Business · Companies · 1 hr ago

GS Global invests in carbon-credit firm Husi Partners

GS Global invests in carbon-credit firm Husi Partners

GS Global has invested in Husi Partners, a South Korean company that works across the carbon-credit business.

Carbon credits represent verified emissions reductions and can be traded or used by companies.

The investment comes as South Korea begins its 2026–2030 emissions trading period, with tighter limits and more paid permits expected to increase companies’ costs and price uncertainty.

Husi Partners develops emissions-cutting projects, including programs linked to switching vehicles to electric power, and also offers carbon management tools and advice.

GS Global plans to use its work in areas such as electric buses, renewable energy and recycling to develop more projects and turn verified emissions cuts into tradable credits.

It also aims to use its international customer network to find projects and customers abroad.

The companies say they will expand cooperation in carbon reduction and credit trading, but no further timetable was given.

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What people are saying

GS Global officialCompany representative
Through this collaboration, we will strengthen our ability to secure and trade carbon credits and expand cooperation in domestic and overseas carbon-reduction projects.
via Yonhap
We will identify carbon-credit business opportunities that can be linked to various industries and strengthen our role as a platform to support them.
via Yonhap