Listed firms forced to submit environmental data

China: To cope with a water pollution rate of about 70% and an urban air quality that is among the worst in the world, the Chinese Government intends to force energyintense companies that intend to raise money on the stock market or companies that are already listed to make full disclosure of their environmental impact. Inspections will be carried out to make sure companies adhere to this prerequisite. This regulation covers companies operating in more than one province and in 13 sectors, such as thermal power generation, iron, steel and cement.

Source: Agence France Presse-English Wire, 26 February 2008
Asian Casualty Report 10th Edition June 2008 – Gen Re