A Review of ESG Research in China: From the Perspective of Chinese Enterprises

With the continuous advancement of China’s action plan for peak carbon dioxide emissions and carbon neutral standardization improvement, China’s ESG system has also made great progress. ESG research based on the perspective of Chinese enterprises is also gradually enriched. Among them, the research results of the ESG rating system and disclosure mechanism in China are becoming more and more perfect. The important role of ESG in enterprise value, financial performance, and financing costs has been further demonstrated. Research on ESG investment has broad prospects. This paper is a summary of the relevant literature in China. It not only pulls out and summarizes the main research views, but it also analyzes and summarizes the existing research areas so that future academic research can be pointed in the right direction.