T/CPCIF 0331-2024 Environmental, Social, and Governance (ESG) Disclosure Evaluation Standards for Petrochemical Enterprises

Scope

Scope: This document specifies the evaluation index system, evaluation methods, and evaluation results for environmental, social, and governance (ESG) disclosure of petrochemical enterprises. This document is applicable to petrochemical enterprises conducting self-evaluations of ESG disclosure, industry evaluations, and third-party evaluations. Other enterprises and financial institutions can also refer to it for ESG investments, green financing, environmental risk assessments, and environmental credit ratings. Main technical content: 5. Evaluation Methods 5.1 Evaluation Information Sources The evaluation information mainly comes from relevant reports publicly released by the enterprise during the evaluation period. 5.2 Index Scoring 5.2.1 Index Weighting The weighting of first-level and second-level indicators is determined by combining expert judgment and the analytic hierarchy process. The weighting of third-level indicators is determined based on the actual situation of different enterprises and sub-industries. The weighting of first- and second-level indicators is referenced in Appendix A. 5.2.2 Scoring Methods a) According to the weighting of first- and second-level indicators and the relative importance of each level of indicators, and based on the detail and completeness of the public information released by the enterprise, the scores of third-level indicators (0~100 points) are determined by expert judgment. The third-level indicators are listed in Appendix A. According to the scores of third-level indicators, the ESG disclosure evaluation score of the enterprise is obtained by weighting the scores of third-level, second-level, and first-level indicators at each level. The maximum score is 100.

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