ESG Evaluation in Automobile Industry --Take Ford Motor Company and Tesla Company as Example

Abstract

With the outbreak of natural disasters and extreme weather, people are paying more and more attention to protecting the environment and society. This society is gradually de-manding more and more from companies. In this context, the new concept of ESG has emerged under the call of the United Nations. This article details MSCI's ESG scoring sys-tem and what it covers. Through the ESC scoring system of MSCI, this paper analyzes Ford Motor Company, represented by gasoline cars, and Tesla Company, represented by electric cars, to reflect the current development of environment, society, and governance in the American automobile industry. We found that the overall ESG development of the American automotive industry still needs to be improved. Companies should also strength-en the development of management social aspects and corporate governance while consid-ering the development of environmentally friendly products.