Shenzhen Stock Exchange • Chuangxiang Club 6th: Focus on carbon management and help enterprises achieve sustainable development
Securities Times reporter An Yufei
Summary: In order to implement the requirements of "Excellent" Outline and the "14th Five-Year Plan" to "accelerate the construction of a full-chain, whole-process innovative enterprise service system", Shenzhen Stock Exchange recently opened the "Chuangxiang Club" market service brand, focusing on key areas such as advanced manufacturing, digital economy, green and low-carbon, facing key enterprises, key industries and key regions, and continuing to carry out activities guided by promoting enterprise interaction, exchange and cooperation, and committed to building an open and active capital market service platform for the real economy. Promote the high-quality development of the real economy.
Recently, Shenzhen Stock Exchange held the sixth phase of the "Chuangxiang Club" carbon management special event, inviting more than 20 people to participate in the event, including the heads of listed companies with rich experience in promoting industrial structure adjustment and optimization and accelerating the green transformation of development methods, representatives of representative enterprises in the R&D and application industry of energy-saving and carbon-reduction technologies, as well as representatives of listed companies, representatives of enterprises to be listed, and experts from carbon financial service institutions in related fields. Jointly discuss China's green and sustainable development road and capital market to help traditional enterprises in green and low-carbon transformation under the new situation.
Participants said that Shenzhen Stock Exchange adheres to the mission of "gathering innovative capital and stimulating growth momentum", takes the initiative to benchmark against the table and comprehensively build a modern socialist national strategic arrangement, gives full play to the function of market hub, promotes the improvement of resource allocation efficiency, focuses on the three key areas of advanced manufacturing, digital economy and green and low-carbon, continues to build an ecosystem of high-level circulation of science and technology, capital and real economy, and plays an active role in supporting high-level scientific and technological self-reliance and high-quality development of the service economy.
Attacking low-carbon transformation, enterprises "fruitful results"
At present, green and low-carbon transformation has become the only way for enterprises to develop with high quality. The report of the 20th National Congress of the Communist Party of China pointed out that "respecting, complying with and protecting nature is an inherent requirement for building a modern socialist country in an all-round way" and "promoting green and low-carbon economic and social development is the key link to achieving high-quality development".
On July 11, the second meeting of the Central Committee for Comprehensively Deepening Reform emphasized that China's ecological civilization construction has entered a critical period with carbon reduction as the key strategic direction, improve the regulation of total energy consumption and intensity, and gradually shift to a dual control system of total carbon emission and intensity.
In the journey of green and low-carbon transformation of enterprises, many enterprises have achieved fruitful results. The relevant person in charge of Shanxi coking coal said in the sharing that Shanxi coking coal has accelerated the intelligent transformation of coal mines and coal preparation plants, mine pumping stations, substations and coal preparation plants have basically realized unmanned weighing rooms, and mines with serious disasters have realized intelligent mining, "remote start, one-click coal mining" has become a reality, and advanced production capacity accounts for 97.36%, reaching the industry's first-class level.
For example, Xingneng Power Plant, a subsidiary of Shanxi Coking Coal, has achieved a turnaround in carbon emission quotas through a series of measures such as technological transformation and lean control, and has now achieved a surplus of 1.5 million tons of carbon quotas and a profit of 92 million yuan, gradually exploring a low-carbon development path for coal power enterprises. By the end of 2022, the comprehensive energy consumption of raw coal production per ton of coking coal, the energy consumption of the tonne coke process, the unit consumption of coal preparation power and the coal consumption of power supply in Shanxi have decreased by 42.88%, 22.81%, 18.19% and 20.92% respectively compared with the beginning of the "13th Five-Year Plan", and the annual energy saving of 30,000 tons of standard coal has been achieved, which is equivalent to reducing carbon dioxide emissions by 80,000 tons.
Technological upgrading is also an important starting point for enterprises to carry out low-carbon transformation. The relevant person in charge of Rongsheng Petrochemical said that Zhejiang Petrochemical, a subsidiary of the company, has built the world's second and third sets of slurry bed residue oil hydrogenation units, and the scale of a single set reaches 3 million tons per year. The conversion rate of this technology reaches 92%, the yield of light oil reaches 82%, the residue oil cracking products naphtha, diesel and wax oil are directly sent to the downstream hydrocracking unit to produce aromatics and ethylene plant raw materials, and the oil residue is directly gasified to produce hydrogen, which truly realizes the "eating and drying" of residue oil, low-carbon and efficient utilization. In 2022, this technology was listed as a major disruptive technology in the "Strategic Research on Disruptive Technologies in Engineering Technology" of the Chinese Academy of Engineering.
It is understood that the above technology can replace the traditional delayed coking unit vacuum residue treatment process. According to the calculation of 30% petroleum coke yield of the coking unit, the technology converts 1.32 million tons/year of coke into naphtha, diesel and wax oil for subsequent processing and utilization, and the carbon emission reduction is 282,800 tons/year.
The green and low-carbon transformation of enterprises is an "all-round war", and supply chain carbon reduction is also the focus of it. The relevant person in charge of SF Holding said that the company not only continues to make efforts in carbon accounting, carbon management, carbon emission reduction and carbon certification, actively builds a digital carbon management platform, but also integrates green and low-carbon transformation into the company's management and business practices, constantly improves the environmental management system, and realizes green management covering the whole life cycle of logistics and actively builds sustainable logistics by promoting low-carbon transportation, building green industrial parks, practicing sustainable green packaging and green technology applications. In 2022, the company's carbon emission intensity will be reduced by 2.1%, the carbon footprint of a single express shipment will be reduced by 4.2%, and a total of 47,000 tons of raw paper and 150,000 tons of plastic will be reduced throughout the year.
In addition to the above-mentioned enterprises, there are also many enterprises such as China Resources Sanjiu to share the results of low-carbon transformation. The participants generally said that achieving carbon peak and carbon neutrality is a broad and profound economic and social systemic change, and it is necessary to promote the clean, low-carbon and efficient use of energy based on China's energy resource endowment, and actively and steadily promote the implementation of the "dual carbon" strategy.
Focus on the difficulties of transformation and talk about a low-carbon future
The road to low-carbon transformation of enterprises will not be smooth, but will move forward in the process of solving various difficulties. In the "CreateShare Club" carbon management special event, the participants also had in-depth exchanges and discussions on the pain points and difficulties of carbon management, common problems, and the impact of green and low-carbon technology innovation on the industry.
The relevant person in charge of Shanxi coking coal said that in the process of promoting green development, coal enterprises face many practical problems. "For high-carbon industries such as coal power, a large amount of capital investment is required in the early stage of transformation, which leads to an increase in the cost of coal development and utilization, which in turn weakens the competitive price of coal resources." Therefore, Shanxi Coking Coal hopes to launch more financial instruments such as equity and bonds to support the development of dual carbon, strengthen the integration of industry and finance, organically combine social and economic benefits, promote the high-quality development of enterprises, and promote the early implementation of the dual carbon goal.
Rongsheng Petrochemical also shared his thoughts on carbon management in the petrochemical industry, and the relevant person in charge said that the petrochemical industry produces recyclable CO in the production unit2Resources are generally abundant, how to achieve technological breakthroughs to reduce CO2Capture the cost of utilization, strive for the support of relevant supporting policies of the government, find the balance between cost and benefit, and achieve CO2Aromatic hydrocarbons, CO2CO such as dry reforming2The commercial operation of resource utilization technology is the direction of further promotion of carbon neutrality in the petrochemical industry.
Green and low-carbon transformation of enterprises is the trend of the times. The relevant person in charge of China Resources Sanjiu said that in general, the innovation of carbon management policies and technology applications will promote the development of enterprises in a more environmentally friendly and sustainable direction. The future trend is that carbon management will become an important strategy for enterprise development, not only to meet relevant regulatory requirements, but also to enable enterprises to gain advantages in market competition and achieve the goal of sustainable operation.
The national carbon allowance market has played an important role in helping enterprises on the road to low-carbon transformation. The relevant person in charge of the Shanghai Environment and Energy Exchange said that as of July 26, 2023, the cumulative trading volume of national carbon emission allowances (CEA) was 241 million tons, with a cumulative turnover of 11.074 billion yuan, the overall operation of the market was stable and orderly, the trading price was stable and rising, the trading situation was in line with the basic positioning of the national carbon market, and the role of the price discovery mechanism was initially revealed.
The participants believed that it is of great practical significance to explore how to give full play to the function of the capital market and better provide high-level services for corporate carbon management under the background of the comprehensive implementation of the registration system. The participants fully affirmed the functions of the Shenzhen Stock Exchange platform, and unanimously agreed that through the "Shenzhen Stock Exchange - Create and Share Club", face-to-face communication with the heads of enterprises with excellent carbon management experience and experts of carbon financial service institutions has further enhanced the awareness of ecological priority, conservation and intensification, green and low-carbon development, and the sharing of thinking experiences and experience cases is also highly targeted and instructive.
"Chuangxiang Club" is a market service brand with Shenzhen market characteristics built by Shenzhen Stock Exchange, and has held a number of special activities around hot topics, and its influence and attraction have been continuously enhanced. Next, "Chuangxiang Club" will continue to focus on key areas, key industries and key regions, actively carry out a series of activities to promote enterprise interaction, communication and cooperation, and strive to build an open and active capital market service platform.
