In this report, we analyze the environmental information disclosure sections of the annual reports and corporate social responsibility reports of 20 A-share listed companies involved in waste incineration business. Our findings show that 10 companies, including Wangneng Environmental (002034), Tsinghua Environment (000826), and Shanghai Environmental (601200), have significant deficiencies in their environmental information disclosure. Among them, four companies explicitly stated in their 2019 annual reports that "there are no major penalties or corrective actions" or "not applicable," which may constitute false statements. Six companies failed to disclose any environmental violations involving themselves or their subsidiaries or affiliated companies in their 2019 annual reports.

In this report, IPE and Lvse Jiangnan reviewed the annual reports and the CSR reports of 35 iron and steel companies listed in the A share stock market. 20 companies including HESTEEL, Shougang Shares, Baosteel, Inner Mongolia Baotou Steel Union and Chongqing Iron & Steel revealed significant drawbacks. Among these, 9 companies were suspected of making false statements, 8 failed to disclose whether there is violation, while 3 others did not disclose all data required for key-polluting entities.

2020 is the final year of the environmental information disclosure roadmap for Chinese Listed companies. The Institute of Public and Environmental Affairs (IPE) and Lvse Jiangnan (PECC) are reviewing the 2019 Annual Report, corporate social responsibility reports and environmental responsibility reports of companies listed in Shanghai and Shenzhen based on the official corporate environmental data collected in Blue Map Database, and will publish research reports on a periodic basis. In July, we have reviewed the 2019 Annual Report of SHENGYUNTUI (300090.SZ) esp. the disclosure of environmental data and administrative penalty, and we have found alleged dishonest disclosure.