ESG practices, challenges and opportunities among carbon intensive industry: Basis for green corporate image framework

International Journal of Research Studies in Management
CollabWritive Special Issue
2025 Volume 13 Issue 3

Available Online: 25 April 2025

Author/s:

Zeng, Fanlong
Graduate School, Lyceum of the Philippines University – Batangas, Philippines

Abstract:

This research examines the ESG Practices, Challenges, and Opportunities within carbon-intensive industries—including steel, energy, and chemicals—in Shanghai, China. The study seeks to evaluate the hurdles these companies face when adopting ESG strategies, particularly concerning stakeholder engagement, product lifecycle management, and data standardization issues. Additionally, it aims to outline the specific ESG practices of carbon-intensive industry firms and analyze the relationship between these practices, the challenges they may encounter, and future development opportunities. Lastly, it focuses on the framework for the green image of carbon-intensive enterprises. The insight of this research work is that if an enterprise highly depends on carbon emissions, there are internal correlations between its three major ESG pillars and multiple core aspects, such as the quality of operational efficiency, the pace of technological progress, and the supervision mechanism for various stakeholders. In the process of improving the ESG performance of such companies, on the one hand is the degree of perfection of their internal control systems, and on the other hand depends on the specific level of the enterprise’s own data management. The research used a descriptive method; 407 responses were collected. Finding, outlines several key paths for sustainable growth of carbon-intensive enterprises. It is urgent for enterprises to invest in the skill improvement of their workforce, and special training programs are important means to achieve this goal. They also need to work on unblocking information channels, such as measures like improving communication systems and regularly conducting internal control audits. Implementing sound data governance norms and implementing standardized operating procedures in possible areas are also crucial for the steady development of enterprises. Embracing digital solutions to simplify operations and reinforcing corporate governance structures are equally crucial. Finally, this study develops a comprehensive green corporate image framework for carbon-intensive industry firms.

Keywords: ESG practices, carbon-intensive industries, internal control, sustainable growth, green corporate image framework

PDF

DOI: https://doi.org/10.5861/ijrsm.2025.25047

Cite this article:
Zeng, F. (2025). ESG practices, challenges and opportunities among carbon intensive industry: Basis for green corporate image framework. International Journal of Research Studies in Management, 13(3), 141-152. https://doi.org/10.5861/ijrsm.2025.25047