ESG Policy and Good Practices in China 2022

2022 ESG Policy and Good Practices in China While drawing on international law, the Guidance is formed in a specifically Chinese context and references compliance with existing domestic Chinese regulation in a number of locations. While the Guidance is non-binding, its Chinese-specific focus is likely to prove appealing to companies that operate solely within the Chinese market and consider the existing, globally-focused ESG standards as inappropriate for their reporting purposes. For multinational companies operating in China, the level of traction the Guidance gains will be important, as such multinational companies will likely face competing pressures from external investors to disclose against internationally recognised frameworks. The ESG China Awards is an awards programme recognising and promoting excellence from companies that have...