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China Shenhua Recognized as ESG Model Company

Author: Source: Pubdate: 2021-12-22 Font size:【L M S

The China ESG Forum Winter Summit 2021 was held on December 3. Peng Huagang, Party committee member and secretary general of the State-Owned Assets Supervision and Administration Commission (SASAC) of the State Council, attended the summit. Also present were representatives from the SASAC, the Chinese Academy of Social Sciences, China Association for Public Companies and some centrally-administered enterprises.

China Shenhua was included in the first batch of model companies with outstanding environmental, social and governance (ESG) performance. It is also the only public company with shares held by a centrally-administered enterprise making the list.

Ten companies were on the list of ESG model companies. China Energy Investment Corporation, the parent company of China Shenhua, also made the list. Over the past years, China Shenhua has been committed to ESG practices and innovation. With digital management as the focus of efforts, it has been working to create a leading ESG system and cementing the foundation for ESG performance. With remarked progress in ESG performance, it has contributed unique experience with characteristics of public companies with stocks held by centrally-administered enterprises.

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