Performance 2021 A -share ESG letter: 1366 companies released ESG reports, the financial industry disclosure rate topped the list

21st Century Business Herald reporter Lei Chen Beijing report

On September 1st, the 21st Century Business Herald was informed from the China Listed Companies Association (hereinafter referred to as the "China and Shang Association") that the association released the 2021 A -share listed company ESG information disclosure report. ESG information disclosure is analyzed.

From the analysis results, at present, the A -share listed company's ESG information disclosure awareness and level are constantly improving, but at the same time, there are still problems such as inaccurate disclosure standards and uneven disclosure rates.

The Chinese and Shanghai Association pointed out that in the future, it is necessary to continue to strengthen the system supply, upgrade disclosure requirements, and introduce disclosure guidelines, and give full play to the benchmarking role of excellent practice to achieve the listed company's overall disclosure of governance, social and environmental information under the ESG framework.

ESG information disclosure has significant differences

From the analysis results, the contents of the ESG information disclosure of A -share listed companies in 2021 were significantly different.

First, the willingness and level of listed company ESG information disclosure and level are significantly improved. As of April 30, 2022, a total of 1,366 listed companies that disclosed the social responsibility report in 2021 (excluding newly listed companies in 2022), accounting for 29.42%of all listed companies, an increase of 2.52%year -on -year.

At the same time, the space for social responsibility reports of listed companies has increased year by year, but there are also large differences. In 2021, the average length of the environment in the responsibility report of the A -share listed company in my country was 5.84 pages, an increase of 1.35 pages year -on -year. The minimum social responsibility report is only 1 page, and the most pages are 213 pages.

Second, listed companies in the financial and cultural and sports industries accounted for more than half. Among the listed companies in A-share in 2021, the information disclosure of the financial industry was the highest, reaching 88.1%; followed by the cultural and sports industry, the release rate was about 57.38%; the release rate of other industries remained at 20%-50%, and the social responsibility report was released. The lowest rate is the information technology industry, with 24.20%. The release rate of the highest proportion of listed companies is low at 25.07%.

Third, listed companies in developed areas have stronger awareness. The number of provinces with a large number of releases is concentrated in the eastern coast and other economically developed areas. The number of reports from 6 provinces (municipalities) of Guangdong, Zhejiang, Beijing, Shanghai, Shanghai, Jiangsu, and Fujian is at the forefront. The number of releases in the central and western regions is still limited, and the least Tibet and Qinghai are released. From the perspective of the release rate, the release rates of Beijing and Shanghai are 38.07%and 38.64%, respectively, ranking at the middle and upper levels.

Fourth, the main board ESG letter performance is better than the science and technology board and the GEM. From the perspective of the release report sector, the number and release rate of the motherboards of the Shanghai City City are the highest, the number of releases reached 714, and the release rate reached 43.48%. Followed by Shenzhen Main Board, the number of releases reached 420 and the release rate reached 28.67%. The number of releases of the Shanghai Science and Technology Board reached 84, with a release rate of 22.28%. The release rate of Shenzhen GEM is the lowest, the number of releases is 148, and the release rate is 13.68%.

Fifth, the ESG letter of state -owned listed companies has the highest enthusiasm. From the perspective of the nature of the company's enterprise, the number of state -owned holding listed companies issued 613 social responsibility reports, accounting for 44.88%; 561 private holding, accounting for 41.07%. From the perspective of the release rate, state -owned holding ranks at a high level with a 47.37%release rate, and the release rate of private holding is the lowest, only 19.98%.

The ESG letter structure still needs to be optimized

According to the analysis of the China -China Association, the environmental disclosure of the environment (E) listed company (E) is mostly qualitative description, and the environmental (e) information disclosure is mostly qualitative description. Compliance orientation.

The disclosure of environmental dimension information in the social responsibility report in 2021 is that there are many companies that disclose information in qualitative forms such as text description, but they lack quantitative information as support.

Data show that 48.46%of the companies have qualitative disclosure of whether the emissions of the three wastes (wastewater, waste gas, and solid waste) are compliant, and 40.56%of the company discloses qualitative disclosure of the reuse of the three wastes. In comparison, only 20.42%of the company disclosed environmental protection investment, 22.47%of the company disclosed reducing energy consumption, 15.23%of the company disclosed water saving water, and 16.76%of the company disclosed electricity.

Compared with last year, in 2021, listed companies further strengthened the qualitative disclosure of environmental information, and the degree of quantitative information disclosure declined.

Data show that on the one hand, the degree of qualitative information disclosure such as three waste discharge compliance, the re -use of the three wastes, the use of recycled resources, and the use of new energy is increased compared to 2020; on the other hand, the amount of environmental investment, reducing energy consumption, and reducing energy consumption, reducing energy consumption, and reducing energy consumption, reducing energy consumption, and reducing energy consumption, reducing energy consumption, and reducing energy consumption, reducing energy consumption, and reducing energy consumption, reducing energy consumption, and reducing energy consumption, and reducing energy consumption, reducing energy consumption, and reducing energy consumption, reducing energy consumption, and reducing energy consumption, reducing energy consumption, and reducing energy consumption, reducing energy consumption, and reducing energy consumption. The degree of quantitative information such as water consumption and electricity consumption, three waste reduction displacement decreased.

In general, the disclosure of social (S) dimension information in the report of 2021 is: First, more disclosure of the performance of the company's internal employees related to the company's internal employees. 76.43%of the company disclosed the employee's safety production system, 63.10%of the company disclosed the employment tolerance measures, and 25.26%of the company disclosed green training for employees. Second, the performance of the responsibility of creditors, investors, and community public stakeholders has less disclosure. 24.38%of the company disclosed the environmental impact on the surrounding communities, 3.29%of the company disclosed green donations, 6.81%of the company disclosed the issuance of green bonds, 0.44%of the company disclosed the issuance of green stocks, 3.37%of the company disclosed the external social responsibility report outside Audit. Compared with 2020, in 2021, listed companies further strengthened their disclosure of the performance of internal responsibility, and the disclosure of the performance of the responsibility of external interests was still insufficient.

Data show that on the one hand, the proportion of companies that disclose the tolerance of workers increased by 10.23%, and the proportion of companies that disclosed the safety production system increased by 2.96%; on the other hand, the proportion of companies that disclosed environmental impacts increased by 0.19%, and companies that disclosed green bonds were disclosed. The proportion increased by 1.14%, the proportion of companies that disclosed green stocks decreased by 0.28%, and the proportion of companies that disclosed the social responsibility report to the external audit situation increased by 0.22%.

Judging from the status quo of ESG's disclosure, listed companies have incorporated green and sustainable concepts into the development strategy, and perform well in terms of compliance. 47.29%of the company disclosed the situation of complying with relevant environmental laws and regulations or standards. 28.55%of the company disclosed environmental standards or management plans. 63.32%of the company reflected green environmental protection in the concept or culture. Reflecting green environmental protection.

However, listed companies are still weaker in terms of ESG architecture and top -level design.

According to the disclosure data, 5.34%of the company set up the green committee of the board of directors, 10.61%of the company set up green institutions under the manager level, and the company's companies with environmental protection experts were less than 2%. Consider green environmental protection factors in the incentive mechanism, and 5.42%of companies consider green environmental protection factors in the restraint mechanism.

In addition, compared with 2020, the proportion of companies that disclosed green strategies and compliance in 2021 further increased, and the disclosure of ESG architecture and top -level design was still less.

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