Corporate Ecology Urged In China – Zhang Qi
From China Daily:
In addition to prices, earnings ratios and dividends, there is now another benchmark for stock market investors to watch – corporate environmental performance.
The State Environmental Protection Administration (SEPA) is proposing to force publicly listed companies to regularly disclose environmental information through new rules that could be finalized in the next six months, Ge Chazhong (葛察忠), an official affiliated with the SEPA says in a telephone interview.
The latest requirement comes not long after environmental disclosure and inspection regulations were strengthened for companies applying for IPOs. [Full Text]