1、WHITE PAPER ON ESG PRACTICES IN CHINAWHITE PAPER ON ESG PRACTICES IN CHINAShui RuqingChina Central Depository&Clearing Co.,Ltd All good principles should adapt to changing times to remain relevant.Since the concept of ESG was first put forward,its practice has gradually become an effective way of pr

2、omoting sustainable development and a global trend.China has always been an advocate,participant and promoter of global sustainable development.Guided by policies,Chinas ESG practice is in the ascendancy.More and more enterprises and financial institutions have incorporated environmental and social

3、benefits into their business objec-tives,striving to achieve long-term sustainable development with win-win results for all parties.Adhering to the original mission as a key financial institution,CCDC responded to the national 14th Five-Year Plan and the strategic goals of carbon peaking and carbon

4、neutrality.We released a series of green-themed products,researched and established the Green Bond Environmental Impact Disclosure Indicator System,as well as innovated green bond collateral management services.We have been continu-ously improving the sustainable financial services system and have b

5、een widely recognized by authorities and market institutions.Since 2020,CCDC has launched an ESG evaluation system that takes into account international standards and specifications as well as the characteristics of the domestic market.This system pioneers the full coverage of Chinese bond issuers a

6、nd other listed companies,and compre-hensively assists with the high-quality development of Chinas financial market.After many years of dedication in the field of sustainable finance,this year the CCDC and the Internation-al Capital Market Association(ICMA)jointly compiled the White Paper on ESG Pra