The two group standards of the Petrochemical Federation will be released soon - the environmental information disclosure of chemical enterprises will have standards to follow

"The legal disclosure of environmental information is a requirement for the green development of the petroleum and chemical industry, but some listed companies in the industry still have problems such as low practicability of environmental information disclosure
.
" At the standard publicity and implementation meeting, Zhou Zhuye, vice president of China Petroleum and Chemical Industry Federation, said that the Petrochemical Federation will soon release the Guidelines for Environmental Responsibility Information Disclosure of Petrochemical and Chemical Enterprises and the Evaluation Specification for Environmental Responsibility Information Disclosure of Petrochemical and Chemical Enterprises.
Group standards, take multiple measures to promote the standardization, standardization and scientificization of industry environmental information disclosure
.

"The two group standards are higher standards formulated on the basis of national information disclosure requirements and according to the characteristics of the petrochemical industry, and aim to provide enterprises with the framework, content and evaluation indicators of environmental responsibility information disclosure reports
.
Among them, the "Disclosure Guidelines" added It defines the characteristic disclosure contents of the petrochemical industry, including environmental responsibility awareness, resource input, chemical management, biodiversity, green operation, etc.

The "Evaluation Specification" mainly evaluates the detailed level of corporate information disclosure, with the purpose of setting an example and driving the whole world.
The enthusiasm and initiative of industry information disclosure
.
" Zhou Zhuye said
.

Zhou Zhuye pointed out that compared with other industries, the environmental information of the petrochemical industry is more complex
.
However, compared with international well-known chemical companies, the environmental information of domestic companies is not transparent enough and lacks communication.
It is necessary to voluntarily disclose more content with petrochemical industry characteristics on the basis of the legal disclosure required by the Ministry of Ecology and Environment, so as to guide the industry to improve Industry image, practice responsible care
.
In order to guide industry enterprises to carry out environmental responsibility information disclosure, the Petrochemical Federation organized the Research Center of Low-Carbon Economy and Management of Beijing University of Chemical Technology and some listed chemical companies to develop two group standards, "Disclosure Guidelines" and "Evaluation Specifications"
.

Liu Xuezhi, a professor at Beijing University of Chemical Technology, said that the “Disclosure Guidelines” has a three-level indicator system, including 8 first-level indicators, 29 second-level indicators, and 92 third-level indicators, which can be divided into quantitative, qualitative, legal and voluntary according to their nature.
4 categories
.
The Evaluation Standards are methodological standards, including but not limited to enterprise self-evaluation, industry annual evaluation and third-party evaluation
.
Liu Xuezhi said that in November 2020, the China Securities Regulatory Commission specifically pointed out that the consideration of environmental, social and corporate governance (ESG) factors should be strengthened in IPO listing registration or review, and environmental information disclosure is a core part of ESG reports
.
With the promotion of regulation and the market, companies should realize that environmental information disclosure is not only a concept, but also a strategic orientation that can quantify and affect corporate valuation
.

Director Li Xiaoliang of the Environmental Planning Institute of the Ministry of Ecology and Environment suggested that, as the main body of the legal disclosure of environmental information, enterprises should establish and improve the management system for legal disclosure of environmental information, establish an accurate environmental information management ledger, properly keep relevant original records, and scientifically collect relevant environmental information
.
At the same time, relevant data and expressions shall be used reasonably in accordance with the standards and technical requirements and specifications of environmental monitoring and environmental statistics
.

Zhou Zhuye said that in order to promote the disclosure of environmental information in the industry, the Petrochemical Federation will make efforts from four aspects
.
The first is to complete the research on the disclosure format of environmental information resources in the petrochemical industry by the end of June; the second is to strengthen industry information disclosure consulting services to answer questions for enterprises; the third is to guide enterprises to carry out self-evaluation, industry annual evaluation and third-party evaluation, drive and enhance The enthusiasm of industry enterprises to take the initiative to fulfill their responsibilities; the fourth is to promote the inclusion of environmental information disclosure content in the identification of the industry's green manufacturing system
.

At the meeting, Li Huayou, Director of the Policy Division of the Comprehensive Department of the Ministry of Ecology and Environment, introduced the background of the introduction of the environmental information disclosure system; Qin Erwa, a researcher at the China Securities Finance Institute, introduced the basic situation and requirements of environmental information disclosure of domestic and foreign listed companies; China Chemical Environmental Protection Association Chairman Zhou Xianhui made a concluding speech
.

The conference was jointly organized by the Petrochemical Federation, the Environmental Planning Institute of the Ministry of Ecology and Environment, and the China Chemical Environmental Protection Association, and co-organized by Beijing University of Chemical Technology
.