PANDA STANDARD

Business administrative and commercial management of databases containing information on measuring, calculating and optimizing carbon dioxide emissions; business information provided on-line from computer databases or from the Internet in connection with measuring, calculating and optimizing carbon emissions; Business administrative and commercial management of carbon footprint reduction programs; data processing services; business information services; providing commercial and advertising services in connection with issues relating to the environment, ecology and sustainable development, namely, business information and business advice for commercial or advertising purposes, business management and business organization consultancy, business management, business administration, business advice, business information, expert appraisals and conducting business audits in the field of the environment, climate change and sustainable development, all business, in business organization, in commercial matters and in marketing, marketing studies, statistical studies and information for business and commercial purposes, commercial and industrial business management assistance

Financial studies on the organization and functioning of financial markets, namely, conducting financial feasibility studies; financial calculation services for others, namely, stock index calculations relating to stock exchange prices; recording, formulation, compilation and systemization services, namely, stock brokerage services for providing stock exchange index numbers relating to stock exchange prices, financial instruments and securities; trading of financial instruments, namely, securities, options, futures, swaps, forwards, derivatives and emission allowances and quotation of financial instruments, namely, securities, options, futures, swaps, forwards, derivatives and emission allowances on the stock exchange; Financial services, namely, negotiating in the nature of trading of financial instruments; Quoting of financial instruments, namely, securities, options, futures, swaps, forwards, derivatives and emission allowances, Clearing of financial instruments, namely, securities, options, futures, swaps, forwards, derivatives and emission allowances; cash management; financial transactions services, namely, providing support for implementation of financial transactions, namely, payment services; Organization and operation of stock market exchanges for trading financial instruments, namely, securities, options, futures, swaps, forwards, derivatives and emission allowances; Stock exchange and financial consultancy, namely, providing financial information, financial management, financial evaluation, financial analysis, stock exchange and financial information, and trading of future contracts on non-storable goods; Creation, namely, organization and financial management of futures markets on climate and environmental derivatives for the benefit of the trade of derivatives, the above services concerning in particular carbon dioxide trading and financial products connected with environmental protection, carbon and financial products connected to environmental protection, the preservation of natural resources and sustainable development

Publication of books, magazines, newspapers; publication on all media including electronic media of statistics and stock exchange indices and of all index numbers relating to stock exchange prices, financial instruments and securities; publication of statistics and information in connection with meteorology, publication on all media including electronic media of statistics concerning futures markets on climate and environmental derivatives

Collection, supervision and analysis of environmental information relating to ecology and carbon dioxide emissions; information services, including on line from computer databases or the Internet, relating to environmental issues, ecology and particularly relating to carbon dioxide emissions; estimate, analysis, measurement and calculation of carbon dioxide emissions; establishing scientific criteria for the estimate, analysis, measurement and calculation of carbon dioxide emissions; advice relating to energy, environmental issues, ecology and sustainable development; technical consultancy services relating to environmental protection, ecology, particularly to carbon dioxide emissions