ESG (environmental social and governance) refers to the investment philosophy and corporate evaluation standards that focus on corporate environmental, social, and governance performance. It is a key factor that affects investor decision-making and measures corporate sustainable development capabilities.
Environmental refers to the impact of an enterprise on the environment during its operations, including the use of energy and resources, waste treatment, discharge and pollution control, etc. Social focuses on the relationship between an enterprise and its employees, suppliers, customers, communities and other stakeholders, including labor rights, human rights, diversity and community responsibility. Governance involves the management structure, ethical guidelines, transparency and corporate Governance practices of enterprises.
ESG certification is a voluntary certification program, which evaluates the performance of customers in accordance with the "Corporate ESG Management System Requirements" and certification services, conducts third-party evaluation of ESG management practices, and issues certificates to customers who meet the standards. The ESG certification audit is based on ESG risk assessment, and adopts environmental, social and governance standards and related ESG standards, including ESG evaluation and ESG management system certification standards.
Following the principles of application, fairness, balance, comparability, confidentiality, etc., comprehensively considering the negative impact of enterprise business development on the social environment and positive value creation, and establishing an evaluation index system from the three sectors of environment, society, and governance, including a total of 7 first-level indicators, 38 second-level indicators, and related veto indicators and bonus indicators.
○ T/CAQ 10117-2022 Corporate ESG Management System Requirements
○ T/CAQ 10118-2022 Corporate ESG Evaluation Guide
○ Evaluate the ESG performance of enterprises and certify the ESG management system.
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