经济观察网统一股份（600506）深知，单一企业的减排能力有限，真正的绿色变革必须延伸至整个产业 链。为此，统一石化牵头成立"低碳供应链联盟"，按ISO20400可持续采购体系运作，优先选择减碳达标 伙伴，从源头锁住碳成本。 ISO20400可持续采购认证是来自40多个国家和全球组织的代表(包括联合国环境规划署、经济合作与发 展组织和国际工会联合会)共同努力的成果，将可持续性纳入组织采购流程中提供了指导方针。 统一石化CEO李嘉表示，唯有将低碳行动嵌入产业链每一环，让责任与效率同频、创新与信任共振，才 能在ESG浪潮中走得更远，最终以可持续的商业价值，回应时代的命题。 ...

经济观察网自2018年启动低碳转型以来，统一股份（600506）系统性构建覆盖能源、供应链、原料、包 装、技术、产品与生态的七大"绿色账本"。工厂70%用电来自自有光伏，电价低至0.3元/度；推广液袋 +纸盒包装减少70%塑料使用；开发零碳润滑油降低对化石资源依赖。在统一股份的实践中，ESG不是 附加题，而是竞争力的底层代码。 ...

安永中国主席、大中华区首席执行官陈凯表示："安永大中华区已连续五年发布ESG报告，我们始 终以'All in'的热忱贡献着专业力量，深化ESG实践，携手员工、合作伙伴及社会各界，共赴人与自然和 谐共生的美好明天。" 当日，安永现场发布由人工智能驱动的"ESG学一学"智能问答功能。该模块集"学、问、考"于一 体，形成"学习—提问—测验—进阶"的完整知识闭环，致力于降低ESG学习门槛，助力用户高效掌握相 关标准与前沿动态。 在发布会现场，安永大中华区ESG可持续发展主管合伙人李菁携手安永智能问答ESG.ai，共同解读 《报告》亮点绩效和创新内容。 12月11日，安永大中华区（安永）在北京、上海、香港三地共同发布以"智启华章 绿绘新程"为主 题的《安永大中华区2025财年环境、社会和治理报告》（以下简称《报告》）。 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 ...

Core Insights - The report indicates that Chinese enterprises are transitioning from "compliance disclosure" to "proactive layout" in their ESG practices, reflecting a deeper and broader engagement in sustainability efforts [2]. Group 1: ESG Development in China - The Chinese ESG ecosystem is maturing, with an improving regulatory framework that supports sustainable development [1]. - China is leading in global sustainable development through significant advancements in non-fossil energy and biodiversity protection initiatives [1]. - The sustainable investment market in China is shifting from a "scale-oriented" approach to one focused on "value creation," with a total scale of ESG public funds reaching 268.29 billion yuan by June 2023 [1]. Group 2: Corporate ESG Practices - Over 70% of companies are expected to disclose carbon reduction measures by 2024, with 38% addressing biodiversity or land resource protection [2]. - Companies have reported a year-on-year decrease in total greenhouse gas emissions and intensity by 11% and 12%, respectively [2]. - More than 27% of companies will achieve 100% employee training coverage, and 75% are focusing on resilient supply chain management [2]. Group 3: Governance and Oversight - Over 70% of companies will establish board or committee oversight for sustainability efforts, with more than 40% integrating ESG factors into risk management and internal control systems [2]. - There is a notable decrease in corporate governance negative events, and employee stock ownership and incentive mechanisms are being more widely adopted [2]. Group 4: Recommendations for ESG Practices - The report suggests six measures to enhance ESG practices, including strengthening policy implementation, building internal mechanisms for sustainable practices, and enhancing local ESG rating functions [3]. - It emphasizes the importance of digital integration to improve governance efficiency and the need for international collaboration to support sustainable development [3].

12月11日，安永大中华区在北京、上海、香港三地共同发布《安永大中华区2025财年环境、社会和治理 报告》（以下简称《报告》）。 近年来，全球ESG发展进入标准趋同、监管强化与价值融合的新时期。我国ESG监管框架持续完善，自 去年以来，证监会指导沪深北三大交易所发布《上市公司可持续发展报告编制指南》，财政部等部门联 合印发《企业可持续披露准则——基本准则（试行）》等，ESG信息披露规则体系逐步健全，推动企业 可持续发展能力稳步提升。 在发布会现场，安永大中华区ESG可持续发展主管合伙人李菁携手安永智能问答ESG.ai，共同解读《报 告》亮点。《报告》显示，安永积极支持中国企业"走出去"，过去三年执行了超过10万个中国企业海外 服务项目，协助超过3800个中国企业在海外开展业务，以专业服务支持全球合作与包容性增长。 根据《报告》，安永社会影响力不断深化，通过"安永企业家奖"、上市公司可持续发展官论坛暨年度最 佳奖项评选及EY Ripples全球公益计划等项目与活动，激励企业创新实践，凝聚志愿力量，扩大社会价 值创造。EY Ripples计划自2019年启动以来，覆盖人群超1150万。 此外，2025财年，安永大 ...

Core Insights - The "Greater Bay Area Green Finance and Sustainable Development Summit Forum and ESG Disclosure Excellence List 2025" was held in Shenzhen, focusing on ESG, green finance innovation, and AI-enabled sustainable development [1] - A strategic cooperation agreement was signed between Shenzhen Financial Stability Development Research Institute and Benxi Consulting to enhance collaboration in green finance training, ESG consulting, and regional sustainable development research [1] - A number of companies were recognized for their transparency in ESG information disclosure and effective green governance, promoting the implementation of ESG concepts in the Greater Bay Area [1] Company Highlights - Xia Bo Xia Bo Catering Management (China) Holdings Co., Ltd. was included in the "Greater Bay Area ESG Disclosure Excellence List 2025" for its consistent nine-year track record in disclosing ESG practices [1] - The company integrates sustainable development concepts into its strategic decision-making and daily operations, actively building collaborative mechanisms with stakeholders [1] - Xia Bo Xia Bo is engaged in innovative explorations in green operations, food waste reduction, and low-carbon transformation of the supply chain, contributing to the green transformation and high-quality development of the catering industry [1]

Core Viewpoint - The aluminum industry is experiencing a significant price divergence between alumina and electrolytic aluminum, with alumina prices dropping sharply while electrolytic aluminum prices are on the rise, creating a "ice and fire" scenario in the market [1][8][13]. Price Trends - As of December 10, the main contract for alumina futures fell below 2500 yuan/ton, marking a significant decline from last year's peak of 5500 yuan/ton, representing a "halving" in price [1][4]. - The price of electrolytic aluminum has increased, with the average price reaching 22,100 yuan/ton as of December 5, reflecting a year-on-year increase of 7.60% [6][10]. Cost Dynamics - The production cost for electrolytic aluminum is heavily influenced by alumina prices, which have decreased by over 3000 yuan/ton compared to last year, thus improving profit margins for electrolytic aluminum producers [4][5]. - The production of 1 ton of electrolytic aluminum requires 1.92 tons of alumina, 0.46 tons of anode, and 13,500 kWh of electricity, which together account for 90% of the production cost [5]. Supply and Demand Factors - The supply of alumina is expected to remain high, with a projected production of 74.46 million tons in 2025, a year-on-year increase of 8.1%, while electrolytic aluminum production is only expected to grow by 2% [9][10]. - The disparity in supply growth between alumina and electrolytic aluminum is leading to a continued decline in alumina prices, while electrolytic aluminum prices are supported by tight supply conditions and strong demand [9][10]. Future Outlook - Analysts predict that the price divergence between alumina and electrolytic aluminum will continue, with alumina prices likely to remain under pressure due to oversupply, while electrolytic aluminum prices may see further increases driven by demand from sectors like electric vehicles and renewable energy [13][14]. - The expected supply surplus for alumina could exceed 10 million tons, while the electrolytic aluminum market may face tighter conditions in certain months due to production constraints [13][14].

依托ESG评级中心，新浪财经发布多只ESG创新指数，为关注企业ESG表现的投资者提供更 多选择。同时，新浪财经成立中国ESG领导者组织论坛，携手中国ESG领导企业和合作伙 伴，通过环境、社会和公司治理理念，推动建立适合中国时代特征的ESG评价标准体系，促 进中国资产管理行业ESG投资发展。 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】 12月11日，由中华环保联合会主办、联邦快递支持、中华环保联合会环保志愿者工作委员会协办的 2025"益起行 益起动—守护河道一公里"环保公益活动年度总结会于上海举办。 该活动于今年6月5日世界环境日启动，已在石家庄、上海浦东、郑州、成都、北京顺义、哈尔滨等15座 城市落地。活动以河岸清洁、无痕休闲倡议、文化科普、水质科普、生物多样性观察、科技展示以及艺 术创作等多种形式开展，共举办30场次，累计参与人数达3000余人，涵盖政府部门、环保组织、学校、 企业员工、青年及亲子家庭等多元主体，推动了公众参与的广泛性与多样性。 据中华环保联合会公益部负责人王甲佳 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 2025年，A股赴港上市热潮持续，年内至少16家A股上市公司实现"A+H"两地上市，这也使得ESG强信 披上市公司的数量进一步扩容。 政策催化下，近半数A股上市公司实现ESG"交卷"。据中国上市公司协会统计，2025年共有2481家A股 上市公司披露2024年ESG报告，披露率达46.09%。其中，ESG强信披企业披露率高达94.90%。中国上市 公司协会会长宋志平表示，中国上市公司要化被动为主动，将信息披露从"合规负担"升维为"全球治理 通行证"。 《指引》规定，上证180、科创50、深证100、创业板指及境内外同时上市的公司，需在2026年4月30日 前披露2025年ESG报告。据21世纪经济报道记者不完全统计，截至12月10日，有471家上市公司被ESG 强信披，其中仍有28家未披露2024年ESG报告。距离"交卷"截止日仅剩数月，这28家上市公司做好迎考 准备了吗？ 28家强信披公司仍未交卷 眼下正值年尾，2026年ESG强信披大考将至，共计471家上市公司被ESG强信披。 目前已披露ESG报告的443家企业中，共计有30个行业（按照申银万国行业划分） ...

报告聚焦中国A股上市公司在环境（Environmental）、社会（Social）和公司治理（Governance）方面的表现，分析其ESG评级情况及发展趋势。研究显示， 近年来A股企业在ESG实践方面逐步加强，尤其在环境责任和公司治理领域取得明显进展。部分企业在节能减排、碳排放管理、信息披露等方面表现突出， 展现出较高的社会责任感。 报告指出不同行业间ESG发展水平存在显著差异，金融、能源等重污染或高风险行业在ESG建设上面临更大挑战。中小型企业普遍在ESG体系构建和数据披 露方面仍显不足，与大型企业相比存在较大差距。 随着政策推动和市场关注提升，未来A股上市公司在ESG领域的投入将持续增加，相关指标将成为衡量企业可持续发展能力的重要参考。 来源：商道融绿 A 股上市公司 ESG 评级分析报告 2025 目录 | 1. 报告概要 …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 2 | | --- | | 1.1 商道融绿 ESG 评级方 ...