Figure 1
A diagram shows how good E S G performance promotes green innovation in enterprises.The diagram shows a text box on the left labeled “Good E S G Performance” that connects through a rightward arrow labeled “Direct Effect” to a dashed box in the center that contains three vertically arranged text boxes. The three text boxes inside the dashed box are labeled from top to bottom as follows: “Ease the financing pressure on enterprises”, “Agree with stakeholders' environmental protection concept”, and “Acquire employees' sense of organizational recognition”. A rightward arrow labeled “Promote” emerges from the dashed box and connects to a text box on the right labeled “Green innovation of enterprises”.

Impact mechanism diagram of ESG performance on enterprise green innovation

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