Environmental Accounting Information Disclosure of the Automobile Manufacturing Industry in China under the Background of “Dual Carbon”

The environmental problems caused by global climate change are becoming increasingly severe and have attracted worldwide attention. With the strengthening of environmental awareness in China, China has put forward the concept of “dual carbon (peaking carbon emissions and carbon neutrality)” and proposed requirements for energy conservation, emission reduction, and green development in the Chinese government’s “14th Five-Year Plan” (a policy outline containing information on environmental protection). According to the author’s research, greenhouse gas emissions are primarily caused by industrial manufacturing and motor vehicle emissions, with automobile emissions accounting for roughly 70% of total emissions. China has a large automobile production capacity, and the automobile manufacturing industry emits a lot of pollution, putting a lot of strain on the environment. As a result, the industry responsible for making cars is essential for advancing long-term environmental growth. In order to identify qualitative and quantitative data, this review study first collects and organises environmental accounting disclosure information from annual reports of publicly traded automobile manufacturers. The remainder of the study explores the state of and problems with environmental accounting information disclosure in the Chinese auto sector. The study also provides a summary of the state of environmental accounting information disclosure in the Chinese auto industry. Finally, this paper proposes solutions to the discovered problems to improve environmental accounting information disclosure. In general, this paper provides a reference for the sustainable and healthy development of China’s automobile manufacturing industry and the realization of the “dual carbon” target.