SSE Guideline No.14
SSE Self-Regulatory Guideline for Listed Companies No. 14 — Sustainability Report (Trial)
Topic : ESG disclosure · Level : Stock exchange
Today
Mandatory for SSE 180, STAR 50 and dual-listed issuers; first FY2025 reports published by 30 Apr 2026. Others voluntary.
Summary
The Shanghai Stock Exchange requires SSE 180, STAR 50 and dual-listed companies to publish an annual sustainability report. The first mandatory reports, for 2025, were due by 30 April 2026. Other SSE issuers may report voluntarily.
Who is concerned
- Turnover
- non précisé
- Employees
- non précisé
- Listed company
- cotées seulement
- Sectors
- All sectors
- Triggering activities
- Constituent of SSE 180 or STAR 50 index
- SSE issuer also listed overseas
- Extraterritorial reach
- No
Domestic listing rule. Supply-chain and climate disclosures lead issuers to request supplier data.
- Examples
- SSE 180 bank
- STAR 50 semiconductor maker
- A+H insurer
What the law requires
- Publish a sustainability report by 30 April each year
- Conduct a double-materiality assessment
- Disclose climate governance, strategy, risks and GHG emissions
- Describe supplier management and supply-chain security
Penalties
Exchange self-regulatory measures and disciplinary sanctions; referral to CSRC for false or misleading disclosure.
What this changes for a supplier in China
Listed Chinese buyers report on supply chains and climate. Their suppliers receive data requests on emissions, energy and labour.
Expected evidence
- Scope 1 and 2 emissions
- Energy and water use
- Supplier code of conduct acceptance
Tiers : Tier 1