China is also implementing ESG into its business sector. I'll quote from Chinese state media:
"As environmental, social, and governance (ESG) factors continue to reshape the future of nations and businesses, the 2023 Boao Forum for Asia gathered leading experts to address pressing ESG questions in China on Wednesday. The forum emphasized …
China is also implementing ESG into its business sector. I'll quote from Chinese state media:
"As environmental, social, and governance (ESG) factors continue to reshape the future of nations and businesses, the 2023 Boao Forum for Asia gathered leading experts to address pressing ESG questions in China on Wednesday. The forum emphasized the urgency for global collaboration and the immense growth potential within the ESG landscape, focusing on disclosure requirements, performance measurement, and corporate strategy integration.
In China, efforts are underway to establish a unified national ESG standard. Government departments are proactively working on this. The China Securities Regulatory Commission and the country's three main stock exchanges urge listed firms to disclose ESG information, said Yi Xuedong, director of the Research Center affiliated with the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. He added that the ESG disclosure coverage rate for state-owned listed companies is around 60 percent, with plans to achieve full coverage this year.
Notably, SASAC has been working closely with South Korea's SK Group in developing a social value measurement system since 2019, exemplifying the potential for international and public-private partnerships in developing ESG strategies."
China is also implementing ESG into its business sector. I'll quote from Chinese state media:
"As environmental, social, and governance (ESG) factors continue to reshape the future of nations and businesses, the 2023 Boao Forum for Asia gathered leading experts to address pressing ESG questions in China on Wednesday. The forum emphasized the urgency for global collaboration and the immense growth potential within the ESG landscape, focusing on disclosure requirements, performance measurement, and corporate strategy integration.
In China, efforts are underway to establish a unified national ESG standard. Government departments are proactively working on this. The China Securities Regulatory Commission and the country's three main stock exchanges urge listed firms to disclose ESG information, said Yi Xuedong, director of the Research Center affiliated with the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. He added that the ESG disclosure coverage rate for state-owned listed companies is around 60 percent, with plans to achieve full coverage this year.
Notably, SASAC has been working closely with South Korea's SK Group in developing a social value measurement system since 2019, exemplifying the potential for international and public-private partnerships in developing ESG strategies."
https://news.cgtn.com/news/2023-03-29/Harmonizing-ESG-endeavors-2023-Boao-Forum-on-China-s-path-forward-1izu2x1AeuQ/index.html