Analysis of the Impact of ESG Information Disclosure on Corporate Financial Performance

Abstract

With the in-depth development of the concept of sustainable development, the importance of ESG (Environmental, Social, and Governance) information disclosure in corporate development has become increasingly prominent. Taking Xiaomi Group as the research object, this study first elaborates on ESG-related theories, then analyzes the current status of Xiaomi Group's ESG information disclosure and its financial performance, and further explores the impact of ESG information disclosure on Xiaomi Group's financial performance from the dimensions of environment, social responsibility, and corporate governance. The research finds that good ESG information disclosure has a positive promoting effect on Xiaomi Group's financial performance. Finally, based on the research conclusions, corresponding suggestions are put forward for enterprises and regulatory authorities, and the limitations of the research and future prospects are pointed out.