ESG and Corporate Sustainability for EU diplomats in China

EU regulators are taking a global lead in ensuring companies implement more sustainable business practices. The three areas in focus are often classified as Environment, Social and Governance (ESG). ESG frameworks have for a long time been used by many companies on a voluntary basis, but the increased number and scope of regulations are now shifting ESG to a key concern for European companies globally.

Given the current geopolitical climate, the ESG regulations are often mentioned in relation with trade barriers or similar.

Some relevant regulations include

• EU CSRD: Corporate Sustainability Reporting Directive
• EU CSDDD: Corporate Sustainability Due Diligence Directive
• EU ESPR: Ecodesign for Sustainable Products Regulation
• CBAM: Carbon Border Adjustment Mechanism

Although sustainability, greenhouse gas emissions reductions and the "green shift" have been high on the agenda for EU governments and foreign missions, the ESG frameworks are more from the company side, and it is highly beneficial for diplomatic staff working in the intersection of private sector and sustainability to understand ESG concepts.

China is also rapidly implementing local ESG regulations which are relevant in an increasing number of dialogues in China.

What you will learn from this training session:

• The key concepts of ESG and sustainability from company perspective
• Key elements of new EU regulations such as CSRD and CSDDD, and implications in China
• Most important trends in China related to sustainability and ESG
• Using ESG reports as a tool when discussing sustainability with various partners.

"It was a unique opportunity to delve into the latest trends and practices in Environmental, Social, and Governance.

A special thank you to Heidi Berg for her thorough and engaging presentation, and to share insights into implementing ESG strategies that were both informative and inspiring" - COO at Danish company in China

DI-Asia Base is the China operation of the leading Danish industry organization Confederation of Danish Industries. For more information, see www.di-esg.com​