国内首个气候准则征求稿面世 中央财经刘轶芳：将重塑企业价值逻辑

Core Viewpoint - The issuance of the "Climate Disclosure Guidelines No. 1 - Climate (Trial) (Draft for Comments)" marks China's transition from passive participation to rule leadership in global climate governance, enhancing corporate green transformation and sustainable economic development opportunities [1]. Group 1: Significance and Framework - The "Climate Guidelines" are expected to reshape corporate value logic and market ecology, accelerating the formation of a sustainable financial ecosystem and standardizing climate-related information development [1][3]. - The guidelines consist of six chapters and 47 articles, regulating how companies disclose important climate-related information to stakeholders for informed decision-making [1]. Group 2: Alignment with International Standards - The guidelines align closely with international standards, particularly the ISSB's "International Financial Reporting Sustainability Disclosure Standards No. 2 - Climate-Related Disclosures," enhancing the competitiveness and transparency of Chinese companies in the global market [5]. - The guidelines aim to meet the growing demand from international investors for climate performance information, thereby increasing their confidence in Chinese enterprises [6]. Group 3: Unique Features - A unique aspect of the guidelines is the emphasis on comprehensive disclosure of climate-related impacts, ensuring that companies do not obscure their climate-related risks and opportunities [7]. - The guidelines require companies to disclose Scope 3 greenhouse gas emissions, which is consistent with international standards and helps companies address carbon border adjustment mechanisms [7][8]. Group 4: Challenges and Opportunities - The guidelines present challenges for companies in identifying and assessing climate risks, requiring advanced modeling and data collection across the value chain [8][9]. - Companies are encouraged to focus on physical risks and transition risks, implementing resilience measures to adapt to climate impacts [9].