Quantitative Analysis of the Impact of Corporate ESG Ratings on Regional GDP Growth in the Yangtze River Delta Economic Sphere
- DOI
- 10.2991/978-94-6463-598-0_10How to use a DOI?
- Keywords
- ESG Ratings; Yangtze River Delta; Regional Economic Growth
- Abstract
Amidst the tides of globalization and sustainable development, the construct of Corporate Social Responsibility (CSR) has evolved into an ESG (Environmental, Social, and Governance) rating system. This research delves into the Yangtze River Delta, a pivotal engine of China’s economic landscape, to elucidate the intrinsic nexus between corporate ESG ratings and regional GDP augmentation. By employing a linear regression analysis on the dislocated datasets of corporate ESG ratings from 2019 to 2023 and corresponding economic metrics from 2018 to 2022, this study quantitatively assesses the potential influence of ESG ratings on regional GDP. The findings underscore a significant positive correlation between enhanced corporate ESG ratings and the economic growth of the Yangtze River Delta, highlighting the pivotal role of corporate ESG initiatives in regional economic prosperity within the context of global economic integration and sustainable development.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yuqi Liu PY - 2024 DA - 2024/12/19 TI - Quantitative Analysis of the Impact of Corporate ESG Ratings on Regional GDP Growth in the Yangtze River Delta Economic Sphere BT - Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024) PB - Atlantis Press SP - 74 EP - 86 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-598-0_10 DO - 10.2991/978-94-6463-598-0_10 ID - Liu2024 ER -