Circular No. 96/2020/TT-BTC on reporting regimes applicable for listed companies under the Law on Securities

Under Circular No. 96/2020/TT-BTC (“Circular 96”), listed companies are required to make annual reports, of which include the assessment on development orientations and sustainable development goals in relation to environment, society, and governance (ESG). Circular 96 requires listed companies to report on environmental criteria, including, among others: (a) total direct and indirect GHG emissions, and (b) measures and initiatives to reduce GHG emissions (Article 10.2 and Section II.6.1 of Schedule IV of Circular 96).