Chinese Firms' Climate Disclosures Falling Behind: Regulatory Reforms on the Horizon

Monday, 1 July 2024, 08:30

Chinese companies such as Cosco Shipping, Air China, CCB, and ICBC have been identified as laggards in climate disclosures, prompting their inclusion on a divestment list for the second consecutive year. However, Global asset manager LGIM forecasts imminent regulatory tightening that is expected to compel these firms to enhance their climate reporting practices, signaling a potential shift in their disclosure standards.
South China Morning Post
Chinese Firms' Climate Disclosures Falling Behind: Regulatory Reforms on the Horizon

Chinese Firms' Climate Disclosure Status

Chinese companies like Cosco Shipping, Air China, CCB, and ICBC are cited as having inadequate climate disclosure practices, which have resulted in their repeated appearance on a divestment list.

Regulatory Changes Influence Performance

LGIM anticipates forthcoming regulatory adjustments that are likely to spur these firms into improving their climate disclosure standards, potentially altering their ranking on sustainability indexes.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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