上市苏企ESG信披加速，从“讲故事”迈向“算数据”

Core Viewpoint - The recent updates to the ESG disclosure guidelines for listed companies in China emphasize the importance of quantifiable data in environmental reporting, particularly in areas such as pollutant emissions, energy utilization, and water resource management [1][2][3]. Group 1: ESG Disclosure Guidelines - The China Securities Regulatory Commission (CSRC) has released the second batch of guidelines for sustainable development reporting, adding specific disclosure requirements for environmental issues [1][2]. - The guidelines aim to provide practical guidance for companies facing complex environmental issues, transitioning from vague disclosures to precise governance [2][3]. - The updated guidelines include detailed examples of common risks and opportunities related to environmental topics, along with standardized calculation methods for data disclosure [2]. Group 2: Current ESG Reporting Trends - As of September 20, 2023, 256 A-share listed companies in Jiangsu have disclosed their 2024 sustainable development reports, achieving a disclosure rate of 35.96%, marking a continuous increase over three years [1]. - Jiangsu companies are shifting their approach to ESG disclosure from compliance to strategic tools, indicating a growing recognition of the importance of sustainability [1][3]. Group 3: Impact on Companies - High-quality ESG information is expected to enhance investor trust and direct long-term capital towards green enterprises, with the updated guidelines lowering the barriers for ESG disclosures [3]. - Companies like Nanjing Steel and Double Good Energy have begun to report quantifiable data on their pollutant emissions and energy usage, reflecting a shift towards data-driven ESG management [4][5]. - The manufacturing sector, which constitutes nearly 80% of Jiangsu's listed companies, faces challenges in addressing environmental issues, but the guidelines encourage proactive governance and standardized reporting [5]. Group 4: Regional Initiatives and Future Goals - Jiangsu is leveraging institutional innovation and regional practices to build a sustainable development ecosystem, with a focus on ESG value accounting and reporting [6]. - The Suzhou Industrial Park aims to establish itself as a testing ground for ESG development, targeting an ESG industry scale of over 65 billion yuan by 2025, representing a growth of over 50% from 2022 [6]. Group 5: Challenges in ESG Data Collection - Despite the push for high-quality ESG disclosures, many companies face challenges in collecting and calculating data related to pollutant emissions, energy use, and water resources, which require robust data governance and analytical capabilities [7].