Research On Sinopec Environmental Accounting Information Disclosure

With the rapid development of China’s economy after the reform and opening up,a series of environmental pollution problems have also come one after another.Since 2012,the country’s weather conditions have continued to deteriorate.By 2017,hazy weather has infested more than 30 provinces and regions in the country and nearly 200 cities.The deterioration of its environment not only causes serious harm to human health,but also restricts the harmonious development of China’s green economy.In the production development of modern enterprises,petrochemical enterprises are the ones that cause the most serious pollution.They seek the greatest economic benefits in their production and development,and at the expense of the environment,they give the development of the national economy and the protection of the ecological environment.A major challenge has come.Therefore,in the development of green economy,petrochemical companies are the key to governance.the disclosure of corporate environmental accounting information has become an important channel for government supervision and public supervision and has received increasing attention.In order to standardize corporate behavior,It must be guided by policies to assume responsibility for environmental protection that cannot be shirked.However,considering comprehensively,due to China’s earlier development path of “first economic and post-governance”,the relevant environmental protection system and environmental accounting information disclosure system are not perfect,and a series of supporting systems are not perfect,giving companies disclosure of environmental information.The problem is an opportunity.Environmental accounting information disclosure has gradually attracted the attention of all sectors of society and has become an important measure for companies to take responsibility for environmental protection.Sinopec is a representative of the basic industries for the development of China’s economic construction.According to the "Guide to Environmental Disclosure of Listed Companies" published by the Ministry of Environmental Protection on September 14,2010,it was also defined as the top of the 16 heavy polluting industries in China.For Sinopec companies,their exploration,mining,refining and other links are all closely related to environmental protection.Therefore,whether it is in the industry reference or the comparison of polluting companies,the selection of Sinopec environmental accounting information disclosure as a research object is more representative.This article mainly uses literature research and case study methods.Through the literature research method,we learned about the relevant literature in the field of environmental information disclosure,classified and analyzed the literature,and then we have a comprehensive understanding of the current situation of environmental accounting information disclosure and predecessors’ research results.In the disclosure of environmental accounting information,case study methods are used to understand the relevant factors,measures,and methods that affectSinopec’s environmental accounting disclosure.Combined with relevant data in the specific prospectus,annual report,social responsibility report,sustainable development report,corporate bulletin,and health and safety environment report of the Sinopec enterprise in 2007-2016 as the source of data.Analyze the disclosure method,disclosure content,and external supervision of Sinopec corporate environmental accounting.At the same time,on the basis of the establishment of an industry evaluation system based on the proposal of the Ministry of Environmental Protection,based on the theory of sustainable development theory,social responsibility theory,and information asymmetry,a behavioral evaluation system suitable for Sinopec’s own disclosure of environmental accounting information is established.CEBAS).According to the system,the linked parameters were established to standardize the disclosed behaviors.After using statistical analysis methods,combined with measurement indicators in the behavioral evaluation system,through detailed data comparison and system scoring analysis,it was found that Sinopec companies have evasions in the contents of environmental accounting information disclosure,related environmental information is not comprehensive,and there is no comparability There are many kinds of disclosure methods,and the contents of the disclosure are scattered;the environmental impact on blindly emphasizes energy conservation and emission reduction,and lack of detailed description of objective facts,such as pollution treatment programs,environmental protection and energy conservation R&D instructions.Based on a comprehensive analysis,the following conclusions are drawn: The concept of governing the country with green development leads to a relative reduction in the profitability of Sinopec,a sharp increase in the cost of exploration and exploitation,a reduction in environmental input,and a lack of transparency and transparency in environmental accounting information.There is no necessary government supervision and management,and environmental accounting information disclosure system.The ability to implement incomplete and related environmental audits needs to be improved.Therefore,this paper aims to establish a special disclosure behavior evaluation system for Sinopec companies in the disclosure of environmental accounting information.Through the comparison of environmental information disclosure methods and content,the problems existing in the enterprise are discovered,and targeted suggestions are made to improve the problems.The overall corporate environmental information disclosure quality.At the same time,it is also hoped that the specific disclosure behavior evaluation system can also give other petrochemical companies a certain reference value,so as to promote the development of the entire petrochemical industry in harmony with the harmonious development of the green economy.