9月23日，MSCIESGETF（159621）开盘涨0.44%，报1.148元。MSCIESGETF（159621）重仓股方面， 招商银行开盘涨0.15%，宁德时代跌0.55%，贵州茅台跌0.20%，中国平安跌0.22%，农业银行跌0.77%， 兴业银行涨0.00%，工商银行跌0.28%，长江电力涨0.00%，中信证券跌0.52%，比亚迪跌0.50%。 MSCIESGETF（159621）业绩比较基准为MSCI中国A股人民币ESG通用指数(MSCI China A RMB ESG Universal Index)收益率，管理人为国泰基金管理有限公司，基金经理为苗梦羽，成立（2022-08-30）以 来回报为14.56%，近一个月回报为2.21%。 来源：新浪基金∞工作室 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 ...

Core Viewpoint - Anta Group, recently included in the ESG index, faces stock price volatility due to environmental concerns stemming from a fireworks event organized by its high-end outdoor brand, Arc'teryx, in the Himalayas [1][2] Group 1: Stock Market Reaction - On September 22, Anta Sports' stock opened down 4.6% at HKD 92.350 per share, closing down 2.22% at HKD 94.650, reflecting market concerns over the environmental controversy [1][2] - Analysts indicate that investors are worried about the potential impact of the environmental controversy on Arc'teryx's brand image among its core consumer base [2] Group 2: Environmental Controversy - The fireworks event, despite claims of using biodegradable materials and compliance with regulations, sparked significant environmental debate, particularly given the fragile ecosystem of the Himalayas [2] - Experts argue that even if the fireworks were not set off in a protected area, the ecological balance of the Tibetan Plateau is critical, and any disruption could have severe consequences [2] Group 3: Brand Image and ESG Performance - Anta Group was recently recognized as the only footwear company in the Hang Seng ESG 50 index, highlighting its strong ESG performance [3] - The company has made significant commitments to sustainability, including the elimination of perfluorinated compounds (PFAS), contrasting sharply with the recent environmental backlash faced by Arc'teryx [3] Group 4: Financial Performance and Market Position - Anta Group reported a revenue of CNY 38.54 billion for the first half of 2025, a year-on-year increase of 14.3%, with a net profit of CNY 7.03 billion, also up 14.5% [4] - Arc'teryx's parent company, Amer Sports, reported a 42% year-on-year revenue increase in the Greater China market, with Arc'teryx playing a significant role in this growth [5] Group 5: Management Changes - Amer Sports recently underwent a leadership change in the Greater China region, with the appointment of a new president who has extensive experience in the sports goods industry [6] - This new leadership faces the challenge of managing the brand's first major crisis shortly after taking office [6]

Core Insights - The article emphasizes the importance of ESG (Environmental, Social, and Governance) investment as a means to inject "negative entropy" into various industries, promoting green projects and sustainable development [2][4] - It discusses the relationship between capital input and the enhancement of order within economic systems, suggesting that ESG investments can facilitate efficient capital circulation and address environmental and social issues [2][3] Group 1: ESG Investment and Negative Entropy - ESG investment focuses on green and low-carbon projects, aiming to channel capital energy into financing parties, thereby promoting clean energy production and technological upgrades [2][4] - The concept of negative entropy is introduced as a way to describe the orderly state achieved through external energy input, which is crucial for the sustainability of life systems [2][3] Group 2: Capital and System Dynamics - The article highlights that the interaction between systems and external entities can slow down the loss of ordered energy, suggesting that capital can play a role in enhancing system order [2][3] - Continuous capital input leads to repeated productivity movements that enhance the order of green projects, thereby expanding the depth and breadth of economic and social development [2][3] Group 3: Investment Philosophy and Practices - ESG investment is portrayed as a process aimed at achieving mutual negative entropy between investors and investees, integrating environmental, social, and governance factors into the entire investment lifecycle [4][5] - The integration of social impact investment principles into ESG investment can help balance financial returns with environmental value creation, promoting a more holistic approach to investment [4][5]

Core Insights - Première Vision is adapting to the post-pandemic landscape by evolving from a traditional textiles trade fair to a more experiential format, introducing new features to attract a broader audience [1][2] Group 1: Event Evolution - The fair introduced a dedicated start-up zone for the first time, featuring five companies focused on material digitization, traceability, and environmental impact measurement, highlighting the importance of visibility for these companies [3] - The new area targets not only designers but also R&D teams, engineers, and production heads, reflecting the complexity of modern sourcing [4] - Première Vision has expanded its global presence with events in New York, Montreal, Tokyo, and Shenzhen, enhancing its effectiveness and understanding of market movements [5][6] Group 2: Experiential Features - The Prospective Trend Area featured immersive experiences, including a nail bar by white-label beauty developers, aimed at creating emotional connections rather than selling products [7][8] - The event's center was redesigned as a gallery-style exhibit, attracting attendees with digital art installations and rich textiles, enhancing the overall experience [10] - The trend team received over 30,000 product submissions, with a focus on soft tailoring and traditional materials, indicating a shift towards well-designed garments [11][12] Group 3: Sustainability Initiatives - Sustainability remains a priority, with extensive programs and talks, including participation from model and climate activist Arizona Muse, who advocates for eliminating plastics from supply chains [14][15] - Muse is developing a 10-part environmental labeling system, with the first standard focused on dyes, indicating a push for transparency in the industry [16] - New sustainable materials, such as potato-based bio-fur, were showcased, reflecting a growing interest in eco-friendly alternatives among luxury brands [17][18] Group 4: Industry Trends - Promod's turnaround strategy involved shifting from a mass model to a "precision model," reducing stock keeping units by 20% and focusing on product quality, resulting in a 10% turnover increase in 2024 [21][22][24] - The company emphasized nearshoring, aiming to shift 35-40% of production back to Mediterranean countries, contrasting with Pimkie's partnership with Shein, highlighting divergent strategies within the industry [25][26] - A declaration was signed by textile and fashion organizations at Première Vision, urging the EU to curb Shein's growth, showcasing the fair's leadership on textile issues [27]

Core Viewpoint - Anta's subsidiary, Arc'teryx, faces a significant crisis due to a controversial fireworks event in the Himalayas, leading to a notable decline in Anta's stock price [1][4]. Brand and Marketing Activities - Arc'teryx's annual brand event, "Towards Beauty," has been held for three years, focusing on high mountain culture and promoting outdoor activities [4]. - The 2023 event was held at an altitude of 3,300 meters in Yunnan, showcasing the brand's commitment to high-altitude sports and culture [4]. - The brand's core audience consists of climbing enthusiasts, and the recent incident has severely damaged its image of "respect for nature" and "Leave No Trace" (LNT) principles [4][5]. Financial Performance - Anta Group's subsidiary, Amer Sports, reported a 42% year-on-year revenue increase in the Greater China region, reaching $856 million (approximately 6.094 billion RMB) for the first half of the year [9]. - The annual revenue for Anta Group is projected to exceed 100 billion RMB for the first time, with a total revenue of 108.578 billion RMB, including Amer Sports' contribution [9]. ESG Commitment - Anta Group has been recognized for its ESG (Environmental, Social, and Governance) practices, being included in the Hang Seng ESG 50 index and achieving a high ranking in global sustainability assessments [9][10]. - The company emphasizes the integration of ESG goals into its operational management, aiming for sustainable development across its brands [9][10]. Crisis Management and Response - Following the backlash from the fireworks event, Arc'teryx issued an apology acknowledging deviations from its brand values, highlighting a disconnect between corporate ESG frameworks and brand execution [12][14]. - The incident has raised concerns about the lack of effective ESG risk management and response mechanisms within Anta Group, potentially harming its overall reputation [14].

2020年9月22日，我国首次提出"双碳"目标——2030年实现碳达峰、2060年实现碳中和，距今已有五年。众多公募基金也在"双碳"目标提出之际积极布局相 关主题产品。历经五年发展，产品队伍持续壮大，最新数据显示，名称中带有"绿色""低碳""ESG""碳中和"的主题基金规模合计已超980亿元，逼近千亿大 关。从年内业绩来看，各类主题产品表现也相对亮眼，更不乏收益翻倍的产品。有观点指出，公募基金在绿色金融方面已取得阶段性成果，未来在"双碳"目 标持续深化、政策与市场双轮驱动下，绿色金融细分领域仍将是资本市场的重要投资主线。 最新规模为近五年峰值 另据中国证监会今年2月披露的数据，绿色公司债券发展势头强劲，试点以来累计发行约8700亿元，制度规则和技术标准持续健全，碳中和债券、低碳转型 债券、蓝色债券等创新品种不断涌现。 当前，部分公募机构也将绿色理念融入投资、研究工作中，并取得一定成效。据悉，招商基金充分借鉴融合国内外资产管理机构ESG投研策略实践，构建了 贯穿研究、投资、投后三个阶段的ESG整合策略体系。除积极主动参与公司治理外，招商基金还以ESG投资理念为指导，研发和推出一系列符合ESG要求的 基金产品，为 ...

南方财经记者郭晓洁 21世纪经济报道记者李德尚玉 实习生李宜馨 广州报道 随着绿色金融市场的快速发展，相关的资讯和数据变得越来越丰富。绿色金融周报从宏观视角和机构绿 色金融实践等角度，关注绿色金融领域的最新前沿动态，追踪绿色金融市场的最新趋势，为绿色金融相 关参与方提供决策依据和参考。 21碳中和课题组快评：在"双碳"五周年关键节点，本次论坛汇聚多方智慧，既系统展现了中国绿色金融 从标准建设到转型金融、气候投融资试点的实践成果，也前瞻性探讨了绿色贸易、数智赋能等全球治理 新路径。 3、中诚信绿金发布《企业可持续发展/ESG工作实用手册》 中诚信绿金在北京举办《企业可持续发展/ESG工作实用手册》发布会。该手册结合国内外政策框架与 实践经验，系统梳理了企业在ESG战略制定、信息披露、绩效评价及投融资对接等方面的操作指南，旨 在为企业推动可持续发展提供标准化、可落地的参考。据悉，该手册涵盖ESG起源与发展、政策与准 则、评级与投资、报告编制、报告指标、信息披露与管理六大板块，兼具国际视野与本土实践。手册不 仅是企业认识ESG市场的工具书，更是助力其完成信息披露、实现管理提升的"案边指南"，可服务于企 业内部从业者 ...

南方财经记者郭晓洁 21世纪经济报道记者李德尚玉 实习生李宜馨 广州报道 一、重点关注 1、央行王信：以统一全面的标准促进绿色金融高质量发展 日前，中国人民银行研究局局长王信发文对新近发布的《绿色金融支持项目目录（2025年版）》进行深 入解读。王信指出，2025版《目录》统一了各类金融产品的界定标准，覆盖绿色消费与绿色贸易等新增 领域，实现生产—流通—消费全链条覆盖。新版《目录》精准对接绿色低碳转型产业需求，剔除煤炭清 洁利用、天然气等化石能源相关内容，并对具有碳减排效益的低碳经济活动进行标注，为绿色贷款、绿 色债券及碳中和金融产品提供依据。王信认为，未来要持续完善绿色金融标准体系，包括加快转型金融 标准制定与应用，推动钢铁、煤电、建材、农业等高碳行业低碳转型，以及研制专门的《生物多样性金 融目录》，提升金融对生态保护的支持力度。 21碳中和课题组快评：王信的解读为市场参与方提供了指导，体现了《绿色金融支持项目目录（2025年 版）》在引导绿色资金流向、优化绿色金融标准体系方面的重要意义。该政策将进一步提高金融支持绿 色低碳发展的精准性和有效性，为绿色金融规范化、国际化发展奠定坚实基础。 2、央财绿金论坛发 ...

Core Viewpoint - The recent fireworks event held by Arc'teryx in the ecologically sensitive Himalayas has sparked significant environmental controversy, raising questions about Anta Group's commitment to its stated ESG principles and environmental responsibilities [4][5][9] Group 1: Event Overview - Arc'teryx collaborated with artist Cai Guoqiang to host a fireworks show titled "Cai Guoqiang: Ascending Dragon" in the Himalayas, aiming to explore local mountain culture [3] - The event has been criticized for potentially harming the fragile ecosystem of the region, which is home to sensitive wildlife and unique environmental conditions [4][5] Group 2: Environmental Concerns - The fireworks display may cause irreversible damage to local soil, water sources, and wildlife, contradicting Anta's ESG commitments to biodiversity and environmental protection [5][6] - Anta's 2024 ESG report emphasizes adherence to biodiversity protection goals and avoidance of activities that could harm ecosystems, yet the event's location raises concerns about compliance with these commitments [5][6] Group 3: Brand Image and Consumer Reaction - Anta has been positioning itself as a leader in sustainable fashion, with over 30% of its products being sustainable, but the fireworks incident starkly contrasts with its environmental promises [9] - Following the event, several outdoor and photography influencers have severed ties with Anta or expressed intentions to boycott the brand, indicating a potential backlash against its image [9] Group 4: Corporate Governance Issues - The differing statements from Arc'teryx regarding its involvement in the event have led to accusations of double standards, further complicating the brand's public relations [10][12] - Anta has not publicly addressed the incident, leading to increased consumer dissatisfaction and concerns about its governance capabilities, which may negatively impact its ESG ratings [12][13] Group 5: Financial Impact - Following the controversy, Anta's stock price fell by 2.22%, resulting in a market capitalization loss of approximately 6 billion HKD [13]

Core Viewpoint - The 25th China International Industry Fair (CIIF2025) will be held from September 23 to 27 at the National Exhibition and Convention Center (Shanghai), featuring a dedicated integrated circuit section to showcase innovations and cutting-edge technologies across the entire integrated circuit industry chain [1]. Agenda Summary Main Conference Agenda - The conference will include various forums and discussions, such as the "2025 Shanghai Integrated Circuit Industry ESG Development Forum" on September 24 and the "Automotive and Industrial Chip Special Session" on September 25 [3][8]. International Summit Forum Agenda - The International Summit Forum will feature a welcome address, leadership speeches, and several keynote presentations, including topics on AI in chip design and the transformation of chip design companies [4]. Industry Sub-Forum Agenda - The Industry Sub-Forum will cover topics such as semiconductor component innovation and lifecycle service solutions, with multiple keynote speeches from industry leaders [6]. Automotive and Industrial Chip Special Session - This session will focus on innovations and applications in automotive and industrial chips, featuring presentations on semiconductor component certification and the construction of a new ecosystem for domestic chips [9]. ESG Development Forum - The ESG Development Forum will discuss sustainable development in the semiconductor industry, with presentations on energy-saving strategies and compliance challenges related to ESG [12][13]. Exhibitor Information - A comprehensive exhibitor directory and booth layout will be provided to facilitate navigation and engagement during the event [15][17].