Research on the Development of New Energy Vehicle Industry from the Perspective of ESG

Against the backdrop of increasingly prominent global environmental issues, the importance of ESG concepts is becoming more apparent. The new energy vehicle industry is thriving due to its crucial role in addressing climate change. This article believes that the new energy vehicle industry is making significant progress in the environmental dimension. In the production process, enterprises actively adopt energy-saving and pollution-reduction measures to reduce their impact on the environment. In terms of usage, new energy vehicles become an important force in promoting green travel due to their efficient and clean characteristics; In the recycling process, the potential for the recycling and utilization of new energy vehicle batteries is enormous, providing strong support for the advancement of the circular economy. These efforts promote the green and circular development of the new energy vehicle industry. At the level of social responsibility, the new energy vehicle industry focuses on safeguarding employee rights, optimizing consumer services, and actively engaging in public welfare undertakings, which effectively promotes employment and environmental awareness. In terms of corporate governance, the internal structure of the enterprise continues to be optimized, risk management is effective compliant operations are good, and information disclosure is proactive. Furthermore, ESG performance exhibits a notable positive influence on corporate innovation outcomes, the stability of supply chains, as well as financial performance