Is China leading the way on ESG and sustainability? Listen to Nana Li, Head of Sustainability and Stewardship, Asia-Pacific at Impax Asset Management
Last year, China issued its Corporate Sustainability Disclosure Standards, aligning its corporate sustainability reporting requirements to the ISSB and the EU’s CSRD with its double materiality approach. But with the EU’s own sustainability legislation in the process of being simplified, has China now become the world leader on sustainability?
This week on the Frankly Speaking podcast, Richard Howitt was joined by Nana Li, Head of Sustainability and Stewardship, Asia-Pacific at Impax Asset Management.
Together they discussed what the recently issued Chinese Corporate Sustainability Disclosure Standards mean for Chinese companies, and why China appears to be moving forward on corporate sustainability precisely when the United States and Europe seem to be moving backwards. You’ll also hear more about:
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Is it really is possible for companies to "do the right thing"?
There's very little pressure being applied to companies by investors looking at how they're actually behaving and treating human rights as a core business priority. This needs to change.
Investors shouldn't just take companies' word for what they're doing; they should investigate what the companies are actually doing regarding human rights.