北交所修订可持续发展报告编制指南，夯实可持续发展信息披露基础 [Table_Industry] ESG 周报 [2T0a26bl年e_2Re月po1rt日Date] 信达证券股份有限公司 CINDA SECURITIES CO.,LTD 北京市西城区宣武门西大街甲127号金隅大厦B 座 邮编：100031 证券研究报告 [北Ta交bl所e_修Tit订le可] 持续发展报告编制指南，夯实可持续发展信息披露基 础 [Table_ReportDate] 2026 年 2 月 1 日 [Table_ReportType] 行业周报 本期内容提要: [Ta[Tbalbel_热eS_u点Smum聚mamr焦ya]：ry] 行业研究 | [ETSaGble_StockAndRank] | | | --- | --- | | 投资评级 | —— | | 上次评级 | —— | 郭雪 环保公用联席首席分析师 执业编号：S1500525030002 邮 箱：guoxue @cindasc.com 吴柏莹 环保行业分析师 执业编号：S1500524100001 邮 箱：wuboying@cindasc.com 国内：北交所修订可持 ...

Core Viewpoint - The construction and decoration industry is transitioning towards green, environmentally friendly, and high-performance solutions, with a focus on systematic solutions and sustainability [1] Group 1: Brand Development and Technological Layout - Founded in 2001, the company is headquartered in Hong Kong and focuses on the R&D, production, and sales of traditional and new building materials [3] - The company has established a group operation system with three major production bases and a nationwide supply network [3] - Strategic partnerships, such as with the American company Gitiya, have enhanced the company's technological capabilities in developing new types of artistic coatings [3] - The company has been recognized as a "High-tech Enterprise" since 2021 and has participated in the formulation of industry standards, accumulating 22 patents [3] Group 2: Systematic Product Matrix - The product line includes four main categories: coatings, waterproofing, tile laying, and artistic paints, providing comprehensive solutions for various decoration needs [4][6] - The company offers specialized products such as children's wall putty and lightweight gypsum for different applications, ensuring high performance and safety [4][6] - The waterproofing series includes a variety of products designed for kitchens, bathrooms, and complex construction environments, showcasing flexibility and strong adhesion [6] Group 3: Market Validation and Recognition - The company's products have been used in significant projects, including the Taiyuan Metro and various landmark buildings, validating their performance and reliability [8] - The company has received numerous awards, including "Shanxi Province Famous Trademark" and "Preferred Brand of Waterproof Materials," reflecting its industry recognition and commitment to quality [8] Group 4: Customer Service and Future Outlook - The company emphasizes a customer-centric service philosophy, providing one-stop solutions for end-users and robust support for partners [9] - The company aims to continue its growth by adhering to principles of integrity, innovation, responsibility, and striving for excellence, contributing to a sustainable living environment [9]

作者：胡登胜（国务院发展研究中心中国国际发展知识中心副研究员） 世界经济论坛第56届年会近日发布的《2026年全球风险报告》显示，世界已进入"竞争时代"。受地缘经 济对抗、地区武装冲突的影响，多数环境风险的紧迫性和关注度在短期内有所降低，但是极端天气、生 物多样性丧失与生态系统崩溃等依然被认为是未来10年人类面临的主要挑战。 值得警惕的是，在大国博弈加剧、多边合作受阻的国际背景下，人类共同应对危机的意愿、资源和能力 将受到严重削弱，有可能错过干预生态灾难的最佳窗口期，环境风险或许会成为"危机放大器"，对人类 社会的韧性和可持续发展造成巨大威胁。人类已然站在历史的十字路口，国际社会必须秉持人类命运共 同体理念，以前所未有的决心和行动，共同打造一个公平合理、合作共赢的全球生态环境治理体系，共 谋全球生态文明建设之路，才能让人类文明永续发展。 全球生态环境多个领域出现临界点 人类进入工业文明时代以来，生产力水平不断跃升，在创造巨大物质财富的同时也加速了对自然资源的 攫取和生态环境的破坏，打破了地球生态系统原有的动态平衡。 一是全球进入"沸腾时代"。世界气象组织发布的《全球气候状况报告2025》表明，2023—202 ...

Core Viewpoint - The Wari Pass Global Atmospheric Background Station in Qinghai Province plays a crucial role in monitoring greenhouse gas concentrations and contributes significantly to global climate change research through its long-term observational data [3][4][10]. Group 1: Importance of Wari Pass Station - The Wari Pass Station has been operational for over 30 years, providing continuous and high-precision observations of atmospheric carbon dioxide concentrations, which are critical for understanding global climate trends [3][4]. - The data from Wari Pass, known as the "Wari Pass Curve," aligns closely with observations from the Mauna Loa Observatory in Hawaii, demonstrating a consistent increase in greenhouse gas concentrations globally [3][4]. - The establishment of the Wari Pass Station filled a significant observational gap for continental atmospheric monitoring, contributing to the global atmospheric observation network [3][4]. Group 2: Environmental Protection Measures - To ensure the accuracy and reliability of observations, Qinghai has implemented protective measures around the Wari Pass Station, including the establishment of an 80-acre protection zone to control potential pollution sources [9]. - New regulations effective from February 1, 2026, will provide a legal framework for the protection of the Wari Pass Station, integrating environmental protection into land use planning [9]. - The station's operational environment is maintained with strict protocols to minimize human interference, which is essential for the continuity and comparability of the data collected [7][9]. Group 3: Contribution to Climate Change Mitigation - The data generated by the Wari Pass Station is vital for assessing China's efforts in combating climate change, with the 2024 report indicating a 0.6% increase in human carbon emissions, lower than the global average of 0.8% [11]. - The station serves as a foundation for a national network of atmospheric observation stations, enhancing China's capacity to contribute to global climate governance [10]. - China's commitment to improving its technological support for climate change initiatives is evident, as it aims to lead in global climate governance and sustainable development [12][13].

Group 1 - The core viewpoint of the article emphasizes the positive outcomes of Finnish Prime Minister Orpo's visit to China, highlighting the potential for cooperation in clean energy and green transition between Finland and China [1][3] - Finland and China have a long-standing diplomatic relationship, having established ties in 1950, and their partnership has deepened under the guidance of their leaders [2] - Orpo's visit included discussions on sustainable development and climate change, with both countries possessing advanced technologies in clean energy, which can enhance bilateral trade and contribute to global climate efforts [3] Group 2 - During the visit, Finnish enterprises signed 11 cooperation agreements across various sectors, including machinery, forestry, innovation, clean energy, and food, indicating a strong interest in expanding opportunities in the Asian market [3] - The Finnish government signed cooperation documents with China in areas such as technology, housing, customs, tourism, trade, and energy, laying a solid foundation for future collaboration [3] - Orpo expressed optimism about the potential for cooperation in high-quality architectural design, reflecting Finland's reputation in this field [3]

转自：团结报 （来源：团结报） 第三块叫"容错"。创新路上，哪能步步精准？只要是为公心、守底线，就该给试错的空间。让探索者放 下"怕搞砸"的包袱，才能轻装前行，蹚出新路。 流量如潮水，来得猛，退得也快。"村超"之后，榕江想的是"十年规划"，搞"村超+班超+逐梦"的体系。 这说明，真正的尊重不是消费群众的热情，而是帮他们把一时的"浪花"引向可持续发展的"河流"。 这悄然回答了一个问题：发展的"主场"到底该是谁？过去一些地方，总习惯大包大揽，请明星、造景 观，结果老百姓成了"观众"，热闹一过只剩空场。"村超"颠倒了这个关系，它让人民从"旁观席"走 上"比赛场"。当每个人都是故事的一部分，活力自然就喷涌而出。 "高手在民间"，这话我们常说。但高手不会凭空冒出来，他们需要被看见、被信任、有地方施展。榕江 的故事里，藏着搭建舞台的三块基石。 第一块叫"放手"。敢于把话筒交给群众，政府做好服务。就像哈尔滨冰雪季，市民自发的"整活"与政府 高效的保障一拍即合，成就了"不是北欧去不起，而是哈尔滨更有性价比"的出圈。信任，是最好的催化 剂。 第二块叫"赋能"。给想法插上翅膀。榕江几年前就开始鼓励村民拿起手机，把直播变成"新农活 ...

该报告是美国规划协会（APA）与林肯土地政策研究所合作推出的第五版规划师年度趋势报告，核心是为规划师提供应对未来不确定性的趋势洞察、行动 框架及实用工具，助力社区应对各类变革。 报告核心框架 报告按行动紧迫性将趋势分为三大时间框架，每类框架下再按主题集群划分： 立即行动（Act Now）：需规划师当下应对的关键趋势，如人机互动深化、社区权益安全受胁、虚假信息制度化、政治暴力抬头等。 提前准备（Prepare）：需规划师做好应对准备的新兴趋势，包括私营部门气候行动转变、联邦资金削减影响、高等教育价值重塑、劳动力市场政策失效 等。 学习观察（Learn and Watch）：需持续关注的潜在趋势信号，涵盖全球议题的地方影响、太空领域发展、隐私形态变革、公共健康走向等。 关键趋势亮点 1. 技术与社会深度交织 人口流动率降至历史低点，住房可负担性、就业可达性等问题限制流动自由，加剧区域发展不平衡。 4. 环境与可持续发展 气候危机持续恶化，私营部门从 "碳抵消" 转向 "碳嵌入"，可再生能源成为全球能源投资重点，但美国联邦支持缩减，需地方层面强化气候适应与减排规 划。 AI 成为核心影响因素，既推动规划工具升级（如 ...

Group 1 - The core message of the visit emphasizes the potential for cooperation between Finland and China in clean energy and green transition, highlighting a future-oriented partnership [1][2] - During the visit, 11 cooperation agreements were signed between Finnish and Chinese enterprises, focusing on sectors such as machinery, forestry, innovation, clean energy, and food [2] - The Finnish government signed cooperation documents in various fields including technology, construction, customs, culture and tourism, trade, and energy, laying a solid foundation for future collaboration [2] Group 2 - Finland's Prime Minister expressed optimism about the potential for collaboration in high-quality architectural design, given Finland's reputation in this area [2] - The visit also included discussions on reducing trade barriers and tariffs to promote free trade between Europe and China, indicating a commitment to enhancing EU-China relations [2] - The Finnish Prime Minister's reflections on the modernization of Beijing and the cultural significance of historical sites like the Forbidden City underscore the importance of cultural exchange in bilateral relations [2]

上交所表示，下一步，将持续做好规则培训工作，同时认真听取各方意见建议，根据市场需求适时推进其他议题编制指南 的出台，以高质量的可持续发展信息披露规则助力提升上市公司质量。 （编辑 李家琪） 本报讯 （记者毛艺融）1月30日，记者从上海证券交易所（以下简称"上交所"）获悉，近日，在中国证监会的指导下，上 交所制定发布三项可持续发展报告编制应用指南，涉及污染物排放、能源利用和水资源利用，中英文版本同步向市场公开。 绿色发展是中国式现代化的鲜明底色。党的二十届四中全会明确提出，加快经济社会发展全面绿色转型，建设美丽中国。 近年来，上交所认真贯彻落实新发展理念，不断完善可持续发展信息披露规则体系，引导上市公司牢固树立并积极践行"绿水 青山就是金山银山"的理念，推动可持续发展信息披露质量和评价水平稳步提升。 2026年是"十五五"开局之年，也是沪市公司ESG信息披露"首考"之年。本次出台的三项可持续发展报告编制应用指南，与 前期发布的《第二号 应对气候变化》共同构建了绿色转型议题的指南体系。指南内容全面覆盖风险评估、工作流程、常见披露 数据核算流程和方法等重难点问题，在强化规范性的同时兼顾行业包容性，助力上市公司稳妥做 ...

2025年1月17日，沪深北交易所发布《指南》，包括"总体要求与披露框架""应对气候变化"两个具体指 南，结合上市公司重点难点问题和现阶段实践，为上市公司提供细化工作指导，本次修订主要聚焦环境 议题，新增了"污染物排放""能源利用""水资源利用"三个具体指南，进一步加强上市公司在环境保护、 资源利用领域的实践能力，助力构建低碳可持续发展的市场生态。 登录新浪财经APP 搜索【信披】查看更多考评等级 来源：上海证券报·中国证券网 上证报中国证券网讯（记者 汤立斌 梁银妍）1月30日，在中国证监会指导下，沪深北证券交易所发布修 订后的《上市公司可持续发展报告编制指南》（下称《指南》），新增"污染物排放""能源利用""水资 源利用"三个具体指南，持续推动上市公司提升可持续发展意识、促进规范披露。 据了解，目前，已初步形成以《上市公司可持续发展报告信息披露指引》（下称《指引》)为强制性和 底线要求，《指南》为参考性规范和典型实践推荐的可持续发展规则体系。 2024年5月1日，证监会指导沪深北交易所制定的《指引》正式实施。根据《指引》要求，强制披露主体 包括报告期内持续被纳入上证180，科创50，深证100，创业板指数 ...