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Nov 30, 2023

Research on Green Transformation of Real Estate Enterprises under ESG Concept

ABSTRACT

With the continuous promotion of “carbon peak and carbon neutrality,” the real estate industry, as an industry with high carbon emissions and great competitive pressure, needs to actively explore a more green and more socially valuable development mode. Green transformation of real estate enterprises is inevitable. ESG (“environmental, social, and corporate governance”) represents a concept of sustainability beyond purely economic benefits. ESG provides a method for green transformation of real estate enterprises. In this paper, ESG is integrated into the green transformation of enterprises, so as to solve the development problems of real estate enterprises. Through case analysis and financial data analysis, this paper expounds the application method and cost-benefit of ESG implementation in real estate enterprises. Finally, this paper puts forward four suggestions, including promoting green buildings, carrying out green operation management in the whole life cycle, improving the proportion of green financing, and building green supply chain. The conclusion of this paper provides ideas for green transformation and innovative sustainable development of real estate enterprises.

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REFERENCES

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Go to ICCREM 2023
ICCREM 2023
Pages: 500 - 505

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Published online: Nov 30, 2023

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Xiaoyuan Wang [email protected]
Lecturer, Dept. of Economics and Management, Zhonghuan Information College, Tianjin Univ. of Technology, Tianjin, China (corresponding author). Email: [email protected]
Hongxing Wen [email protected]
Professor, Dept. of Project Management, Sichuan Univ., Chengdu, China. Email: [email protected]

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