商道融绿
China Green Finance Newsletter
China Green Finance Newsletter (July 2015)
2015-08-10
 
China Green Finance Newsletter (July 2015)
2015-08-10
 
1–Topic of the Month

Wind power firm to issue China's first green bond
By Frances Yoon
A manufacturer of wind turbine generators began marketing China's first bond issue, opening another financing channel for Chinese environmental initiatives. The bond issue by Xinjiang Goldwind Science & Technology would be the first Green bond issue from a Chinese issuer. China's central bank is working on a draft framework for Green bonds in the domestic market.    Read more


1–Monthly News Selection

Government

China sets new standards for coal conversion projects (Reuters: July 7, 2015)
China's energy regulator has released new draft guidelines for projects that convert coal to oil or gas, aiming to commit the sector to the strictest possible environmental standards.

Gov't said to draft plan to battle soil pollution problem (Caixin: July 14, 2015)
The central government has drafted a plan to fight China's serious soil pollution problem over the next six or seven years, but lawmakers will have to speed up work on legislation for it to work.

HKEx proposes to upgrade ESG reporting to ‘comply or explain' (Mondaq: July 27, 2015)
HKEx recently published a "Consultation Paper on Review of the Environmental, Social and Governance Reporting Guide" to seek views on its proposed changes to the ESG Guide including the introduction of certain "comply or explain" provisions.

Environment

60,000 jobs: the cost of one Chinese city's cleaner air (SCMP: July 2, 2015)
Since production at 57 polluting factories was suspended, Linyi's air quality has significantly improved. But the price paid for the green achievement, threatened financial and social stability, has made many locals unhappy.

Kind of blue: China's air pollution not as terrible as before (The Wall Street Journal: July 22, 2015)
Among 189 cities examined by Greenpeace, PM2.5 levels in the first half of 2015 were down an average of 16% compared to the same period last year.

Corporations

Qingdao court agrees to hear NGO's lawsuit over oil spill (Caixin: July 28, 2015)
A NGO filed a lawsuit against state-owned CNOOC and ConocoPhillips Co. in a maritime court. It wants the oil companies to restore the environment to what it was like before the spill in the Bohai Bay.

Mead Johnson paying $12m to settle US bribery charges (The New York Times: July 28, 2015)
Mead Johnson has agreed to pay $12 million to settle federal civil charges that its Chinese subsidiary bribed hospital professionals to recommend its infant formula to new or expecting mothers who were patients.

Trends

The business opportunities behind China's COP 21 pledges (GreenBiz: July 8, 2015)
Behind China's new pledge to reduce the carbon intensity of its economy by 60 percent, peak its emissions and generate a fifth of its electricity from clean sources by 2030 are some huge business opportunities.

Could China, the world's biggest carbon emitter, ever go green? (Time: June 23, 2015)
The central government has started creating incentives for companies to invest in renewable energy and has been investing heavily in the solar industry, but faces serious implementation challenges.


2–Reports of the Month

Perspective of ESG Interaction in Equity Investing
(Calvert: July 2015)

This study examines several approaches for introducing ESG factors into the investment process and assesses their efficacy from a portfolio management perspective. Results for all three approaches demonstrate that incorporating ESG factors into investment decisions enhances risk-adjusted returns. Findings are explained, in part, by arguing that proactive management of ESG issues is a good proxy for high management quality and effective capital stewardship.

Download

Exchanges and ESG Initiatives - SWG Report and Survey
(World Federation of Exchanges: July 2015)

This report examines the extent to which WFE members already engage with sustainability initiatives or not and what the prospects are for closer involvement by the exchanges with such projects in the near future. This report takes into account the diverse economic and regulatory environments in which exchanges operate and takes into account that a 'one-size-fits-all' approach will neither be possible nor effective. In the end, this report suggest remarks and potential further steps.

Download

Carbon Matters: A Review of Listed Companies' Carbon Disclosure and Performance in Hong Kong
(Trucost: July 2015)

This study reviews how companies listed on the HKEx manage their exposure to climate change risks and opportunities. It examines both the carbon disclosure level and carbon management performance of 100 selected listed companies between 2011 and 2013. The study also makes reference to the experience of other major stock exchanges, reporting companies and investors in other markets.

Download

China's New Era of ESG


(MSCI: July 2015)

China's New Era of ESG points out that by all indications, pursuit of economic transformation in China will enhance the materiality of ESG factors for investors. This report highlights that environmental law reforms, anti-corruption investigations & mixed ownership and privatization reforms among Chinese SOEs are key factors in China's economic transformation.

Download

 
CONTENT

1- Topic of the Month
2- Monthly News Selection
3- Reports of the Month


语言

点击此处阅读本期在线中文版。

ABOUT US

China Green Finance Newsletter is a monthly newletter developed by SynTao Green Finance. 

SynTao Green Finance is founded by SynTao and provides tailored consulting, research and training services in environmental, social and governance (ESG)  risk management, green finance product innovation, and other sustainable finance perspectives.

26th China SIF

Dialogue between Swedish SRI Consultancy and Chinese Peers on SRI Practices
The event was held in the form of roundtable discussion with Ethix SRI Advisors. With the theme “the Value of the UN Global Compact”, the participants of the roundtable expressed their own experiences on how to manage opportunities and risks on corporate social responsibility (CSR) and investor’s viewpoint on CSR performance.   Read More

Join China SIF

SUBSCRIBE

To subscribe, please send an email to contact@syntaogf.com with the subject “Subscribe”.

Archives

June 2015
May 2015
April 2015
March 2015
and More

CONTACT US

For more information, please contact:
Ms. LIU Yujun
Email: liuyujun@syntao.com
Phone: 86 10 58699466 ext. 8024
Fax: 86 10 58699466 ext. 8011
Web: syntaogf.com
         esg.syntao.com

 

If you no longer wish to receive this newsletter, please send an email to contact@syntaogf.com with the subject “Unsubscribe”.
 

Our Services     |  Solutions       Cases           |  China SIF
Press Releases  |  Publications  |  Newsletter
About Us  |  Experts  |  Team Members  |  Partnerships  |  Contact Us | Careers

Follow us   

Click Here to subscribe, or fill in email below and click GO.

......Read the Latest Newsletter

© 2015-2020 SynTao Green Finance, All Rights Reserved  |  Contact Email: contact@syntaogf.com  |  京ICP备20006188号-1