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

Core Insights - The report analyzes the current state and development suggestions for climate information disclosure in the chemical industry, highlighting the shift from voluntary exploration to standardized and normalized practices in response to stricter international regulations and domestic policies [1][10]. Group 1: Current Disclosure Status - Only 39 out of 353 listed companies disclosed detailed information on greenhouse gas emissions, energy consumption, carbon reduction measures, and climate goals, while 60 companies disclosed none of these aspects [2][16]. - The disclosure rate for greenhouse gas emissions among key emitting companies exceeds 70%, but only a few provided complete data for Scope 1 and Scope 2 emissions, with very few addressing Scope 3 emissions [2][20]. - The disclosure rate for carbon reduction measures is 77.34%, but only 105 companies quantified their reduction effects, totaling over 13 million tons of CO2 equivalent [24][25]. - Energy consumption disclosure stands at 55.24%, with many companies only providing basic data, lacking critical details [27]. - Less than 15% of companies disclosed climate goals, indicating a lack of forward-looking reduction planning [28]. Group 2: Recommendations for Improvement - Establish a tiered mandatory disclosure system with differentiated requirements based on emission levels, aligning with national carbon market expansion goals [3]. - Standardize disclosure practices by developing detailed industry guidelines and enhancing data quality verification [3]. - Create a policy incentive and market mechanism linkage system that ties disclosure quality to green finance and tax benefits [3]. - Improve multi-stakeholder governance mechanisms to optimize public oversight channels, fostering collaboration among government, enterprises, and society [3]. Group 3: Industry Context and Importance - The chemical industry is a key sector for energy consumption and carbon emissions in China, 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 industry [11]. - Strengthening climate information disclosure is essential for the industry to respond to the "dual carbon" strategy and enhance market competitiveness [11][12]. - The report aims to provide valuable data and insights for policymakers, investors, and stakeholders to support the industry's transition to low-carbon development [12].