Shanghai-based MNCs step up ESG innovation [Yahoo! Finance]
NESTLE S.A S/ADR (NSRGY)
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Source: Yahoo! Finance
Multinational corporations based in Shanghai are stepping up environmental, social, and governance innovation through localized practice, supported by the city's open business environment and clear policy framework. The trend was highlighted at the 2025 Shanghai Foreign-Invested Enterprises ESG Report and Case Release Conference held on Dec 16. The event showcased a range of ESG cases developed by foreign-invested companies operating in Shanghai, covering areas such as the circular economy, climate action, and public welfare. In the circular economy sector, cross-industry collaboration is helping build greener material loops. Saudi Arabian chemicals manufacturer SABIC, for instance, has applied its chemically recycled plastics, developed through its China-based cooperation, to a basketball court renovation program, in collaboration with sports flooring supplier Enlio. In the climate and resource management field, several multinational companies have achieved measurable progre
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