Research On The Construction Of Financial Performance Evaluation System Of F Food Company Under ESG

The ESG has lately arisen as a new force in corporate development because to its strong alignment with the trend toward low-carbon,environmentally friendly,and sustainable development.The ESG is a new evaluation concept that combines environmental,social responsibility,and governance in order to further improve corporate development plans and adopt a new development pattern.Because food production and safety are related to people’s livelihoods and comprise a vital pillar of the national economy,it is critical to protect food safety and build momentum for the long-term development of food enterprises.At the same time,the risks and challenges that the food industry faces should not be overlooked,as the regular occurrence of bad food issues can lead to biased investment decisions and limited corporate development.To comprehend the economic development situation and improve the performance of the food industry,it is necessary to conduct an objective,comprehensive,and operational evaluation of the financial performance of food enterprises,as well as to timely adjust the development direction of enterprises based on the evaluation situation and optimize financial performance.This paper compares the concepts related to ESG,as well as the low-carbon development theory,social responsibility theory and corporate governance theory that support the ESG,analyzes the policy background of ESG and the policy background of the food industry on this basis.The current problems and reasons of the current evaluation methods are analyzed,that is,lack of environmental responsibility for development;underestimation of social responsibility;lack of holistic corporate governance;and lack of systematic evaluation methods.To address the current situation and problems of financial performance evaluation of Company F,firstly,combined with the industry characteristics and development features of China’s food industry,this paper completed three screenings through keyword sea selection,expert research and correlation-principal component analysis method to select the evaluation indexes under the ESG that are closest to the industry characteristics,and on this basis,determine the feasibility of the indexes and construct a financial performance evaluation index system suitable for Company F.Secondly,the Company F data from 2016 to 2021 are presented for empirical analysis and research,and the results are scored and evaluated for effectiveness using the comprehensive gray correlation evaluation method.This assignment method combines the hierarchical analysis method and the entropy value method.In order to provide remedies for further preserving reliable financial performance evaluation,the findings of the financial performance evaluation for the introduction of the ESG in Company F are shown at the end.By referencing the ESG,the research in this paper aims to accurately assess the financial performance of the food industry while also preventing it from sacrificing the environment and abdicating its responsibilities in the name of corporate profits.It also aims to assist businesses in optimizing and upgrading their current management and performance incentive initiatives with a more thorough financial performance evaluation system that closely resembles the four dimensions of corporate social responsibility.