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2024 observation report on carbon emissions information disclosure by a-share and h-share listed companies in the yangtze river delta chemical industry

2024-09-19

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today i will share the [2024 yangtze river delta chemical industry ah-share listed companies carbon emissions information disclosure observation report] report producer: green jiangnan

the chemical industry is one of the main sources of greenhouse gases in the industrial sector. it is an energy-intensive and high-emission industry. carbon management is more difficult than in other industries, but it is crucial for industrial carbon emission reduction. globally, carbon emissions from the chemical industry account for 5.8% of total emissions (including 3.6% of industrial energy emissions and 2.2% of direct industrial emissions). as the world's largest producer of chemicals, my country's carbon emissions from the chemical industry account for about 5.3% of the country's total emissions, and its carbon emissions per unit of gdp are relatively high.

as the global climate crisis becomes increasingly severe, environmental protection standards and green and low-carbon initiatives are sweeping the world with unprecedented force, and higher requirements are also being placed on the sustainable development of the chemical industry. taking the european union as an example, its "new battery act"2 has officially come into effect on august 17, 2023. from july 2024, power batteries and industrial batteries must declare their product carbon footprints before being sold in the european market. in 2023, my country's exports of basic organic chemicals amounted to us$57,510,356,0003. at present, the overall development trend of international trade is good, but it is also affected by international policies and regulations. governments of various countries have introduced strict carbon emission management policies, such as the eu's carbon tariff (cbam), which requires imported goods to meet certain carbon emission standards, thereby exerting direct pressure on exporting companies. under the guidance of the dual carbon goals, my country has also issued a series of policies and regulations, such as the "2024-2025 energy conservation and carbon reduction action plan" issued by the state council on may 23, 20244, requiring the acceleration of energy conservation and carbon reduction transformation in the petrochemical and chemical industries. therefore, carbon reduction is not only a reflection of chemical companies’ environmental protection responsibilities, but also an inevitable choice in the face of market pressure, and a necessary path to adapt to the development trend of the times.