Research on the Impact of Corporate ESG Performance

Against the backdrop of the global attention paid to sustainable development and the fulfillment of corporate social responsibility, enterprises and investors have come to gradually recognize the importance of environmental responsibility. Environmental protection has become a core issue on the global agenda. The ESG concept has emerged as a pivotal assessing for evaluating corporate value. The research adopts the literature research method to review relevant literature and conduct a comprehensive analysis of the consequence that corporate ESG performance exerts. The research covers the influence of ESG on enterprises (such as performance and reputation) and society (including information recipients, auditing, and the ecological environment). According to the findings, corporate auditing and the development of high-quality new productivity are both benefited by ESG performance. However, its influence on corporate performance, reputation, financing, employee selection, information acquisition, and the ecological environment is two-sided. The results obtained from this research hold substantial significance for enterprises, investors, the capital market, and social development, providing a basis for decision-making by relevant entities and promoting sustainable development.