Core Viewpoint - Questor Technology Inc. reported its financial and operational results for Q3 2025, highlighting challenges in revenue generation due to extended sales cycles and project delays, while also emphasizing growth in international equipment sales and ongoing strategic initiatives to reduce methane emissions [1][5][10]. Financial Performance - Revenue for Q3 2025 was CAD 683,085, a decrease from CAD 1,142,710 in Q3 2024. For the nine months ended September 30, 2025, revenue increased to CAD 6,065,425 from CAD 2,744,688 in the same period of 2024 [3][5]. - Gross profit for Q3 2025 was a loss of CAD 161,865, compared to a profit of CAD 383,574 in Q3 2024. For the nine months, gross profit was CAD 2,607,865, up from CAD 638,005 in the prior year [3][6]. - Adjusted EBITDA for Q3 2025 was negative CAD 983,245, worsening from negative CAD 256,475 in Q3 2024. However, for the nine months, it improved to positive CAD 363,782 from negative CAD 1,455,698 [3][7]. - The loss for the period in Q3 2025 was CAD 1,258,795, compared to CAD 589,599 in Q3 2024. For the nine months, the loss was CAD 545,469, an improvement from CAD 2,192,604 in the previous year [3]. Operational Highlights - The construction of a 1500kW waste heat to power prototype is nearing completion, with commissioning scheduled for Q1 2026 and field deployment expected in Q2 2026 [8]. - Questor secured a CAD 9 million contract to supply clean combustion solutions in Mexico, aimed at reducing flaring and methane emissions, although initial utilization has not met expectations [9][12]. - The company is focusing on expanding its international presence and increasing recurring rental revenue, with ongoing efforts in regions like Mexico, Iraq, Libya, and Nigeria [10][13]. Market Context - The demand for methane-reduction technologies is increasing due to tightening regulations and industry pressure for verifiable emissions reductions, particularly highlighted during COP30 [10][14]. - Questor's clean-combustion system achieves over 99.99% combustion efficiency, supporting clients in meeting emission regulations and improving air quality [11][18]. - The company is targeting new markets for its technologies, including landfill biogas and geothermal, while also enhancing data monitoring to align with global methane frameworks [19][20].

This story was originally published on ESG Dive. To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. Dive Brief: JPMorgan Chase clients looking to invest or conduct activities in the Amazon biome will now be subject to enhanced due diligence reviews, according to the bank’s most recent sustainability report published last month. The Amazon biome, as defined by the Amazon Network of Georeferenced Socio-Environmental Information (RAISG), joins the Arctic as the two regions ...

证监会上市公司监管司副司长张艳11月18日在2025上市公司可持续发展交流会上表示，截至上周末， MSCI中国A股指数成分股中有36.8%的企业ESG评级提升，全球领先评级（AAA、AA级）的家数占比 由去年底的7.2%大幅跃升至14%，是近年来最大的一次提升，领先评级公司数量由"十三五"末期的2家 增长至54家。ESG评级的提升成为上市公司高质量发展丰硕成果的重要体现。 张艳表示，证监会将继续按照"积极借鉴、以我为主、兼收并蓄、彰显特色"的原则，坚定不移逐步完善 可持续披露制度；继续按照"区分重点、试点先行、循序渐进、分步推进"的策略，坚定不移推动政策落 地；继续按照"行胜于言、言必求实"的实践导向，坚定不移引导以高质量发展推动高质量披露。 要点概览： 共1869家上市公司披露2024年可持续报告，披露公司的市值占全市场的七成左右 披露家数占比达34.7%，较"十三五"末提升近9倍 99.3%的公司在报告中披露了量化指标 截至上周末，MSCI中国A股指数成分股中有36.8%的企业ESG评级提升，全球领先评级（AAA、AA 级）的家数占比由去年底的7.2%大幅跃升至14% 截至10月底，中证、国证可持续指数产 ...

Core Insights - The 2025 Sustainable Development Conference for Listed Companies, organized by the China Listed Companies Association, aims to enhance understanding and recognition of listed companies by domestic and international institutions, promoting corporate mission fulfillment and social responsibility [1] Group 1: Conference Objectives and Achievements - The conference emphasizes the resilience and vitality of listed companies in a complex market environment, highlighting their progress towards high-quality and sustainable development [1] - Significant advancements in ESG (Environmental, Social, and Governance) practices among listed companies have been noted, with a stronger motivation for sustainable development [1] - The conference released four research reports on ESG development, industry standards, value accounting, and ratings, along with 210 best practice case studies for sustainable development [2] Group 2: Expert Contributions and Discussions - Experts from various companies shared their insights on sustainable development, including strategies for zero-carbon initiatives and integrating sustainability into corporate strategy [2] - A roundtable discussion addressed core issues in sustainable development, focusing on management, practices, strategies, and the challenges of information disclosure faced by listed companies [3]

中上协表示，明年是"十五五"规划开局之年，面对新形势，中上协将深入贯彻党的二十届四中全会、中 央金融工作会议精神，继续立足"服务、自律、规范、提高"的基本宗旨，搭建平台、整合资源、凝聚共 识、形成合力，支持和服务上市公司可持续发展工作，进一步推动上市公司质量提升。 中上协党委书记魏峰表示，面对全球复杂多变的市场环境，上市公司群体在发展过程中展现出了强大的 韧性与活力，迈向高质量发展的基础更加牢固，可持续发展的路径也更清晰。上市公司践行ESG理念的 动力显著增强，可持续发展工作取得了实质性进展。中国证监会上市公司监管司副司长张艳表示，在各 方积极探索和不懈努力下，上市公司可持续披露有了长足进步，可持续发展步伐更加坚定，高质量发展 成效更加显著。 2025年中上协围绕可持续发展多维度开展工作、深入研究，依托和组织委员会形成多项研究成果。本次 大会发布了四份研究报告：《中国上市公司ESG发展报告（2025年）》《中国上市公司ESG行业报告 （2025年）》《中国上市公司ESG价值核算报告（2025年）》《中国上市公司ESG评级报告（2025 年）》。同时，本次大会发布了210篇2025年上市公司可持续发展最佳实践案 ...

Core Viewpoint - The company is currently operating normally and is focused on improving its revenue and profitability through various measures, despite facing challenges in its main business areas of precious metal recovery and PBAT biodegradable materials [2][3][4]. Group 1: Company Performance - The company reported a net gain of 119.32 million yuan from the transfer of land use rights to Taihua Group and received 5 million yuan in land transfer subsidy from the Taiyuan Municipal Finance Bureau [4]. - The company is implementing strategies to enhance production efficiency and reduce costs, including increasing production batch sizes and establishing long-term partnerships with key suppliers [3][4]. Group 2: Business Strategy - The company aims to innovate in the precious metal recovery industry and expand its product line, focusing on secondary resource recovery and precious metal compounds to stabilize and enhance profitability [4]. - Future asset disposal plans will be disclosed in accordance with the Shanghai Stock Exchange regulations [3]. Group 3: Environmental and Social Responsibility - The company adheres strictly to environmental regulations and publishes annual environmental or ESG reports, detailing energy consumption, emissions, and management data [4]. - Employee health and safety are prioritized, with strict safety production regulations and training systems in place [4]. Group 4: Dividend Policy - The company has not distributed dividends in recent years due to negative cumulative profits available for distribution to shareholders, but it is committed to improving profitability to eventually reward investors [5].

Core Viewpoint - Sustainable disclosure is not merely a formality but a crucial mechanism for driving high-quality development in enterprises [1] Group 1: Institutional Development - The sustainable development journey of listed companies in China has established a robust rule system, marked by the introduction of the new "National Nine Articles" and the mandatory "Guidelines for Sustainable Development Reports" [2] - The rule system is characterized by a coherent and distinctive disclosure framework, with the first mandatory regulation marking a new era for sustainable disclosure in A-shares [2] - The China Securities Regulatory Commission (CSRC) has emphasized the importance of execution and guidance to ensure smooth implementation of these rules [2] Group 2: Disclosure Practices - The number of listed companies disclosing sustainable reports reached 1,869 in 2025, representing 70% of market capitalization, with a disclosure rate of 34.7%, nearly a ninefold increase since the end of the 13th Five-Year Plan [3] - The quality of disclosures has significantly improved, with 99.3% of reporting companies using quantitative indicators, and over 80% disclosing more than 25 metrics [3] - The proportion of companies reporting greenhouse gas emissions rose from 57.5% to 65.9%, indicating enhanced awareness and capability in addressing environmental risks [3] Group 3: Market Response - By October 2025, the scale of domestic sustainable index products exceeded 120 billion, more than doubling since the end of 2020, with a continuous increase in the proportion of ESG funds [5] - Foreign institutional investors are increasingly investing in sustainable sectors in Asia, including China, reflecting a positive market response [5] Group 4: Strategic Commitment - The CSRC remains committed to maintaining confidence, continuous action, and unwavering efforts in the face of global challenges in the sustainable sector [5] - The focus is on improving disclosure systems and promoting high-quality development through practical guidance and a gradual policy implementation approach [5]

证监会上市公司监管司副司长张艳11月18日在2025上市公司可持续发展交流会上表示，截至上周末， MSCI中国A股指数成分股中有36.8%的企业ESG评级提升，全球领先评级（AAA、AA级）的家数占比 由去年底的7.2%大幅跃升至14%，是近年来最大的一次提升，领先评级公司数量由"十三五"末期的2家 增长至54家。ESG评级的提升成为上市公司高质量发展丰硕成果的重要体现。 张艳表示，证监会将继续按照"积极借鉴、以我为主、兼收并蓄、彰显特色"的原则，坚定不移逐步完善 可持续披露制度；继续按照"区分重点、试点先行、循序渐进、分步推进"的策略，坚定不移推动政策落 地；继续按照"行胜于言、言必求实"的实践导向，坚定不移引导以高质量发展推动高质量披露。 披露家数占比达34.7%，较"十三五"末提升近9倍 99.3%的公司在报告中披露了量化指标 截至上周末，MSCI中国A股指数成分股中有36.8%的企业ESG评级提升，全球领先评级（AAA、AA 级）的家数占比由去年底的7.2%大幅跃升至14% 截至10月底，中证、国证可持续指数产品规模合计约1250亿元，较2020年底增长了两倍多 可持续规则体系基本健全 张艳表示，回首 ...

在推动上市公司ESG实践方面，《报告》提出六方面举措：一是强化可持续政策落实，筑牢企业实践基 础；二是构建可持续实践内驱机制，强化企业实践能力；三是发挥可持续市场引导作用，激活企业可持 续发展潜力；四是强化本土ESG评级功能，协同推进"以评促建"；五是加速数智化融合，着力提升企业 可持续治理效能；六是推进ESG国际化对接，借力高水平开放赋能可持续发展。 人民财讯11月19日电，11月18日，在2025上市公司可持续发展大会上，中国上市公司协会与中证指数有 限公司联合发布《中国上市公司ESG发展报告(2025年)》(以下简称《报告》)。 ...

Core Viewpoint - The article emphasizes that in the food and beverage industry, "safety," "transparency," and "responsibility" have become new cornerstones of brand value, moving beyond traditional competitive advantages like taste and convenience [2]. Group 1: ESG Performance Overview - Most food companies are currently at the industry average in mainstream ESG ratings, with few leading companies such as Mengniu, Yili, Chongqing Beer, Budweiser Asia Pacific, and Ausnutria rated AA or above by MSCI [2]. - The food industry is increasingly recognizing the importance of ESG as a strategic tool for enhancing competitiveness and achieving resilient development due to regulatory pressures and consumer awareness [5]. Group 2: Environmental Dimension - Key areas of focus for environmental performance include climate change response, greenhouse gas emissions management, packaging management, water resource management, and biodiversity protection [7]. - Leading companies like Mengniu and Yili have demonstrated advanced performance in environmental disclosures, producing specialized reports on climate-related risks and sustainability [8][10]. - The complexity of the food industry's value chain presents challenges in accurately calculating greenhouse gas emissions, particularly in agricultural activities [11]. Group 3: Social Dimension - The critical performance metrics for social responsibility include product quality and safety, nutrition and health improvement, supply chain management, responsible marketing, and customer service [14]. - Food safety remains a fundamental issue for survival, with a reported overall non-compliance rate of 2.61% in food safety inspections, indicating an improving trend [16]. - Companies are increasingly adopting digital management tools for traceability and enhancing food safety management systems [16]. Group 4: Governance Dimension - Key governance performance metrics include the establishment of independent ESG committees, integration of ESG risk management into overall risk management processes, and the independence and diversity of the board [20][21]. - Companies like Mengniu have established dedicated sustainability committees within their boards, demonstrating effective oversight of ESG issues [23]. - There is a growing trend to link executive compensation to ESG performance, although this practice is still relatively rare [23]. Group 5: Industry Trends and Challenges - The food and beverage industry is moving from a basic understanding of ESG to a more nuanced and systematic approach, with leading companies building barriers through comprehensive ESG strategies [25]. - Despite advancements, many companies still face challenges in collecting and reporting Scope 3 emissions data, which is critical for comprehensive ESG assessments [13].