To implement the guiding principles of the Third Plenary Session of the 20th CPC Central Committee and the Central Financial Work Conference, and in line with the national green development policies, Shenzhen Stock Exchange (SZSE) has launched a Sustainable Financial Service Platform on the official website. This move aims to further enhance the efficiency of sustainable financial services.
Market participants can access the platform via the "Market Services" section on the SZSE website. The platform offers a one-stop portal for sustainable development resources of the Shenzhen market. The platform is divided into five sections: Listed Company Practices, Sustainable Financial Products, Regulations and Guidelines, International Exchanges, and Training Materials. The Listed Company Practices section offers access to the sustainability reports, case studies, and CNI ESG evaluations of SZSE-listed companies. The Sustainable Financial Products section supports queries on fixed income, infrastructure REITs, funds, indices, and other sustainable financial products in the SZSE market, as well as related announcements. The Regulations and Guidelines section provides access to documents related to sustainable finance issued by the CSRC, SZSE, CGBSC, etc. The International Exchanges section showcases SZSE's efforts to deepen international cooperation in sustainable finance. The Training Materials section provides sustainable finance-related training courses, research reports, and references on international sustainable finance standards.
SZSE has consistently pursued a sustainable development strategy, focusing on building a sustainable financial market ecosystem. We strive to establish SZSE as a leading example of a sustainable exchange and contribute to the achievement of carbon peaking and carbon neutrality goals. Firstly, we have been supporting the clustered development of green industries. With the registration-based IPO reform as the driving force, SZSE has promoted institutional innovation, enabling the rapid development of green and low-carbon industries through the capital market platform. As of now, there are nearly 400 listed companies in the green and low-carbon fields in the Shenzhen market, with a total market value of over 6 trillion yuan, accounting for 20% of the total market value of SZSE-listed companies. Secondly, we guide listed companies and bond issuers to embrace sustainable development. SZSE has issued guidelines for sustainability reports, special corporate bonds, and asset-backed securities, clarifying disclosure requirements for sustainability reports of listed companies, as well as disclosure requirements for the environmental and social benefits of green and low-carbon transition, rural revitalization fixed-income products, etc. This year, a total of 935 SZSE-listed companies have issued 2023 social responsibility or ESG reports, with a disclosure rate of approximately 35%. Thirdly, we work to expand the supply of sustainable financial products. By the end of September 2024, a total of 219.127 billion yuan of green and low-carbon transition, and rural revitalization fixed-income products had been issued, along with 21.608 billion yuan of sustainable development-themed ETFs. Moreover, SZSE listed the first clean energy infrastructure REIT in China and launched 71 sustainable development-themed indices covering ESG and environmental, social, and governance dimensions. Fourthly, we actively participate in global governance on sustainable development. SZSE has supported representative green and low-carbon enterprises in raising funds abroad through the issuance of GDRs and has hosted the Global Investors Conference for four consecutive years, with a focus on sustainable investment. In particular, we have organized several overseas roadshows for SZSE-listed green and low-carbon companies, deepening domestic and international exchanges and cooperation in sustainable finance.
Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and fully implementing the guiding principles of the Third Plenary Session of the 20th CPC Central Committee, SZSE will continue to follow a general work pace of pursuing progress in advancing green finance. We aim to further improve the sustainability information disclosure system, expand the range of sustainable financial products, and integrate green practices into our own operations. Through these efforts, SZSE seeks to promote the construction of a sustainable financial system to attract more patient capital to support sustainable development.
