Group 1: Domestic ESG Policy News - China's first national standard for green data centers, "Green Data Center Evaluation," was officially implemented on June 1, outlining requirements for energy efficiency, green design, procurement, operation, and services [2] - The Ministry of Ecology and Environment released the "China Climate Change Adaptation Progress Report (2024)" on June 25, reflecting the progress and effectiveness of climate change adaptation efforts in China [2] Group 2: International ESG Developments - The International Financial Reporting Standards (IFRS) S2 received equivalent recognition from the Global Reporting Initiative (GRI) 102 for greenhouse gas emissions disclosure, allowing companies to meet both standards simultaneously [4] Group 3: ESG Preferred Index Performance - The Dongfang Jincheng Credit - CSI 800 ESG Industry Preferred Index has a cumulative return of 30.88% and an annualized return of 4.41% since January 1, 2019, while the industry underperforming index has a cumulative return of -22.42% and an annualized return of -3.99% [6] - The preferred index underperformed the CSI 800 benchmark by 4.09%, while the underperforming index lagged by 57.40% [6] Group 4: Monthly Performance - The ESG industry preferred index showed a maximum monthly increase of 2.00% on June 24, with a monthly return of -3.64%, compared to a 2.45% return for the CSI 800 index [7] Group 5: ESG Risk Events - During the reporting period from June 1 to June 30, 18 ESG risk events were monitored among A-share listed companies, resulting in total penalties of RMB 278,235,160.04 [9] - The majority of ESG risk events occurred in heavy industry manufacturing, electronics, daily consumption, and finance, with heavy industry manufacturing incurring penalties exceeding RMB 200 million [9] - Regions with significant penalties included Tianjin, Guangdong, Guangxi, and Zhejiang, with Tianjin's penalties exceeding RMB 25 million [12][13]

Group 1 - The Ministry of Ecology and Environment has launched a nationwide special action to combat illegal dumping of solid waste, aiming to curb the high incidence of illegal transfers and dumping over a three-year period [6][7] - The focus of the action includes illegal dumping of hazardous waste, industrial solid waste, construction waste, and the illegal dismantling of scrapped vehicles and electronic products, particularly in sensitive ecological areas [6][7] - By the end of 2025, the action aims to complete problem identification and corrective measures, with overall completion of problem rectification by the end of 2026, and a follow-up review by the end of 2027 [7] Group 2 - The progress report on the construction of China's product carbon footprint management system was released, highlighting significant advancements since 2024, including the publication of over 70 national standards and 100 group standards for product carbon footprint accounting [8] - The "China Adaptation to Climate Change Progress Report (2024)" indicates that 2024 was the hottest year on record, emphasizing the urgent need to enhance climate change adaptation capabilities across various sectors [9] - A joint initiative was launched to promote early warning systems for climate change adaptation, supporting other developing countries in improving their early warning and adaptation capabilities [9] Group 3 - The Ministry of Ecology and Environment, along with other departments, issued guidelines to strengthen ecological culture construction, focusing on research, dissemination, and practical application of ecological values [10][11] - Specific measures include promoting traditional ecological culture, enhancing public awareness of ecological civilization, and encouraging green, low-carbon lifestyles [10][11] Group 4 - The first batch of the "Beautiful China, Volunteers with Me" ecological environment volunteer service list was published, featuring 22 projects aimed at promoting environmental protection and community engagement [12] - The initiative aims to mobilize public participation in ecological volunteer services, with over 30,000 volunteer teams and more than 35 million volunteers already involved in various projects [12]

Core Insights - The event on June 25, coinciding with "National Low Carbon Day," highlighted significant advancements in China's product carbon footprint management system, with over 70 national standards and 100 group standards established by the end of 2024 [1][2] Group 1: Product Carbon Footprint Management - The report outlines progress in establishing a product carbon footprint management system since 2024, focusing on management system development, work structure, international rule trust, and capacity building [2] - The publication of national standards such as the "Guidelines for the Compilation of Product Carbon Footprint Accounting Standards" and "Quantification Requirements and Guidelines for Greenhouse Gas Product Carbon Footprint" provides direction for the standard system [2] - A domestic electricity carbon footprint factor has been released to address urgent needs in product carbon footprint accounting across various industries [3] Group 2: Climate Change Adaptation - The "China Climate Change Adaptation Progress Report (2024)" indicates that 2024 is the hottest year on record, necessitating urgent improvements in climate change adaptation capabilities [3] - As of now, 30 provinces and regions, along with the Xinjiang Production and Construction Corps, have implemented provincial climate change action plans, and 39 pilot cities are exploring climate-adaptive urban development [4]