Lately, a session themed “China’s Path to Decarbonization: ESG Practices and Development” on the sidelines of the 4th Forum for Credit System Construction of Chinese Cities was held in Beijing. The list of winners for the Xinhua Credit “Jinlan Cup” ESG Best Practice Cases was unveiled at the event. The entry submitted by China Shenhua Energy Co., Ltd., “Building a first-class ESG governance system to empower the enterprise’s sustainable development”, was made onto the list as a “pioneering practice case for ESG corporate governance”.
The selection of the best practice cases was initiated by China Economic Information Service under Xinhua News Agency, China Enterprise Reform and Development Society, and Carbon Neutrality Committee of China Energy Conservation Association for the first time, under the theme of ““China’s Path to Decarbonization: Promoting ESG Practices and Building a Green Development Pattern”. The selected cases would be reported on the Xinhua News Agency app.
In recent years, China Shenhua has focused on carbon peaking and carbon neutrality goals, and built an ESG governance model that is guided by strategies, guaranteed with rules and empowered by digital technology and features a clear structure and complete indexes, contributing its successful experience to improving ESG governance of listed centrally administered enterprises in China’s energy industry.