ESG and Sustainability
Definition
Practices in environmental, social, and governance aspects.
Historical Background
2010s: ESG concepts drove sustainable enterprise development.
Example
Energy conservation, social responsibility, governance. Like corporate conscience.
Formula
ESG Rating = f(Environmental Performance, Social Performance, Governance Performance)
Core Concepts
Corporate responsibility: balancing economic, social, and environmental development.
Extended Applications
E: emissions, pollution prevention, resource recycling; S: employee rights, community contribution; G: governance, disclosure, risk management; ESG reporting.