A recent study on Chinese manufacturing companies found that ESG ratings positively impact financial performance.

Export ratios play a mediating role in the relationship between ESG ratings and financial performance.

Carbon-intensive firms have a moderating effect on the ESG-financial performance relationship.

The research underscores the importance of ESG ratings and suggests policy changes to enhance ESG practices in China.

A new data-driven ESG evaluation system is being developed to address the subjective nature of current ratings.

This new system incorporates social sentiment and machine learning algorithms to provide more precise scores.

The new system aims to help companies focus on sustainability initiatives.

Alternative methods like Fuzzy Expert Systems and social network data analysis are being used to improve ESG scoring beyond traditional filings.