Research On The Evaluation Of Carbon Accounting Information Disclosure Quality Of Chalco

The quality of enterprise carbon accounting information disclosure has been given more and more consideration in light of the "double carbon" strategy and low-carbon economy.One sector that produces a lot of pollution and carbon emissions is the non-ferrous metals sector.A premier producer of non-ferrous metals,CHINALCO has been recognized as one of the top 500 global businesses for 14 years running.As a holding subsidiary and core strategic unit of CHINALCO,CHALCO operates in many countries and regions.Adhering to the concept of green development,CHINALCO and CHALCO actively assume social responsibilities and proactively disclose carbon accounting related information,thus playing an exemplary role in the industry.At present,as countries continue to strengthen environmental supervision,the public also pay more and more attention to environmental information,and put forward higher requirements on the quality of carbon accounting information disclosure.Therefore,for the long-term development of CHINALCO and CHALCO,its carbon accounting information disclosure quality should meet high standards and requirements,so as to meet the needs of business around the world,rapidly improve the brand influence and provide power for sustainable development.This paper takes CHALCO,a wholly-owned subsidiary of CHINALCO,as an illustration to assess the quality of its disclosure of carbon accounting information,identify the existing disclosure quality’s limitations and propose corresponding remedies.First,this study organizes and analyzes the pertinent concepts and theories after summarizing the results of local and international research on the accuracy of carbon accounting information disclosure.Second,the status of CHALCO’s disclosure of data related to carbon accounting is reviewed.Thirdly,the quality assessment framework for the disclosure of carbon accounting information is established using the analytic hierarchy process(AHP),following which the quality evaluation model is constructed.The effectiveness of CHALCO’s disclosure of carbon accounting information is quantitatively assessed,and current issues are examined.From 2017 to 2021,the quality level of carbon accounting information disclosure of CHALCO has improved on the whole,but it is still not up to the "excellent" level.There are also problems affecting the quality of disclosure,such as insufficient monetary information,unclear accounting standards and methods,lack of carbon information authentication and insufficient forward-looking information disclosure.Finally,he report offers internal and external business solutions as a response to the aforementioned issues.CHALCO has to improve the introduction and training of specialists in the field,as well as the development of the information disclosure system and method for carbon accounting;at the national and governmental levels,legislation and regulations governing the disclosure of carbon accounting information should be reinforced,together with external oversight of the caliber of that disclosure.CHINALCO and CHALCO are leading enterprises in China’s non-ferrous metal industry.In the process of development,they are highly dependent on the natural environment and have been actively undertaking environmental responsibilities.The research presented in this work is crucial for enhancing the quality of carbon accounting information disclosure and fostering environmentally friendly and healthful development.Additionally,it has some reference value for other businesses in the sector to raise the standard of carbon accounting information sharing.