Author(s)

Jiayong Xu ^1,2, Lirong Wan ¹

Affiliation(s)

¹ The Graduate University of Mongolia (GUM), Ulaanbaatar, 14200, Mongolia
² Beijing Polyvision Technology Development Co., Ltd., Beijing, 100101, China

Corresponding Author

Lirong Wan

ABSTRACT

This paper summarizes the current research status on the relationship between enterprise operation efficiency and ESG (environmental, social and corporate governance) performance. Through literature review and analysis, it is found that enterprises' active attention to ESG factors can often promote the improvement of their operational efficiency. First, ESG measures such as optimizing environmental management, strengthening social responsibility fulfillment and improving corporate governance structure can help enterprises reduce production costs, improve the efficiency of resource utilization, and enhance market competitiveness. Second, companies with strong ESG performance often gain a higher level of market recognition and social trust, thus increasing their brand value and sales revenue. In addition, excellent ESG performance can also attract and retain excellent people, and improve employee satisfaction and productivity. However, it should be noted that not all studies were able to draw consistent conclusions, and some studies found a positive association between ESG performance and operational efficiency. Therefore, future research need to deeply explore the relationship between different factors to better understand and explain the impact of ESG performance on their operational efficiency and provide more effective strategic and practical suggestions for sustainable development.

KEYWORDS

Operational efficiency, ESG performance, sustainable development, and environment

CITE THIS PAPER

Jiayong Xu, Lirong Wan, Research on the Relationship between Operational Efficiency and ESG Performance: A New Perspective for Continued Growth. Industrial Engineering and Innovation Management (2024) Vol. 7: 176-181. DOI: http://dx.doi.org/10.23977/ieim.2024.070123.

REFERENCES

[1] Hao Wenjing. Research on evaluation system of sustainable development of Sports Goods Enterprises from the perspective of ESG [D]. East China University of Science and Technology, 2023.
[2] Li Haoyu. Identification, motivation and economic consequences of ESG [D]. Anhui University of Finance and Economics, 2023. 
[3] Liang Tongxin. Study on the impact of ESG information disclosure quality on the financial performance of listed energy companies [D]. Xi'an University of Technology, 2023.

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