On June 14, 2024 , the online forum "ESG Innovation and High-quality Development of Enterprises" hosted by the Yabuli Zero Carbon Ambition Program was successfully held. The forum brought together more than 30 industry experts from the government, enterprises, academia and ESG rating agencies, focusing on a number of important topics such as ESG information disclosure, sustainable development to help business operations, ESG compliance risks and countermeasures for going overseas to Europe , interpretation of ESG rating methodology and improvement of ESG reports, aiming to promote enterprises to improve their ESG practice level and achieve high-quality development.
As a leader in the field of ESG rating in China, China Chengxin Green Finance was invited to participate in this forum. Wang Qian, President of CCXGFI, gave a speech entitled "China Chengxin Green Finance ESG Rating Methodology"; Professor Mao Zhenhua, founder of China Chengxin Group, chief economist of China Chengxin International, and professor of the School of Business and Economics of the University of Hong Kong, delivered the closing speech.
Ms. Wang Qian from China Chengxin Green Finance International analyzed the ESG disclosure and regulatory policies in the current Chinese capital market in her speech. Wang Qian pointed out that ESG rating has become the key for enterprises to enhance their brand image and competitiveness. Wang Qian emphasized that China Chengxin has established an ESG rating system suitable for China's national conditions to comprehensively analyze the ESG performance and risk exposure of enterprises, and help enterprises achieve high-quality development. At the same time, in the investor service sector, China Chengxin ESG database covers data from nearly 10,000 listed companies and bond issuers, helping investors make ESG investment decisions. On the other hand, Wang Qian pointed out that the introduction of international ISO standards can effectively help enterprises improve their ESG management level and capabilities, especially through ISO standards and third-party certification to help enterprises achieve breakthroughs in ESG weak areas and enhance credibility. Wang Qian believes that the introduction of the ESG rating system and standardized management will not only help enterprises optimize resource allocation and reduce operating risks, but also lay a solid foundation for their future sustainable development.
Professor Mao Zhenhua, founder of China Chengxin Group, chief economist of China Chengxin International, and professor of the School of Business and Economics of the University of Hong Kong, reviewed and analyzed the evolution and development of global ESG from a macro-political and economic perspective. On the one hand, the discussion of ESG-related issues is of self-evident importance to human society. On the other hand, developed and developing countries are at different stages of economic development, and the right to develop the economy should be fair. The Chinese government has made important dual-carbon commitments . Through a practical path with Chinese characteristics, it has taken the lead among developing countries and provided the world with useful Chinese experience. China Chengxin Group has made active explorations and investments in the field of ESG: as a credit rating agency, China Chengxin took the lead in building an ESG evaluation system in China, its certification company is engaged in ESG-related certification business, and China Carbon Technology Company is engaged in carbon verification and carbon emission management business. Professor Mao emphasized that at a time when China's economy has entered a new stage of high-quality development, enterprises going overseas must keep in mind the ESG mission of the times. He encouraged all parties to establish a good ESG ecosystem to contribute more to the high-quality development of Chinese enterprises, to enhance the competitiveness of Chinese enterprises, and to China's development of human society.
The forum was live-broadcasted online, with 1.5 million viewers. The Yabuli Zero Carbon Ambition Plan uses ESG as a key focus to establish a broad international industry-university-research ESG partner network, and jointly establish Chinese ESG benchmark companies with international influence. As a first-class green and sustainable financial service provider, China Chengxin Green Finance International will give full play to its professional capabilities in green financial services and work with global partners to promote the development and innovation of the ESG field.
