China’s green finance boom lacks ESG data
Regulators demand greater ESG disclosure as China’s emissions goals drive acceleration of green financing
Banks and other lenders to China’s net-zero transition are struggling to measure carbon emissions in their rapidly expanding portfolios of green assets because of the low quality and paucity of ESG data disclosed by Chinese companies, according to industry insiders and analysts. “The available data is quite limited,” says Guo Peiyuan, chairman of Syntao Green Finance, an ESG data and analytics provider in China. “This is already quite difficult for the listed [company] universe. For the small private companies, it is even more difficult.” Incomplete or unreliable corporate data is especially problematic for commercial banks due to their large customer base. “They have lots of lending custome
Also in this section
24 January 2025
Progress on the energy transition has slowed or even stopped, with greater societal engagement we can revitalise it
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector