Environmental Information Disclosure in China--Empirical research based on listed companies in mining industry

Abstract

Due to climate change and global warming, governments and public are more aware of the importance of environmental protection. China's economy is on the road of "dual carbon" goals and ecological civilization, and the Chinese government has greatly accelerated the construction of relevant regulations on corporate environmental information disclosure (EID). In the past, Chinese enterprises has always remained low willingness towards EID, and the quality of EID was rather low without mandatory regulations. The leadership of the government is urgently needed. Recently, The China Securities Regulatory Commission (CSRC) and the Ministry of Ecology and Environment (MEE) have successively issued mandatory environmental information disclosure requirements for key pollutant-discharge enterprises, asking them to disclose corporate environmental information in their annual reports and environmental reports. This article sorts out China's latest EID requirements, and selects 46 companies in the mining industry of the Shanghai and Shenzhen Stock Exchanges, which are also key pollutant discharge units, to investigate their information disclosure after the introduction of latest regulations and supervision.