2025年化学工业气候信息披露-基于A股上市公司报告的实证分析-绿色江南

Core Insights - The report by the Green Jiangnan Public Environmental Concern Center focuses on the climate information disclosure status of 353 A-share listed chemical companies and 618 related enterprises, assessing their current practices to provide references for the industry's green transition and policy improvement [1][12] - The chemical industry is a high-energy consumption and high-emission sector, with a total energy consumption of 66,327 million tons of standard coal in 2022, accounting for 12.26% of the total energy consumption in the statistical industry [12] - Current international and domestic policies are strengthening disclosure requirements, transitioning the industry from voluntary exploration to standardized and normalized practices [11][12] Disclosure Status - The overall disclosure status is characterized by "overall inadequacy and structural imbalance." Only 39 companies fully disclosed core content related to greenhouse gas emissions, energy consumption, carbon reduction measures, and climate goals, while 60 companies disclosed none [2][18] - Over 70% of key emitting companies disclosed their emissions data, but only 24 companies specified Scope 1 and 2 emissions, and only 2 disclosed Scope 3 emissions [2][22] - The disclosure rate for carbon reduction measures reached 77.34%, but only 105 companies reported quantitative effects of their reduction efforts [2][28] - The energy consumption disclosure rate was 55.24%, with many lacking details on energy structure and efficiency [2][32] - Less than 15% of companies disclosed climate goals, with only 44 setting relevant targets [2][36] - Related enterprises performed worse, with less than one-third disclosing carbon emissions data, and some companies exhibited data inconsistencies [2][40] Recommendations - Establish a tiered mandatory disclosure system requiring key emitting companies to fully disclose core content by 2030, while general companies should at least disclose emissions and energy consumption [3] - Standardize disclosure requirements and develop detailed industry guidelines, enhancing third-party verification and blockchain traceability to improve data quality [3] - Create a policy and market linkage mechanism that ties disclosure quality to green finance and tax incentives, leveraging "chain master" companies to promote collaborative disclosure across supply chains [3] - Improve multi-stakeholder governance mechanisms by establishing dedicated supervision platforms and facilitating public participation to create a collaborative governance framework among government, enterprises, and society [3]