Cross-sector collaboration is needed to create effective, industry-specific ESG disclosure guidelines for Chinese listed companies. That was the key takeaway from a recent focus group co-hosted by BSR and the Shanghai Stock Exchange to gather investor perspectives on CSR disclosure by Chinese companies...Chinese companies are generally skeptical of ESG disclosure, which many believe is something capital markets disregard and is therefore an unnecessary expense...All investors...[at the event] pointed out that the low quality of ESG reporting in China is a common problem.