Advances in Economics, Management and Political Sciences

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Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Series Vol. 69 , 08 January 2024


Open Access | Article

ESG Development Analysis on Renewable Energy Car Industry-Li Auto. Inc

Yueqing Wang * 1
1 Poole management, North Carolina State University, Raleigh 27607, United States

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 69, 15-22
Published 08 January 2024. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Yueqing Wang. ESG Development Analysis on Renewable Energy Car Industry-Li Auto. Inc. AEMPS (2024) Vol. 69: 15-22. DOI: 10.54254/2754-1169/69/20230581.

Abstract

This paper briefly describes the meaning and impact of ESG, and what kind of effect and role it has had on the world and enterprises. After that, this thesis takes Li Auto Company as an instance to analyze the performance of this company in terms of environment, society and regulation. Use the data and measures of Li Auto in terms of environment, society and regulation to analyze the performance of Li Auto’s ESG. There is also an analysis based on the comparison of Li Auto’s 2021 and 2022 reports and the ESG performance of other renewable car companies in the same industry. In the research, it is found that the performance of Li Auto Company in terms of ESG is relatively upstream among its peers, based on Li Auto’s ESG report and ESG-risk rating. This paper will deepen people's understanding of the ESG development of Li Auto Company. Furthermore, the ESG research on Li Auto will serve as a recommendation and reference for the development of ESG for Li Auto and other car companies.

Keywords

ESG, Li Auto, emissions, pollution, development

References

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2. Wang, C., Yang, Z. and Wan, C. (2023) Research on the Impact of ESG Rating on Enterprise Value——Based on the Perspective of New Energy Vehicle Industry Chain. SME Management and Technology, 10, 41-43.

3. Lu, L. and Xie, Z. (2023) ESG: The Road to Global Cooperation to Build a Sustainable Future. International Engineering and Labor Services, 7, 49-52.

4. He, S. (2023) Corporate ESG Performance and Green Innovation. Exhibition Economy, 13, 134-137.

5. Sha, P. (2023). A Quick Look at the Series of New Energy Vehicle Policies Issued by the State Council Recently! Retrieved from https://www.gov.cn/zhengce/202306/content_6888250. htm

6. Li Auto Inc. (2021, 2022). Environmental, Social and Governance Report. Retrieved from https://ir.lixiang.com/esg

7. Kumar, M.M.A., Sinha, D. and Basheer, S.M. (2022) Biological Treatment of Volatile Organic Compounds (VOCs) and Odorous Compounds. Biotechnology for Environmental Protection, 131-164.

8. Rehman, A., Ma, H., Ahmad, M., Irfan, M., Traore, O. and Chandio, A.A. (2021) Towards Environmental Sustainability: Devolving the Influence of Carbon Dioxide Emission to Population Growth, Climate Change, Forestry, Livestock and Crops Production in Pakistan. Ecological Indicators, 125, 107460.

9. Lewis, C. and Mehmet, M. (2020) Does the NPS® Reflect Consumer Sentiment? A Qualitative Examination of the NPS Using a Sentiment Analysis Approach. International Journal of Market Research, 62, 9–17.

10. Sustainalytics.com. Company ESG Risk Rating - Sustainalytics. (n.d.). Retrieved from https://www.sustainalytics.com/esg-rating/li-auto-inc/2008001012

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
ISBN (Print)
978-1-83558-269-5
ISBN (Online)
978-1-83558-270-1
Published Date
08 January 2024
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/69/20230581
Copyright
08 January 2024
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated