Core Insights - The third China Catering Industry Social Responsibility Conference was held, revealing 96 "2025 China Catering Industry ESG Excellent Cases" and introducing ten key ESG practice keywords for the industry [1][3] Group 1: Conference Overview - The conference was organized by the World Federation of Chinese Catering and co-hosted by Meituan, with support from the Beijing Chaoyang District Business Bureau [1] - The theme of the conference was "Gathering Strength, Growing Together," focusing on how the catering industry can enhance social responsibility through ESG practices [1] Group 2: ESG Importance - The catering industry is crucial for sustainable development and is closely linked to national strategies, particularly in addressing food waste issues [2] - ESG practices, including building a green operation system and transparent management, are essential for reducing resource waste and environmental impact [2] - The rise of younger consumers and investors will make ESG a core competitive advantage for catering enterprises, driving high-quality development in the industry [2] Group 3: Excellent Cases and Keywords - The 96 ESG excellent cases include notable companies such as Happy Bee (China) Catering Management Co., Ltd., Quanjude (Group) Co., Ltd., and others, showcasing diverse practices across the industry [3] - The cases were collected from various stakeholders in the catering supply chain and underwent strict expert review [3] - The ten key ESG practice keywords released include: Food Safety First, Carbon Neutrality Leadership, Waste Reduction Across the Chain, Comprehensive Food Perspective, Diversity and Inclusion, Community Co-prosperity, Transparent Governance, Employee Welfare, Skill Inheritance, and Intelligent Empowerment [3]

Core Viewpoint - The article highlights the commitment of the company to sustainable development and ESG governance, showcasing its practices and achievements at the UN Global Compact's 25th anniversary event [1][11]. Group 1: ESG Governance Structure - The company has established a three-tier governance system for ESG management that penetrates the board, management, and operational levels, ensuring organizational, institutional, and normalized ESG management [3]. - An independent ESG committee, composed of independent directors and external ESG experts, is responsible for strategic formulation, supervision, and cross-departmental collaboration [3]. - The company has published a transparent "2030 ESG Strategic Roadmap," which includes quantifiable and auditable governance systems covering climate governance, biosecurity management, ethical compliance, and raw material sustainability [3]. Group 2: Cultural Integration of Sustainability - The company has a dedicated ESG management center with a small team, integrating ESG key performance indicators into management assessments and extending them to grassroots employee goals [4]. - Initiatives such as green skills training and zero-carbon factory practices are implemented to embed sustainable development into the corporate culture [4]. Group 3: Technology-Driven ESG Integration - The company views ESG as a "hard prerequisite" for innovation, particularly in biotechnology, ensuring compliance with domestic and international biosecurity and ethical standards [5]. - Low-carbon technologies are utilized in processes to achieve carbon reduction and resource recycling, with a focus on sustainable raw material sourcing [5]. - The company is developing an "ESG penetrating" green ecosystem in supply chain management, incorporating carbon footprint and compliance into supplier assessments [5][6]. Group 4: Financial Implications of ESG Practices - The company has effectively reduced governance and compliance-related uncertainties in the capital market through a transparent and auditable ESG governance and disclosure system, which helps lower capital risk premiums [8]. - By achieving quantifiable emission reduction results through technology-driven carbon reduction and resource efficiency improvements, the company gains advantages in green financing and green bond issuance [8]. - The company aims to shift valuation logic from "cost-oriented" to "capability-oriented," enhancing operational efficiency and resilience through ESG practices [9]. Group 5: Recognition and Future Commitment - The company received a certificate from the UN Global Compact, recognizing its achievements in ESG governance and sustainable development practices [11]. - The company plans to deepen its ESG governance structure and integrate sustainable principles with its strategic, technological, and supply chain initiatives to promote industry and societal sustainability [13].

此次ESG报告有三大创新，一是运营碳中和：2025财年，安永大中华区通过购买国际自愿碳标准项目 （VCS）和绿色电力证书，首次实现绿色运营碳中和。二是议题精细化：参考国际、国内最新可持续发 展准则编制，紧跟最新监管政策要求，精准细化ESG议题，共有48个议题237个指标，体现ESG标准应 用的先进性。三是全面智能化：AI全流程参与报告编制，从ESG填报管理系统收集信息进行智能分析， 到AI生成图片和视频，并增设AI创新赋能板块。 安永大中华区业务主管合伙人毕舜杰表示，安永将继续深耕专业能力，在科技创新、绿色转型、人才培 育等领域持续发力，为政府、企业及社会各界提供更具针对性的ESG解决方案，全力支撑国家高质量发 展。 本报讯 （记者张文湘见习记者占健宇）12月11日，安永大中华区在三地共同发布《安永大中华区2025 财年环境、社会和治理报告》（以下简称"ESG报告"）。据悉，这已是安永大中华区连续第五年发布 ESG报告。 ...

12月5日，中央企业和地方国资国企社会责任蓝皮书发布会在京举办。国务院国资委党委委员、副主任 庞骁刚出席会议并致辞。会议以"勇担新使命 践行新担当"为主题，集中发布并解读《中央企业社会责 任蓝皮书（2025）》《中央企业上市公司环境、社会和企业治理（ESG）蓝皮书（2025）》《国资国企 社会责任蓝皮书（2025）》，全面展示国资国企履责实践和积极成效。同时还发布了全国留守儿童关爱 保护"百场宣讲进工地"暨"中央企业同心护未来"社会责任行动。近年来，中央企业和地方国资国企深入 学习贯彻习近平总书记关于社会责任工作的重要指示精神，以高标准履行社会责任助力加快实现高质量 发展，在社会责任各领域作出突出贡献，得到社会各界广泛认可。中国石化、中国一汽、招商局集团、 中广核、天津市国资委、山西省国资委、湖北联投集团、河钢集团主要负责同志作了交流发言。各中央 企业、各地方国资委以及有关国有企业负责同志等参加会议。 ...

Core Viewpoint - Ernst & Young Greater China has achieved carbon neutrality in its operations for the first time in FY2025 through the purchase of international voluntary carbon standard projects and green power certificates, marking a significant milestone in its sustainability efforts [1] Group 1: Environmental Initiatives - The company has released its ESG report for five consecutive years, highlighting its commitment to sustainability [1] - Ernst & Young has updated its global environmental goals, aiming for deep decarbonization through the "All in" strategy in the near term and striving for net-zero emissions by 2050 or earlier through nature-friendly practices [1] - The company received a carbon neutrality certificate from the Shanghai Environment Energy Exchange, symbolizing its official achievement of operational carbon neutrality [1] Group 2: Technological Empowerment - The report emphasizes the application of AI technology in risk management and ESG governance, enhancing decision-making efficiency and transparency [1] - Ernst & Young has launched AI tools such as the EY METIS-based intelligent Q&A and risk control platform "Xuan Ce" as part of its "All in AI" strategy [1] - The company currently employs over 1,500 technology consultants and more than 200 AI specialists in Greater China [1] Group 3: Global Collaboration - Over the past three years, the company has executed more than 100,000 overseas service projects for Chinese enterprises, assisting over 3,800 companies in expanding their businesses abroad [2] - The company's services have covered 90% of the countries and regions involved in the Belt and Road Initiative, supporting global cooperation and inclusive growth [2]

Core Insights - The overall real estate market in China is expected to continue its adjustment trend in 2025, with new home sales weakening and the second-hand market relying on price adjustments to stimulate volume [1][2]. Market Overview - From January to November 2025, new home prices in 100 cities increased by 2.29%, remaining stable compared to the same period in 2024. In contrast, second-hand home prices fell by 7.46% during the same period, indicating ongoing pressure on prices [2]. - The land supply strategy has shifted to "reducing quantity while improving quality," with residential land transaction area in 300 cities decreasing by 15.8% year-on-year and land transfer fees dropping by 6% [2]. - The top 20 cities accounted for 57% of the total land transfer fees, with state-owned enterprises being the primary players in land acquisition [2]. Policy and Supply Optimization - The "14th Five-Year Plan" emphasizes promoting high-quality development in real estate, with policies aimed at stabilizing expectations, activating demand, and optimizing supply [4]. - The government is expected to continue optimizing restrictive policies in major cities and reduce housing costs through measures such as lowering mortgage rates and increasing tax deductions for mortgage interest [4]. Rental Market Insights - In 2025, the housing rental market saw a decline in average rents, with a 3.04% drop in rental prices across 50 key cities from January to November [7]. - The implementation of the "Housing Rental Regulations" marks a new phase of industry regulation, with over 150 housing rental policies introduced by local governments in 2025 [6]. Industry Trends and Challenges - The property management sector is experiencing a slowdown, with revenue growth for listed companies dropping from over 40% in 2021 to less than 4% currently, indicating a shift from a focus on scale to prioritizing quality and efficiency [8][10]. - The industry is facing a "revenue growth without profit" situation, necessitating optimization of pricing mechanisms and innovation to achieve sustainable development [12]. Future Outlook - The real estate market is expected to see a 6.2% decline in new residential sales area in 2026, with a continued focus on quality over quantity in supply [5]. - The rental housing market is projected to stabilize as supply shifts from large-scale construction to demand-driven development, enhancing the quality of rental properties [8].

2025年是全球气候治理进程中的关键一年。5月，我国发布了《关于推进绿色低碳转型加强全国碳市场 建设的意见》，为建设更加有效、更有活力、更具国际影响力的全国碳市场制定明确路线图。"双碳"目 标已从顶层设计深入经济社会肌理，推动高质量发展与绿色发展相融合。同时，ESG（环境、社会和治 理）理念也超越了单纯的监管要求，日益成为企业构筑长期韧性、培育核心竞争力的战略支点。这一转 型正深刻重塑着商业逻辑——ESG实践不再仅是应对国际规则的"紧箍咒"，更成为企业获取市场信任、 实现可持续发展的"护身符"。如今，中国ESG生态体系日臻成熟，企业实践正从"合规披露"向"主动布 局"和"价值引领"跃迁。在此宏阔背景下，将可持续发展深度融入战略与运营，已成为领先企业的共同 选择。 2025年澎湃责任践行者年会现场 2025年澎湃责任践行者年会近日圆满落幕，年会以"责任与共，向新而行"为主题，汇聚了来自政府、学 界、国际组织与企业界的众多嘉宾，共同探讨在全球气候变化背景下，企业如何通过践行ESG（环境、 社会和治理）理念推动高质量发展。会上，碧桂园服务集团凭借其在绿色低碳转型与社会公益领域的系 统性创新与扎实实践，一举斩获两项重 ...

Core Viewpoint - The essence of carbon reduction is cost reduction, challenging the perception of green transformation as an additional investment [1][10] Group 1: ESG as a Cost-Reduction System - Effective ESG should be an embedded management system that reduces costs and increases efficiency across environmental, social, and governance aspects [2] - Environmental measures include energy savings and circular economy practices to cut energy and material expenses [2] - Social measures focus on employee welfare, customer satisfaction, and supplier collaboration to minimize friction costs and turnover rates [2] - Governance measures involve transparent decision-making and risk control to avoid significant operational and compliance risks [2] Group 2: Practical Implementation of ESG - The company has built a "green ledger" through a seven-dimensional approach since initiating its low-carbon transformation in 2018 [3] - 70% of factory electricity comes from self-owned solar power, with a cost of over 0.3 yuan per kWh, nearly half the industrial electricity price, aiming for 100% green electricity [3] - The establishment of a "low-carbon supply chain alliance" prioritizes partnerships that meet carbon reduction standards [3] - Innovations include the development of zero-carbon lubricants and packaging changes that reduce plastic use by 70% [3] - The company aims to reduce product carbon footprints by over 70% through a full lifecycle research and development approach [3] Group 3: ESG Metrics and Management - ESG metrics are integrated into daily operations, with specific targets for energy consumption, carbon footprints, and waste recycling rates [4] - Social metrics include employee training hours, safety incident rates, customer satisfaction, and timely supplier payments [4] - Governance metrics focus on board diversity, transparency in information disclosure, and anti-corruption processes [4] Group 4: Balancing Green and Profitability - The company emphasizes that product quality is foundational to fulfilling social responsibility, asserting that ineffective products undermine responsibility claims [5] - Investment in an internal AI research platform has significantly reduced the R&D cycle for specific hydraulic oils from six months to one month [6] - The company has successfully reduced the costs of sustainable aviation fuel to competitive levels through continuous R&D and supply chain optimization [6] Group 5: Future Directions and Industry Insights - Future plans include deepening the low-carbon transformation in the lubricants sector and exploring opportunities in renewable energy [9] - The company aims for net-zero emissions across all stages of production and is actively seeking new opportunities in solar, wind, and energy storage sectors [9] - The overarching message is that carbon reduction is not an additional burden but a pathway to cost reduction and enhanced competitiveness [10][11]

新浪财经ESG评级中心提供包括资讯、报告、培训、咨询等在内的14项ESG服务，助力上市公司传播ESG理念，提升ESG可持续发展表现。点 击查看【 ESG评级中心服务手册】 2025年12月2日，第13届中国责任投资论坛（China SIF）年会在京成功举行。年会由商道融绿主办，联合国环境规划署金融倡议组织（UNEP FI）、联合 国可持续证券交易所倡议组织（UN SSE）联合主办。来自监管、市场、学界、国内国际组织等各界数十位专家在年会上发表观点，热议全球责任投资新 格局和ESG投资新机遇。 淡马锡可持续发展部执行总经理齐曼方出席了本届年会，并发表主题演讲。 尊敬的各位来宾，女士们、先生们，早上好！ 今天能与大家齐聚一堂，我深感荣幸——尤其在当前市场，比以往任何时候都更需要清晰思路和坚定信念。 首先，我想回顾淡马锡在中国的发展历程。自上世纪90年代以来，我们的投资组合企业便活跃于中国市场。2000年代初，我们在北京、上海设立了办事处 ——这是淡马锡在新加坡以外最早设立的一批办事处，旨在把握新兴亚洲的机遇。如今，我们在北京、上海和深圳均都设有办事处。中国是淡马锡最重要 的投资目的地之一。 在这段数十年的历程中， ...

Core Viewpoint - The 19th Listed Company Value Forum highlighted the achievements of China National Petroleum Engineering Co., Ltd. (中油工程) in the ESG (Environmental, Social, and Governance) domain, where it received the "Top 100 ESG Listed Companies in China" award, reflecting its commitment to sustainable development and excellence in various practices [2]. ESG Performance - Since 2021, the company has published ESG reports for four consecutive years, detailing its sustainable development policies and practices in environmental protection, social responsibility, and corporate governance [2]. - In 2024, the company increased its investment in environmental protection to 25.01 million yuan, a year-on-year growth of 14.38%, demonstrating its strong commitment to environmental initiatives [2]. - The company achieved a 5.74% reduction in comprehensive energy consumption per unit of output and a 3.86% decrease in water consumption per unit of revenue compared to the previous year [2]. Social Responsibility - The company places significant emphasis on employee development and welfare, with training investment increasing by 8.74% in 2024, achieving a training coverage rate of 100% and an average training duration of 76.49 hours per employee [3]. - A multi-tiered training system has been established, including various professional training activities such as "Marketing Lectures" and "Project Manager Training Camps" to enhance employee skills [3]. Governance Improvements - The company is actively enhancing its governance structure, with significant progress in introducing strategic investors, including the transfer of approximately 8.3% of A-share capital from China National Petroleum Group to Sinopec National Investment, which has been approved by the State-owned Assets Supervision and Administration Commission [3]. - The governance structure is becoming more diversified, contributing to improved governance effectiveness [3]. Future Outlook - The company aims to continue its commitment to sustainable development and deepen its ESG practices, aspiring to become a world-class comprehensive service provider in the energy and chemical engineering sectors, contributing to sustainable economic and social development [3].