China's 15th Five-Year Plan: The Green Targets, a New Disclosure Regime, and What They Mean for Global Business
China's 15th Five-Year Plan signals record clean energy investment alongside expanding carbon markets and mandatory ESG disclosure. $550 billion in grid modernisation. 100 GW offshore wind by 2030. But the emissions target is weaker than before, and coal retains an undefined role. For ESG professionals, the opportunity and the ambiguity are equally real.
“While directly serving their customers, companies should indirectly serve the interests of society by taking responsibility for the holistic impact of their activities. Its simply a more broad view of value creation. This is what ESG is all about.”
Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth