On May 10, the Legal Branch of the China Electricity Council held a symposium on the exchange of member units, aiming to establish a normalized exchange mechanism for member units, give full play to the subjective initiative of member units, discuss the way of legal compliance development in the power industry, and empower the development of new quality productivity.
The theme of the conference focused on "helping enterprises to prevent risks in compliance management, and discussing the development of legal and enterprise peers", and discussed topics such as the construction of rule of law compliance, foreign-related rule of law, and the construction of rule of law informatization and digitalization, so as to promote the construction of a world-class rule of law enterprise. Luo Hongwei, Deputy General Manager of ICAS Inger Certification, shared "Suggestions for Cooperation with the Association in Compliance and ESG Management", and conducted an in-depth analysis of the compliance operation and ESG management of power enterprises.
Assist in the compliance development of the industry, identify and respond to major risks
He pointed out that there are some problems in compliance management of enterprises, first of all, they fail to accurately identify the real major risks, or even if they identify them, they do not formulate practical new measures to deal with these risks. In addition, some enterprises have established many special compliance management guidelines and systems, but there is a lack of correspondence with the major compliance risks assessed by the enterprises. It should be noted that the internal and external environment faced by enterprises is changing rapidly, so it is necessary to identify and update compliance risks at any time to ensure that enterprises operate in compliance.
In view of the improvement of the compliance management system, Luo Hongwei put forward a series of cooperation suggestions to the association, such as holding expert lectures to improve the effectiveness of the compliance management system, prompting the company's senior management and legal compliance departments to change their concepts and expand their understanding; Organize training to train a group of compliance management system auditors, so that the legal and compliance department can deeply learn the compliance management system standards, system construction and audit methods, find problems, improve the system, and improve effectiveness. Compile special compliance guidelines or standards in important areas of the power industry to promote the development of industry compliance, ensure that enterprises achieve a higher level of achievement in compliance with laws and regulations, and are also expected to promote the improvement and promotion of enterprises in environmental protection, safe production, energy efficiency, etc.
From "retreat" to "pragmatism", polish the ESG business card of the power industry
Since the concept of environmental, social and governance (ESG) was first proposed in the United Nations Global Compact in 2004, ESG has gradually attracted the attention of governments and regulators as a non-financial indicator used to measure corporate performance. In recent years, relevant domestic authorities and regulators have issued a series of policies to guide corporate ESG practices, aiming to comprehensively promote the practice of ESG in corporate management, with central enterprises and listed companies as the guide.
As an important part of the energy industry, power companies bear the important responsibility of responding to climate change and maintaining social power supply and energy security.
He pointed out that many companies do not really understand and agree with ESG management concepts and management models, nor do they have systematic tools and methods to implement ESG management concepts and manage ESG matters.
In order to help enterprises deeply integrate ESG concepts into corporate governance and operation management, and improve ESG ratings, Luo Hongwei proposed a series of cooperation projects, aiming to empower the construction and certification of ESG management systems, performance and rating improvement of power enterprises, and suggested holding ESG management system lectures. He emphasized that a group of ESG management personnel should be trained for enterprises, because employees play an important role in the ESG practice of enterprises, and are the executors and promoters involved in the process of enterprise operation and value creation.
By deepening cooperation with the association, it is expected to jointly promote the power industry to move towards the rule of law, compliance and efficiency, and promote the sustainable development of the industry and the fulfillment of social responsibility.