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China Mandatory ESG Will Support Firms To “Go Global”

CHINA PRESS

Authorities' recent efforts to strengthen ESG reporting will help domestic firms expand globally, according to Ma Jun, director at the China Society for Finance. The Ministry of Finance's intention to establish unified nationwide ESG standards by 2030 will create impetus for companies to strengthen carbon neutrality, improve ESG performance, and expand green finance. The government should next issue a detailed implementation roadmap, Ma added. (Source: 21st Century Business Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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