A Case Study Of Datang Power’s Emission Reduction Disclosure:Current Situation And Improvement Measures

In recent years,there has been increasing attention upon environmental issues from all sectors of the society.In the case of increasingly severe environmental problems,timely disclosure of environmental information by enterprises that are major players in economic activities can provide a channel for all stakeholders to monitor their green production.Thermal power companies generate a large number of greenhouse gases,toxic and harmful gases,soot and waste residues during the power generation process.They are one of the major industries that generate atmospheric pollutants and belong to the key industries for total emission reduction.Their greenhouse gas and pollutant emissions are affected by many concerns.As the first Chinese company listed in Hong Kong of China,London,and Shanghai,Datang Power is not only subject to emission reduction policies,regulations and the information disclosure requirements of the domestic and overseas exchanges,but also faced with more competitors that excel in emission reduction.Environmental regulations from multiple parties and fierce competition in the international market have undoubtedly imposed stricter requirements on corporate emission reduction information disclosure.Hence,the challenges in emissions reduction information disclosure that Datang Power encountered cannot be ignored.This article uses case analysis as the research method,selects Datang Power,a pioneer in emission reduction information disclosure,as the case company,and selects its annual report from 2008 to 2018,social responsibility report and We Chat Weibo platform information as research objects to improve emission reduction information.Disclosure quality is the main line,and it proposes ways to improve the disclosure quality of thermal power companies’ emission reduction information,and provides inspiration for other enterprises to achieve high-quality emission reduction information disclosure.Based on the above research purposes,this article is divided into six chapters,and the specific content of each chapter is arranged as follows.Chapter 1 describes the background and significance of the topic selection,and proposes the research content and framework of this article based on existing literature.Chapter 2 systematically summarizes emissions reduction information disclosure Chapter 3 provides a preliminary introduction to Datang Power Generation’s background and emission reduction information disclosure,including emission reduction information disclosure management agencies,emission reduction information disclosure systems,and emission reduction information disclosure.Also,an evaluation system is established and intra-industry comparison is made.Chapter 4 is based on the previous chapter.An analysis of the current disclosure status of Datang Power’s emission reduction letters,points out the problems of Datang Power’s current emission reduction information disclosure.Chapter 5 proposes targeted improvements in the quality of emission reduction information disclosure based on the existing problems of Datang Power’s current emission reduction information.It is suggested to provide reference for similar types of enterprises to disclose high-quality emission reduction information,and at the same time to make suggestions for the government to strengthen supervision.Chapter 6 draws the main research conclusions based on the above theoretical basis and case analysis.The main conclusions of this article are as follows:（1）Datang Power’s emission reduction information disclosure management department is absent,and the responsible departments and systems for emission reduction information disclosure should be clarified.A three-level management system of “Headquarters-Regional Companies-Grassroots Companies” should be established to manage emission reductions under the centralized control.For information disclosure,a gradual establishment of a management system for the reduction of information on emissions is necessary.（2）Datang Power’s emission reduction information disclosure channels are poorly utilized,and it is necessary to comprehensively utilize the media and traditional media to disclose emission reduction information to provide comprehensive information users in a timely manner.（3）The content of emission reduction information disclosure is incomplete.Emission reduction information disclosure content can be improved by enhancing comparability,effectively integrating information,and ensuring the integrity of emission reduction information disclosure.（4）Datang’s reliability of emission reduction information disclosure is lacking,and it is recommended to get assurance of emission reduction information disclosure.The innovation and contribution of this paper is that this paper provides a case study of special environmental information disclosure from the perspective of emission reduction based on the case study of Datang Power’s emission reduction information disclosure,and expands the research on the details of environmental information disclosure.Also,this paper puts forward the disclosure mode of “daily disclosure from the media platform + concentrated display of regular reports”,and integration mode of the disclosure content from the aspects of “emission types” and “the whole process of emission reduction”.The disclosure and content integration mode could guide polluting enterprises to improve the quality of environmental information disclosure.