Study on Corporate Sustainability and ESG Disclosure Construction

doi:10.15936/j.cnki.1008-3758.2022.05.013

Abstract

Abstract: As a sustainable entity， sustainability is a particularly important goal of a corporation. Enviromental， social and governance (ESG) information is relevant to corporate sustainability， and ESG disclosure plays an important functional role in improving and promoting corporate sustainability. Due to the shortcomings of ESG disclosure regulations in China， ESG disclosure in practice is not satisfactory， and there are such problems as insufficient disclosure rate， reliability and comparability. In order to perform the function of ESG disclosure and promote corporate sustainability， ESG information of listed companies should be included in mandatory disclosure， adopt the “comply or explain” enforcement， and improve the reliability and comparability of ESG disclosure by using internal control， third-party audit and exchange inquiry letters. Meanwhile， non-listed companies should be encouraged to disclose ESG information voluntarily.

Key words: sustainability; information disclosure; ESG disclosure; comply or explain

CLC Number:

D922.291.91

LIU Jiangwei. Study on Corporate Sustainability and ESG Disclosure Construction[J]. Journal of Northeastern University(Social Science), 2022, 24(5): 104-111.

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