Year: 2024
Type: article
Abstract: With the global focus on climate change and sustainable development, the “dual carbon” targets—carbon peak and carbon neutrality—have become critical strategic objectives for many nations and corporations. As the world’s second-largest economy, China’s efforts in economic transformation and high-quality development play an essential role in achieving these targets. In this context, Environmental, Social, and Governance (ESG) factors have become a prominent topic in academic and business discussions. With growing awareness of ESG among investors and consumers, ESG considerations are now integral to corporate strategic planning. Research has shown that companies actively engaged in ESG initiatives tend to gain better market reputations, attract more investors and consumers, thereby reducing operational risks, enhancing overall corporate value, and improving competitiveness. Through a comprehensive review of existing literature and research, we find that ESG factors have a significant impact on corporate long-term sustainable development and investor interests.
Authors: Jialuo Miao, Zenan Guan, Yue Guo
Institution: Huazhong Agricultural University
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
SDG: Climate action
Open Access status: hybrid
OpenAlex ID: W4405590646