Research Summary on ESG Policies and Regulations - France

Research Summary on ESG Policies and Regulations

France

Since 2001, France has begun to regulate corporate governance of environmental, social and human rights issues through non-financial information disclosure. In the past 20 years, through constantly improving and revising relevant policies and regulations, France has established a relatively comprehensive ESG policy and legal system, which has played a positive role in promoting the development of sustainable economy.

From the development of French ESG, we can see that government policies have always played an important role. Under the guidance of government policies and regulations, the management of enterprise ESG in France, especially the management policy of ESG information disclosure, has always been in the forefront of Europe. The guidance of French investors has also actively promoted the development of its sustainable financial market.

The specific characteristics include but are not limited to the following:

1. The government promotes compulsory ESG information disclosure

2. Pay attention to the leading role of leading enterprises

3. ESG policies are innovative and flexible

4. Positive interaction between sustainable development strategy and EU

5. Climate change elements become the core of ESG policies and regulations

6. The leading role of the central bank in releasing the market effect

7. Sustainable financial market develops rapidly

8. Sustainable financial markets still need to focus on social issues

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