Quality Analysis of ESG Information Disclosure-Take Luxin Venture Capital and Public Utility for Example

Abstract

The national concept of sustainable development has gained popular support and the "two-carbon" strategy has continued to advance, domestic capital markets are increasingly paying attention to ESG (environmental, social, and governance). This paper constructed ESG information disclosure quality indicators based on GRI2 standards, and evaluated them against established ESG information disclosure quality indicators according to Luxin Venture Capital 2021 ESG Report and Public Utility 2021 Environment, Society and Governance (ESG) report. It is found that there are different differences in the ESG reports of different companies, as the paper has the common problems of lack of balance and reliability disclosure. By evaluating the quality of enterprise ESG information disclosure, the research hopes to improve the level of ESG information disclosure, and enhance the level of enterprise ESG management, to increase the quality of Chinese ESG information disclosure, promote sustainable development of enterprises, and realize high-quality development of enterprises.