The 2024ESG Global Leaders Conference opened in Shanghai on October 16. Yan Bojin, chief risk officer of the China Securities Regulatory Commission and director of the issuance department, said that in the next step, the CSRC will persevere in disclosing information on sustainable development. There are several aspects. The first is to improve corporate disclosure capabilities. Continue to strengthen the adaptability assessment of the “Sustainable Development Reporting Guidelines for Listed Companies”, and prepare to further study and optimize the scope of mandatory disclosure in a timely manner after the implementation of the first batch of mandatory disclosure requirements in 2026. Second, continue to strengthen supervision. Sustainable information disclosure can only guarantee the quality of disclosure under effective supervision and truly serve investors and stakeholders. The Securities Regulatory Commission will continuously improve its supervisory capabilities, strengthen the supervision of sustainable information disclosure, and prevent greenwashing. The third is to improve the market ecology. Research promotes external review and verification of ESG information, continuously improves the accuracy and disclosure quality of ESG data of listed companies, supports credit rating agencies to continue to establish and improve green enterprise and green bond rating methods. It will also promote increased ESG investment, launch more index and fund products, and launch more green finance financing products to promote a virtuous cycle with a better market ecosystem.

The 2024ESG Global Leaders Conference opened in Shanghai on October 16. Yan Bojin, chief risk officer of the China Securities Regulatory Commission and director of the issuance department, said that in the next step, the CSRC will persevere in disclosing information on sustainable development. There are several aspects. The first is to improve corporate disclosure capabilities. Continue to strengthen the adaptability assessment of the “Sustainable Development Reporting Guidelines for Listed Companies”, and prepare to further study and optimize the scope of mandatory disclosure in a timely manner after the implementation of the first batch of mandatory disclosure requirements in 2026. Second, continue to strengthen supervision. Sustainable information disclosure can only guarantee the quality of disclosure under effective supervision and truly serve investors and stakeholders. The Securities Regulatory Commission will continuously improve its supervisory capabilities, strengthen the supervision of sustainable information disclosure, and prevent greenwashing. The third is to improve the market ecology. Research promotes external review and verification of ESG information, continuously improves the accuracy and disclosure quality of ESG data of listed companies, supports credit rating agencies to continue to establish and improve green enterprise and green bond rating methods. It will also promote increased ESG investment, launch more index and fund products, and launch more green finance financing products to promote a virtuous cycle with a better market ecosystem.