Evaluating the Sustainable Development Performance of China’s International Commercial Ports Based on Environmental, Social and Governance Elements

Abstract

An environmental, social and governance (ESG) evaluation system can focus on the value of enterprises more comprehensively and better scrutinize the development premise of enterprise. As a novel investment concept, both domestic and foreign investors widely acknowledge the significance of ESG. With the implementation of “carbon peak”, “carbon neutral” and other national strategies, an increasing number of transportation enterprises in China’s international commercial ports have started to focus on the role of ESG evaluation. This not only facilitates self-examination and correction within enterprises but also helps in adjusting the strategic direction toward sustainable development. This shift toward ESG evaluation is crucial for promoting environmental sustainability and corporate social responsibility within the transportation industry. In this regard, this study aims to evaluate the sustainable development performance of China’s international commercial ports based on ESG elements. A data envelopment analysis (DEA) is considered to be a non-parametric performance evaluation method that can effectively solve for multi-criteria decision-making units, so this study mainly selects the DEA model for the performance evaluation. This study conducted research to select eight benchmarking companies within the industry and found that efficient units excelled in their ability to complete capacity levels with high quality and quantity at ports. In contrast, less efficient units scored lower in the domain of social responsibility.