Research On Corporate Carbon Accounting Information Disclosure In Low-Carbon Economy

With the increasing degree of industrialization in human production and life,the consumption of fossil energy is also increasing.The massive combustion of fossil fuels with high sulfur and carbon content can cause serious environmental pollution problems.This has also greatly affected human life and economic development.The concept of "low-carbon economy" emerged in such a global context.The concept of a low-carbon economy is to achieve low emissions,low energy consumption and low pollution while economic development.The proposal of this green and environmentally friendly new development mode has enabled countries to gradually change their development mode and move towards low-carbon sustainable development.Low-carbon accounting is based on the background of low-carbon economy,using accounting-related knowledge systems to analyze the economic development model of enterprises from the perspective of accounting.Low-carbon accounting is the product of low-carbon economic development,and it is also the need for sustainable social development.The most important and also the most basic issue of low-carbon accounting is the information disclosure of carbon accounting.However,under the conditions of a low-carbon economy,there are various problems in corporate carbon accounting information disclosure,which urgently require in-depth research and discussion.Based on the above considerations,this article selects typical representatives of the heavy-polluting petrochemical industry,taking China Petroleum & Chemical Corporation as an example to study the information disclosure of corporate carbon accounting in a low-carbon economy,and try to obtain beneficial countermeasures And suggestions.This article mainly uses case study analysis method to explore the carbon accounting information disclosure of Sinopec companies in the low-carbon economy.Collected and consulted a large number of relevant documents and information through CNKI and Guotai’an CSMAR database,and then took the case of Sinopec’s corporate carbon accounting information disclosure as the research object,and used Sinopec’s publicly disclosed reports and other relevant materials as the data source to sort out The method and main content of Sinopec’s corporate carbon accounting information disclosure.It is analyzed that the carbon accounting information disclosure of Sinopec companies will be mainly affected by industry characteristics,government policies,financial performance,corporate development capabilities and investor needs.Combining detailed data with corporate social responsibility theory,stakeholder theory,sustainable development theory,information asymmetry and other theories to analyze the status quo of Sinopec’s corporate carbon accounting information disclosure,and found that Sinopec’s disclosure methods exist in the process of carbon accounting information disclosure.The problems include:scattered disclosure methods,difficult for information users to focus;more qualitative information disclosure,less quantitative disclosure,and poor quality of information disclosure.The problems with the disclosure content include: more disclosure of carbon management information,less disclosure of carbon performance information;more disclosure of non-monetary content,less disclosure of monetary content;more disclosure of favorable information,but less disclosure of unfavorable information.Disclosure of the problems in supervision is that interest chains are intertwined,and the effectiveness of government supervision is low;relevant data are difficult to calculate,and social audits are difficult to implement.After in-depth discussion and analysis of Sinopec’s carbon accounting information disclosure cases,the main reasons for the problems are found at the government level: relevant carbon accounting information disclosure laws and regulations are imperfect,and disclosure is low mandatory;government supervision is scattered,and supervision efficiency is not high;carbon Accounting theory research is backward and difficult to guide practice.At the corporate level: insufficient awareness of social responsibility;unstable corporate profitability;irregular corporate carbon accounting information disclosure methods and content;uneven allocation of relevant carbon accounting personnel.At the social level: stakeholders have insufficient demand for carbon accounting information;third-party carbon information audits are incomplete.After understanding the cause of the problem,for each reason,the government level is proposed: the introduction of relevant carbon accounting information disclosure laws and regulations;strengthen the government supervision of carbon information disclosure to improve regulatory efficiency;strengthen the academic community on carbon accounting information in the low-carbon economy Disclosure of research.At the corporate level: looking at long-term benefits,improving corporate social responsibility awareness;standardizing corporate carbon accounting information disclosure methods and content;strengthening the training of interdisciplinary professionals.At the social level: improve the public’s awareness of environmental protection,strengthen the demand for carbon accounting information;strengthen third-party carbon accounting information audits,and suggestions to ensure the quality of disclosed information.It is hoped that these suggestions will be helpful to companies in the disclosure of carbon accounting information.