Last year, the International Finance Corporation (IFC) produced a report, the goal of which was to help the Shanghai Stock Exchange (SSE) improve the quality of sustainability reporting by Chinese companies.
While SSE was “one of the first stock exchanges to issue a directive for companies to publish a sustainability report,” IFC noted, “Existing frameworks provide guidance that is either too vague or too broad.” One way in which stock exchanges can encourage corporate sustainability reporting, IFC found, is by establishing sustainability indexes, as has been done in South Africa and Brazil.
via Shanghai Stock Exchange to Launch Sustainable Development Industry Index.
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