The 26th UN Climate Change Conference (COP26) will be held in Glasgow from November 1 to 12, 2021, which draws attention to achieve the targets set in the Paris Agreement in 2015. The Paris Agreement targets include limiting global warming within this century to below...
Chinese telecom and technology company Huawei and Chongqing Sokon Industry Group’s [601127:CH] high-end auto brand SERES jointly launched the new version of SF5, an electric SUV on April 19, according to Huawei’s official press on the same day. Huawei's flagship stores started selling the electric...
China’s antitrust watchdog, State Administration for Market Regulation (SAMR), launched an investigation into Tencent-backed [0700:HK] food delivery giant, Meituan [3690:HK], for the internet company’s potential abuse of the market dominance position by forcing vendors into exclusive deals, known as ‘picking one from two’ (POFT), as...
China’s top legislature, the Standing Committee of the National People’s Congress (NPC), has received the latest draft of the country’s first personal information protection law (PIPL) for regulatory review, following the first draft published in October 2020, as reported by Caixin on April 27. The...
HKEX [0388:HK] issued a consultation document on April 16, proposing revisions to the Code on Corporate Governance Practices (CG Code) and Corporate Governance Report and related provisions in the Listing Rules, as reported by Huanqiu.com on April 19. The stock exchange mainly aims to introduce...
PBoC will increase green bonds in foreign exchange reserves, limit investments in high-carbon assets, and include climate-related factors in the risk management framework, said PBoC Governor Yi Gang at the Boao Forum for Asia Annual Conference 2021 in Hainan province, as reported by Caixin on...
Greenpeace, an environmental protection non-governmental organization (NGO), published the Clean Cloud 2021, a ranking list of energy-related information disclosures and renewable energy use in China’s technology and internet industry, as reported by Caixin on April 21. Specifically, Tencent [0700:HK] topped Chinese internet cloud services companies,...
In the field of sustainability information, there are an increasing number of players with different roles, such as investors, corporates, regulators, NGOs, and other civil societies, forming a dynamic ecosystem of sustainability information. Sustainability standard is the foundation of this ecosystem, where the Global Initiative...
China and the US released a joint statement to fight climate crisis on April 18, following a meeting between Chinese special climate envoy, Xie Zhenhua, and US special presidential envoy for climate, John Kerry, according to the official website of China’s Ministry of Ecology and...
CSRC stated on April 19 that it was formulating rules to prohibit separated employees from the authority to hold shares of a proposed IPO company through improper practices, as reported by Caixin on April 20. Relevant regulations include four measures to completely prohibit improper shareholding....
China’s Ministry of Commerce (MOFCOM), Ministry of State Security (MSS), and State Taxation Administration (STA) have jointly published a notice, outlining plans to ease secondhand vehicle trading regulations in the country, as reported by Caixin on April 19. The new rules will start trial operations...
Chinese electric vehicle (EV) maker NIO [NIO:US] and state-owned oil enterprise Sinopec [SNP:US] signed a strategic collaboration agreement on April 15 to build EV battery swapping stations across the country, as reported by Caixin on April 16. NIO plans to accelerate the establishment of its...
US asset manager BlackRock [BLK:US] and Singapore's government-owned investment firm Temasek announced on April 13 that they agreed to establish a decarbonization partnership, and plan to launch a series of investment funds for carbon reduction, as reported by Caixin on the same day. Based on...
China’s three major long video platforms iQiyi [IQ:US], Tencent’s [0700:HK] Tencent Video, and Alibaba-backed [BABA:US] Youku, along with other 70 organizations issued a joint statement on April 9, calling on content producers and operators of short video platforms and social media public accounts to respect...
Scenario analysis refers to a tool that considers various plausible outcomes in the future and analyzes possible pathways and responses by giving a set of assumptions and factors. Different from accurate predictions, scenario analysis requires an entity to take all plausible future situations into account...
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