Green Securities Policy

Issuer name

China Securities Regulatory Commission (CSRC) and Ministry of environmental protection (MEP)

Government ministry

Environment

More information

The Ministry of Environmental Protection (MEP), in partnership with the China Securities Regulatory Commission (CSRC), launched the ‘Green Securities’ policy, which requires companies listed on the stock exchange to disclose more information about their environmental record. The policy was enhanced in 2008 by the issuance of the ‘Green IPO’ which requires enterprises in energy-intensive industries (Liang Gao industries) to undergo an environmental assessment by the MEP before initiating an IPO or obtaining refinancing from banks.

Organizations covered by the instrument

Large private and listed companies

Target organization notes

all listed company

Industry scope

All/none specified

Disclosure venue

Environmental data disclosure to government

ESG coverage - E (Environment)

All

ESG coverage- G (Governance)

Accountability, Anti-Corruption and Anti-Competitive Behaviour