推动可持续信息披露,金融机构可先行先试

Financial Institutions Take the Lead in Sustainable Information Disclosure

近年来,海内外监管部门正逐步推动可持续信息的高质量披露,上市公司主动披露可持续信息的意愿逐年提升。但目前A股上市公司的可持续信息披露质量,从可比性、一致性等方面仍存在较大提升空间。结合国际经验,我们提出,可以优先引导金融机构提升投资层面的可持续信息披露质量,再通过投资激励,让企业主动提升。而监管部门则可以跨部门协作,构建起常态化披露平台、利用资产所有者的“杠杆效应”,可进一步提升施策效率。

Domestic and overseas regulators have been promoting high-quality sustainability-related disclosure and listed companies have been increasingly willing to disclose sustainability-related information.However,there is considerable room for improvement in the comparability and consistency of sustainabilityrelated disclosures.Drawing on the experience of the global market,this paper proposes that financial institutions should improve the quality of sustainability-related disclosure,using investment to incentivize companies.At the same time,regulators can build a cross-departmental coordination mechanism and a fundamental database for sustainability-related disclosure.Regulators can also make use of asset owners to encourage financial institutions to improve the quality of sustainability-related disclosure.