Under the Current Global ESG Landscape: How to Improve China's ESG Information Disclosure System and Policy Recommendations

Abstract

this study explores the current development status of ESG concepts globally and in China, analyzes the current situation and differences of ESG information disclosure at home and abroad, and points out the challenges faced by ESG information disclosure in China, such as the lack of mandatory disclosure requirements and inconsistent disclosure standards. The article puts forward policy suggestions for improving the ESG information disclosure system in China, including incorporating ESG concepts into laws and regulations such as the Company Law, improving information disclosure requirements in specific fields such as environmental protection and labor law, emphasizing that large enterprises should play a leading role in promoting the in-depth practice and promotion of ESG concepts in China, and building an ESG ecosystem that conforms to international trends and has Chinese characteristics to promote the sustainable development of enterprises and the improvement of overall social welfare.