摘要当前，贯彻落实新发展理念、稳步推进经济可持续是国家的重要发展战略。
商业银行作为经济发展的核心主体，承担着稳定金融市场的重要职责。为了更好
地处理经济、自然、社会之间的关系，金融监管机构对银行业信息披露质量的管
控越发严格；而随着绿色发展和企业社会责任观念逐渐深入人心，市场投资者对
商业银行信息披露质量的要求也越来越高。商业银行需要主动适应市场需求，将
高质量的信息披露作为实现自身长期可持续发展的关键手段。过去以财务信息为
主的传统信息披露已不能满足监管、投资决策和银行自身发展的需要。
在国际金融市场上，以ESG（Environment、Social and Governance，即环境、
社会及公司治理）为代表的可持续发展能力逐步成为金融机构的重要价值维度。
商业银行高质量地披露ESG 信息不仅可以推动经济社会可持续发展，更有助于
对银行自身加强环境、社会责任等方面的约束，抑制其过度逐利倾向。但国际主
流ESG 评价体系并不完全适用于我国，若要衡量我国商业银行的ESG 信披质量，
就需要建立适合我国国情的商业银行ESG 信息披露评价体系，并将其付诸于实
践，以提升其有效性和适用性。
基于此，本文选取了我国ESG 信息披露具有代表意义的Y 银行作为研究对
象，分析以AHP-FCE 法构建的商业银行ESG 信息披露质量评价体系的适用性，
为提升商业银行ESG 信息披露质量探寻合适的路径，以期能促进我国商业银行
ESG 信息披露质量的提升和质量评价标准的建立。全文主要研究内容如下：
首先，本文对国内外相关研究、有关概念和理论基础进行了较为详细的梳理；
随后，在比较分析AHP-FCE 法对于ESG 信息披露质量评价的适用性基础上，参
考前人研究和国际主流ESG 评价体系，并结合我国国情和银行业特殊性，构建
了商业银行ESG 信息披露质量评价体系；接下来，将该体系应用于评价Y 银行
2018-2020年的ESG 信息披露质量，结果显示：Y 银行ESG 信息披露质量处于
“良好”水平，与其现实表现相匹配。但基于对Y 银行评价结果的分析，发现
其仍存在一些问题：披露信息不完整、披露内容不统一、量化信息披露较少、披
露可靠性不足等。究其原因，一方面源自Y 银行自身ESG 意识较低，自主披露
积极性不高，并且披露能力不足；另一方面是由于外部缺乏可参考的ESG 信息
披露标准、强制性ESG 信息披露制度和监管服务体系。最后，本文有针对性地
提出了相应的参考建议：第一，应当加快制定统一可参考的ESG 信息披露标准；
第二，银行需要加大对ESG 信息披露的力度，包括提升ESG 信息披露的意识、
I
摘要
提高量化数据的收集能力、加强ESG 信息披露人才培养等；第三，监管部门需
要出台相应保障措施，包括强制性ESG 信息披露制度、有效的ESG 信息披露监
管和服务以及加强对投资者运用ESG 信息的教育等。
关键词：商业银行；ESG；信息披露质量；AHP-FCE 法
II
Abstract
Abstract
At present,it is an important national development strategy to implement the
new development concept and steadily promote economic sustainability.As the core
subject of economic development,commercial banks undertake the important
responsibility of stabilizing the financial market.In order to better handle the
relationship between economy,nature and society,financial regulators have
increasingly strict requirements on the quality of banking information disclosure;
With the sustainable development and the concept of corporate social responsibility
gradually rooted in the hearts of the people,market investors have higher and higher
demand for the quality of information disclosure of commercial banksmercial
banks need to actively adapt to market demand and take high-quality information
disclosure as the key means to realize their long-term sustainable development.In the
past,the traditional information disclosure based on financial information can no
longer meet the needs of supervision,investment decision-making and the
development of banks.
In the international financial market,the sustainable development capability
represented by ESG (environment,social and Governance)has gradually become an
important value dimension of financial institutions.The high-quality disclosure of
ESG information by commercial banks can not only promote the sustainable
development of economy and society,but also help to strengthen the constraints of
environment and social responsibility and curb the tendency of excessive profit
seeking.However,the international mainstream ESG evaluation system is not fully
applicable to China.If we want to measure the ESG information quality of China's
commercial banks,we need to establish an ESG information disclosure evaluation
system suitable for China's national conditions and put it into practice to improve its
effectiveness and applicability.
Based on this,this paper selects y bank,which is a representative of ESG
information disclosure in China,The research object is to analyze the applicability of
the ESG information disclosure quality evaluation system of commercial banks
constructed by AHP-FCE method,and explore an appropriate path to improve the
ESG information disclosure quality of commercial banks.This paper aims to improve
III
Abstract
ESG information disclosure quality and establish quality evaluation standards of
commercial banks in China.The main research contents are as follows:
Firstly,this paper combs the relevant research、concepts and theoretical basis in
detail;Then,based on the comparative analysis of the applicability of AHP-FCE
method to the quality evaluation of ESG information disclosure,referring to the
foreign ESG evaluation system,combined with previous studies,China's national
conditions and banking characteristics,this paper constructs the quality evaluation
system of ESG information disclosure of commercial banks;Next,the system is
applied to evaluate the quality of ESG information disclosure of bank y from 2018to
2020.The results show that the quality of ESG information disclosure of bank y is at a
"good"level,which matches its actual performance.However,based on the analysis
of the evaluation results of bank y,it is found that there are still some problems:
incomplete disclosure information,inconsistent disclosure content,less quantitative
information disclosure,insufficient reliability of disclosure and so on.On the one
hand,bank y has low ESG awareness,low enthusiasm for independent disclosure and
insufficient disclosure ability;On the other hand,it is due to the lack of external
reference ESG information disclosure standards,mandatory ESG information
disclosure system and regulatory service system.Finally,this paper puts forward
corresponding reference suggestions:first,we should speed up the formulation of a
unified reference ESG information disclosure standard;Second,banks need to
strengthen ESG information disclosure,including improving the awareness of ESG
information disclosure,improving the collection ability of quantitative data,
strengthening the training of ESG information disclosure talents,etc;Third,the
regulatory authorities need to introduce corresponding safeguard measures,including
mandatory ESG information disclosure system,effective ESG information disclosure
supervision and services,and strengthening the education of investors in the use of
ESG information.
Key words:Commercial banks;ESG;Quality of information disclosure;AHP-FCE
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