to commodity trading markets for electricity, natural gas, property rights, carbon emission allowances as well as agricultural and food products. TGE Polish Power Exchange collaborates with government bodies and international associations to influence market development for the better. Like all members of the GPW Capital Group, TGE pursues an ESG strategy that prioritises climate action, environmental responsibility, socio-economic development and ethical business conduct. It strives to lead by example and promotes transparent communications and high standards of corporate governance among issuers. The exchange has swiftly adapted to regulatory changes caused by the ongoing Russia-Ukraine conflict, adjusting policies as necessary to ensure the stability of services and the sustainability of revenues. The exchange closed 2022 with a record volume of transactions in the register of origin guarantees, up 38.1 percent from the previous year. The first quarter of 2023 saw record-breaking turnover on the electricity spot market, where transaction volume rose by more than 76 percent year over year. TGE ranks as the leading exchange in Central and Eastern Europe in terms of trading volume in electricity and natural gas. The CFI.co judging panel presents TGE Polish Power Exchange — a fourth-year programme winner — with the 2023 award for Best Commodities Exchange ESG Strategy (Europe).