Understanding of ESG Reporting of Nongfu Spring Essay

Understanding of ESG reporting of Nongfu Spring CO., LTD. The annual report of Nongfu Spring CO., LTD. is in the attached file.

The main report that you should look at is the sustainability report. In addition, students can look at the annual report and other reports, and should provide the weblinks to all these reports

Also, study carious ESG reporting guidelines and documents available from HXEx, in working on this report.

Written report should be no more than 6 pages (single?spaced).

Outline:

1. strategic relevance – has the company condifered the relevance of ESG risks and opportunities to their business model thoroughly?

2. Board’s oversight – has the report shown that the board has carried our its oversight responsibility by considering and evaluating a range of ESG committee of ESG related issues in short-term, medium and long – term? Does the company have an ESG committee or ESG working group, and disclose its structure and functions?

3. Reporting Boundary – has the report describe the reporting boundary, and discussed the criteria of determining the reporting boundary?

4. Materiality Assessment – does the company identify which ESG issues they see as most relevant or “material” to their business, and whether it explains clearly how these material imapcts may affect their business strategy, financial and operational performance? Has the company done both internal and external materiality assessment?

5. Other reporting principles – does the report follow other reporting principles as set by HKEx, such as setting targets, beingquantitative and time – consistent, and fulfilling the “comply or explain” requirements?