ESG is the abbreviation for Environmental, Social, and Governance in English. It is a business development concept and evaluation standard that fully focuses on non-financial performance such as corporate environment, society, and governance. Based on ESG evaluation, investors can evaluate the correlation between their investment behavior and the contribution of the enterprise in promoting sustainable economic development and fulfilling social responsibilities by observing the ESG performance of the enterprise.
Environmental aspects: carbon and greenhouse gas emissions, environmental policies, waste pollution and management policies, energy use/consumption, policies for the use and management of natural resources, especially water resources, biodiversity, water management, etc
Social aspects: occupational health and safety, employee rights protection, diversity and equal opportunities, labor norms, product responsibilities, labor standards, labor relations, consumer rights protection, employee participation, etc
Governance aspects: corporate governance, corruption and bribery policies, anti unfair competition, risk management, tax transparency, fair labor practices, ethical code of conduct, accounting standards, board composition, talent cultivation and reserve
