成品家居上市公司逾半数披露ESG报告碳排放数据“半遮面” 环保投入差距悬殊

Core Viewpoint - The manufacturing industry, particularly the finished home furnishings sector, is increasingly focused on environmental, social, and governance (ESG) attributes, with a notable emphasis on carbon emissions and sustainability practices [1][4]. ESG Disclosure and Reporting - Among 17 listed companies in the finished home furnishings sector, 9 have disclosed independent ESG reports, resulting in a disclosure rate of approximately 52.94%, which is slightly above the overall market rate of 45.55% [2][4]. - However, the disclosure of carbon emissions data remains inadequate, with only 7 companies reporting their total greenhouse gas emissions for 2024, indicating a significant gap in transparency [2][3]. Carbon Emissions and Environmental Impact - The analysis shows that 5 out of the 7 companies that disclosed emissions data reported an increase in greenhouse gas emissions for 2024 compared to 2023, while 2 companies reported a decrease [3]. - The primary sources of carbon emissions in the finished home furnishings supply chain include upstream wood consumption, plastic production, and logistics [4]. ESG Ratings and Industry Performance - The overall ESG ratings for the 17 companies are at a moderate level, with 14 companies rated between B and BBB. Notably, Mousse and Dream Lily have performed better than their peers, while other companies lag behind [4][5]. - Since 2020, the ESG ratings for these companies have shown an upward trend, with a significant reduction in the number of low-rated companies [5]. Environmental Initiatives and Investments - Companies are increasingly investing in environmental initiatives, with reported expenditures varying significantly. For instance, Mousse invested approximately 10.69 million yuan, while Good Wife invested only 122,800 yuan [6]. - The industry is adopting various strategies for carbon reduction, including the use of clean energy, green factory construction, and innovative product materials [7][8]. Market Opportunities and Consumer Trends - The finished home furnishings sector is experiencing growth due to government policies promoting the replacement of old consumer goods, with furniture retail sales increasing by 18.1% year-on-year in the first quarter [6]. - As consumer awareness of environmental issues rises, companies are encouraged to integrate sustainability into their production processes and product designs [8].