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ESG Information Disclosure and Innovation in New Energy Enterprises: A Case Study of CATL
- 1 North University of China, College Road, Shanglan Street, Jiancaoping District, Taiyuan City, Shanxi Province
- 2 Shanxi University of Finance and Economics, 140 Wucheng Road, Xiaodian District, Taiyuan, Shanxi Province
- 3 North University of China, 3 College Road, Shanglan Street, Jiancaoping District, Taiyuan City, Shanxi Province
* Author to whom correspondence should be addressed.
Abstract
In recent years, ESG (Environmental, Social, and Governance) information disclosure and related ratings have garnered increasing attention from the public and enterprises. ESG information disclosure has gradually become an important way for enterprises to fulfill social responsibility. It not only meets the information needs of various stakeholders but is also closely related to corporate innovation, bearing significant implications for long-term corporate development. This paper employs a combination of literature research and case study methods, selecting CATL (Contemporary Amperex Technology Co., Limited), a representative enterprise in the new energy sector, as a typical case study. By analyzing data and business activities from CATL’s ESG reports over the past five years, the relationship between ESG information disclosure and corporate innovation is explored. Additionally, this study incorporates LONGi Green Energy, another industry benchmark, for horizontal comparative analysis to reinforce the research findings. Based on the existing conclusions, the paper further delves into the long-term impacts of the mechanism of ESG information disclosure and corporate innovation. The research results indicate that ESG information disclosure can promote corporate innovation, fostering a virtuous cycle between the two and laying a foundation for the future development of enterprises.
Keywords
ESG Information Disclosure, CATL, Corporate Innovation, Environment, Society
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Cite this article
Chen,Y.;Su,X.;Huang,N. (2024). ESG Information Disclosure and Innovation in New Energy Enterprises: A Case Study of CATL. Advances in Economics, Management and Political Sciences,121,113-122.
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Volume title: Proceedings of the 8th International Conference on Economic Management and Green Development
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