Archives: climate

On 19 December 2025, the Ministry of Finance of China, in coordination with nine relevant authorities, released the Corporate Sustainability Disclosure Standards No.1 — Climate (Trial) (hereinafter referred to as the “Climate Standard”). The Climate Standard is intended to support China’s goals of carbon peaking and neutrality through top-level design, guiding enterprises from observation to more substantive action. It serves as a policy instrument linking corporate climate governance to capital market behaviour.

On 23 October 2025, the Communist Party of China (CPC) adopted its recommendations for the 15th Five-Year Plan for National Economic and Social Development (2026–2030). The recommendations intend to scale up renewable energy supply, ensure the substitution of fossil fuels, and improve the flexibility and resilience of the national power system. Climate priorities include strengthening carbon governance, enhancing carbon market mechanisms, and building resilience against climate risks. The State Council is now developing the draft outline of the 15th Five-Year Plan, based on the CPC recommendations. During the two sessions in March 2026, the draft outline of the 15th FYP will be reviewed, voted on and potentially adopted before being officially released.

Following the announcement to establish a domestic carbon footprint management system in 2024, the Ministry of Ecology and Environment (MEE), the National Development and Reform Commission (NDRC), and five other government bodies jointly issued the “Guidelines for the Construction of Product Carbon Footprint (PCF) Factor Database” on 12 December 2025.

China’s Ministry of Finance (MoF) issued the “Sustainability Information Assurance Services Standards No. 6101 — Basic Standards (Trial)” in January 2026, following the launch of the Corporate Sustainability Disclosure Standards series in 2024-2025. This establishes a unified regulatory framework for sustainability assurance in China, filling a national regulatory gap in the market and completing the institutional chain from corporate sustainability disclosure to third-party verification.