ESG Sustainable Evaluation of the Silk Road on Ice Based on Entropy Weight TOPSIS Method

Abstract

 As an international economic and trade cooperation project, "Ice Silk Road" is of excellent research significance to the sustainable development construction strategy proposed by China. Based on the ESG sustainable evaluation framework, this paper constructs a sustainable evaluation index system for the "Ice Silk Road" project from three dimensions: society, environment and governance. Then, the entropy weight method and TOPSIS model were used to sort and evaluate the sustainable development performance of relevant countries along the "Ice Silk Road" project from 2013 to 2019, and suggestions were put forward for the research on ESG sustainable development construction of the "Ice Silk Road" project. The results showed that the environmental dimension accounted for a large part of the sustainable development performance from 2013 to 2019, and there were differences in the level of sustainable development infrastructure construction among countries along the "Ice Silk Road" project. Finland, Denmark, Sweden, Japan and the United Kingdom ranked top in comprehensive strength. Denmark, Norway and South Korea have the highest level of sustainable development, while China has the lowest overall score, but China has a large room for improvement in the future from the social and environmental dimensions of development; China needs to strengthen exchanges and cooperation to promote the sustainable development of the "Ice Silk Road" project.