Research On Corporate Carbon Asset Management In Low-carbon Economy

If human beings continue to develop economy at the expense of the environment,serious ecological problems will threaten the survival of human beings in the near future.The Chinese government has formulated a "dual carbon target" with set a clear timetable and roadmap to ensure the realization of the target.In terms of specific implementation,according to the emission reduction target,the total annual carbon emission amount of the country is set and implemented to each enterprise one by one.Enterprises with excessive emissions will be punished.In order to increase the enthusiasm of enterprises for energy conservation and emission reduction,since 2011,Beijing,Tianjin,Shanghai and other places have carried out carbon emission trading pilots to encourage enterprises to trade carbon emission rights.After ten years of exploration,the national carbon emissions trading market was officially launched in July 2021.By giving play to the role of the market mechanism,enterprises can promote energy conservation,emission reduction and green transformation.As a highly polluting and energy-intensive industry,petroleum and petrochemical industry ranks among the top in the industrial field in terms of carbon emissions.It has always been a key emission control industry,and has a huge impact on whether the industrial sector can achieve carbon peaking before 2030.Only by embarking on the path of low-carbon transformation and carrying out effective carbon asset management can help enterprises achieve emission reduction targets,increase carbon income and enhance their low-carbon competitiveness.Under the background of low-carbon economy,it is of great practical significance to explore suitable carbon asset management methods for enterprises to promote energy conservation and emission reduction.At present,most enterprises in China have low level of understanding of carbon asset management,and the relevant research literature is also scarce,which needs to attract more attention from the both theoretical and practical circles.SH Inc.,a leading enterprise in the petrochemical energy industry,has been actively participating in carbon trading in the international carbon market by carrying out carbon asset management and gaining considerable benefits before China has introduced a policy to constrain carbon emissions,and has successfully achieved green transformation while maintaining the top business performance in the industry for many years in a row.Therefore,this thesis selects SH Inc.as the research object,and analyzes the method of SH Inc.to carry out carbon asset management and the economic and environmental benefits obtained.First,the research significance of this thesis is explained in combination with the carbon emission problems faced by my country.By reviewing relevant domestic and foreign literature,the research ideas of this thesis are determined on the basis of sorting out and summarizing the existing research;secondly,the concepts of carbon assets and carbon asset management are defined.Meanwhile,introduce the system and basic methods of carbon asset management and the theoretical basis of this thesis;then use the case analysis method to study the basic situation of SH Inc.and its carbon assets,and elaborate the SH Inc.’s carbon asset management system and specific methods,including carbon inventory,carbon budgeting,low-carbon investment,participation in carbon market and carbon information disclosure,etc.;finally,evaluate the effect of SH Inc.’s carbon asset management from two aspects of economic and environmental benefits,draw conclusions and summarize insights from other companies.Effective carbon asset management enables SH Inc.to increase the per unit income of carbon assets,reduce the pressure on the research and development of low-carbon technologies,reduce the cost of carbon compliance,and enhance low-carbon competitiveness.Carbon asset management promotes the energy conservation and emission reduction of enterprises.By developing new energy sources and eliminating outdated equipment,it reduces emissions and the use of high-carbon energy sources,greatly enhancing the social image of the company.SH Inc.’s carbon asset management is worth learning from the following points: First,doing a good job of carbon inventory and obtaining accurate and real carbon emission data is the basis for subsequent implementation of carbon asset management.Secondly,focusing on the improvement of the ability of carbon asset managers and the construction of information platforms can effectively improve the management efficiency of carbon assets and avoid carbon trading risks.Furthermore,the formulation of carbon budgets assists enterprises to carry out carbon trading,and the introduction of carbon accounting enables the effect of carbon asset management to be better demonstrated from a financial perspective.Finally,the fundamental way for enterprises to achieve sustainable development is to enhance the research and development capability of low-carbon technology.This thesis enriches the case studies of carbon asset management,and provides a reference for the implementation of carbon asset management in emission control enterprises.