[Many companies released ESG reports for the first time, and the trust industry showed its transformation report card] September 28th, Zheshang Jinhui Trust recently released its first environmental, social and corporate governance (ESG) report, systematically disclosing the company’s concepts, actions and results in the fields of environmental, social and corporate governance. Statistics from China Securities Journal reporters found that since this year, six trust companies have disclosed ESG reports for the first time, and the coverage of ESG information disclosure in the trust industry has further expanded. Experts believe that the trust industry is currently in a period of transformation, and there is a high degree of compatibility between ESG and trust business transformation. By disclosing ESG reports, trust companies can demonstrate their transformation direction and differentiation capabilities to the market. In addition, the market’s attention to the ESG performance of trust companies is increasing, and adequate ESG information disclosure can help reduce information asymmetry between trust companies and investors. (China Securities Journal)