Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)

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FDI Environmental Compliance

Incorporating the Disclosure Process for MNEs into Chinese Environmental Legislations

Authors
Jinhao Jiang1, †, Ruoyi Lu2, *, †
1School of Law, Fudan University, Shanghai, China
2School of International Law, China University of Political Science and Law, Beijing, China
†

These authors contributed equally.

*Corresponding author. ruoyi_lu@cupl.edu.cn
Corresponding Author
Ruoyi Lu
Available Online 24 December 2021.
DOI
10.2991/assehr.k.211220.246How to use a DOI?
Keywords
Environmental Disclosure; Chinese Environmental Law; Environmental Compliance
Abstract

Environmental Pollution during the Foreign Direct Investment (FDI) process is common and frequent. Host states often find it unfeasible to seek remedies by the dispute. Therefore, a trend of shifting from remedy to prevention has been observed in the recent legal reform of environmental protection. To prevent pollution in advance, a higher level of transparency in MNEs’ operations is needed. Specified in China, the current Chinese regime is weak in both environmental and corporate law perspectives. The current legal system for environmental protection lacks specific guidelines for environmental policies and enforceability of environmental provisions in securities law and the supervision of Foreign-Funded Enterprises. Incorporating the review process into Chinese legislation could bring more reasonable and efficient legislation and strengthen supervision over MNEs environmental compliance. This passage adopts comparative analysis as its principal research method, accompanied by literature analysis, to introduce problems of current Chinese Environmental Compliance Disclosure Regime, then analyze environmental compliance disclosure regulations in developed countries, mostly focused on EU and its member states as legislation reference. This passage further discusses the possibility of incorporating the environmental compliance disclosure regulations into Chinese domestic law. It is concluded from three aspects: the broadening of scope, the expansion of object, and the enforcement of the disclosure obligations.

Copyright
© 2021 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
24 December 2021
ISBN
10.2991/assehr.k.211220.246
ISSN
2352-5398
DOI
10.2991/assehr.k.211220.246How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

risenwbib
TY  - CONF
AU  - Jinhao Jiang
AU  - Ruoyi Lu
PY  - 2021
DA  - 2021/12/24
TI  - FDI Environmental Compliance
BT  - Proceedings of the 2021 4th International Conference on Humanities Education and Social Sciences (ICHESS 2021)
PB  - Atlantis Press
SP  - 1457
EP  - 1466
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211220.246
DO  - 10.2991/assehr.k.211220.246
ID  - Jiang2021
ER  -