ESG News|July
92
Domestic news: 1. Beijing issues carbon inclusive management measures to promote citizens' "green behavior monetization" Beijing has issued the "Carbon Inclusiveness Management Measures (Trial)", which will take effect from September 2025. Citizens are encouraged to engage in carbon reduction activities such as low-carbon travel, garbage classification, and landscaping. The emission reduction credits can be traded on the carbon market and exchanged for material rewards or public welfare benefits. Platforms like AutoNavi and Baidu have already launched related projects, with over 5.6 million participants. (Source: Beijing Daily)
2. The first batch of pilot catalogues for carbon footprint labeling and certification of products has been released, with 17 types of products selected The State Administration for Market Regulation, the Ministry of Ecology and Environment, and the Ministry of Industry and Information Technology jointly released the first batch of pilot catalogues for carbon footprint labeling, covering 17 types of products including lithium batteries, photovoltaic modules, computers, and cement. The pilot will commence in August 2024, with the aim of establishing a comprehensive certification system within three years to facilitate the implementation of the green product labeling system. (Source: the State Administration for Market Regulation)
3. The first technological innovation green corporate bond of Beijing Stock Exchange was successfully issued CCCC First Highway Engineering Co., Ltd. issued its first "technology + green" short-term bond on the Beijing Stock Exchange, with a scale of 300 million yuan and an interest rate of 1.60%, setting a record for the lowest coupon rate in the history of central and state-owned enterprises. The funds raised will be used entirely in the field of green buildings, marking a breakthrough in the innovation of green financial products by the Beijing Stock Exchange. (Source: Beijing Stock Exchange)
4. The National Energy Group has released "Qingyuan", the world's first billion-level large model in the power generation industry The National Energy Group has released its AI large model "Qingyuan", which covers 15 major fields and 75 scenarios in the power generation business. It supports the full-chain intelligent transformation of power dispatch, equipment operation and maintenance, and promotes autonomous optimization and intelligent decision-making in the power system. (Source: National Energy Administration)
5. Shenzhen Stock Exchange's ChiNext Composite Index introduces an ESG negative screening mechanism. The Shenzhen Stock Exchange has revised the GEM Composite Index scheme, introducing a new ESG negative exclusion mechanism that will exclude sample stocks with an ESG rating of C or below. Additionally, a ST risk warning mechanism has been introduced to enhance the quality and investability of the index samples. (Source: Xinhua Finance)
International news: 1. AI for Good releases a collection of global excellent cases, with China contributing 33% of the cases The 2025 AI for Good Summit was held in Geneva, unveiling 160 outstanding AI application cases globally, with China accounting for 33%. The cases span across healthcare, urban governance, energy, and other fields, with prominent Chinese companies such as China Mobile, vivo, and Huawei actively participating. (Source: China Academy of Information and Communications Technology)
2. GRI releases new versions of "Climate Change" and "Energy Standards", enhancing the integrity of ESG disclosure The Global Reporting Initiative (GRI) released the new version of GRI 102/103 standards in June, emphasizing key information disclosure requirements such as "just transition", carbon credits, and value chain energy use, and maintaining alignment with standards such as IFRS and SBTi to assist enterprises in addressing climate risks. (Source: ESG Today) 3. Morgan Stanley: 88% of companies view sustainability as a value opportunity, with awareness declining in Asia Morgan Stanley has released its 2025 Corporate Sustainability Survey Report, covering over 300 companies worldwide. 88% of the surveyed companies believe that sustainability can create value, with a decrease in the proportion in Asia. It has become a consensus that climate events affect operating costs and profits. (Source: TodayESG)
4. The UK government terminates the promotion of the green finance taxonomy, focusing on other policy paths The UK Treasury announced the discontinuation of the "green classification system" due to unclear practical application value and divergent public feedback. The policy will shift towards more operational tools such as the UK Sustainability Reporting Standard (UK SRS), industry roadmaps, and economic incentives. (Source: ESG Today)
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