Research on the Impact of ESG Performance on Financial Performance of Listed Companies

Using A-share companies listed on Shanghai Stock Exchange as research samples and relevant information from 2018 to 2022 as research data, this paper uses data analysis to verify the impact of ESG performance on corporate financial performance, and introduces financing constraints as an intermediary variable to explore the influence mechanism.This paper finds that ESG performance can promote the improvement of corporate financial performance, and this promotion is achieved by reducing the financing constraints of enterprises.