Sinocarbon - Solving Environmental Problems via Market Mechanism Being a Good Link Between "Human and Environment"

Commercial banks should set up stable and feasible carbon neutrality targets, and establish a normalized mechanism for target tracking and disclosure.

Thu, 27 Mar 2025 00:00:20 -0700

Recently, SinoCarbon Innovation and Investment Co., Ltd. released the Insights into Climate-Related Information Disclosure of Major Commercial Banks in Asia (2024).

Against the backdrop of accelerating global climate governance, banks, as core engines of economic activity, have seen their roles and responsibilities become increasingly prominent. Climate-related information disclosure has become a critical bridge linking financial activities with low-carbon transitions. Based on research data from 50 representative commercial banks across Asia, the report provides the first comprehensive analysis of the latest progress and best practices in climate-related disclosures across four pillars: climate governance, climate strategy, risk management, and metrics & targets. The report aims to foster industry knowledge-sharing and support regulators in refining green finance and transition finance policies by mapping the banking sector's latest climate actions and strategic directions.

Key Findings:

Approximately half of the evaluated banks demonstrated relatively mature overall disclosure practices in climate action.
Among the four pillars, Asian commercial banks showed the strongest performance in governance, with an overall disclosure score rate of about 84%. The overall disclosure score rate for risk management is about 57%, while for strategy, it is about 54%; The overall disclosure score rate at the indicator and target level is about 45%, and there is significant room for improvement in both disclosure rate and disclosure quality.

Access the full report:

Download Insights on Climate-Related Information Disclosure by Major Commercial Banks in Asia (2024)Read More

Rankins Ratings (RKS) Partners with Various Institutions to Hold the First 2022 China Listed Companies TCFD Climate-related Financial Disclosures Rating Release and Conference

Thu, 29 Sep 2022 01:29:27 -0700

Recently, more and more countries are exploring climate disclosures and have published relevant policies to encourage listed companies to disclose climate-related financial disclosures. On 27th September, Rankins Ratings (RKS), Noah Holdings, Yicai Research Institute and Sino Carbon Innovation & Investment (SCII) co-organized the First 2022 China Listed Companies TCFD Climate-related Financial Disclosures Rating Release and Conference.

Noah Holdings' founding investor and director Jiayu Zhang said in her opening speech that climate is the most significant global challenge in this century and climate governance has become a common global issue. The TCFD is a well-recognized framework for climate-related financial disclosures on the NYSE and HKEX and has become an important reference for financial institutions and companies globally to develop high-quality climate-related financial disclosures. The framework can help investors and decision-makers understand the financial risks of climate change, including the risks to companies, investors and even the overall financial system.

Figure: Jiayu Zhang, the Founding Investor and Director of Noah Holdings

Jin Li, Vice-General Manager of Shanghai Environmental Energy Exchange, gave a speech at the event and said that developing a unified climate-related disclosure framework, will help investors and financial institutions to reasonably assess climate-related risks and opportunities to make more informed financial decisions. She said she was looking forward to further deepening the cooperation with more professional...Read More

SinoCarbon participated in the preparation of the 2021 "Green Paper on Climate Change"

Thu, 16 Dec 2021 22:40:25 -0800

On December 16, 2021, the press conference of the Green Paper on Climate Change "Coping with Climate Change Report 2021: Carbon Neutrality Album" and the "Carbon Peaking and Carbon Neutrality" summit forum were held at the China Meteorological Administration.

The Green Paper on Climate Change is the authoritative annual publication in the field of climate change in China. Since the launch of the "Report on Climate Change (2009): Leading to Copenhagen" in 2009, the Green Paper on Climate Change has been a unique combination of natural science and social science. It has witnessed the international climate process, closely followed the pulse of China's green and low-carbon development, reflected the frontier issues in the field of climate change research, and provided rich, timely, and forward-looking ideological results for the public to fully understand global climate change issues and policy actions to address climate change.

According to WANG Limin, President of Social Sciences Literature Publishing House, the 2021 Green Paper on Climate Change focuses on carbon peaking and carbon neutrality and presents a panoramic view of the challenges and opportunities, priorities and difficulties, development paths, key technologies, and policy actions that China faces in realizing the "dual carbon" goal. Through rigorous analysis, the Green Paper pointed out that the implementation of the "dual carbon" goal should focus on emission reduction, while the difficulty lies in energy transformation. In particular, it proposed to lead the green and low-carbon development of various industries such as industry, construction, and...Read More

Mr. TANG Renhu, the General Manager of SinoCarbon Innovation and Investment ltd., (SCII) attended 2021 Caijing Carbon Neutrality Summit and Chinese Listed Companies Carbon Emission Ranking Conference

Tue, 16 Nov 2021 22:30:33 -0800

On November 17, 2021 Caijing Carbon Neutral Summit and Carbon Emission Ranking Conference of Chinese Listed Companies, organized by Caijing Magazine and supported by SinoCarbon, was held in Beijing. The conference published the first carbon emission ranking of Chinese-listed companies: Chinese Listed Companies Carbon Emissions Ranking (2021)

DAI Xiaojing, President of Caijing Magazine, and TANG Renhu, General Manager of SCII, delivered their opening speeches respectively. In his speech, Mr.Dai pointed out that how to reduce carbon emission in development and how to achieve a win-win situation of development and carbon emission reduction are two great challenges for China. Enterprises are the main sources of carbon emissions, and listed companies are the main force of enterprises, whether listed companies pay attention to carbon reduction is crucial for the country to achieve the dual-carbon goal.

TANG Renhu, general manager of SinoCarbon, said in his speech that realizing the dual carbon goal is an undertaking that should have height, breadth, depth and density, and has four typical characteristics: first, long-term and stable expectations; second, openness and transparent information disclosure; the third is open, fair and strict law enforcement; last but not least, when you have the right mindset, you will find the way under your feet.

The summit forum invited people from the government, universities, consulting agencies, enterprises, and other fields to share their professional insights. CHAI Qimin, Director of the National Center for Climate Change Strategy and...Read More

Company News | SinoCarbon Innovation and Investment ltd., participated in the United Nations Biodiversity Conference and provided carbon-neutral services

Thu, 14 Oct 2021 20:19:31 -0700

From October 11 to 15, 2021, the fifteenth meeting of the Conference of the Parties to the Convention on Biological Diversity (CBD COP15) was held in Kunming. With the theme of “Ecological Civilization: Building a Shared Future for All Life on Earth”, the COP15 conference aims to advocate and promote the construction of global ecological civilization, emphasizing that man and nature are a community of life, emphasizing respect for nature, conforming to nature and protecting nature. Efforts should be made to achieve the sustainable use and benefit sharing of biodiversity proposed by the Convention by 2050, and to realize the vision of "harmonious coexistence between humans and nature". The COP15 conference will be held in two phases from October 11 to 15 and the second half of 2022. This is the first global conference held by the United Nations with the theme of ecological civilization.

This COP15 conference has achieved carbon neutrality throughout the process

As the host city, Kunming has comprehensively carried out the top-level plan for carbon neutrality at the conference and runs the concept of sustainability throughout the whole process of conference preparation. Forests have multiple ecological functions, such as protecting biodiversity and absorbing carbon dioxide. Therefore, COP15 achieves carbon neutrality by investing in new forestry carbon sink projects. As a greenhouse gas...Read More

SinoCarbon Innovation and Investment ltd., provides carbon neutrality services for the National Games of China

Fri, 17 Sep 2021 22:27:17 -0700

On September 15, the 14th National Games, the 11th National Paralympic Games and the 8th Special Olympics Games of China opened in Xi'an. President Xi Jinping attended the opening ceremony and announced the opening of the games. In order to implement the carbon peaking goal and carbon neutrality vision proposed by President Xi, practice the green and low-carbon concept, advocate resource-saving and environmentally friendly production, lifestyle, and consumption patterns, promote simple and moderate social fashion, and help achieve the dual carbon goals, the National Games formulated the "Carbon Neutral Action Implementation Plan" and implemented a large-scale event carbon neutral action.

In accordance with the requirements of the entrusting party, SinoCarbon has carried out a large amount of research work with cooperative entities, referring to the "Guidelines for the Implementation of Carbon Neutrality of Large-scale Events (Trial)" and other relevant documents by the Ministry of Ecology and Environment, throughout 6 months of site-visits in 12 prefectures and cities in Shaanxi province, as well as several afforestation plots, completed the data research and evaluation report, passed the expert review, and obtained the approval of relevant leaders and experts’ high recognition.

It is reported that this National game is the first time in the history of China's National Games to achieve carbon neutrality, which will provide a meaningful reference for China's large-scale activities in the future.

SinoCarbon was selected for the list of national-level specialized, refined, featured and original "little giant" enterprises

Wed, 28 Jul 2021 22:50:57 -0700

After the initial verification and recommendation of the provincial SME authorities, through the procedures of the industry association's restrictive condition demonstration and expert review, Beijing SinoCarbon Innovation and Investment Co., Ltd. was awarded the honorary title of national-level specialized, refined, featured and original "little giant" for its comprehensive service capabilities in the field of "Carbon Peaking and Carbon Neutrality".

Specialized, refined, featured and original "little giant" enterprises are outstanding among the small and medium-sized enterprises that have been screened out layer by layer. They focus on market segments, have strong innovation capabilities, high market share, strong growth, master key core technologies, and are vanguard companies with excellent service. The successful selection into the list of national-level specialized, refined, featured and original "little giant" enterprises is a strong recognition of SinoCarbon's service capabilities, technologies, and products in the "dual carbon" field.

As a comprehensive service company that attaches great importance to technology research and development, SinoCarbon has continued to provide comprehensive services in the green and low-carbon field for national and local government branches, international institutions, domestic and foreign enterprises, and non-governmental organizations for many years, and undertakes the national key basic research development plan, National Science and Technology Support Plan, National Key R&D Plan, National...Read More

SinoCarbon Innovation and Investment Co. Ltd., helps China Southern Fund launch the first carbon neutrality action plan for Chinese public funds

Tue, 20 Apr 2021 23:03:49 -0700

Actively responding to climate change and achieving the goals of "carbon peaking by 2030 and carbon neutrality by 2060" are the inherent requirements for China to achieve sustainable development, and it is also the mission of a responsible major country.

Facing the situation of carbon peaking and carbon neutrality, Southern Asset Management is the first in the public offering fund industry to launch a carbon neutrality action plan, which will help realize the vision of carbon neutrality in terms of company operations, information disclosure, risk control, product research and development, and promotion of ESG concepts.

Southern Asset Management will cooperate with Beijing SinoCarbon Innovation and Investment Co., Ltd. to calculate the carbon emissions of the company's operations, and to formulate plans to achieve carbon neutrality in its own operations (Scope 1, Scope 2).

In this regard, YANG Xiaosong, general manager of Southern Asset Management and leader of the ESG leadership group, said:

It is the vision of Southern Asset Management to become a "world-class asset management group worthy of trust", and it is the bounden duty of Southern Asset Management to fulfill social responsibilities.

Facing the challenges and opportunities brought about by the carbon peaking and carbon neutrality goals, Southern Asset Management...Read More

SinoCarbon Innovation and Investment Ltd., (SCII) was invited to participate in the "Carbon Neutral 2060" forum hosted by CICC

Wed, 24 Mar 2021 23:08:35 -0700

The Carbon Neutral 2060 Forum was held by China International Capital Corporation in Beijing from 23 to 24 March 2021. The forum focused on "Carbon Road of China". Leaders of relevant government departments, domestic and foreign top academic experts, industry leaders and top investors attended this forum to discuss China's carbon neutrality path in the next 40 years, and its policy implications and investment opportunities.

At the opening ceremony, Mr Rujun Shen, Chairman of CICC, expressed his gratitude to all the guests. He said that carbon neutrality fits in with the direction of China's economic and industrial structural transition from an internal perspective; the carbon peaking and carbon neutrality targets demonstrate the responsibility and commitment of a great nation. Since its establishment, CICC has been serving the country's reform and opening and capital market development and working side by side with all sectors to contribute to China's green development.

At the main forum on the morning of the 23rd, distinguished domestic and international guests from relevant fields delivered keynote speeches. They provided a panoramic analysis of China and even global carbon neutrality from various perspectives, including carbon pricing, technological progress and social governance.

At the same time, this forum also set up 12 parallel sub-forums, in-depth focused discussion: "Carbon Neutrality: Policies and Implications", "The Can and Can't of Carbon Markets", "Investment Opportunities and Challenges under Carbon Neutral and ESG Principles", "Green Finance", "Prospects for International Cooperation on Carbon Neutrality", "Carbon Neutral Technologies", "Green...Read More

China Venture Carbon Investment Sinocarbon assists Qujing Municipal Ecology and Environment Bureau in holding carbon inclusive m...

Fri, 07 Aug 2020 20:13:56 -0700

China Venture Carbon Investment Sinocarbon assists Qujing Municipal Ecology and Environment Bureau in holding carbon inclusive mechanism demonstration and training on climate change capacity building

From August 6th to 7th, 2020, Sinocarbon assisted Qujing Municipal Ecological Environment Bureau to successfully hold a carbon inclusive mechanism demonstration and a training course on climate change capacity building. Qujing Municipal Ecological Environment Bureau, Municipal Development and Reform Commission, Municipal Finance Bureau, Municipal Statistics Bureau, Municipal Industry and Information Bureau, Municipal Transportation Bureau, Municipal Public Security Bureau (Vehicle Management Office), Municipal Market Supervision Administration, Municipal Agriculture and Rural Areas Relevant personnel from 12 units including the Municipal Bureau, Municipal Housing and Urban-Rural Development Bureau, Municipal Forestry and Grassland Bureau, and Municipal Energy Bureau, as well as 42 key corporate carbon emission management units in the city participated in this training.

Luan Yunchun, deputy director of Qujing Ecological and Environment Bureau, attended the meeting and pointed out in his speech that it is necessary to conscientiously implement national and provincial-level greenhouse gas emission control deployment requirements, further clarify goals and tasks, improve the ability to respond to climate change, and implement ecological civilization for Qujing City Take the lead in building and improving the basic ability of urban low-carbon development to lay a solid foundation to ensure the completion of the city's carbon emission intensity reduction target task; it is necessary to improve political positions, enhance the sense of responsibility and urgency in addressing climate change, strengthen target responsibility, and promote the response to climate change, Constructive suggestions such as the demonstration and construction of carbon...Read More