News posting

International Progress and Chinese Practice on Climate

Posted: Monday, August 16, 2021

The recent Code Red warning regarding the Intergovernmental Panel on Climate Change (IPCC) AR6 report reminds us that humanity has little time to avoid a catastrophic hothouse Earth environment. However, the vast gaps in policies and investment for mitigation, adaptation, and sustainable development are the reality we must face honestly with more systematic and economic thinking. Enterprises worldwide are critical players in the puzzle. They can be responsible leaders setting and then implementing emission reduction plans with vigour to reduce our collective vulnerability while enhancing their physical, social and economic resilience. Moreover, more and more enterprises are positively yet passively engaged in climate actions through climate-related financial disclosure and environmental, social and governance reporting (C-ESG hereafter).

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