An Empirical Study Of Resource-based Enterprises Energy Conservation And Emission Reduction Government Auditing

For a long time, the economic development in China has been built on the energy policy of high consumption and high emission. As time goes by, the resource waste and environmental pollution gradually form a vicious circle, which severely damage the economic development. The importance of energy conservation and emissions reduction is brought to public attention, and low carbon economy is born to achieve sustainable economic development. As we know, independent audit plays an irreplaceable role in evaluating the performance of energy conservation and emission reduction, and it is well recognized among most countries in the world. In China, based on its economic development pattern, it is suitable to conduct the audit work from the perspective of the government. Also it’s known that establishing comprehensive audit evaluation index is helpful to supervise and evaluate the implementation of enterprise’s energy conservation and emissions reduction work. Considering the current situation in government auditing work related to energy efficiency, this paper designed specific auditing evaluation criteria, applied the expert scoring method to optimize the evaluation index, and adopted AHP to determine the index weight, based on the background of government auditing work and the principle of constructing auditing criteria.This paper selected 112 resource-based companies that are trading on Shanghai and Shenzhen stock exchanges during the time period 2011-2013. Based on this sample, we calculated the weighted enterprise audit evaluation index in the centesimal scale. Then we applied the descriptive analysis to summarize the characteristics of energy conservation and emissions reduction in these resource-based companies. Finally we conducted the corresponding statistical tests to analyze the rationality and feasibility of the audit evaluation index.In summary, we have come to the following conclusions: the energy conservation and emission reduction work of listed resource-based companies is not very effective at present; the development of audit evaluation index would be beneficial to the government to get an objective opinion of the energy conservation and emissions reduction performance. Based on these results, this paper also discussed the problems that the government will face in future during the process of promoting the audit evaluation index.