Research On ESG Information Disclosure In Coal Industry

ESG information disclosure is another important non-financial report after corporate social responsibility report,which integrates the related performance of corporate society and governance,and helps to comprehensively examine the ability of enterprises ESG information disclosure is an important institutional basis for implementing the "double carbon" goal in China.However,China’s ESG information disclosure system is in its infancy both in theory and practice,so it is urgent to study a series of issues such as ESG information disclosure and improve ESG information disclosureAt present,the coal industry still plays an important role in China’s economy,but its energy consumption and pollution are also huge,which conflicts with China’s concept of "can" Therefore,in the requirements of the "14 th Five-Year Plan",it is pointed out that the coal industry needs to gradually become energy-saving,green and intelligent,which is a key transition period for the coal industry Shaanxi Coal Industry,as a well-known large-scale coal enterprise,not only undertakes the responsibility of protecting energy conservation,emission reduction and social welfare,but also is one of the enterprises actively disclosing ESG information in the coal industry.Based on sustainable development theory,economic externality theory and corporate social responsibility theory,the thesis takes Shaanxi Coal Industry as the research object from the actual situation of coal industry,optimizes the existing ESG information disclosure quality evaluation index system from three dimensions of environment,society and corporate governance,and uses content analysis method and hierarchical analysis method to evaluate the ESG information disclosure quality of Shaanxi Coal Industry in all aspects,and finally uses KZ index and PEG model are used to analyze the impact of ESG information disclosure quality on the economic effect of enterprises.The main research conclusions from this thesis are: firstly,the score rate of ESG information disclosed by Shaanxi Coal Industry can know that the quality of ESG information disclosed by it is in the middle to upper level,but some information disclosure lacks comparability and balance,and there is still a need to improve the quality of environmental information disclosure.Secondly,the data analysis reveals that Shaanxi Coal’s high quality ESG information disclosure effectively enhances the reputation of the company,and also has positive and positive benefits in terms of reducing corporate financing constraints and cost of capital and enterprise value enhancement.Finally,based on the above findings,this thesis makes relevant suggestions on how to improve the quality of coal ESG information disclosure at the enterprise level and the government level,respectively.Enterprises can improve the comparability,completeness,balance and materiality of ESG information by clarifying the ESG information disclosure framework,disclosing negative information and establishing a special ESG committee.The government,on the other hand,can encourage,guide and urge enterprises to make high-quality ESG information disclosure by establishing and improving relevant laws and regulations,introducing a third-party assurance mechanism and implementing a parallel system of incentives and accountability.