China’s ESG rules approach maturity after 20 years
China’s first policy on environmental, social and governance (ESG) performance reporting – the Announcement on Corporate Environmental Information Disclosure – was issued by China’s State Environmental Protection Administration in 2003. It encouraged and supported enterprises to disclose environment-related information. Twenty years later, in December 2023, the State Council released its Opinions on Comprehensively Promoting the Construction of a Beautiful China. In article 24, section 9, the council explicitly called for an exploration of the […]