Discussion On ESG Information Disclosure Of Jinmo Shares

Sustainable development has always been an important strategic goal of economic and social development.Environmental,social,and corporate governance(ESG),as effective tools to achieve sustainable development,has received close attention from the capital market.The ESG information disclosed by enterprises has become an important reference for investment institutions,regulatory authorities,and other stakeholders to measure the comprehensive performance of enterprises in environmental,social,and corporate governance aspects.Driven by the ESG wave,the information disclosure rate of Chinese enterprises ESG continues to rise rapidly,but there is still great room for improvement in the quality of information disclosure because the development of ESG in our country is still in the primary stage.The establishment of the "double carbon" target and the proposal for the Chinese modernization development strategy has highlighted the importance of high-quality ESG information.Therefore,it is of great significance to conduct in-depth research on ESG information disclosure and build a quality evaluation system of ESG information disclosure with Chinese characteristics to find out the problems existing in ESG information disclosure and improve the quality of Chinese enterprises’ ESG information disclosure from various aspects.This thesis chooses Jinmo shares of heavy-polluting enterprises as the case study object.After a preliminary analysis of the basic situation of its ESG information disclosure,through the construction of an ESG information disclosure quality evaluation system,scientific and in-depth analysis of the problems existing in the enterprise’s ESG information disclosure and causes,and put forward corresponding optimization suggestions,to improve the level of enterprise’s ESG information disclosure and promote high-quality development of enterprises.Firstly,this thesis reviews domestic and foreign literature studies related to ESG information disclosure,sorts out and summarizes the concept,function,and form of ESG information disclosure,and clarifies the connotation and importance of ESG information disclosure.Secondly,by combing and comparing the mainstream ESG information disclosure standards at home and abroad,we can understand the existing disclosure standards on the one hand,and find the lack of standards related to the quality evaluation of enterprise ESG information disclosure on the other hand.Then,based on analyzing the ESG information disclosure of Gold & Molybdenum shares,this thesis combined the current ESG information disclosure standards and commonness,the connotation and objectives of Chinese-style modernization,and the characteristics of the case study objects,and selected the corresponding evaluation indicators from six aspects: relevance,substance,reliability,consistency,comprehensibility,and balance.The relative weight of the index is established by AHP,and the quality evaluation system of ESG information disclosure with Chinese characteristics is constructed.After that,the quality of ESG information disclosure of gold molybdenum shares was evaluated by using a fuzzy comprehensive evaluation method through a questionnaire survey.After analyzing the evaluation results,it is found that there are some problems in the ESG information disclosure of Jinmo shares,such as ease and difficulty to select the disclosure content,difficulty to verify the reliability of the information,and insufficient comparability.The above problems are mainly caused by the lack of unified standard system guidance,insufficient external supervision,immature enterprise ESG governance system,and incomplete enterprise ESG information disclosure system.Finally,based on the above reasons,this thesis puts forward targeted countermeasures to improve the quality of enterprise ESG information disclosure.