A low carbon economy gives a new connotation to enterprise value and developing carbon assets is an effective way to enhance enterprise low carbon value. Using the theory of stakeholders, sustainable development and value chain, and taking the low carbon practice of Toyota Motor Company as the research object, this paper explores and constructs the value creation mechanism of carbon assets using a single case study method. There is a positive interaction between carbon assets and enterprise value creation. The low-carbon value creation of enterprises should first balance the stakeholders' carbon assets to meet stakeholders' low-carbon requirements, thus providing the necessary conditions for enterprises' low-carbon value creation. Carbon assets can be fully and effectively developed using a low-carbon value chain. Value-addition and value realization in low-carbon basic value activities and auxiliary value activities can create long-term and synergistic economic value and environmental value for enterprises and promote sustainable development.

中文翻译：

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通过碳资产实现汽车行业可持续发展的价值创造机制

低碳经济赋予企业价值新内涵，开发碳资产是提升企业低碳价值的有效途径。本文运用利益相关者理论、可持续发展理论和价值链理论，以丰田汽车公司的低碳实践为研究对象，采用单一案例研究的方法，探索和构建碳资产的价值创造机制。碳资产与企业价值创造之间存在正向交互作用。企业的低碳价值创造首先要平衡利益相关者的碳资产，满足利益相关者的低碳需求，从而为企业低碳价值创造提供必要条件。利用低碳价值链，可以充分有效地开发碳资产。