Proceedings of 2024 6th International Conference on Economic Management and Cultural Industry (ICEMCI 2024)

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Research on the Realization Path of ESG Concept in Promoting Enterprise Cost Control

Authors
Wenshuo Wang1, *
1Guilin University of Electronic Technology, Guilin, 541004, China
*Corresponding author. Email: 584200942@qq.com
Corresponding Author
Wenshuo Wang
Available Online 24 January 2025.
DOI
10.2991/978-94-6463-642-0_44How to use a DOI?
Keywords
ESG concept; cost control; sustainable development; implementation path
Abstract

With the increasing attention to sustainable development, the ESG concept has been integrated into enterprise management. This research explores its impact on cost control and the implementation paths. The study finds that ESG directly affects costs through the environment, society, and governance, and also has an indirect impact through brand image, etc. Enterprises have problems such as the lack of a comprehensive cost accounting system and the dilemma of weighing short-term costs against long-term benefits. To facilitate cost control, enterprises can establish an ESG system from aspects such as strategic planning and integration, improvement of the accounting system, optimization of organizational structure and management processes, technological innovation and digital application, and personnel training and capacity building. This includes formulating ESG-oriented strategies, setting relevant indicators, clarifying cost items and accounting methods, establishing specialized departments, applying green technologies and digital tools, and conducting training.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of 2024 6th International Conference on Economic Management and Cultural Industry (ICEMCI 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
24 January 2025
ISBN
978-94-6463-642-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-642-0_44How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Wenshuo Wang
PY  - 2025
DA  - 2025/01/24
TI  - Research on the Realization Path of ESG Concept in Promoting Enterprise Cost Control
BT  - Proceedings of 2024 6th International Conference on Economic Management and Cultural Industry (ICEMCI 2024)
PB  - Atlantis Press
SP  - 413
EP  - 426
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-642-0_44
DO  - 10.2991/978-94-6463-642-0_44
ID  - Wang2025
ER  -