解读《企业可持续披露准则第1号——气候（试行）》

Core Viewpoint - The release of the "Corporate Sustainable Disclosure Standard No. 1 - Climate (Trial)" aims to standardize corporate sustainability information disclosure and advance the establishment of a sustainable disclosure standard system in China, promoting economic, social, and environmental sustainability [1][2]. Group 1: Regulatory Framework - The climate standard was developed and issued by nine departments, including the Ministry of Finance and the Ministry of Ecology and Environment, providing a clear "yardstick" for enterprises [2]. - The goal of climate-related information disclosure is to provide essential climate-related information to investors, creditors, government departments, and other stakeholders for informed economic and resource allocation decisions [2]. Group 2: Disclosure Framework - The climate standard is built on four core pillars: governance, strategy, risk and opportunity management, and metrics and targets, with a specific focus on disclosing climate-related impact information, creating a "four pillars + impact" disclosure framework unique to China [2][3]. - The climate standard aligns closely with international rules, ensuring comparability and reducing cross-border operational and financing costs for enterprises while being tailored to China's development stage and conditions [2]. Group 3: Implementation and Flexibility - The standard introduces a proportionality principle, allowing companies to adapt disclosure methods based on their resources, which lowers compliance costs for small and medium-sized enterprises while promoting transformation in key industries [3]. - Initially positioned as a trial document, the climate standard will be implemented voluntarily by companies, with plans for gradual expansion from listed to non-listed companies and from large to small enterprises, transitioning from qualitative to quantitative requirements and from voluntary to mandatory disclosures [3].