Ping An contributes to China's first ESG disclosure standards
Experts believe the newly developed disclosure guidelines, though not mandatory, can serve as a reference for companies to carry out self and third-party ESG evaluations as China currently lacks a legal framework for ESG disclosure.
China has introduced its first set of environmental, social, and governance (ESG) disclosure guidelines - with inputs from two local insurers Ping An Group and China Post Life Insurance among others - that experts say will raise the standard of reporting by local companies and promote sustainable investments in the country.
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