Ping An contributes to China's first ESG disclosure standards
Experts believe the newly developed disclosure guidelines, though not mandatory, can serve as a reference for companies to carry out self and third-party ESG evaluations as China currently lacks a legal framework for ESG disclosure.
China has introduced its first set of environmental, social, and governance (ESG) disclosure guidelines - with inputs from two local insurers Ping An Group and China Post Life Insurance among others - that experts say will raise the standard of reporting by local companies and promote sustainable investments in the country.
The Guidance for Enterprise ESG Disclosure - which becomes effective on June 1, 2022 - is published by the China Enterprise Reform and Development Society (CER…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.