Seneca ESG

02 Dec China’s Green Agriculture: Brief Overview and Recommendations to Regulators

Posted at 14:32 by Lexy Li

China has been accelerating agricultural development in recent years, with the country’s primary sector, agricultural activities, recording a total of RMB7.0467tr in value in 2019, up 3.1% from the previous year. In fact, the sector contributed about 7.1% to China’s GDP in the same year....

02 Dec CSRC Signals Corporate Governance Requirements to Come

Posted at 14:23 by Eileen Li

A CSRC deputy director, Sun Nianrui, spoke at the China Southern Finance International Forum, and emphasized that the regulatory body plans to roll our corporate governance disclosure requirements for listed companies, according to Sina on November 28. The new system would require such companies to...

01 Dec Hong Kong’s Green Finance Development [PT 2]: Relationship with the Mainland and Resulting Opportunities

Posted at 15:54 by Una Qu

Hong Kong will play a crucial role in China’s overall green finance development, while also relying on the Mainland for further expansion into the sector China central government plans to develop its green bond market through Hong Kong under the Belt and Road Initiative (BRI) NDRC and...

30 Nov Hong Kong’s ESG Development Implications for Mainland [PT 2]: Recommendations for the China Market

Posted at 14:00 by Emilie Wu

Hong Kong government’s contribution to the building of its ESG ecosystem Compared with developed markets such as Europe, the US, and Japan, Hong Kong started relatively late in the ESG space. For reference, in 2016, Hong Kong only accounted for 0.06% of the world’s ESG assets,...

27 Nov Hong Kong Aims for Carbon Neutrality Before 2050

Posted at 13:48 by Ningjing Liu

Hong Kong Chief Executive Carrie Lam has stated in her annual policy address that the special administrative region (SAR) aims to reach net-zero carbon emissions before 2050, as reported by Caixin Global on November 26. According to Carrie Lam, the Hong Kong SAR government will...

26 Nov SGCC, CSG Authorized to Manage Renewable Energy Subsidy Allocation

Posted at 14:30 by Ningjing Liu

China’s Ministry of Finance, National Energy Administration (NEA) and the NDRC have jointly issued a notice, authorizing grid companies such as State Grid Corporation of China (SGCC) and China Southern Power Grid (CSG) to manage the future allocation of renewable energy subsidies, as reported by...

25 Nov Hong Kong’s Green Finance Development [PT 1]: Regulatory Efforts and Recent Progress

Posted at 17:51 by Una Qu

Hong Kong is taking multiple measures to build a green finance ecosystem The Hong Kong SAR government started exploring green finance in 2016, after PBoC and other six departments jointly released Guiding Opinions on Building a Green Finance System. Three Major Organizations Supporting Green Finance in Hong...

25 Nov YTO Express Employees Leak User Data to Criminal Groups

Posted at 17:22 by Haiyan Luo

YTO Express Group [600233:CH], admitted in a statement that its five employees leased their internal accounts to criminal groups for profit, leaking some 400,000 pieces of users’ personal information, as reported by Beijing News on November 16, 2020. According to police based in Hebei province,...

25 Nov Shenzhen Implements First Employee Health Regulations in China

Posted at 15:54 by Haiyan Luo

Shenzhen city has decided to implement the first local health regulations in China to better protect the physical and mental health of workers, as reported by Xinhua Net on November 17, 2020. The new rules will go in effect on Jan 1, 2021. This is...

25 Nov CCIIA Publishes First ESG Rating Guide for Chinese Oil Firms

Posted at 15:46 by Ningjing Liu

China Chemical Intelligence Information Association (CCIIA) has published the country’s first ESG ratings guide for listed Chinese firms in the petroleum and chemical industry, as reported by Eastmoney on November 19. The ratings guide has created a unified framework for ESG performance assessments of Chinese...

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