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Sustainability and ESG News
China Unveils Basic Standards for Corporate ESG Disclosure
In December 2024, China introduced its Basic Standards for Corporate Sustainability Disclosure, aiming to align with global ESG practices. This initiative marks a significant step towards a unified national ESG reporting system, with full implementation expected by 2030.
China’s Landmark Energy Law: A Step Towards Carbon Neutrality
China has passed its first-ever energy law, set to take effect on January 1, 2025, marking a significant step towards carbon neutrality by 2060. This comprehensive legislation addresses various aspects of energy management, aiming to ensure sustainable and secure energy growth.