It's not easy to evade the facts and disclose false environmental information

　Global Coatings Network News: On May 24 , the Ministry of Ecology and Environment issued the "Environmental Information Disclosure System Reform Plan" ( hereinafter referred to as the "Reform Plan" ) , and the China Securities Regulatory Commission publicly solicited opinions on the revision of the content and format of the annual report of listed companies.

　Global Coatings Network News: On May 24 , the Ministry of Ecology and Environment issued the "Environmental Information Disclosure System Reform Plan" ( hereinafter referred to as the "Reform Plan" ) , and the China Securities Regulatory Commission publicly solicited opinions on the revision of the content and format of the annual report of listed companies.

There are laws to disclose environmental information according to law, and there are laws to disclose environmental information according to laws.

The relevant person in charge of the Comprehensive Department of the Ministry of Ecology and Environment said that true, accurate and complete corporate environmental information disclosure is the basis for promoting the modernization of the environmental governance system.

The "Reform Plan" drafted by the Ministry of Ecology and Environment this time focuses on the overall design of the legal disclosure system of environmental information, implements the legal obligations of corporate environmental governance entities, improves the effectiveness of supervision and management, and enhances the level of public participation, and promotes the formation of corporate self-discipline, effective management, strict supervision, and Support a strong environmental information disclosure system in accordance with the law, and provide strong support for precise pollution control, scientific pollution control, pollution control in accordance with the law, and the establishment of an ecological civilization system.

Clarify environmental information disclosure tasks and goals Clarify environmental information disclosure tasks and goals Clarify environmental information disclosure tasks and goals

"Reform" from the main body of clear disclosure, to determine the disclosure and timely disclosure of information, and improve disclosure form, strengthen enterprise management, 5 aspects, specifically the establishment of a sound environmental information disclosure norms required by law mandatory tasks.

"Reform" from the main body of clear disclosure, to determine the disclosure and timely disclosure of information, and improve disclosure form, strengthen enterprise management, 5 aspects, specifically the establishment of a sound environmental information disclosure norms required by law mandatory tasks.

One is to clarify the subject of mandatory disclosure of environmental information.

The second is to determine the mandatory disclosure content of environmental information.

　　The third is to disclose important environmental information in a timely manner.

　　The fourth is to improve the form of mandatory disclosure of environmental information.

　　The fifth is to strengthen the internal environmental information management of the enterprise.

　　"Reform" is also clear from the list of enterprises, strengthen the industry, to establish a shared mechanism 3 aspects, defined the task of establishing legally mandatory disclosure of environmental information collaborative management mechanisms.

　　Environmental penalties are expected to be compulsory disclosure of environmental penalties is expected to be mandatory disclosure of environmental penalties is expected to be mandatory disclosure

　　The mandatory disclosure requirements on environmental penalties for listed companies are also expected to be further clarified.

　　The mandatory disclosure requirements on environmental penalties for listed companies are also expected to be further clarified.

　　The relevant person in charge of the Shanghai Minhang District Qingyue Environmental Protection Information Technology Service Center of the environmental protection organization believes that it is particularly important to pay attention to the fact that in this chapter, the adjective " major " does not appear in the description of environmental administrative penalties , and regardless of whether it belongs to the " key " "Pollutant discharge units " should disclose punishment information.

　　The relevant person in charge of Shanghai Qingyue believes that if the amendment is implemented in accordance with the content of the draft for comments, there should be no dispute about whether the environmental administrative penalties accepted by listed companies in the future need to be “ significant ” before they need to be disclosed.
The relevant departments are receiving similar reports.
There are also clearer criteria for judgment.

　　According to current regulations, listed companies should disclose the occurrence of major events that may have a greater impact on prices.
However, in line with the principle of " reporting the good and not the worry " , many listed companies will refuse to disclose environmental punishment information on the grounds that they do not constitute a major punishment.

　　According to current regulations, listed companies should disclose the occurrence of major events that may have a greater impact on prices.
However, in line with the principle of " reporting the good and not the worry " , many listed companies will refuse to disclose environmental punishment information on the grounds that they do not constitute a major punishment.

　　Statistics show that 2019 China's Shanghai and Shenzhen stock market listed companies a total of 3939 home has been published related to environmental responsibility report social responsibility report and corporate sustainability reporting less than three percent.

　　Statistics show that 2019 China's Shanghai and Shenzhen stock market listed companies a total of 3939 home has been published related to environmental responsibility report social responsibility report and corporate sustainability reporting less than three percent.

　　" This time the CSRC’s draft for comments, first of all, from the disclosure of the annual report and semi-annual report, further explicit mandatory disclosure requirements for substantial ESG information disclosure.
" The relevant person in charge of Shanghai Qingyue said, although each The exchange’s ESG disclosure guidelines have not yet been officially released for public comments, and some detailed requirements have yet to be perfected, but the footsteps of ESG landing on the Chinese stock exchange are getting closer.

" This time the CSRC’s draft for comments, first of all, from the disclosure of the annual report and semi-annual report, further explicit mandatory disclosure requirements for substantial ESG information disclosure.
" The relevant person in charge of Shanghai Qingyue said, although each The exchange’s ESG disclosure guidelines have not yet been officially released for public comments, and some detailed requirements have yet to be perfected, but the footsteps of ESG landing on the Chinese stock exchange are getting closer.