CSR strategy – ESG reporting and transparency Tag

Environmental, social, and corporate governance (ESG) issues are undeniably becoming key components of disclosure for corporates and financial institutes around the world. In Asia, a flurry of ESG-related disclosure rules has hit the market in recent years, driving companies to issue sustainability reports and communicate...

China’s Central Bank, the People’s Bank of China (PBoC), has imposed a RMB4.27m (USD632,170) fine on the digital payment arm of ride-hailing platform Didi Chuxing for a series of violations, as reported by Reuters on July 15. The company was involved in 12 illegal activities...

The global rise of ESG investments in recent years has brought increasing greenwashing behaviors from investment product providers. Greenwashing is known as a cheating practice in which companies exaggerate their environmentally friendly approaches to gain more benefits. The phenomenon becomes more and more common as...

Hana Bank [004940:KS] and the Health Insurance Review and Assessment Service (HIRA), a government agency under South Korea’s Ministry of Health and Welfare, have agreed to expand their collaboration on environmental, social, and corporate governance (ESG) practices in the public health care system and social...

Wine Australia, a statutory corporation that regulates the Australian wine industry, announced a multifaceted program focused on environmental, social, and corporate governance (ESG) as well as sustainability, as reported by National Tribune on June 17. Rachel Triggs, Wine Australia’s General Manager of ESG and Market...

Green finance has gained strong momentum in recent years, with cumulative green bond issuance snowballing to USD1.83tr as of June 2022, and ESG- and sustainability-themed financing increasingly available. Yet, a successful and effective economic transition from business-as-usual to sustainable requires investments in undertakings such as...

China’s leading supply chain service provider JD.com [JD:US] published its 2021 ESG report on May 24 aligning with recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) for the first time, as reported by JD Corporate Blog on the same day. In 2019, JD.com...

Japanese Prime Minister Fumio Kishida promised on May 20 to mandate big enterprises to report gender wage gaps, as reported by Reuters on the same day. The new rules, aiming to solve long-term gender-based inequalities, will cover 17,650 companies with more than 301 employees. The...

The International Sustainability Standards Board (ISSB) is expected to issue a set of ESG disclosure standards by the end of 2022, which is likely to be accepted internationally, as reported by Sina News on April 20. The Vice-Chairman of China Securities Regulatory Commission (CSRC), Fang...

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