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ESG周报：ESG指数整体回调，流动性环比收窄-2025-03-26
Guotai Junan Securities·2025-03-26 03:01

Group 1: ESG Index Performance - The overall ESG index experienced a decline, with the CSI 300 index dropping by 2.29%, the ESG 300 index by 2.17%, the CSI ESG 100 index by 2.45%, and the Sci-Tech ESG index by 4.58% during the week of March 17-21, 2025[5] - The average daily trading volume for the entire A-share market was approximately 1.55 trillion yuan, indicating a contraction in liquidity compared to the previous period[5] Group 2: ESG Fund Issuance and Performance - In March 2025, a total of 9 new ESG products were issued, with a total issuance of 3.095 billion units, primarily focused on ESG strategies and environmental protection[8] - Over the past year, 141 ESG public funds were issued, with a total issuance of 146.191 billion units[8] - The total net asset value of existing ESG products reached 818.229 billion yuan, with ESG strategy products accounting for the largest share at 44.30%[10] Group 3: Green Bond Market Activity - During the week of March 17-21, 2025, 9 new green bonds were issued in the interbank and exchange markets, with a planned issuance scale of approximately 15.746 billion yuan[15] - A total of 32 ESG bonds were issued in March 2025, amounting to 27 billion yuan, with a total of 952 ESG bonds issued over the past year, totaling 990.6 billion yuan[15] - The existing ESG bond market consists of 3,551 bonds, with green bonds making up the largest share at 2,434 bonds, representing 58.21% of the total outstanding amount of 5.55 trillion yuan[15] Group 4: ESG Bank Wealth Management Products - In March 2025, 48 new ESG bank wealth management products were issued, with a total of 749 ESG bank wealth management products issued over the past year[20] - The existing ESG bank wealth management products total 830, with pure ESG products accounting for the largest share at 57.83%[20] Group 5: Risk Considerations - Potential risks include the possibility that ESG policy enforcement may not meet expectations, a lack of standardized data reporting, and the issuance scale of products falling short of projections[23]