FDI Environmental Compliance
Incorporating the Disclosure Process for MNEs into Chinese Environmental Legislations
- 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.
Cite this article
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 -