On September 9, the "Sustainability and Harmony with the World——Menglang Establishment Conference" hosted by Menglang Sustainable Digital Technology (Shenzhen) Co., Ltd. ("Menglang") was held in Shenzhen. Guests from all walks of life from politics, business, academia, and society gathered together to discuss how to use the power of business and capital to create a good and sustainable future together around topics such as business for good and capital for good.
Menglang Chairman Ma Weihua delivered an opening speech. He Jie, Director of Shenzhen Local Financial Supervision and Administration Bureau, Song Zhiping, Chairman of China Association of Listed Companies , and Dai Wende (remote), deputy representative of United Nations Development Programme in China attended Press conference and deliver a keynote speech. Li Wen, Chief Research Officer of Menglang, Chairman and Chief Research Officer of Hurun Report, Hurun, Secretary of the Board of Directors of China Merchants Shekou Liu Ning, Goldwind Technology Vice President/Chairman Secretary Ma Jinru, Peking University Yao Yang, Dean of the National Development Research Institute, Wang Xinming, Vice President of China Health Industry Investment Fund, Liu Xiao, Vice President of Caijing Magazine, Bai Bo, CEO of Green Motion Capital, Li Zongguang, Chief Economist of China Renaissance Capital, Ge Xing'an, Chief Consulting Officer of Menglang , Luo Shiyi, General Manager of the Green Finance Department of Industrial Bank, Jiang Xiangyang, Chairman of Boshi Fund, and other guests attended the roundtable dialogue to discuss how ESG can reshape the new sustainable development ecology, and how financial institutions can embrace the “dual carbon” goal and other key issues.
The era calls for righteousness and profit assessment, and the alliance wave came into being
In recent years, the " gray rhino" in the global economic, social and environmental fields has continued to face extreme weather, frequent plagues, and poverty. With many uncertainties brought about by wealth disparity, economic imbalances, and anti-globalization, a consensus on sustainable development has gradually formed. The promotion of sustainable development is inseparable from concrete and practical actions. Quantitative standards, tools, and evaluation and certification are becoming the call of the times.
At the press conference, Ma Weihua said: To achieve sustainable development, China shoulders an important mission.Chinese enterprises are the key responsible parties and major contributors to the realization of the sustainable development goals. However, to achieve sustainable development and transformation, enterprises need third-party assessment services that take account of justice and profit. Third-party assessment will not only provide companies with tools to comprehensively measure their own comprehensive value and sustainable development, but also make such assessments more professional, credible and open, and help foster a healthy ESG ecology.
"Although the international assessment agencies have many years of history, there are many large and small rating agencies , but to date, there are not many assessment agencies that systematically evaluate the social value of enterprises, and they rarely see economic benefits. The evaluation criteria and successful cases of a company are comprehensively evaluated from the perspective of consistency with social values. Therefore, in response to the call of the times, Menglang was born at the right time. Fair third-party evaluation is the historical mission and sacred responsibility of Menglang.
It is understood that up to now, Menglang has collaborated with financial institutions, listed companies, academic institutions, policy research institutions and other domestic and overseas organizations to gather top domestic and foreign experts and scholars to benchmark the global ESG evaluation system, based on the local Chinese market. Jointly developed a comprehensive evaluation of corporate financial and non-financial sustainable development value management system covering 28 industries-Yili Evaluation (also known as "FIN-ESG Rating", that is, "FIN-ESG" evaluation).
According to Li Wen, the chief research officer of Menglang, the Yili assessment not only covers E (environment), S (society) and G (governance), but also systematically examines the business ethics and values (N) of the enterprise, and measures the enterprise The company’s innovative development capability (I) and organically combine the above evaluation indicators with the company’s financial performance (F) to form a complete standard system that systematically considers the company’s sustainable development drive, innovation and transformation. This evaluation system integrates the indicator elements of the international ESG rating and fully integrates the reality of China's economic and social development. It is more systematic and logical to improve organizational performance management than simply focusing on corporate ESG risks. Therefore, Menglang's expert team also calls it "better ESG" evaluation.
At the meeting, Song Zhiping believed that Menglang’s “FIN-ESG” evaluation system is of great significance to the sustainable development of listed companies.De Wende analyzed the necessity and urgency of sustainable development from a global perspective. He believes that Menglang can not only promote capital investment in sustainable development-centric business activities, but also promote corporate governance mechanisms and sustainable development as a professional organization. Keep the goals consistent, and at the same time promote the fair transformation of carbon emission-intensive industries.
's original " FIN-ESG " evaluation system, the key to practicing good sustainability
In the near future, green and low-carbon development, promotion of rural revitalization, common prosperity, financial supply-side reform, etc. The series of policies have also allowed listed companies and financial institutions to pay more attention to ESG and "dual carbon" practices. How to effectively guide business and capital to be good has become an urgent problem to be solved.
In the roundtable dialogue on “Business for Good: ESG Reshaping the New Sustainable Development Ecology”, Hu Run said that from a global trend, wealth is concentrated faster and faster, but philanthropy has not kept up. How to make wealth and philanthropy Correlation with other social values is a very meaningful research topic. In Liu Ning's view, a company's strategy can only go further and more steadily if it matches the company's social responsibilities, industry status and the needs of social development. Ma Jinru said that as a company, whether from the perspective of the capital market or the performance of social responsibility, organizations like Menglang are very welcome to give companies a better guidance from the perspective of professional, independent third parties and social values.
In the roundtable dialogue of "Capital for Good: Financial Institutions Embrace the "Double Carbon" Goal-Understanding, Benchmarking and Integration", Ge Xing'an said that if financial institutions want to better embrace the "dual carbon" goal, they need to go through The three necessary stages of "understanding, benchmarking and integration".
He explained that "understanding" means that financial institutions must accurately grasp the essence of the "dual carbon" goal and the important relationship between financial institutions and the realization of the "dual carbon" goal. "Benchmarking" means that financial institutions should implement their financial functions of resource allocation, market pricing and risk management and related business development to the practical path, industry, industry, and enterprise of the "dual carbon" goal.Facilitate the development of "dual carbon" related industries, industries and enterprises. And "integration" emphasizes that financial institutions should internalize the path of "dual carbon" goals into internal strategies, plans, processes, systems, tools, and products in the course of business development, and truly integrate with the business operations of financial institutions.
Jiang Xiangyang said that currently about 3/4 of the listed companies in China have not continuously disclosed ESG sustainability reports. Under such circumstances, it is especially hoped that Menglang Technology will be able to use big data in the future to provide the market with a set of recognized, followable, and willing to adopt standards, so that the financial market will be more effective in achieving the "dual carbon" goal. in accordance with.
Bai Bo recalled that when I started to be a green impact investment institution in 2016, there was no special institution in the market to do relevant quantitative analysis and evaluation work. I had to do it myself, which was very hard and cost a lot of money. "Today, I very much look forward to Menglang being able to do the industry standardization work as soon as possible, so that we can jointly realize the quantification of influence and bring a double harvest of environmental and financial returns."
In Ge Xing'an's view, this is precisely Menglang's work. Important task. Through advanced technology to obtain public information from enterprises, Menglang has constructed scientific evaluation indicators and models, and developed standardized tools for financial institutions—the righteousness assessment and the “carbon harmony”, which greatly improved the collection and integration of financial institutions. Analyze the efficiency of data and effectively promote its realization of the "dual carbon" goal.
start 2 0 More ecological partners signed to build a new sustainable development ecosystem
It is worth mentioning that the Menglang sustainable ecological partner signing ceremony was also held at the press conference. Up to now, Menglang has reached cooperation with more than 20 companies and institutions including China Construction Bank, Huaxing Capital , Bosera Fund .
"The Eco-Partnership Program is of great significance to building a sustainable development ecosystem and bringing together diverse, multi-level and multi-dimensional stakeholders to participate in reshaping business civilization."In the eyes of Menglang CEO Bai Hong, realizing the real "business for good and capital for good" cannot be achieved without the multi-party coordination and joint promotion of politics, business, academia, and society.
is the first batch to join Menglang ecology Tristan Ace, chief product officer of Asian Venture Philanthropy Network AVPN, one of the organizations of the partnership program, believes that independent evaluation and assurance of social influence propositions are essential to promote systemic change and achieve sustainable development goals, and Menglang will play a role in it. Key role.
According to Bai Hong, Menglang has officially launched Menglang.com. Menglang is not the official website of Menglang, but a vertical portal for sustainable development value management and the first sustainable value creator in China. And a gathering place for followers. Menglang.com provides ecological partners with ESG and sustainable development information, industry research insights, multi-dimensional data, quantitative assessment, certification training, risk management and customized consulting, standardized products, etc. A series of services help companies and institutions to implement ESG development concepts, benefit from sustainable development management, and create social value while achieving long-term sustainable development of the company.
The innovation and professionalism of the Menglang and FIN-ESG evaluation system Sex is inseparable from the support of the expert team behind it.
The world has changed over a century, and it is now. Faced with many urgent environmental and social problems, mankind, business and capital are calling for sustainable development, and the tide of business and capital for good It has already flooded, from China to the world, more and more forces are joining in.
Ma Weihua said, "Alliance" means swearing to sign contracts, delegation and common growth; it also implies the germination of seeds, representing new life and growth. "Wave" Describes the endless, surging, and surging waves of new things. As a force from China, in the future Menglang will use the original intention of public welfare, business models, financial tools, and technological methods for business orientation. The tide of goodness, capital for goodness and even human beings for goodness merges into the trickle force.
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