从ESG角度看“反内卷”政策：“反内卷”政策与可持续发展目标高度契合

Group 1 - The "anti-involution" policy aligns closely with sustainable development goals, as it aims to govern low-price and disorderly competition in enterprises, enhance product quality, and facilitate the orderly exit of backward production capacity, marking a systemic action against "involution" competition [6] - The policy will assist high-energy-consuming industries in their low-carbon transition by eliminating backward production capacity and optimizing the energy structure, which is crucial for achieving sustainable development [6] - High-energy-consuming industries, including steel, cement, and aluminum smelting, account for 33% of national carbon emissions, with steel at 15%, cement at 13%, and aluminum at 5% [6] Group 2 - The "anti-involution" policy will also support the sustainable development of the renewable energy sector by regulating market order and curbing unhealthy competition, which threatens the industry's sustainability [6] - The renewable energy sector is vital for China's "dual carbon" strategy, as it can significantly reduce greenhouse gas emissions and improve energy structure [6] - From 2017 to 2023, the greenhouse gas emissions of renewable energy producers and photovoltaic equipment were 0.08 million tons and 0.28 million tons, respectively, which are significantly lower than emissions from steel and aluminum industries [6]