Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 53 , 01 December 2023
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Access | Article
A Study on the Current Situation of ESG Information Disclosure and Its Consequences – Taking China Shenhua Energy Company Limited as an Example
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Abstract
ESG disclosure is essential for enhancing corporate transparency given the increasing global growth of ESG systems. China’s coal industry generates economic advantages but also causes external diseconomies and is required to fulfill certain social obligations. So that the general public may comprehend how corporate social responsibility is being fulfilled, it is imperative that businesses in the coal sector take the effort to provide social responsibility information. In order to determine if the information in coal companies’ ESG reports complies with requirements and to examine the effects of the reports’ release on businesses, this article uses China Shenhua Energy Co., Ltd. as its research subject. This paper primarily looks at Shenhua’s ESG report by comparing it to the GRI standard, and discovers that Shenhua’s ESG information disclosure still has some deficiencies. However, from the event study method, we learn that the publication of Shenhua’s ESG report has had some positive effects on the company.
Keywords
ESG, information disclosure, China Shenhua Energy Co., Ltd.
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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)
- 978-1-83558-153-7
- ISBN (Online)
- 978-1-83558-154-4
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/53/20230807
- Copyright
- 01 December 2023
- 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