| Under the strategic goal of "achieving carbon peak by 2030 and carbon neutrality by 2060",accelerating the green transformation of enterprises is the key to achieve sustainable economic development.Strengthening green investment is the main measure to promote green development,circular development and low-carbon development goals.Therefore,in the context of green development,thermal power and other enterprises with high emissions and high pollution have to expand environmental protection investment to build ecological civilization and undertake environmental protection responsibilities,such as increasing investment in clean energy development and green technology research and development,and increasing expenditure on environmental protection and energy saving transformation of production mode,so as to facilitate the process of green transformation of enterprises.Meanwhile,the People’s Bank of China and other seven ministries and commissions jointly issued the Guiding Opinions on Building a Green Financial System in 2016.The main goal of this system is to mobilize and encourage enterprises to invest more capital in green industries,so as to accelerate the pace of green transformation of enterprises.In this context,Huaneng International has accelerated the research and development and promotion and application of advanced technologies for energy conservation and carbon reduction,increased green investment to continuously optimize the energy structure,and integrated the concept of green and low-carbon into the whole process of enterprise production.The ESG rating has been outstanding,and the economic and environmental results brought by the enterprise’s green investment have been remarkable.In view of this,this paper takes Huaneng International as the research object,and on the basis of summarizing relevant studies at home and abroad,the annual reports of the enterprise since 2016 as well as the social responsibility reports are studied and analyzed.Based on a detailed introduction of the enterprise’s business situation and the current situation of green transformation,a case study approach is used to explore the internal and external motivations of Huaneng International’s implementation of green investment and its specific application in the transformation process,and the effect and degree of influence of green investment on the enterprise’s green transformation is explored through the analysis of gray correlation.On the basis of the relevant conclusions,the actual benefits brought by the green investment of Huaneng International are discussed from both vertical and horizontal perspectives by using comparative analysis.Based on the relevant findings,Huaneng International used comparative analysis to explore the actual benefits brought by its green investment from both vertical and horizontal perspectives.The analysis results show that Huaneng International has achieved four dimensions through green investment:clean and diversified energy structure;green technology innovation to achieve a breakthrough;saving operating costs,improving profitability and driving economic efficiency;low-carbon emission reduction and energy saving,and excellent environmental performance.However,further analysis reveals that Huaneng International has insufficient R&D and innovation capability,green investment projects increase financial burden,and limited space for green transformation in the investment process.Accordingly,three suggestions are made for the future development of green investment:first,insist on green technology innovation and improve enterprise R&D capability through multiple channels;second,strengthen environmental protection cost control and improve green investment efficiency;third,optimize industrial diversification to broaden business transformation space and reduce enterprise transformation risk.Finally,summarizing the findings of this paper,we call on other energy and power enterprises to take advantage of the current policy to reasonably promote corporate green investment and improve the ESG disclosure system to actively fulfill their social responsibility. |
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