A Research on ESG Practices and Effectiveness of Industrial Securities

Qiuyu Guo

doi:10.54097/r12x6b69

Authors

Qiuyu Guo

DOI:

https://doi.org/10.54097/r12x6b69

Keywords:

ESG, Green Finance, Social Responsibility, Sustainable Development.

Abstract

As China enters a new era of development, high-quality development and China's Double-Carbon Policy have become new goals, and environmental, social and governance (ESG) is gradually being emphasized. ESG is becoming a key consideration for sustainable corporate development. However, the ESG concept started late in China, and relevant case studies are not sufficient to provide effective experience and behavioral guidance for corporate ESG practices. Considering the current situation, this study employs the case study method and comparative analysis method, and takes Industrial Securities, a representative company in China's financial industry, as a case study company to explore its ESG practices and governance effectiveness from three dimensions: environment, society, and governance. As a result of the study, it was found that under an effective ESG governance system, Industrial Securities has achieved results in green finance, social responsibility and ESG ratings. Industrial Securities has formed a unique sample in ESG practice, which provides experience for ESG governance of other Chinese enterprises, and promotes the implementation and development of ESG in the company itself as well as in China's domestic capital market.

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