国家电网：基于能源数据的典型行业碳资信评价体系及应用场景研究报告

Industry Investment Rating - The report does not explicitly provide an industry investment rating [1][2][3] Core Viewpoints - The report emphasizes the development of a carbon credit evaluation system driven by energy data to more accurately reflect the true credit status of enterprises and leverage carbon finance products to drive enterprise development [2] - The carbon credit evaluation results can serve as an important indicator in ESG ratings, improve the ESG rating system, and help enterprises enhance their ESG ratings [2] - The evaluation results can be used as a basis for banks to issue green credit, financial institutions to issue green bonds, and apply for central bank carbon reduction support tools, guiding funds to enterprises with significant emission reduction potential [2] - Enterprises can improve their carbon credit rating by actively establishing green and low-carbon certification systems, developing or using emission reduction technologies, and building emission reduction management systems [2] Research Content and Methodology - The research follows a "theory-method model-scenario application" approach, starting with theoretical foundations, constructing evaluation models, and analyzing application scenarios [3] - The research includes theoretical studies on carbon credit evaluation, method model construction, and scenario application analysis in financial institutions and power grid companies [3] - The carbon credit evaluation system is designed to assess the willingness and ability of enterprises to fulfill commitments under the strategic background of climate change and carbon neutrality [5][6] - The evaluation system highlights the impact of carbon neutrality on enterprise credit and reflects both carbon risks and carbon values [6] Carbon Credit Evaluation System Construction - The project adopts a "business-finance" dual division framework to construct a comprehensive carbon credit evaluation system [12] - Financial indicators are determined based on existing research and international rating agency practices, while business indicators are selected from an energy perspective, considering the impact of carbon assets on future production and operations [15] - The final evaluation system integrates financial and business elements, determines the relative and absolute weights of different factors and indicators, and forms a comprehensive carbon credit evaluation system [17] - The evaluation system includes financial indicators such as interest coverage ratio, net profit margin, and asset turnover rate, and business indicators such as unit product electricity consumption, product export ratio, and renewable energy ratio [18] Application Scenarios of Carbon Credit Evaluation System - The system can be used for risk warning, enterprise credit rating, and data public service platforms, providing early warning information for power companies and supporting bank credit business with data [7] - In the financial sector, the system can assist in pre-loan anti-fraud, carbon asset assessment, credit loan issuance, and post-loan business risk warning [20] - Internally, the system can provide carbon credit services based on power data, integrating external data such as business, judicial, intellectual property, financial, and tax information to form carbon credit scores and reports [22] - The system supports financial institutions in managing risks by predicting and evaluating enterprise credit based on historical data of customer information, long-term energy usage, and payment records [20]