Wu Jiaqing of East West Bank: Companies need to pay attention to three aspects to improve their ESG practice capabilities

Wu Jiaqing, Chairman of the Asia Pacific Operations Committee of East West Bank and former Chairman and Managing Director of MSCI Greater China Operations Committee, spoke at the "China ESG Role Model Power" ESG Leaders Organization Forum jointly hosted by Sina Finance and Haier Group...

Improving corporate ESG practical capabilities

Wu Jiaqing pointed out that when companies improve their ESG practice capabilities, they need to pay attention to three main aspects. First of all, companies should pay attention to environmental protection, actively take measures to reduce carbon emissions, and promote sustainable development. Secondly, enterprises should pay attention to social responsibility, actively participate in public welfare activities, and give back to society. Finally, companies should strengthen corporate governance and establish a transparent and responsible management mechanism.

Environmental protection measures

At the forum, Wu Jiaqing emphasized the importance of environmental protection. He said that companies should actively promote environmentally friendly production methods and reduce their impact on the environment. Through technological innovation and the application of green energy, enterprises can achieve a win-win situation of environmental protection and economic development.

social responsibility participation

In addition, Wu Jiaqing also emphasized the importance of companies actively participating in social responsibility activities. He believes that enterprises should not only pay attention to their own interests, but also care about the development and progress of society. By supporting public welfare projects such as education and poverty alleviation, companies can make greater contributions to society.

Transparent corporate governance

Finally, Wu Jiaqing mentioned the importance of corporate governance. He believes that companies should establish a sound corporate governance mechanism to ensure transparent and responsible corporate operations. By establishing effective supervision mechanisms and internal control systems, companies can improve their risk management capabilities and safeguard the rights and interests of shareholders and stakeholders.