Shanghai Unveils Plan Aimed At Improving ESG

3/15/2024 2:13:42 PM

(MENAFN- Investor Brand Network) Experts say Shanghai's
latest plan
to improve Environmental, Social and Governance (“ESG”) standards is compatible with the country's developmental concept of“innovation, coordination, green, openness and sharing.” With ESG becoming an increasingly integral cog in the corporate world, Shanghai officials recently published a three-year plan designed to boost the city's ESG capabilities.

The Action Plan for Accelerating the Improvement of Environmental, Social & Governance (“ESG”) Capabilities of Foreign-related Enterprises in Shanghai (2024-2026) was released by the Shanghai Commission of Commerce to improve ESG principles among corporations operating in the city. It outlines 12 key measures across three major actions: improving ESG market efficiency, enhancing ESG enterprises and optimizing...

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