Caixin
Nov 19, 2021 08:19 PM
FINANCE

China’s Rapid ESG Development Stymied by Lack of Standards, Experts Say

Environmental, social and corporate governance (ESG) investment has been gaining traction in China, but the lack of data disclosure standards and regulatory frameworks still stands in the way of ESG development, experts said in a new white paper on ESG development (link in Chinese).

As ESG investing expands globally, ESG development in China has also been fast-tracked thanks to carbon peaking and carbon neutrality goals announced by President Xi Jinping last year, according to the white paper published last week by think tank Caixin Insight and the China ESG30 Forum it co-founded.

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