专家：近六成央国企将ESG纳入高管考核

Group 1 - ESG (Environmental, Social, and Governance) is becoming a significant force in promoting global sustainable development, shifting corporate development models and value orientations [1] - As of now, 2,473 A-share listed companies have disclosed independent ESG-related reports, achieving a disclosure rate of 45.67%, with state-owned enterprises reaching a 99.6% disclosure rate [1] - 60% of companies have incorporated ESG into executive assessments, creating a replicable management paradigm [1] Group 2 - The core breakthrough of the new disclosure framework by the China Securities Regulatory Commission (CSRC) is the balance between mandatory and detailed requirements, with over 400 key enterprises required to complete ESG mandatory disclosures by April 2026 [2] - The framework aims to transform ESG from a "soft constraint" to a "hard requirement," encouraging companies to establish cross-departmental data collection systems and improve carbon accounting capabilities [2] Group 3 - The dual-track model of "framework convergence + topic differentiation" is proposed to balance international rules with China's national conditions, ensuring international capital understandability while embedding local values [3] - The framework aligns with the International Sustainability Standards Board's (ISSB) sustainable disclosure standards, while also incorporating unique Chinese indicators such as "rural revitalization" and "Belt and Road responsibilities" [3] Group 4 - Key enterprises face significant pressure from "data governance and management system lag," including shortcomings in data governance, lack of management capabilities, and increased compliance costs [4] - A "buffer + empowerment" transition system is recommended, including differentiated transition periods and the establishment of public service platforms to reduce compliance costs [4] Group 5 - The phenomenon of "heavy disclosure, light management" reflects a mismatch between compliance pressure and capability motivation, leading to potential negative consequences for companies and the market [5] - A three-dimensional system of "regulatory constraints + market incentives + feasibility support" is needed to enhance the quality of ESG disclosures and ensure accountability for discrepancies between reported and actual performance [5]