Study on the Impact of ESG Ratings on Green Technology Innovation of Chinese Equipment Manufacturing Enterprises under Dual Carbon Targets

Wenjie Shi; Yu Chen; Ju Wang; Xiaoxu Zhang

doi:10.6981/FEM.202504_6(4).0010

Authors

Wenjie Shi
Yu Chen
Ju Wang
Xiaoxu Zhang

DOI:

https://doi.org/10.6981/FEM.202504_6(4).0010

Keywords:

Dual Carbon Target; ESG Rating; Equipment Manufacturing Enterprises; Green Technology Innovation; Sustainable Development.

Abstract

This paper explores the impact of ESG ratings on green technology innovation of Chinese equipment manufacturing enterprises in the context of dual-carbon targets. Through literature review and current situation analysis, it reveals the current problems in ESG practice and green technology innovation of equipment manufacturing enterprises, including the imperfection of ESG rating system, insufficient attention of enterprises, and weak green technology innovation capability. Aiming at these problems, this paper proposes coping strategies such as improving ESG rating system, strengthening corporate ESG awareness, and enhancing green technology innovation ability. The study shows that ESG rating plays an important role in promoting green technology innovation of Chinese equipment manufacturing enterprises, which helps to realize the dual-carbon goal and sustainable development.

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