Discussion on the Elements of Listed Energy Companies’ Environmental Information Disclosure in the New Context of China’s Environmental Legal System

Abstract

Energy industry is the typical polluting industry. Listed energy companies face severe (internal and external) environmental risks for the particularities in their industry nature, scale, and stakeholders. In October 2014, China’s government departments canceled IPO environmental review (the content of this review is not just environmental audit, it concludes other environmental information verification), instead, the duty will be transferred to market participants. And with new Environmental Protection Law of The P.R. China coming into being, China is entering an age of Specialized Environmental Justice, the acid test of environmental risks are following too. Environmental information disclosure, whether for environmental protection or for the development of companies their own, should be regarded as an essential means of Risks Secondary-Source Control (RSSC). Therefore, in this dissertation, the risks will be analyzed in the new context of China’s environmental legal system. We try to tease out the elements of listed energy companies’ environmental information disclosure by research of some basic factors: the connection between administration and relational criminal justice procedure, environmental damage forensic examination and assessment, environmental liability insurance system, and environmental damage compensation etc. These will be of great benefit to the using of new environmental legal perspective in the study of listed energy companies’ environmental information disclosure, and will provide a convenient reference for further standardization research on environmental information disclosure, which could promote the sustainable development of environment and energy industry.



Author Information
Chen Yu, Sichuan University, China

Paper Information
Conference: ACSEE2015
Stream: Economic Sustainability: Environmental Challenges and Economic Growth

This paper is part of the ACSEE2015 Conference Proceedings (View)
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