Research Summary on ESG Policies and Regulations - Germany
206
Research Summary on ESG Policies and Regulations Germany Germany has always been heavily involved in environmental, social and corporate governance, which is reflected in their formulation and development of policies and regulations. However, so far, its capital market has failed to reflect Germany's leading position in sustainable development finance, and the relevant laws and regulations on sustainable development of capital market are not nearly perfect. At the same time, in recent years, the importance and development of sustainable finance in the EU and G20 member countries also prompted the German government to accelerate its promotion of sustainable finance. Generally speaking, ESG policies and regulations in Germany have the following characteristics: 1. Sustainable development should be based on national conditions and focus on energy transformation; 2. Continuous optimization of sustainable development policy, emphasizing on comprehensive coverage of ESG; 3. Attach importance to the participation of small and medium-sized enterprises and create a sustainable development culture with multi-party participation; 4. It is closely related to EU ESG policies and promotes each other; 5. In recent years, intensive policies and regulations have been issued to comprehensively lead sustainable development; 6. Sustainable financial market supervision needs to be strengthened, and group motivation can play an important role. Read the full article in Chinese |