Research on the Collaborative Development of ESG Performance and Innovation Capability in the Manufacturing Industry

Jinglin Xu ()
Additional contact information
Jinglin Xu: Shanghai JianQiao University, College of Foreign Language

A chapter in Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025), 2025, pp 583-595 from Springer

Abstract: Abstract As global attention to environmental protection and sustainable development continues to rise, the environmental, social and governance (ESG) performance of enterprises has become an important indicator of their comprehensive competitiveness. In the automotive industry, the environmental pollution and energy shortage caused by traditional fuel vehicles have become increasingly severe, and the transformation to new energy vehicles has become an inevitable trend. Innovation, as the core driving force for the development of new energy vehicle enterprises, has a complex and close relationship with ESG performance. On the one hand, enterprise’s emphasis on ESGs prompts them to increase investment in green technology R&D, social responsibility fulfilment and corporate governance optimization, thereby stimulating innovation vitality and enhancing innovation capabilities, such as developing more efficient battery technologies to reduce environmental impact and promote global sustainable development. On the other hand, the continuous improvement of enterprise’s innovation capabilities also helps to enhance their ESG performance and increase brand value and social recognition. This paper conducts a detailed analysis of Tesla, Inc., in the form of case studies to explore the connection between ESG performance and corporate innovation capabilities. Its aim is to encourage manufacturing enterprises to incorporate sustainable development and social responsibility into the core of their strategies during the process of innovative development and to regard ESG performance as a key dimension for measuring the quality of enterprise development. Ultimately, as the innovation capabilities of enterprises gradually improve, more enterprises attach importance to the sustainable development of society as a whole, and the ESG performance of enterprises may improve. Moreover, ESG performance may also be influenced by other external factors, not just the factor of innovation capability alone. This paper investigates the connection between ESG performance and enterprise innovation capabilities.

Keywords: ESG Performance; New Energy Vehicles; Innovation; Sustainable Development (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-835-6_62

Ordering information: This item can be ordered from
http://www.springer.com/9789464638356

DOI: 10.2991/978-94-6463-835-6_62

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().