沪深北三大交易所就三项应用指南征意见 为可持续发展信披提供“说明书”

Core Viewpoint - The major stock exchanges in China have revised their guidelines for the preparation of sustainable development reports for listed companies, introducing new attachments focused on pollution emissions, energy utilization, and water resource utilization, effective from September 5, 2025 [1][2]. Group 1: New Guidelines - The new guidelines aim to provide a reference for listed companies in preparing sustainable development reports without increasing their disclosure burden [2]. - The attachments include specific disclosure requirements related to pollution emissions, energy consumption, and water usage, with a focus on key indicators and targets [2]. - The guidelines are designed to enhance ESG (Environmental, Social, and Governance) governance awareness among listed companies and promote standardized operations [2]. Group 2: Implementation and Future Steps - The exchanges will modify and finalize the guidelines based on feedback received during the public consultation process [3]. - The exchanges have been integrating ESG principles into capital market regulations and have previously released guidelines to improve the quality of sustainable development disclosures [4]. - A three-year action plan has been established to enhance ESG governance capabilities and the quality of disclosures among listed companies in the Shanghai market [4].