Research on the Relationship between ESG and Financial Indicators in the New Energy Vehicle Industry

Abstract

In recent years, sustainable development is an important issue for human social progress, which has become a key focus of attention in the capital market. Therefore, the importance of ESG concepts is becoming increasingly prominent in this context. More and more manufacturing firms seeking development which beginning to incorporate ESG concepts into their plans, and the impact of ESG performance on financial indicators is receiving widespread attention. research adopts a case study method, taking different enterprises in the automotive industry as research objects, and elaborates on their impact on profitability, operational ability, and development ability. Research has found that the good environmental performance of ESG is positively correlated with the excellence of financial indicators in automotive companies, providing financial support for the sustainable development of subsequent enterprises. It can be used as one of the indicators for the investing decision. Finally, research provides relevant recommendations from the perspectives of investors, managers, and future development.