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The number of companies in the IPE Blue Map Database reached 7 million in July, with more than 1.15 millions of them have environmental non-compliance records. As data continues to be collected at an unprecedented rate, the Blue EcoChain system developed by IPE offers dynamic and real-time tracking of companies’ environmental performance. Through Blue EcoChain, brands and other stakeholders are able to continuously ‘follow’ numerous supplier and receive automatic notifications the moment a supplier receives a new violation record, incurs a problem with its real-time monitoring data or uploads new documents to the Blue Map Database demonstrating environmental compliance. When on-site audits have been made difficult due to the pandemic, IT technologies and big data could provide more possibilities for remote monitoring. We hope the Blue EcoChain system will facilitate brands to reduce the amount of manual labor and increase the efficiency for supply chain oversight.
 
In this month’s newsletter:

Investigation reveals Chinese listed firms suspected of making false statements about environmental violations

 
This year is the tentative deadline for establishing mandatory environmental information disclosure by all Chinese listed companies. According to the 2016 ‘Guiding Opinions on Establishing a Green Finance System’ (CN), and the division of labour (CN) discussed in 2018, all listed companies will need to disclose environmental information in 2020. Given the approaching deadline, IPE and environmental group Lvse Jiangnan embarked on doing a status check on where the listed companies are on environmental information disclosure. Our current investigations found some stock listed firms have yet to fulfill their disclosure obligations and are even suspected of making false statements about environmental violations in their annual reports.

This month, IPE and Lvse Jiangnan published two case studies: Henan Xinye Textile Co., Ltd. (stock code: 002087) and Anhui Shengyun Environment-Protection group Co., Ltd. (stock code: 300090), for suspected false statements in their 2019 annual reports. The two companies and/or their subsidiaries have more than a dozen environmental violations recorded by the Blue Map Database from 2016-2019. Most of the violations were related to exceeding emissions of exhaust air and wastewater pollutants, with over 2 million RMB (approximately 287,400 USD) penalties for each company. However, the 2019 annual reports published by these two companies clearly state that “no penalties or rectifications were found during this reporting period” and “no issues related to exceeding emissions”.



Such misleading statements are not uncommon; but at the same time, with progress made in China’s environmental supervision and information transparency, corporate environmental violation and penalty records are easily accessible via third-party platforms such as the Blue Map Database. At present, major banks and financial institutions are seeking to incorporate environmental information into their decision-making so as to prevent the financial risks resulted from environmental mismanagement.
 
The two case study reports can be downloaded in Chinese on the IPE website. More green finance investigation reports are coming soon -- stay tuned.

IPE launches beta version of an online PRTR reporting system


Since IPE established the voluntary disclosure platform for PRTR (Pollutant Release and Transfer Registry) information in 2013, more than 4,400 companies have published their annual emissions and resource usage data on the IPE portal. This month, IPE launches a beta version of the online PRTR reporting system in both Chinese and English to facilitate and streamline the process. Chinese companies now have the option to fill out the data form online instead of using an offline reporting template to submit PRTR data.

As we are working hard to make the online reporting system more user friendly, we would like to welcome suppliers and brands to explore this new reporting system and provide us with feedback so we can make it even better. We hope the new reporting system will facilitate brands and suppliers to measure resource and energy use and track pollutant and GHG emissions to support global actions on climate change and pollutant emissions reduction.
 

Dell highlights supply chain environmental management in the 2019 sustainability report


The 2019 Supply Chain Sustainability Progress Report, published last month by Dell, documents the ways Dell drives responsible manufacturing in its supply chain. As part of Dell’s approach to reduce supply chain environmental impact, the brand has reached a written agreement with its suppliers to proactively adopt the IPE Blue EcoChain system, as well as prompt public explanations and corrective actions for every new violation in the Blue Map Database. This month alone, Dell has promoted more than 46 suppliers to proactively contacting IPE to transparently address environmental issues or report their emissions and resource usage data. Dell’s proactive supply chain management has boosted the brand to receive a first-place ranking among 438 brands across all industries in the 2019 CITI evaluation, a huge jump from its original ranking of #56 in 2014.

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