ESG Research
Latest Report Release

An Analysis of ESG Disclosure Mechanisms for Government-Backed Financing Guarantee Institutions in China
Amid growing international consensus on climate action, sustainability has gradually evolved into a mainstream value within the global financial system. Against this macro-policy backdrop, establishing ESG disclosure systems tailored to the characteristics of government-backed financing guarantee institutions has become an inherent requirement for fulfilling their policy mandates, implementing the “Five Key Areas of Finance,” strengthening risk management capabilities, and achieving high-quality development. This article examines the policy context, existing challenges, and potential pathways for ESG disclosure by government-backed financing guarantee institutions in China.
Interview with Wang Yao, Director of International Institute of Green Finance, CUFE, regarding Compulsory ESG Information Disclosure and ESG Market in China
In April 2022, China Securities Regulatory Commission (CSRC) issued the Working Guidelines for the Investor Relations Management of Listed Companies (2022) (hereinafter called the Guidelines), which were implemented on May 15. For the first time, the concept of ESG has been included in guidance regarding investor relations management. In this interview Wang Yao answers the most relevant questions about the future of the ESG information disclosure in China.
ESG indicator system with Chinese characteristics
Due to a lack of understanding of Chinese characteristics, international ESG reporting systems do not adequately measure the ESG performance of the Chinese enterprise and face challenges in adapting to the Chinese market. This article analyzes the reasons behind the failure of the international ESG index systems in China and proposes alternative indicator system.