A Study on the Essence,Motivation,and Optimization of ESG in Insurance Companies:Based on an Independently Constructed Research Framework
The ESG initiative is an inevitable choice for insurance companies to implement the new development concept and an important way to achieve high-quality and sustainable development.However,the ESG theory lags significantly behind the practice at present,especially for related fundamental issues in insurance companies.This paper builds a research framework for ESG of in-surance companies based on the review of relevant literature,with a view to providing a theoretical basis for more in-depth re-search and empirical testing of large samples in this field.Based on the constructed research framework,and relying on the case study of China Life Insurance Company Limited,the paper systematically explores the essence and motivation of ESG of insurance companies,answers the question of what is ESG of insurance companies and why insurance companies engage in ESG practices and disclosure.In terms of its essence,ESG of insurance companies is a concept,a standard,and a set of industry logic system;in terms of its motivation,two hypotheses,the internal development theory and the regulation-driven theory are put forward.In addi-tion,this paper also proposes some countermeasures to optimize ESG of insurance companies in China,answering the question of how to improve the ESG development level of insurance companies.
insurance companiesESGresearch frameworkhigh-quality development
NETL
NSTL
万方数据
