Recent News:

CAF and ASEAN-China Center Jointly Issued the Social Responsibility and Environmental Protection Guidelines for Investments in the ASEAN Region

Beijing, Hong Kong, July 5, 2014 – In response to the increasing corporate overseas operations in the ASEAN region and better facilitate the deeper understanding of international Environmental and Social Responsibility practices, ASEAN-China Center and China-ASEAN Investment Cooperation Fund (CAF) jointly issued the Environmental and Social Responsibility Guidelines for Investments in the ASEAN Region (the Guideline). The Guideline provides guidance on corporate environmental and social responsibilities during overseas investment process in accord with international standards to enhance corporate citizenship practices and implementation of China’s development strategy in the ASEAN region.


ASEAN-China Center Secretary-General Mingqiang Ma says, “the Guideline perfectly aligned with China’s development strategy in the ASEAN region. It integrates international standards in social responsibility and sustainable development with practical guidelines for Chinese enterprises. The Guideline is a very important reference for cross-border business activities of Chinese enterprises in the ASEAN region.”

“The mission of CAF is to become a responsible and reputable investor in the ASEAN region. During investment process, we implement social responsibility and sustainable development in the highest international standards. When we screen investment projects, corporate environmental and social responsibility is an important benchmark. In this Guideline, we incorporate our years of investment experience for a variety of investment companies and investment projects. We hope the Guideline can be a useful reference for enterprises to deliver environmental and social responsibilities in their investments in the ASEAN region,” says CAF spokesperson.

About ASEAN-China Center 
ASEAN- China Center was officially established on 18th November 2011 as a symbol of the promising ASEAN strategic partnership. This center provides a new platform for China and ASEAN to enhance mutual understanding, trust, communication and cooperation. As the only intergovernmental organization between China and ASEAN countries, ASEAN-China Center actively committed to promoting China-ASEAN relation by cultivating good-neighborly relations and mutual trust, accelerating cooperation, and enhancing the friendship between ASEAN and China. ASEAN-China Center will carry out more cooperation projects to promote exchanges and cooperation in trade, investment, culture, education, tourism and other fields. For more information, visit: http://www.asean-china-center.org

About CAF
The China-ASEAN Fund (CAF) is a US Dollars denominated offshore equity fund approved by the State Council of the Peoples Republic of China and the National Development and Reform Commission. The establishment of the fund is sponsored by the Export-Import Bank of China together with other prominent Chinese and international institutional investors. CAF focuses on investment opportunities in infrastructure, energy and natural resources sectors in order to facilitate sustainable economic growth in the ASEAN through combination of “commercial viable and social impact”, and serves as the pioneer to promote the “South-South Cooperation” between China and the emerging markets, and facilitates the “Going Out” strategy for the Chinese enterprises through setting up a market profile as a reputable China background investor with responsibilities. The current size for the phase I of the fund is US$ 1 billion and the ultimate target is US$ 10 billion. For more information, visit www.china-asean-fund.com

Contact
Bei Xu  Phone:+852 6297 5019 Email:xu.bei@china-asean-fund.com
 




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