ESG Investment Helps to Develop the Carbon Economy

Abstract

ESG is an investment philosophy and enterprise evaluation standard that focuses on enterprise environment, society and governance performance rather than financial performance. After the introduction of carbon neutrality, ESG has not only become an important starting point to implement the sustainable development Goals and promote the low-carbon transformation of the economy, but also become a key standard to evaluate the comprehensive level of enterprises. Since Xi Jinping in the fifth plenary session of the eighteenth put forward five development concept, green development mode is strong into the public view, under the support of the state and enterprise consciousness, ESG investment or social responsibility investment (ESG) environment (Environment), social (Social) and governance (Governance), become the enterprise survival, economic progress and the development of emerging markets. In this social context, this paper mainly studies the development prospects of ESG investment, economic benefits, and the supporting conditions of cultural, political and legal environment. Seek a more scientific and efficient way to develop ESG investment to promote the transformation and upgrading of the carbon economy.