63-51 Act on trading in allowances for the issuance of Greenhouse gases (Greenhouse Gas Emissions Trading Act - TEHG)

Summary

This document is concerned with the Act on trading in allowances for the issuance of Greenhouse gases issued on the 21st July 2011.

Issuer

Germany

Year

2011

Region

Europe

Issuer (type)

Federal Ministry of Justice (Bundesministerium der Justiz) (Government)

Instrument type

Act

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Restrictiveness
- High 1.25%
Restrictions on business
- Low 0.00%
ESG
- E focus: emissions, energy, environment, greenhouse gas, hazardous waste, waste, water, conservation
- S focus: compensation
Sustainable Development Goals
GRI standards
Main industries targeted
- Arts, Finance, Manufacturing, Mining, Public administration, Transportation