A pedestrian walks in Pudong’s Lujiazui Financial District in Shanghai on January 3, 2023. Photo: Bloomberg
A pedestrian walks in Pudong’s Lujiazui Financial District in Shanghai on January 3, 2023. Photo: Bloomberg

Many Chinese firms are skipping step 1 when it comes to ESG disclosures, says KPMG study of materiality assessments

  • Chinese companies trail behind their global peers in performing the assessments, which should precede any disclosures, KPMG says
  • Materiality assessments are ‘the cornerstone of ESG reporting, as well as the starting point for making valid disclosures’, the firm says in a report

A pedestrian walks in Pudong’s Lujiazui Financial District in Shanghai on January 3, 2023. Photo: Bloomberg
A pedestrian walks in Pudong’s Lujiazui Financial District in Shanghai on January 3, 2023. Photo: Bloomberg
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