CMG 与 ChinaJoy 国际版同期亮相阿布扎比 BRIDGE 峰会 2025 BRIDGE 峰会在阿布扎比国家展览中心开幕，全球媒体与科技机构齐聚探讨数字内容、技术融合与未来产业趋势。中国元素集中亮相：中央广播电视 总台（CMG）作为重点展示单位，全面呈现 8K 超高清制作播出、AI 辅助编辑、智能内容生产与多语种数字传播等创新成果，展示中国在国际传播技术领 域的领先实力。同期，ChinaJoy 国际版——首届"国际中国游戏节"正式登场，这是亚洲最大游戏与数字娱乐展会首次以国际版形式出海阿联酋。以"与 AI 同 游"为主题，本届展区集结腾讯游戏、游戏科学、505 Games、悲鸿美术馆、模言文化等20余家行业代表企业，覆盖研发、发行、IP运营与科技应用全链条。 （阿通社） 阿布扎比启动 FIDA 计划，推动 GDP 增长、吸引投资与创造高技能就业岗位 阿布扎比宣布启动全新金融集群——金融科技、保险、数字与另类资产（FIDA）集群，以加强其在金融科技、保险、数字资产和另类投资等领域的全球竞 争力。该计划在2025年阿布扎比金融周期间发布，并获阿布扎比王储、行政委员会主席 Sheikh Khaled bin ...

今年2月，农业银行（601288）在银行间市场成功发行600亿元绿色金融债券。其中，3年期发行规模500 亿元，利率1.85%；5年期发行规模100亿元，利率1.88%。募集资金用于绿色产业项目信贷投放。 Wind数据显示，截至12月13日，银行业今年以来已发行68只绿色金融债券，发行规模超5300亿元，较 去年全年增长3336亿元，较去年同期增超186%。今年以来，在政策精准引导与市场需求双轮驱动下， 银行业绿色金融债券发行驶入快车道，呈现规模翻倍、主体多元、成本优化等特征。 发行规模爆发式增长 从发行规模上看，国有大行依然是绿色金融债券发行的主力。 截至12月13日，国有六大行今年已合计发行2060亿元绿色金融债券，约是去年全年发行规模的3倍。 12月12日，杭州银行（600926）公告称，该行"2025年绿色金融债券"发行完毕，规模50亿元，其中品种 一为3年期固定利率债券，发行规模为40亿元，票面利率为1.78%；品种二为3年期浮动利率债券，发行 规模为10亿元。 此外，城商行、农商行发行绿色金融债券也显著提速。据统计，区域性中小银行今年绿色金融债券发行 数量由2024年同期的22只增加至30只。 自 ...

Core Insights - The 13th China Responsible Investment Forum successfully held discussions on global responsible investment trends and ESG investment opportunities, highlighting the importance of sustainable practices in agriculture and finance [1][15][31] Group 1: Event Overview - The forum was co-hosted by the China Green Finance Committee and various international organizations, featuring experts from regulatory, market, academic, and international sectors [1][15] - A parallel forum focused on "Sustainable Agriculture Development and Natural Finance," emphasizing the structural complementary advantages between China and Brazil in the agricultural supply chain [1][4] Group 2: Key Discussions - Discussions highlighted the transition from traditional bulk trade to sustainable supply chains, driven by green finance and multi-stakeholder collaboration [1][4][20] - The World Resources Institute noted that discussions on "natural capital" have evolved to become a core factor influencing funding costs, with a focus on nature-based solutions in climate action [3][19] Group 3: Agricultural Cooperation - China and Brazil's agricultural cooperation is seen as crucial for global food security, facing challenges such as climate change and differing standards [4][20] - The partnership is expected to enhance both countries' positions in global environmental governance and accelerate the implementation of green finance strategies [8][24] Group 4: Financial Tools and Risks - The FAIRR Initiative presented research on natural risks, including water and deforestation risks associated with soybean production, and how these impact investor communications with Chinese companies [6][22] - The need for financial tools to quantify and reflect "natural" value in investment decisions was emphasized, alongside the importance of addressing local needs in Brazil for effective green finance implementation [10][26] Group 5: Future Challenges and Collaboration - The roundtable discussions underscored the necessity for collaboration among governments, financial institutions, enterprises, and social organizations to effectively integrate natural capital with sustainable agricultural development [28][29] - The importance of existing data for decision-making in natural and financial contexts was highlighted, stressing that delays in data acquisition could jeopardize environmental and food security [29]

Investment Rating - The report does not explicitly provide an investment rating for the industry [1]. Core Insights - The ESG indices have shown signs of recovery, although liquidity has narrowed [5][6]. - There were 65 new ESG bonds issued this month, with a total issuance amount of 469 billion RMB [13]. - The total number of ESG public funds issued in the past year reached 206, with a total share of 1,086.49 million [8][10]. - The total market value of existing ESG fund products is 1,164.52 billion RMB, with ESG strategy funds accounting for the largest share at 45.09% [8][10]. Summary by Sections ESG Indices and Fund Performance - The A-share market experienced a pullback, with the CSI 300 index down by 0.71% and the ESG 300 index down by 0.73% during the week of December 8-12, 2025 [5]. - No new ESG funds were issued this month, but the existing ESG fund products total 944, with various categories including pure ESG, ESG strategy, environmental protection, social responsibility, and corporate governance [8][10]. - The top-performing fund for the week was Huatai-PB Quality Selection A, with a weekly return of 9.61% and a year-to-date return of 136.38% [10][14]. Green Bond Issuance - A total of 19 new green bonds were issued in the week of December 8-12, 2025, with a planned issuance scale of approximately 223.57 billion RMB [13]. - The total number of ESG bonds issued in the past year reached 1,222, with a total issuance amount of 13,609 billion RMB [13]. - The existing ESG bond market consists of 3,833 bonds, with green bonds making up the largest share at 62.24% [13]. Bank Wealth Management Products - This month, 34 ESG wealth management products were issued, primarily focusing on pure ESG and environmental protection themes [18]. - The total number of existing ESG bank wealth management products is 1,166, with pure ESG products accounting for 55.40% of the total [18].

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。 浦银安盛基金国际业务部基金经理石萍出席了本届年会，并在"ESG评级与应用多元化"平行论坛上发表主题为《ESG赋能投资：定量与定性的有机结合》的 演讲。系统阐述了她对ESG投资的理解、团队研究成果以及落地实践。 ESG并非简单地把环境、社会、治理三要素"嫁接"到传统财务框架，而是提供了一套更多元、更前瞻的风险识别工具。加入ESG后，投资团队可以沿着"经 营—管理—赛道—领导人"之外再打开一条"非财务风险"扫描通道，提前捕捉容易被忽视的政策、舆情、供应链及劳工议题。彭博数据显示，截至目前2025 年11月，标普500 ESG ...

2025 年 12 月 11 日， 2025CSR 盛典暨第一财经善商业论坛在上海世博会博物馆正式举行。本 届论坛以"韧性共生：重塑可持续竞争力新范式"为主题，邀请各机构代表、企业嘉宾、学者齐聚一 堂，共同回顾过往可持续发展的经验，搭建全球可持续对话合作平台， 探讨构建 "商业 - 环境 - 社会"三位一体的韧性体系，贡献可持续发展的 思想成果。 作为论坛主办方，第一财经长期致力于打造可持续发展平台，超越传统 CSR 逻辑，重新定义"可持 续竞争力"。 第一财经 常务 副总经理杜坚 在致辞中提到， 媒体的 责任 在于洞察趋势、凝聚共 识，更在于推动实实在在的产业变革。第一财经始终以推动可持续发展为己任 ， 既是产业实践的记 录者，更是价值链接的赋能者 。 第一财经 通过专业报道与深度研究，挖掘企业创新案例，解读政 策市场趋势，搭建跨界沟通桥梁；通过 探寻 " 中国企业社会责任典范 " ，以客观标准发掘先锋样 本，让负责任的商业实践获得广泛认可 ， 通过思想碰撞，为 更多 企业破解困境提供新思路。 联合国可持续发展管理学院首席代表、联合国可持续发展目标全球协作项目工作委员会主任柳云虎 带来主题演讲 《 面向未来 ...

面向未来的可持续管理，已超越一般意义上的社会责任，成为关乎企业存续与个人发展的核心战略。 "我们现在都用过去的经验、过去的眼界、过去的资源、过去的能力，培养现在的自己和我们面向的群体，应对未来世界的发展。" 12月11日，在2025CSR盛典暨第一财经•善商业论坛上，联合国可持续发展管理学院首席代表、联合国可持续发展目标全球协作项目工作委员会主任柳云虎 的一番话，引发了在场嘉宾对"面向未来的可持续管理"这一命题的深度思考。在人与自然和谐共生已成为生存刚需的时代背景下，科技变革浪潮正重塑经济 与社会。面向未来的可持续管理，已超越一般意义上的社会责任，成为关乎企业存续与个人发展的核心战略。 全球挑战倒逼管理范式变革 柳云虎开场直指当前全球可持续发展面临诸多严峻挑战。气候危机加剧，极端天气频发，自然灾害肆虐，联合国的减灾防灾办公室在东南亚等地区加大了工 作力度。海平面上升与冰川融化的威胁越发显著。与此同时，资源枯竭的警示持续响起，矿产资源的不可再生性、水资源短缺及耕地红线保护，成为全球可 持续发展的重要命题。 在社会层面，贫富差距的扩大呈现出复杂维度，城乡收入失衡、财富集中、数字鸿沟与代际贫困交织。他特别指出，优质 ...

联合国可持续发展管理学院首席代表、联合国可持续发展目标全球协作项目工作委员会主任柳云虎带来 主题演讲《面向未来的可持续管理》。他介绍，多个可持续发展的趋势正在全球层面行程，包括：气候 变化驱动的政策调整、ESG投资成为主流、新兴市场绿色崛起、技术共享加速转型。在此背景下，可持 续管理具有极强的引导作用，它能降低企业风险，增强品牌声誉，并满足消费者与投资者对责任的期 待。它还推动创新，优化资源效率，助力企业适应法规变化，最终实现盈利与地球共生的双赢局面。 生态环境部环境规划院生态环境管理与政策研究所所长董战峰在主旨演讲中分享了《加快构建企业生物 多样性信息披露制度》，分析了中国生物多样性信息披露实践发展、企业生物多样性信息披露指引框架 与主要内容。对于加快推进生物多样性信息披露制度建设，他建议采取多维度措施，鼓励相关生态的商 业发展，并定期监测、评估和透明的披露对生物多样性的风险、依赖程度和影响，包括对所有大中型企 业和金融机构及其运营、供应链和价值链、投资组合的需求。 金光集团APP副总裁翟京丽带来主题分享《以生长型责任网络，"纸"引商业向善新篇章》，介绍了企业 在可持续发展业务中的实践经验。她认为，企业真正 ...

Core Insights - The article discusses the evolving landscape of ESG (Environmental, Social, and Governance) investment, emphasizing the shift from passive response to proactive engagement in sustainable investment strategies [5][20]. - It highlights the increasing systemic risks posed by climate change and market volatility, which significantly impact investment returns [20]. Group 1: Global ESG Development Trends - The global ESG development is transitioning from "passive response" to "active layout," driven by multiple factors reshaping investment logic [5][20]. - Climate-related disasters are causing economic losses to rise, projected to reach $320 billion in 2024, with insurance costs at $140 billion, marking a 38% increase compared to the past decade [6][21]. - The need for a fundamental transformation in energy production and consumption to achieve net-zero emissions by 2050 is pushing capital from high-carbon sectors to green low-carbon industries [7][21]. - The globalization of ESG regulations is evident, with Europe establishing a regulatory framework centered on SFDR and CSRD, transitioning ESG from voluntary disclosure to mandatory compliance [8][22]. Group 2: Policy and Market Resonance - The integration of ESG standards into investment considerations is a result of policy guidance, market demand, and risk pressures [9][23]. - The EU's SFDR mandates financial institutions to disclose ESG-related information, directing funds towards sustainable sectors [23]. - Historical cases illustrate the financial repercussions of neglecting ESG factors, such as Volkswagen's $24.7 billion fine for the "Dieselgate" scandal [23]. Group 3: Value Creation through ESG - Ofi Invest integrates ESG factors systematically to create a closed loop of "risk prevention - opportunity capture - value creation" [24]. - The environmental dimension focuses on avoiding high-risk assets and investing in renewable energy and storage technologies [25][26]. - The social dimension emphasizes building trust among stakeholders and supporting community engagement and job creation [27]. - The governance dimension involves establishing dedicated ESG governance structures, with 97.7% of investments rated by internal ESG analysts [28]. Group 4: Ofi Invest's Path and Outlook - Ofi Invest practices sustainable investment through three pillars: developing forward-looking scenario analysis for net-zero emissions, establishing a comprehensive management loop, and building a sustainable financial ecosystem [14][28]. - The firm manages assets compliant with the EU's SFDR, totaling €123 billion, with over 70% of public funds meeting SFDR Article 8 standards [14][28]. - Ofi Invest aims to deepen ESG integration, focusing on climate transition and balancing financial returns with social and environmental value [14][28].

Core Insights - The 13th China Responsible Investment Forum highlighted the shift of sustainable development from merely an environmental issue to a core financial, economic, and investment topic [1][21] - Climate and nature-related impacts are increasingly recognized as financial risks, necessitating a focus on adaptation and resilience as key investment themes [5][25] Group 1: Emerging Investment Frontiers - New markets are emerging in digitalization and AI monitoring, with companies like Pachama and OroraTech utilizing satellite data and AI to quantify forest carbon storage and land degradation in real-time [6][27] - Digital monitoring has become an investment theme itself, providing credible measurements and enhancing market confidence as data accumulates [7][27] Group 2: Natural and Ecosystem Markets - Financing for nature and biodiversity is becoming a new asset class, with growing investor interest in biodiversity-linked tools, ecological restoration projects, and natural capital valuation [8][29] - COP30 emphasized the rising global focus on ecosystem restoration and natural financing, particularly in Asia, where China is positioned to develop these markets more rapidly than other regions [9][29] Group 3: Infrastructure and Resilience Financing - Adaptive and resilient infrastructure represents a significant future capital demand, including water systems, resilient urban infrastructure, and disaster-resistant supply chains [10][30] - Early examples of resilience financing at the sovereign and industry levels, such as the Caribbean Disaster Risk Insurance Facility, demonstrate how parametric insurance can provide liquidity post-climate disasters [10][28] Group 4: Health Resilience as a New Financial Market - The integration of climate, nature, and health is emerging as a significant trend, with capital flowing into health security and resilience [11][29] - Initiatives like pandemic funds are financing early warning systems and health monitoring infrastructure in emerging economies, marking the emergence of a new asset class in health resilience [11][29] Group 5: Implications for Finance and Business - The financial industry must support capital allocation for adaptation, resilience building, natural financing, and health security solutions [12][30] - Asia's unique advantages, including policy frameworks and financial platforms, position it to scale investments more rapidly than other regions, with China's progress in transforming financial and market infrastructure drawing attention at COP30 [12][30] Group 6: New Strategic Directions - The shift in investment logic is moving from managing climate risks to designing for resilient growth, integrating climate, nature, health, and digital innovation to create value [13][31] - The current challenge lies in fostering collaboration across public and private sectors, financial and corporate realms, and international borders to build the next phase of sustainable and resilient growth [14][32]