Friends of Nature, Public Environmental Research Center, Green Home Volunteers, Green Dragon River and other environmental protection organizations recently issued an open letter requesting Harbin Pharmaceuticals to disclose pollution discharge data. They believe that if Harbin Pharmaceuticals wants to express its sincerity in solving the problem, it should further explain its violations and rectification and disclose it to the public.

I also remember that the Harbin Pharmaceutical Factory, which is trapped in the “Pollution Gate”, is the most profitable subsidiary of Harbin Pharmaceutical Co., Ltd. Its operating income accounts for nearly 40% of Harbin Pharmaceutical Co., Ltd., and it is the performance of the Harbin Pharmaceuticals. In the 2010 Annual Report of Harbin Pharmaceutical Co., Ltd., we saw the content of “adhering to the new industrialization road, energy conservation and environmental protection”, including “additional investment of about 19.6 million yuan for the treatment of wastewater, odor, soot, sulfur dioxide emission reduction, etc. "This description. However, as early as the end of 2009, Harbin Pharmaceutical Group's general factory has been included in the list of serious polluting enterprises. This important information, Harbin Pharmaceutical Co., Ltd. did not mention in the annual report.

Listed companies must disclose environmental information. There are clear provisions that companies can only do things according to the rules; but how much or how to disclose them is what the company has to say. For the sake of profit, in China's listed companies, it is not a case of “selective disclosure” of environmental information like Harbin Pharmaceutical.

The announcements of some listed companies, due to the ignorance of pollutant discharges, underestimate the existing environmental problems, lack of detailed explanations on environmental impact assessment, pollutant discharge compliance, and pollutant disposal, resulting in investors at great risk. .

The public information disclosed by listed companies is an important basis for the supervision of the securities industry, the environmental protection department and the public, and is also the basis for investors to make correct decisions. However, listed companies have repeatedly taken advantage of environmental information disclosure, indicating that China's environmental supervision system for listed companies still needs to be improved and improved.

At present, for enterprises that are listed and financed and refinanced, China has implemented a listed environmental verification system. According to this system, environmental protection departments at all levels should not accept applications for verification of enterprises that have experienced serious environmental violations within the previous year of environmental protection verification. If the company is wearing an environmental protection "catch-up" before listing and financing, it can still have awe of the public's environmental protection demands, and try to do environmental protection homework. Once it is successfully listed or refinanced, it will be listed in China. The company's environmental information disclosure lacks third-party supervision, and the environmental commitments made by enterprises before listing are often not fulfilled. Therefore, how to ensure that listed companies fulfill their environmental responsibility and control their environmental risks is a major problem facing the relevant regulatory authorities.

At present, from the general annual financial report of listed companies, the progress of the total emission reduction of high-energy-consumption and high-pollution enterprises, the types of pollutants, the main environmental risks, and the punishment for illegal acts are not well known to the public. It is precisely because enterprises consciously conceal some important and sensitive environmental information that supervision is difficult to get in place, and some potential environmental problems are outbreaks from time to time. Under such circumstances, it is imperative to implement a mandatory disclosure system for environmental information for listed companies.

Last year, the Ministry of Environmental Protection had publicly consulted the “Guidelines for Environmental Information Disclosure of Listed Companies”, which made mandatory requirements for listed companies to issue regular environmental annual reports and interim communiqués, and for the first time clearly clarified what should be disclosed in the environmental annual report. Listed companies must not only report the occurrence of major environmental problems during the year, environmental impact assessment, pollutant discharge standards, but also make the total emission reduction tasks, clean production implementation, and the establishment and operation of environmental risk management systems. Description. The Ministry of Environmental Protection also said recently that it will conduct post-environment inspections on listed companies that emit heavy metal pollutants, especially for environmental information disclosure. In fact, in the future, listed companies in high-energy-consumption and high-pollution industries should regularly disclose environmental information on pollutant discharge, environmental compliance, environmental management, etc., and strengthen post-inspection to more effectively supervise listed companies. Effectively fulfill corporate social responsibility.

In accordance with the relevant policies of “Green Securities”, the environmental protection department will regularly inform the securities regulatory department of the environmental information of listed companies and the list of listed companies that fail to disclose environmental information as required, and the securities regulatory department should cooperate with the environmental protection department to do a good job in listing financing environmental protection verification. Listed companies should establish a normalized environmental information disclosure mechanism as soon as possible, and take necessary disciplinary measures for false reporting, underreporting, and reporting of environmental information.

Only when a system can say "no", the objects it regulates will be taken seriously. Enterprises that cannot bear environmental responsibility must not be able to assume the public's investment responsibility. Only by continuously strengthening the supervision of listed companies and forming a pressure on environmental violations, and comprehensively and objectively disclosing environmental information, can fundamentally promote the improvement of environmental performance of listed companies and effectively protect the legitimate interests of investors.