T/CAPI 001-2023 ESG Due Diligence Services Specification for Enterprises

Scope

Scope: This standard specifies the terms and definitions, basic requirements, service content, service process, and technical implementation for ESG due diligence services provided to enterprises. This standard applies to all service organizations that provide ESG due diligence services to enterprises. This standard aims to provide practical guidance for enterprises conducting ESG due diligence services. Other types of organizations and institutions can refer to this standard to carry out ESG due diligence practices. Main technical content: 1. Scope: This standard clarifies the main content of the standard and defines the scope and applicability of the standard. 2. Normative referenced documents: Given that ESG is in an emerging development stage in China and there are few directly related referenced documents, the normative referenced documents mainly include standards and norms related to environmental management, social responsibility, and performance evaluation. 3. Terms and definitions: Based on actual needs, this standard compiles a total of 11 terms and definitions, focusing on unifying the terminology of ESG concepts and the outcome documents in the due diligence process, including environmental, social, and corporate governance; environment; society; corporate governance; material issues; ESG due diligence; target company; ESG due diligence checklist; ESG due diligence conclusion grading; virtual data room; and virtual desktop infrastructure. 4. Key elements: This standard clarifies the purpose and scope of the investigation, the main participants, and the working mechanism, while establishing four general principles, including reasonable prudence, professionalism and science, information confidentiality, and objectivity and independence. 5. Requirements for service organizations and personnel: This standard specifies three requirements for service organization types and requirements, the competencies that ESG due diligence personnel should

Development Information

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