On March 4, the “green value practice responsibility” – Sustainable Development (ESG) forum under the strategic goal of “double carbon” hosted by Guangzhou private equity fund association was held in Guangzhou. The guests discussed the importance of practicing the ESG (environmental, social and Governance) concept to enterprise development, opportunities and challenges under the ESG investment boom and other hot topics.
Wei Dahua, chairman and general manager of Guangzhou Industrial Investment Capital Management Co., Ltd. and President of Guangzhou Private Equity Fund Association, said in his speech that China has entered the fast lane of ESG development under the guidance of the “double carbon” strategy. The forum will discuss the development of China’s ESG from the aspects of rating standards, industry practice and international exchanges, which is of great practical significance for realizing the strategic goal of “double carbon”, leading the industry to change investment ideas, and exploring the road of green, low-carbon transformation and high-quality development.
It is reported that ESG is an important concept and evaluation standard for enterprise management and financial investment rising in recent years. It mainly focuses on enterprise environment, society and governance performance rather than financial performance.
Zhang Rong, chief representative of the South China region of the Beijing stock exchange, gave a lecture on the background and significance of the establishment of the Beijing stock exchange, the main contents of the rules and the market development. He introduced that the South China base of the new third board, as the first market service base established abroad by the national stock transfer company, is located in Liwan. It is based on Guangdong and radiates South China. Since its preparation and operation, it has given full play to the role of the front line of the service market and gradually built into a comprehensive service platform of the new third board with national influence and radiating Guangdong, Hong Kong, Macao, the Great Bay area and South China.
Sui Li, Secretary of Guangzhou Automobile Group Co.Ltd(601238) board of directors and chairman of GAC Capital Co., Ltd., said that paying attention to ESG strategy is not only the expectation of investors and consumers, but also the internal need of the enterprise’s own development. The core is to strike a balance between business value and social responsibility. ESG constructs a new coordinate system to measure the company’s value from the long-term dimension. Such a corporate value coordinate system not only considers the multi-dimensional interests of stakeholders, but also conforms to the long-term interests of shareholders. Therefore, under the guidance of ESG strategy, enterprises can achieve the win-win goal of enterprise value and social value.
Liu Qiuhua, Secretary General of Guangzhou Private Equity Association, said that facing the future, Guangzhou Private Equity Association will give full play to its platform function and pivotal role, persevere in deepening the concept of green investment and sustainable development, adhere to value investment and responsible investment, promote the industry to take more responsibilities for the environment, society and employees, and work with all parties, Jointly explore the high-quality development path of the industry.
