Research on the Influence Mechanism of Corporate ESG Performance on Financial Performance: A Case Study of LONGi Green Energy Technology
企業のESGパフォーマンスが財務パフォーマンスに与える影響メカニズムに関する研究：隆基緯能科技を事例として (AI 翻訳)
Y. Mao, Xiangfeng Zeng
🤖 gxceed AI 要約
日本語
本論文は、太陽光発電企業である隆基緯能科技を事例に、2020～2024年のESG実践と財務データを分析し、ESGパフォーマンスが財務パフォーマンスに影響を与えるメカニズムを解明。環境次元では研究開発投資と資源効率がコスト削減と運営レジリエンスに寄与し、社会次元では安全生産とサプライチェーン責任が運営安定性を確保し、評判が資金調達コストを低減。ガバナンス次元では専門的な取締役会と汚職防止策が戦略実行の制度的保証を提供する。
English
This paper uses LONGi Green Energy Technology, a leading photovoltaic company, as a case study to explore how ESG performance influences financial performance through analysis of its ESG practices and financial data from 2020 to 2024. It finds three pathways: environmental (R&D and resource efficiency reduce costs and enhance resilience); social (safety and supply chain responsibility ensure operational stability, reputation lowers financing costs); governance (professional board and anti-corruption provide institutional support). Strategic ESG transforms responsibilities into competitive advantages.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
本論文は中国企業の事例だが、ESG経営の財務効果を示す点で日本企業にも示唆がある。特にSSBJや有価証券報告書におけるESG開示の投資家への説明材料として有用。
In the global GX context
This study provides empirical evidence on how ESG practices drive financial performance in the renewable energy sector, relevant to global GX discussions on the business case for sustainability. It complements frameworks like TCFD and ISSB by showing concrete financial benefits from ESG integration.
👥 読者別の含意
🔬研究者:Provides a mechanism framework linking ESG dimensions to financial performance, useful for further empirical studies.
🏢実務担当者:Demonstrates how strategic ESG can reduce financing costs and enhance operational resilience, directly applicable to corporate sustainability strategy.
🏛政策担当者:Offers evidence that ESG disclosure can lead to financial benefits, supporting policies that incentivize corporate sustainability.
📄 Abstract（原文）
Against the backdrop of global carbon neutrality and the "Dual Carbon" strategy, how corporate ESG performance affects financial performance has become a critical issue. This paper takes LONGi Green Energy Technology, a leading photovoltaic enterprise, as a case study, and explores the influence mechanism between the two by analyzing its ESG practices and financial data from 2020 to 2024. The study finds that LONGi's outstanding ESG performance enhances financial performance through three core pathways: in the environmental (E) dimension, sustained R&D investment and resource efficiency management drive technological cost reduction and operational resilience; in the social (S) dimension, safety production and supply chain responsibility construction ensure operational stability, while significant accumulated social reputation is directly translated into a substantial reduction in financing costs; in the governance (G) dimension, a professional board structure, anti-corruption measures, and expense control capabilities provide institutional safeguards for strategy execution and risk prevention. Strategic ESG practices can effectively transform environmental and social responsibilities into competitive advantages and financial gains, offering practical insights for similar enterprises to achieve sustainable development.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.54691/6yret006first seen 2026-05-15 21:50:24
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