China has unveiled new ESG disclosure rules for its biggest companies as the world’s top polluter seeks to align with European requirements and bring foreign investment back to its struggling economy.
More than 400 companies, including those in key stock indexes, will need to publish sustainability reports by 2026. The corporations, which together account for more than half of the bourses’ combined market value, have to disclose their ESG governance and strategy, along with metrics including their energy transition plans and impact on the environment and society.
