Impact Of Corporate Green Technology Innovation from An ESG Perspective

Abstract

This paper discusses the impact of green innovation on firms in the chemical, manufacturing, high-tech and power generation industries from an Environmental, Social, and Governance (ESG) perspective. Through case studies of representative firms in the industries, it summarizes the common features of the impacts in the industries by focusing on the impacts of green innovation on firms from an ESG perspective. By examining leading chemical companies, AkzoNobel, DuPont and The Dow Chemical Company, it demonstrates how green innovation can significantly improve economic performance. In the high-tech sector, Google, Intel and NVIDIA utilize technology to expand and streamline their businesses. In the manufacturing industry, Siemens, Apple and Tesla represent companies optimized across the board to reduce the CO2 produced during manufacturing. Finally, in the energy sector, Tesla Energy, Vestas, and ANDRITZ Hydro are capitalizing on booming market opportunities for rapid expansion and growth. This paper provides a useful reference and outlook for understanding the growth strategies and profiles of these four industries.