GS Global invests in carbon credit firm to expand trading business

GS Global invested in Hooxi Partners in Korea to expand into carbon credit trading. The partnership combines Hooxi Partners’ carbon reduction expertise with GS Global’s global network and trading capabilities as the 2026-2030 emissions trading scheme takes effect. GS Global plans to convert emissions reductions from electric buses, renewable energy, biomass and recycling projects into Korean Offset Credits for domestic and overseas buyers.

Hooxi Partners’ revenue rose to 3.2 billion won in 2025 from 200 million won in 2024, and the company projects 7.8 billion won in revenue this year.

Hooxi Partners turned profitable in 2025 and is expected to post net profit of around 3.3 billion won in 2026.

Hooxi Partners develops carbon credit methodologies, manages emissions reduction projects, secures Korean Offset Credits and conducts forward trading.

Its program-based model groups multiple projects under one registration and management framework to reduce administrative and verification burdens.

GS Global plans to use its overseas customer network in steel, energy and industrial materials to identify carbon reduction projects in international markets.

Published Oct 20, 2026 10:46 am KST

GS Global CEO Kim Sung-won, center, poses with Hooxi Partners Co-CEO Lee Haeng-youl, left, and Hooxi Partners Co-CEO Cho Seong-hoon after signing a strategic investment agreement in Seoul, Monday. Courtesy of GS Global

GS Global is expanding into carbon credit trading through an equity investment in Hooxi Partners, a Korean carbon credit specialist, seeking to monetize emissions reductions from its existing eco-friendly businesses.

GS Global said Tuesday that the investment would establish a strategic partnership, combining Hooxi Partners’ carbon reduction expertise with GS Global’s global network and trading capabilities.

The investment comes as Korea's fourth emissions trading scheme, covering 2026-2030, takes effect. Tighter emissions caps, expanded paid allocations and stricter global carbon regulations are raising the cost of securing carbon credits and increasing exposure to price volatility. GS Global aims to turn carbon credits into a new growth engine.

Founded in 2021, Hooxi Partners offers services ranging from carbon credit methodology development and emissions reduction project management to securing Korean Offset Credits (KOCs) and forward trading. The company focuses on transportation-related emissions reduction projects, particularly the transition to electric vehicles. It also operates emissions management platforms and provides corporate consulting.

Its program-based emissions reduction model groups multiple individual projects under a single registration and management framework, reducing administrative and verification burdens while enabling emissions reductions on a larger scale.

Hooxi Partners' revenue surged to 3.2 billion won ($2.4 million) in 2025 from 200 million won in 2024 and is projected to reach 7.8 billion won this year. The company turned profitable in 2025 and is expected to generate a net profit of around 3.3 billion won in 2026.

GS Global plans to integrate the partnership with its existing businesses, including electric bus adoption, solar and other renewable energy projects, biomass and resource recycling. It aims to convert emissions reductions from these activities into Korean Offset Credits (KOCs) and supply them to domestic and overseas buyers.

The company also plans to draw on its overseas customer network in steel, energy and industrial materials, along with Hooxi Partners' expertise, to identify and develop carbon reduction projects in international markets.

"Through this investment, we aim to enter the growing carbon credit market early and establish a new growth area," a GS Global official said, adding that the company would continue to expand cooperation on carbon reduction projects at home and abroad.

GS Global投资韩国Hooxi Partners，拓展碳信用交易业务。随着2026-2030年碳排放交易体系的生效，此次合作将Hooxi Partners在碳减排方面的专业知识与GS Global的全球网络和交易能力相结合。GS Global计划将电动公交车、可再生能源、生物质能和回收利用项目的减排量转化为韩国碳抵消信用额度，出售给国内外买家。

Hooxi Partners 的收入从 2024 年的 2 亿韩元增长到 2025 年的 32 亿韩元，该公司预计今年的收入将达到 78 亿韩元。

Hooxi Partners 于 2025 年实现盈利，预计 2026 年净利润将达到约 33 亿韩元。

Hooxi Partners 开发碳信用方法，管理减排项目，获取韩国抵消信用额度并进行远期交易。

其基于项目的模式将多个项目归入一个注册和管理框架下，以减轻行政和核查负担。

GS Global计划利用其在钢铁、能源和工业材料领域的海外客户网络，在国际市场上寻找碳减排项目。

发布于2026年10月20日上午10:46（韩国标准时间）

周一，GS Global首席执行官金成元（中）在首尔签署战略投资协议后，与Hooxi Partners联席首席执行官李行烈（左）和赵成勋合影。图片由GS Global提供。

GS Global 通过对韩国碳信用专家 Hooxi Partners 进行股权投资，拓展碳信用交易业务，旨在将其现有环保业务的减排量货币化。

GS Global周二表示，这项投资将建立战略合作伙伴关系，将Hooxi Partners的碳减排专业知识与GS Global的全球网络和交易能力相结合。

这项投资正值韩国第四轮碳排放交易计划（涵盖2026年至2030年）生效之际。更严格的排放上限、更大的付费配额以及更严苛的全球碳排放法规，都提高了获取碳信用额的成本，并加剧了价格波动风险。高盛全球的目标是将碳信用额转化为新的增长引擎。

Hooxi Partners成立于2021年，提供从碳信用方法论开发、减排项目管理到韩国碳抵消信用额度（KOC）获取和远期交易等一系列服务。公司专注于交通运输相关的减排项目，特别是向电动汽车转型。此外，公司还运营排放管理平台并提供企业咨询服务。

其基于项目的减排模式将多个独立项目归入单一的注册和管理框架下，从而减轻了行政和核查负担，同时实现了更大规模的减排。

Hooxi Partners的营收从2024年的2亿韩元飙升至2025年的32亿韩元（约合240万美元），预计今年将达到78亿韩元。该公司于2025年实现盈利，预计2026年净利润约为33亿韩元。

GS Global计划将此次合作与其现有业务整合，包括电动巴士推广、太阳能和其他可再生能源项目、生物质能和资源回收利用。其目标是将这些活动产生的减排量转化为韩国碳抵消信用额度（KOC），并出售给国内外买家。

该公司还计划利用其在钢铁、能源和工业材料领域的海外客户网络，以及 Hooxi Partners 的专业知识，在国际市场上寻找和开发碳减排项目。

“通过这项投资，我们旨在尽早进入不断增长的碳信用市场，并建立一个新的增长领域，”GS Global的一位官员表示，并补充说，公司将继续扩大在国内外碳减排项目的合作。