On June 7, the ESG sharing session co-hosted by JT&N, Legal Weekly, and HQTS was successfully held at JT&N Beijing Head Office. Relevant personnel from more than ten enterprises including China Reform Culture Holdings Co., Ltd. , Beijing Jingcheng Machinery Electric Company Limited, GreenTech Environmental Co., Ltd., Beijing Yupont Electric Power Technology Co., Ltd., Yingda Securities Co., Ltd., Beijing Jindie Management Software Co., Ltd., Tongcheng Network Technology Co., Ltd., Auto Home, China Mengniu Dairy Co., Ltd. and Beijing Mulan Private Equity Fund Management Co., Ltd. attended the event.
During the event, colleagues from media, brokerage firms, and various enterprises walked into JT&N’s headquarters in Beijing and had an in-depth understanding of JT&N’s business layout and business advantages in the capital market field including ESG. The participants from Legal Weekly provided valuable opinions from the perspective of media people and highly recognized the necessity of lawyers’ participation in ESG work. From the theoretical perspective, experts from HQTS Institute for Sustainable Development analyzed that ESG work is a major trend and an important task facing state-owned enterprises and listed companies. In the exchange session, the participants had an in-depth discussion on the practicality and prospect of ESG projects.
During the sharing session, attorney Ying ZHENG, a senior partner of JT&N, talked about how lawyers’ sensitivity to legal regulations and their ability to anticipate potential legal risks are the natural advantages of lawyers’ involvement in the ESG field. Attorney ZHENG first reviewed the origin of ESG and its development in China and analyzed how companies can respond to ESG concepts and policies. Attorney ZHENG suggested that the four aspects of the ESG evaluation system, ESG due diligence, ESG management system, and ESG information disclosure can be implemented in concrete terms. Finally, attorney ZHENG advised on the content of lawyers’ legal services in the ESG field, including providing ESG consulting services, reviewing contracts, assisting in formulating internal management system, training, and publicity, assisting in company information disclosure, identifying and solving company ESG risks, ESG due diligence, assisting in preparing ESG reports, etc.
JT&N has always been very concerned about environmental protection and ecological governance. JT&N is one of the first Chinese law firms to develop ecological and environmental legal services in China and has been recommended by various authoritative legal rating agencies such as Chambers and ALB in the environmental field many times. With professional advantages and rich project experience, JT&N’s legal service professional team has participated in drafting and researching topics of legislation and policies related to the environment, energy, and resource fields of national government departments many times.
To research and promote ESG concepts, strive to provide ESG legal services that are compatible with international standards and Chinese practices, and take into account generality and industry characteristics, JT&N Research Institute has established the ESG Research Center, which is composed of a team of lawyers engaged in domestic and foreign investment and financing, environmental protection, labor and personnel, energy and natural resources, corporate compliance, and other services to provide services including ESG information disclosure and due diligence to government departments, listed companies, fund managers, capital market investors, and other participants, and has published the ESG Legal Services Blue Book. JT&N is also a promoter and enthusiastic practitioner of public legal services in China and a pioneer in ESG construction in the Lawyers Industry.