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The evaluation of ESG strategy implementation effect based on performance prism

Evidence from the industrial and commercial bank of China

Datos Bibliográficos

ID22232201
AutoresWei Liu (0000-0002-5949-0302, Nanjing University of Information Science and Technology, autor de correspondencia), Yan Han (0000-0002-2772-9315, Nanjing University of Posts and Telecommunications), Han Yan (0009-0005-6776-0682)
Año2025
Volumen12
Número1
Fecha de publicación2025-03-19
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaHumanities and Social Sciences Communications (JOURNAL)
Identificadores de la revistaISSN: 2662-9992 • E-ISSN: 2662-9992
EditorialSpringer Science and Business Media LLC (PUBLISHER)
DOI10.1057/s41599-025-04572-x
OpenAlexW4408608232
IdiomaEN
Referencias citadas39

An increasing number of Chinese listed companies have opted to integrate the environment, social and government (ESG) strategy into the long-term corporate development strategies under the dual pressures of climate and environmental crises. However, the effect of ESG on comprehensive performance and harmonization of different stakeholders are unclear. Based on the performance prism model, this paper analyses the implementation effect of ESG strategy by selecting relevant qualitative and quantitative indicators of industrial and commercial bank of China (ICBC) and evaluates the effect of ESG strategy implementation by using the comparative method and entropy value method. There were several main findings:(1) implementing ESG strategy has a positive effect on the sustainable development of ICBC as a whole; (2) ESG strategy has a different degree of positive effect on each dimension of stakeholders. It has the greatest effect on governments, but less effect on investors. These findings contribute to a deeper understanding of the ESG strategy and their important implications to the establishment and improvement of ESG evaluation system

Business · China · Optics · Political science · Prism · Corporate Social Responsibility Reporting · Environmental Sustainability in Business · Global and Cross-Cultural Management · Law · Accounting

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  • Corporate responsibility and financial performance

    Open Access•Jordi Surroca, Josep A Tribo et al.•Strategic Management Journal•2010

  • The role of corporate sustainability performance for economic performance

    Open Access•Marcus Wagner•Ecological Economics•2010

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