公用事业行业ESG周报：北交所迎首只ESG股权投资主题基金；联合国环境规划署报告，2022年全球浪费10.5亿吨食物

Investment Rating - The report maintains an "Outperform" rating for the utility sector [2] Core Insights - The establishment of the first ESG equity investment theme fund on the Beijing Stock Exchange signifies a growing trend towards ESG investment, with a fund size of 300 million RMB aimed at investing in IPO companies and strategic placements [8][10] - The report highlights significant investments in renewable energy projects, with the National Energy Group announcing a total investment of 400 billion RMB across 80 key projects, including 61 renewable energy projects [9][10] - The report emphasizes the importance of enhancing sustainable information disclosure and the establishment of a comprehensive ESG reporting guideline to improve corporate governance and transparency [12][36] Summary by Sections Market Performance - The utility sector has shown a performance decline of 24% compared to the CSI 300 index over the specified period [2] Policy Dynamics - The implementation of the "National Standardization Development Outline" action plan by 18 departments aims to enhance standardization efforts from 2024 to 2025 [12] - The release of the "Action Plan" for carbon footprint management in Shanghai outlines 20 specific tasks to support carbon neutrality goals [12] - The revision of the "Hebei Province Electricity Regulations" reflects a commitment to green energy and the establishment of a new power system [13] ESG Product Tracking - As of March 29, 2024, a total of 3,914 ESG bonds have been issued in China, with a total outstanding amount of 5.82 trillion RMB, and 1,129 ESG bonds issued in the past year totaling 1.3695 trillion RMB [26][27] - The market currently has 521 ESG products with a total net value of 520.43 billion RMB, with environmental protection products making up the largest share at 43.57% [29][30] - The report notes that pure ESG products account for 63.42% of the 462 existing ESG financial products in the banking sector [32] ESG Expert Opinions - Experts emphasize the need for improved sustainable information disclosure and the establishment of international standards to facilitate better comparability among companies [36][37]