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Green Securities Policy

China Current 2008

MEP in partnership with the China Securities Regulatory Commission (CSRC) produced the policy. An integral component of the policy is the environmental disclosure regulation, which directs publicly traded Chinese companies in 14 highly polluting industries to report required environmental information.

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

Status

Current

Country

China

Region

Asia Pacific

Date of publication

2008

Issuer type

Governments (governmental department, agency)

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

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