Abstract:

New quality productivity is not only an innovative theoretical proposition, but also an important practical proposition. To promote the cultivation and development of new quality productivity, it is necessary to make profound changes to the value creation model of enterprises, while corporate ESG is the concentrated embodiment of the value creation model. There is consistency between new quality productivity and ESG in terms of conceptual connotation, element composition, and practical characteristics. Therefore, to overcome the various challenges faced by current corporate ESG due to the theoretical limitations of traditional investment evaluation, social responsibility, and information disclosure, we may reconstruct the traditional ESG concept from the perspective of new quality productivity, including revitalizing the concept of corporate ESG from evaluation to action, from balance to kinetic energy, from individual to ecological perspectives. In this way, not only can it promote the improvement and perfection of corporate ESG theory and practice itself, but it can also guide corporate ESG practice towards the direction of new quality productivity, stimulate new driving forces for the development of new quality productivity in ESG practice, promote the construction of a modern industrial system for the development of new quality productivity, and better promote the cultivation and development of new quality productivity.

Key words: new quality productivity, corporate ESG, concept of ESG, value creation model