ESG News | May


Selected Monthly ESG News

Green Finance

1. Climate Bonds Initiative and SynTao Green Finance Released the "China Green Bond Investor Survey 2022"

On May 5, the Climate Bonds Initiative and SynTao Green Finance jointly released the "China Green Bond Investor Survey 2022" report. The survey results show that the interviewed investors believe that green qualifications and credit basis are the keys to further enhancing the attractiveness of green bonds in the Chinese market. By the end of 2021, China has been the world's third-largest sustainable related bond market, after the United States and France.

Sustainable Investment

1. Tencent Released “Tencent Sustainable Social Value Report 2021”

On May 16, Tencent released “Tencent Sustainable Social Value Report 2021”, which is Tencent’s ninth CSR reports in succession. The report suggests that Tencent's way to implement sustainable social value innovation in 2021 is "co-creation". Take WeChat as an example. Webchat’s ecology generated 36.84 million jobs in 2020, an increase of 24.4 per cent over the same period last year. Under the WeChat ecology, products such as WeChat Mini Programs, WeChat Channels and WeChat Pay have gradually formed a commercial system of a certain scale. In 2021, WeChat Mini Programs had more than 450 million daily active users, an increase of 32% over 2020, while active Mini Program increased by 41%. What’s more, Mini Program developers exceeded 3 million and earned a stable income at the same time.

ESG Investing

1.CNKI Investigated for Suspected Monoply

On May 13, according to the previous audition, the State Administration for Market Regulation legitimately filed an investigation into the suspected monopolistic behavior of China National Knowledge Infrastructure (CNKI). Before this, six universities have chosen to terminate their cooperation with CNKI because of its expensive costs. The reason given by Peking University is that "the price appreciation of database merchants is too high", while Wuhan University's explanation is more specific: "the excessive price increase of CNKI has been resisted by many universities across the country, including many well-known 985 universities. Since 2000, the price quoted by CNKI to our school has increased by more than 10% every year. From 2010 to 2016, the quoted price increased by 132.86%, with an average annual increase of 18.98%. "

Carbon Finance

1. Huawei to Urge Suppliers into Carbon Emission Reduction

On May 24, at the 2022 Huawei Supplier Carbon Emission Reduction Conference, Huawei claimed that it had integrated environmental protection into the procurement quality priority strategy and the entire procurement business process to put forward carbon emission reduction requirements for all suppliers. Huawei has more than 100 suppliers in the whole industry chain, including Samsung, Microsoft, Hynix, Texas Instruments, Panasonic and other industry leaders. In addition, to achieve the sustainable development of the supply chain, Huawei required suppliers to fulfil their social responsibility. For suppliers with good CSR performance, Huawei will increase its procurement share under the same conditions and provide business cooperation opportunities with priority to these suppliers.

Article classification: ESG News

(0755) 86538253

Office building 2110, Haofang Tianji Plaza,

11008 North Ring Road, Nanlian Community,

Nantou Street, Nanshan District, Shenzhen

Sustainable Development Value Assessment
SV99 Index and Ranking
ESG Investing Frontiers Forum
SDGs Unicorn Accelerator

Business Partnerships:
Media & Communications:
Job Application:
Donation & Query: