On December 12, 2023, the "China Sustainable Investment: ESG and Corporate Low-Carbon Transformation Forum," jointly hosted by China Galaxy Securities and the China International Council for the Promotion of Multinational Corporations, was successfully held in Shanghai.

The forum brought together participants from various sectors including capital markets, corporations, academia, among others. Against the backdrop of the national goal of building a strong financial nation, the forum delved deeply into discussions on how enterprises and sustainable investors can seize new opportunities in ESG and low-carbon transformation.

GoldenBee Consulting was one of the co-organizers of the forum, and Mr. Yin Gefei, Founder of GoldenBee Consulting, attended the forum and delivered a keynote speech.
 

In the keynote speech titled "Exploration and Application of ESG Value Accounting and Investment in Listed Companies," Yin Gefei introduced GoldenBee Consulting's journey in the monetization of environmental and social impacts. He also shared key findings from the ESG Value Accounting Report for Chinese Listed Companies (2023） released by the China Association for Public Companies (CAPCO).
 
Combining GoldenBee Consulting's exploration of ESG value accounting and the findings from the CAPCO' ESG value accounting report, Yin Gefei proposed the following:
 
For sustainable investors, ESG value accounting can be applied across various investment scenarios such as index investing, positive screening, and portfolio construction. Investors can quantitatively assess and select companies with significant ESG investment value for investment purposes.
 
For companies, ESG value accounting helps enhance the autonomy of listed companies in ESG reporting, thereby fostering ESG value creation.
 
At a macro development level, ESG value accounting can facilitate the establishment of a valuation system with Chinese characteristics. This system reflects the combination of economic value and the value of the Chinese-style progress contributed by enterprises.
 
Yin Gefei emphasized that ESG value accounting not only assists investors in visually identifying companies with higher ESG investment value but also compares and calculates the net ESG value of enterprises after investment. This reflects the actual effectiveness of sustainable investment, preventing "greenwashing," and effectively promotes the high-quality development of sustainable investment.