Author(s)

Yuxuan Ma, Yuxin Guo, Xinlin Huang, Sinan Xie, Jiaxin Huang

Corresponding Author

Yuxuan Ma

ABSTRACT

The pharmaceutical industry, which is responsible for people's lives and health, brings with it many environmental externalities that cannot be ignored while creating value for the national economy. Nowadays, in the context of the development of a dual carbon economy, there is a growing concern about how companies can properly deal with environmental pollution issues. This project analyses and summarises Jiangzhong Pharmaceuticals' social responsibility reports and related environmental information in recent years, using Jiangzhong Pharmaceuticals as an example. The study concludes that Jiangzhong Pharmaceuticals discloses environmental information in a comprehensive manner and has improved it year on year, and that the disclosure is intuitive and easy to understand. However, the disclosure of negative social responsibility information by Jiangzhong Pharmaceuticals is inadequate, the reference standards for disclosure are not standardised, and the accuracy and authenticity of its disclosures have yet to be verified. Therefore, this topic proposes recommendations on the problems from three aspects: national laws, media and the public, and corporate disclosure mechanisms and incentive systems, in the hope that it can provide reference and development ideas for the whole pharmaceutical industry and other industries.

KEYWORDS

Dual carbon targets, Pharmaceutical industry, Environmental information disclosure