ESG Policies - The Shanghai Stock Exchange has developed an action plan to enhance the ESG ratings of listed companies in the Shanghai market through six key measures, including providing rating guidance, promoting communication, improving information disclosure, forming best practices, strengthening positive incentives, and enhancing management performance [1] ESG Index Adjustments - The Shenzhen Stock Exchange has announced a periodic adjustment of its indices, including the ChiNext Index, which will exclude companies rated below B in the National ESG rating, while implementing a weight adjustment factor with a 20% weight cap for individual stocks during each adjustment [2][3] Global Energy Transition - The World Economic Forum's report indicates that China's ranking in the Energy Transition Index has improved to 12th place globally, surpassing France, the UK, and the US, reflecting the country's commitment to green development and providing a significant practical example for global energy transition [4] Green Finance Development - China's green credit market is the largest globally, with green bonds and green insurance markets also ranking among the top worldwide. The demand for funding to meet carbon emission targets by 2030 is expected to exceed 25 trillion yuan, indicating substantial growth potential in green finance [5] Contribution to Global Sustainability Standards - The ISSB Chairman has acknowledged China's recent draft on corporate sustainability disclosure, highlighting its commitment to improving the quality and transparency of climate-related financial information, thereby enhancing global comparability in information disclosure [6] Hydrogen Industry Development - Hunan Province has issued a three-year action plan for hydrogen industry development, aiming to create a high ground for hydrogen equipment and materials, and establish application demonstration zones, which may foster new green growth in the central region and provide replicable practices for national hydrogen industry development [7]
ESG一周丨上交所制定推动提升沪市公司ESG评级专项行动方案;创业板指剔除国证ESG评级B级以下公司