Home » Beijing Stock Exchange publicly solicits opinions on sustainable development disclosure guidelines_Oriental Fortune Network

Beijing Stock Exchange publicly solicits opinions on sustainable development disclosure guidelines_Oriental Fortune Network

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Beijing Stock Exchange publicly solicits opinions on sustainable development disclosure guidelines_Oriental Fortune Network

The Beijing Stock Exchange has released the “Guidelines for the Continuous Supervision of Listed Companies on the Beijing Stock Exchange No. 11 – Sustainability Report (Trial) (Draft for Comments)” and is seeking public feedback beginning on February 8, 2024. These guidelines aim to establish a framework for sustainable development information disclosure for listed companies.

The key contents of the “Guidelines” focus on several areas related to sustainability. Firstly, it encourages listed companies to analyze and disclose information related to governance, strategy, impact, risk and opportunity management, indicators, and goals to help investors and stakeholders understand their response to sustainability-related impacts. Additionally, the guidelines highlight the importance of environmental and ecological protection, urging companies to disclose topics such as pollutants, waste, ecosystem and biodiversity protection, and energy and water resource use in order to integrate environmental preservation into their development strategy.

The “Guidelines” also emphasize the integration of national development strategies and the fulfillment of social responsibilities, urging listed companies to actively implement national strategies such as rural revitalization and innovation-driven development. Furthermore, special disclosures on corporate governance are emphasized, aiming to promote and improve the level of standardized operations and encouraging companies to abide by social and business ethics.

The release of these guidelines marks a significant step in promoting sustainable and responsible business practices within the Beijing Stock Exchange. The public solicitation of opinions demonstrates the exchange’s commitment to engaging with stakeholders and considering diverse perspectives in shaping sustainable development policies.

These guidelines reflect an ongoing trend in the financial industry, where environmental, social, and governance (ESG) factors are playing an increasingly important role in investment decisions and corporate practices. As such, stakeholders and market participants are encouraged to provide their feedback on these guidelines to help shape the future of sustainable development reporting within the Beijing Stock Exchange.

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This article was sourced from the Financial Associated Press and has been published to disseminate information, with no bearing on the views of the publishing site or constituting investment advice. Readers are advised to operate accordingly at their own risk.

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