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Events & News

Carbon Emission Newsletter -January,2025

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No.1

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Nine central government departments issue the “Corporate Sustainability Disclosure Standards – Basic standards (Trial)”

Nine central government departments have collaboratively released the Corporate Sustainability Disclosure Standards—Basic Standards (Trial) to clarify the fundamental concepts, principles, methods, and objectives of corporate sustainability reporting. China’s unified sustainability disclosure framework consists of basic standards, specific standards, and application guidelines. The country aims to introduce the basic standards and climate-related disclosure standards, along with corresponding application guidelines, by 2027. The goal is to establish a nationwide system by 2030. Until the implementation scope and requirements are finalized, enterprises are encouraged to voluntarily adopt these standards. The Basic Standards integrate the four key pillars of the TCFD recommendations: Governance, Strategy, Risk Management, and Metrics and Targets.

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No.2

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Two new national standards regarding recycled plastics have been released

The two newly published national standards, "Plastics—Limits for Restricted Substances in Recycled Plastics (GB/T 45091-2024)" and "Plastics—Identification and Marking of Recycled Plastics (GB/T 45090-2024)," will come into effect on June 1, 2025. The standard on restricted substances classifies these substances into control, declaration, and warning levels, providing corresponding management measures, testing and inspection requirements, declaration procedures, and warning guidelines. It specifies limits for all restricted substances and outlines testing methods for both control and declaration categories. Meanwhile, GB/T 45090 establishes an identification system for recycled plastics, including naming conventions, symbols, and graphic representations, to facilitate the identification of materials and properties in the production and trade of recycled plastics.

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No.3

CFIE releases the 2024 “Front-Runner” Enterprises for China Industrial Carbon  Peaking 3.PNG

CFIE releases the 2024 “Front-Runner” Enterprises for China Industrial Carbon  Peaking 

At the 3rd China Industrial Carbon Peaking Forum, the China Federation of Industrial Economics announced 65 "2024 Front-Runner Enterprises for Industrial Carbon Peaking." These companies demonstrate progress in four critical areas: refining top-level design to harmonize carbon reduction with development, exploring innovative low-carbon technologies like CCUS and hydrogen energy, promoting emission reductions across the value chain, and using digitalization to enhance energy efficiency. 

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No.4

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CMA releases “China Greenhouse Gas Bulletin (2023) ” 

The 2023 China Greenhouse Gas Bulletin, published by the China Meteorological Administration on December 5, indicated that China's annual increase in atmospheric CO₂ concentrations in 2023 was slightly below the average growth rate of the past decade. This increase was roughly in line with the global CO₂ concentration growth during the same period. The bulletin also revealed that the average atmospheric concentrations of methane and nitrous oxide—two other major greenhouse gases—rose by 8 and 0.8 parts per billion, respectively, from 2022 to 2023. These increments were lower than the global averages for the same timeframe.

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No.5

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CCAPP releases “A Synergistic Roadmap for Carbon  Neutrality and Clean Air in China (2024)” 

On December 5, the China Clean Air Policy Partnership (CCAPP) convened its 2024 Annual Meeting in Beijing, where it launched the report titled “A Synergistic Roadmap for Carbon Neutrality and Clean Air in China (2024).” Focused on the theme of “Reducing pollution and carbon emissions to foster green economic development,” the report enhances the monitoring index system for the integrated control of air and climate pollutants. It examines the challenges China faces in achieving synergy between carbon neutrality and clean air, and offers targeted solutions by tracking progress across various indicators, comparing domestic and international trends, and incorporating local contexts.

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