Wang Yabin, vice president of the China Trustee Association, said trust companies must honor fiduciary duties, avoid short-termism and integrate ESG into core trust business. Firms should leverage trust structures to develop ESG products tailored to specific scenarios to support national strategy and livelihoods. He urged firms to resist formalistic ESG, prevent fake green products and strengthen compliance.

2026-08-27

Wang Yabin, vice president of the China Trustee Association, said trust companies must honor fiduciary duties, avoid short-termism and integrate ESG into core trust business. Firms should leverage trust structures to develop ESG products tailored to specific scenarios to support national strategy and livelihoods. He urged firms to resist formalistic ESG, prevent fake green products and strengthen compliance.