ESG Rating Divergence: Literature Review and Research Prospects

Yanzhu Suo

doi:10.54097/29bh5b88

Authors

Yanzhu Suo

DOI:

https://doi.org/10.54097/29bh5b88

Keywords:

ESG Rating, ESG Rating System, ESG Rating Divergence, Influencing Factor, Economic Consequences

Abstract

ESG (Environment, Social and Corporate governance) has become the core of the global sustainable development agenda, and the issue of rating divergence has increasingly attracted the attention of academia and industry. Compared to the international market, the research on ESG rating divergence in China is still in its infancy, and there are significant differences in the standards and systems adopted by different rating agencies. This article aims to comprehensively review and analyze the current situation of ESG ratings at home and abroad, the influencing factors of rating differences, and their economic consequences, and provide suggestions for the construction and optimization of China's ESG rating system. It is hoped to provide valuable references and guidance for further research and practice of domestic ESG ratings, thus providing effective guidance for stakeholders' decision-making.

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