本报讯(记者张敏)9月12日，由北京市通州区运河商务区管理委员会主办，北京ESG研究院(绿色价格认 证研究中心办公室)承办，北京通州发展集团有限公司协办的"'开放创新绿动未来'绿色价格认证研究成 果发布会"在北京城市副中心成功举办。会上发布了《环境、社会、治理(ESG)信息披露操作手 册》，"中国企业绿色发展社会贡献数据平台"及"中国上市公司绿色发展社会贡献指数"等绿色发展研究 成果。 《环境、社会、治理(ESG)信息披露操作手册》及"中国企业绿色发展社会贡献数据平台"由北京ESG研 究院学术顾问(副院长)、中国人民大学经济学院教授刘凯发布。手册涵盖435个ESG指标，覆盖企业全 产业链，为企业提供标准化披露框架；中国企业绿色发展社会贡献数据平台则通过货币化测算企业绿色 贡献，实现全国层面、各省份层面、行业层面、上市公司层面企业绿色发展社会贡献的年度数据、系列 排名及其可视化展示。刘凯表示，平台已接入超5000余家上市公司数据，未来将服务政府监管、企业转 型与绿色投资。 "中国上市公司绿色发展社会贡献指数"由北京ESG研究院专家、中国人民大学财政金融学院教授吴轲发 布。该指数以ESG理念为核心，构建包含16个 ...

Core Insights - The Chinese steel industry accounts for over 50% of global steel production and is a major contributor to carbon emissions, with 15% of China's total emissions coming from this sector [1][2] - The report emphasizes the need for effective emission reduction strategies in the steel industry, supported by financial markets, in light of China's carbon peak and neutrality goals [1][2] Group 1: Financial Support and Policy Guidance - The rapid development of transition financing in China's steel industry highlights the critical role of clear and credible policy guidance in attracting large-scale capital investments [2][3] - Financial regulatory bodies are expected to introduce incentive mechanisms, including interest subsidies and adjusted assessments, to guide funding towards low-carbon transitions in the steel sector [2][3] Group 2: Capital Expenditure and Investment Needs - Since the announcement of China's dual carbon goals in 2020, the steel industry has seen a significant acceleration in low-carbon transformation, with a target for electric arc furnace production to reach 15% of total crude steel output by 2025 [3][4] - The steel industry will require at least 132 billion RMB (approximately 18 billion USD) in capital expenditures over the next five years, with 14% allocated to transitioning to electric arc furnace production and 41% to hydrogen direct reduction iron processes [3][4] Group 3: Transition Financing Initiatives - In 2024, banks in Hebei province issued transition loans totaling 2.8 billion USD (approximately 20.58 billion RMB) to the steel industry, with interest rate subsidies ranging from 5 to 150 basis points [4][5] - The issuance of green, social, and sustainability-linked bonds related to the steel sector reached a total of 3 billion USD (approximately 22.05 billion RMB) in 2024, with significant contributions from major companies like HBIS Group and Anyang Iron & Steel [4][5] Group 4: Diverse Financial Instruments - Baowu Steel Group successfully issued a low-carbon transition bond worth 10 billion RMB, with at least 70% of the funds allocated to low-carbon projects and the Belt and Road Initiative [5][6] - The establishment of a green carbon fund, initiated by Baowu Group and state capital, aims to focus on low-carbon investments in the steel industry, indicating a growing trend towards equity financing in this sector [5][6] Group 5: Recommendations for Stakeholders - The report suggests that regulatory bodies should implement targeted incentives and establish a robust financing ecosystem to support the steel industry's low-carbon transition [6][7] - Steel companies are encouraged to leverage existing transition financing frameworks and engage in carbon management practices to secure decarbonization funding [6][7]