China

Corporate ESG: deadly China gas explosion pushes industry’s safety and governance standards up the agenda amid stock sell-off



China’s natural gas distributors are expected to step up inspection of industry-wide facilities following a deadly explosion this week, pushing safety issues, operational risks andcorporate governance to the forefront of the state agenda.At least 25 people were killed and more than 100 injured when a gas pipe exploded in a market in Shiyan in central Hubei province on Sunday, prompting President Xi Jinping to order officials to “stay vigilant and politically sensitive” in preventing major…



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