China Stock Exchanges Consultation on Guidelines on Corporate Sustainability-related Disclosure
The three main stock exchanges in China issued consultation papers for their guidelines on corporate sustainability disclosure on Feb 8th 2024. The draft guidelines propose a reporting framework for corporate sustainability disclosure and aim to strengthen corporate sustainability reporting in China. The deadline to respond is February 29th.
Consultation pages:
- Shanghai Stock Exchange: http://www.sse.com.cn/lawandrules/publicadvice/c/c_20240208_5735507.shtml (online responding system: https://my.sse.com.cn//uc/pub_opinion2.shtml)
- Shenzhen Stock Exchange: https://www.szse.cn/lawrules/publicadvice/t20240208_606058.html (respond to [email protected])
- Beijing Stock Exchange: https://www.bse.cn/public_opinion/200020877.html (respond to [email protected])
The PRI welcomes the guidelines as decision-useful corporate sustainability reporting is a prerequisite for responsible investment. Aligning China’s reporting requirements to international standards offers the transparency investors need to manage sustainability-related risks and opportunities.
We encourage our signatories and wider stakeholders to share their comments or suggestions to contribute to the PRI response to these consultation documents or to respond directly through the consultation pages to show investors' needs and expectations on China's mandatory sustainability disclosure framework.
- Environment
- Social
- Governance
- 13 - Climate action
- China