Research On The Impact Of ESG Rating Performance On The Value Of Goldwind Science & Technology

The "E" in the ESG concept represents the environment,"S" represents social responsibility,and "G" represents corporate governance.ESG ratings evaluate a company’s social responsibility and long-term value based on its performance in these three areas.As the construction of a beautiful China and high-quality economic development have become important strategic goals at the national development level,the ESG concept is beginning to rise and popularize domestically.At the same time,"carbon peak" and "carbon neutrality" have become important targets in pollution control under the "14th Five-Year Plan".The government encourages companies to engage in green production and ESG practices by providing related preferential policies and innovative green finance.However,due to the long-term nature of ESG investments,it is difficult for companies to immediately obtain economic feedback.Therefore,to ensure stable economic benefits,companies often ignore social benefits.However,with the gradual improvement of the ESG rating system,a large amount of data shows that obtaining economic benefits and assuming social responsibilities are not contradictory,but can mutually promote each other.In this context,this thesis uses case analysis to study the correlation between ESG rating performance and enterprise value.This thesis first summarizes the ESG concept and ESG rating situation and explains the theoretical basis used.Then,based on the improvement of Goldwind’s ESG rating performance,the thesis analyzes Goldwind’s ESG performance from the perspectives of environment,society,and corporate governance.Subsequently,this thesis analyzes the impact of changes in Goldwind’s ESG rating performance on enterprise value from the aspects of financial performance and market value,and finds that the improvement of ESG rating performance has a positive effect on Goldwind’s enterprise value.Then,through a specific analysis of corporate reputation and capital cost,this thesis further clarifies the ways in which ESG rating performance affects enterprise value,finding that the improvement of ESG rating performance can help companies establish a good reputation while also reducing financing constraints and lowering costs,thus indirectly enhancing enterprise value.A study has found that the improvement of ESG ratings demonstrates the non-financial performance of Goldwind Technology,helping the company establish a good reputation,while easing financing constraints and reducing costs,thereby positively impacting the company’s value.Specifically,Goldwind Technology’s ESG performance has improved,with increased profitability and operational efficiency,as well as an increase in market value.As a result of the investment in ESG,the short-term financial risk has increased,but the enterprises with high ESG performance pay more attention to balance and guarantee the long-term development ability.A good ESG rating sends a positive signal,indicating that the company faces lower systemic risks and has closer relationships with stakeholders,ensuring its ability to continue creating value in the future and achieving mutual benefits.Based on this,the thesis makes recommendations for further developing the ESG concept in China,including actively promoting information disclosure,optimizing the domestic ESG rating system,and strengthening ESG education and regulation.