Paper Infomation
Green Finance as a Driver: ESG Management and Optimization of Financing Costs for Sustainable Development in BYD
Full Text(PDF, 106KB)
Author: Xin Zhang
Abstract: In the context of increasingly severe global climate change and environmental issues, sustainable development and green economy have become the focus of global attention. As a leading enterprise in China's new energy vehicle industry, BYD has significantly optimized its financing costs and promoted its sustainable development by implementing Environmental, Social, and Governance (ESG) management strategies and actively utilizing green financial instruments. This paper conducts an in-depth analysis of BYD's ESG management and green finance practices, exploring their specific effects in reducing financing costs, optimizing financial structures, and enhancing market reputation. The research finds that BYD's green bond financing not only aligns with the company's long-term development strategy but also brings significant economic and environmental benefits by improving corporate image and enhancing investor confidence. BYD's successful case provides valuable reference for other new energy vehicle enterprises and offers useful insights for promoting the development of the green bond market and achieving the "dual carbon" targets.
Keywords: Green Finance, ESG Management, BYD, Financing Costs, Sustainable Development
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