SSE, SZSE and BSE Released ESG Report Preparation Guidelines

On January 17, 2025, the Shanghai Stock Exchange (SSE), the Shenzhen Stock Exchange (SZSE), and the Beijing Stock Exchange (BSE) issued the Guidelines on Preparation of Sustainability Report (the “Guidelines”), with effect from January 17, 2025. The Guidelines aim to standardize and enhance the preparation and disclosure of Environmental, Social, and Governance (ESG) reports by listed companies across their respective markets.

Among them, the two Guidelines issued by SSE are: SSE Self-regulatory Guidelines No.4 for Listed Companies-Preparation of Sustainability Report and SSE Self-regulatory Guidelines No.13 for Listed Companies of STAR Market-Preparation of Sustainability Report. These Guidelines help listed companies to further clarify how to establish a governance structure and management system compatible with sustainable development, as well as how to identify important issues and carry out specific disclosure work by providing specific work methods, disclosure points and sample texts.

In addition, the SZSE issued SZSE Self-regulatory Guidelines No.3 for Listed Companies-Preparation of Sustainability Report and SZSE Self-regulatory Guidelines No. 3 for Listed Companies of GEM Board-Preparation of Sustainability Report, and the BSE issued the Guidelines for Preparation of Sustainability Reports for Listed Companies on the Beijing Stock Exchange.