在“双碳”背景下，以逐步推进可持续发展为出发点，本文对 2011-- 2021 年近 11 年共 30家上市钢铁公司进行系统研究，通过固定效应模型实证分析钢铁上市公司 ESG表现与公司财务绩效的关系。研究发现：良好的 ESG表现与企业财务绩效有着显著的正相关性，积极承担社会责任对钢铁企业财务绩效的影响程度最大。同时，本文还将股权性质、资产负债率、公司规模等因素作为控制变量，发现较高资产负债率不利于企业的财务绩效的提升。最后本文根据研究结 果并结合国内实际情况，从企业、国家、社会三个方面为财务绩效 的提高提出合理的对策建议，对推动国内 ESG研究发展有一定的意义。

Under the background of "dual carbon", taking the gradual promotion of sustainable development as the starting point, this paper conducts a systematic study on a total of 30 listed steel companies from 2011 to 2021, and empirically analyzes the relationship between ESG performance and corporate financial performance of listed steel companies through a fixed effects model. The results show that, excellent ESG performance is significantly positively correlated with corporate financial performance, and active commitment to social responsibility has the greatest impact on financial performance. At the same time, this paper also takes equity nature, asset-liability ratio, company size and other factors as control variables, and finds that a higher asset-liability ratio is not conducive to the improvement of the financial performance of enterprises. Finally, based on the research findings and in conjunction with the actual domestic situation, this paper proposes rational countermeasures and suggestions for the improvement of financial performance from the perspectives of enterprises, the state, and society. These recommendations hold significant meaning for promoting the development of ESG research within the country.