Chinese asset owners adopting a more systematic roadmap towards net zero
Although more guidelines are in place, Chinese asset owners are awaiting clearer regulation on the “how” - including disclosure standards - of the country’s net zero transition.
Chinese asset owners are showing signs of taking a more systematic approach to ESG with China's sovereign wealth fund and an industry regulator recently releasing methodologies that are paving the way towards sustainable finance.
In early June, China’s top regulator for the banking and insurance industry, the China Banking and Insurance Regulatory Commission (CBIRC), released its green finance guidelines for the banking and insurance industry, with effect from June 1.
It provide…
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