(Asian Tech Press) The U.S. Securities and Exchange Commission (SEC) recently completed a public comment period on expanding corporate climate change disclosure and established a climate and ESG (environmental, social, and governance) enforcement task force.

SEC Chairman Chair Gensler said on Wednesday that the SEC had received more than 400 comment letters on ESG and that he was beginning to consider what types of information the SEC should focus more on.

Gensler has asked his subordinates to focus on a range of more specific metrics, including greenhouse gas emissions, to determine which are more relevant to investors.

He also hopes to determine whether the companies in question are living up to the commitments they have already made on climate-related issues.

The news, for those Asian tech companies looking to go public in the U.S., needs to be taken seriously.

AiHuiShou, China's leading used electronics trading and service platform, successfully listed on the NYSE after filing with the SEC, under the banner of "the first ESG stock in China" and in the guise of ESG.

However, according to the company's major business of second-hand trading, Aihuishou is, by nature, not an ESG-related firm, but a profit-oriented second-hand electronics trading company.

The company opened below its offering price on the third day of its listing on the NYSE.