Abstract: Taking Shanghai and Shenzhen A-share listed companies as the sample and with carrying out the inter-provincial classification according to the place of ownership of the enterprises,this paper used the Peking University Digital Provincial Inclusive Financial Index and CESI ESG rating data from 2011 to 2020 to study the impact of digital financial inclusion on the ESG performance of Shanghai and Shenzhen A-share listed companies using a two-way fixed-effect model.The research results showed that digital financial inclusion had a significant positive effect on the ESG performance of Shanghai and Shenzhen A-share listed companies.In order to ensure the robustness of the empirical results,the core variables were replaced and the lag was tested.Based on the empirical conclusions,it proposed the impact of digital financial inclusion on enterprise development.