全球矿产供应链整合下中国矿业企业的ESG治理策略

    ESG governance strategies for Chinese mining enterprises amidst the integration of global mineral supply chains

    • 摘要: 全球能源转型与地缘政治博弈驱动全球矿产供应链深度整合。供应链从“成本与效率主导”向“国家安全与价值观主导”范式转型。同时,矿业企业的ESG治理兴起并不断深化。两者交互作用显化、放大甚至增加了中国矿产供应链的诸多风险与脆弱点。本文期望帮助中国企业应对全球监管合规与绿色贸易壁垒,增强矿产资源供应链的韧性与安全性,提升国际资本市场的融资能力,驱动全产业链的价值提升和技术创新,履行“一带一路”倡议。本文系统研读和比较了2021—2026年针对中国矿业企业的817份ESG评分和分析报告,跟踪了中国矿业企业海外ESG相关的纠纷案例,系统反思了当前全球ESG治理的体系性问题,包括企业被动卷入ESG治理、规制者立法权合法性缺失、治理规范内容不统一、规制内容质量低下存在公平赤字、规制程序不合理等。从国家、企业和消费者三个层面为中国矿业企业ESG治理体系完善提出了策略建议。在国家层面,对外要主张回归国际组织生成并完善ESG治理规范,推动“发展型ESG”治理体系;对内要在人才、机构和基础设施三方面加强治理能力,支持中国ESG标准从单向对标到双向互认到国际采用。在企业层面,要理解、参与融入并引领全球ESG治理发展。在消费者层面,要理解并支持中国矿业企业,在消费和投资活动中支持资源集约利用和循环回收行动,表达并传播中国矿业故事。

       

      Abstract: The global energy transition and geopolitical competition are driving a profound integration of the global mineral supply chains. Supply chains transform from a “cost and efficiency-driven” paradigm to a “national security and shared values-prioritized one”. Concurrently, ESG governance in the mining industry rises and intensifies. The interaction of the two exposes, amplifies, and increases the vulnerabilities and risks in China’s mineral supply chains. This paper aims to assist Chinese enterprises in navigating global regulatory compliance and green trade barriers, bolstering the resilience and security of their supply chains, enhancing their financing capacity in international capital markets, driving value appreciation and technological innovation across the entire industry chain, and implementing the Belt and Road Initiative. By systematically reviewing 817 ESG rating and analysis reports concerning Chinese mining enterprises from 2021 to 2026 and tracking overseas ESG-related disputes, this paper identifies systemic flaws in current global ESG governance. These include the passive entanglement of enterprises in governance, a lack of legislative legitimacy among regulators, fragmented and inconsistent norms, a “fairness deficit” caused by low-quality regulatory content, and procedural deficiencies. To address these challenges, the paper proposes a three-tiered strategy. At the state level, China should externally advocate for the return of ESG norm-setting to multilateral international organizations and promote a “developmental ESG” governance system. Internally, China should bolster governance capabilities across talent, institutions, and infrastructure dimensions, supporting the evolution of Chinese ESG standards from unilateral alignment to mutual recognition and, ultimately, international adoption. At the corporate level, enterprises must understand, participate in, integrate into, and eventually lead the development of global ESG governance. At the consumer level, the public should understand and support Chinese mining enterprises; consumers and investors are encouraged to support resource conservation and circular economy actions, and to articulate and disseminate the narrative of China’s mining industry to the world.

       

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