The "Industry Category Management Directory for Environmental Audit of Listed Company" has been published by China's Ministry of Environmental Protection, claiming companies in 14 industries that can not pass the environmental audits will not be allowed to apply for refinancing or public listings.
According to the directory, the 14 industries include thermal power, steel, cement, electrolytic aluminum, coal, metallurgy, building materials, mining, chemical industry, petrochemical, pharmacy, light industry, textile and leather sectors.
For companies applying for public listings, auditing contents include main pollutants discharged should reach national or local standards; a Waste Discharge Permit is necessary; major pollutant discharge of unit major product should reach advanced levels; safe disposal rates of solid waste and dangerous waste should reach 100%; stable operation rate of environmental facilities should be above 95%; sewage charges are paid in accordance with relative regulations; no prohibited substances are used for products.