BSE Guideline No.11
BSE Continuing Supervision Guideline for Listed Companies No. 11 — Sustainability Report (Trial)
Topic : ESG disclosure · Level : Stock exchange
Today
In force. No mandatory disclosure: BSE encourages voluntary reports. Reporting guide revised early 2026 (pollution, energy).
Summary
The Beijing Stock Exchange issued a sustainability reporting guideline in April 2024, aligned with Shanghai and Shenzhen. It sets no mandatory disclosure: BSE companies, mostly innovative SMEs, are encouraged to report voluntarily.
Who is concerned
- Turnover
- non précisé
- Employees
- non précisé
- Listed company
- cotées seulement
- Sectors
- All sectors
- Triggering activities
- Voluntary disclosure by BSE issuers
- Extraterritorial reach
- No
Domestic listing rule. Supply-chain and climate disclosures lead issuers to request supplier data.
- Examples
- Specialised SME on BSE
- Innovative 'little giant' manufacturer
What the law requires
- Publish a sustainability report if chosen voluntarily
- Follow the same disclosure framework as SSE/SZSE
- Disclose climate, environment and supplier management topics
Penalties
Exchange self-regulatory measures and disciplinary sanctions; referral to CSRC for false or misleading disclosure.
What this changes for a supplier in China
Limited direct effect. BSE-listed SMEs are often suppliers themselves and may use a voluntary report to answer buyer ESG requests.
Expected evidence
- Scope 1 and 2 emissions
- Energy and water use
- Supplier code of conduct acceptance
Tiers : Tier 1