Green Response: The Impact of Climate Risk Exposure on ESG Performance DOI Open Access
Yin Tang, Da Gao,

Xuemei Zhou

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(24), P. 10895 - 10895

Published: Dec. 12, 2024

Climate risk’s effects on society and economic development are becoming more pronounced, enterprises have to seize the opportunity for green transformation. Based public company data from 2011 2022, this study explores causal relationship between climate risk exposure (CRE) ESG performance by using a two-way fixed effect mode. The results indicate that CRE significantly enhances firms’ performance, which makes improvements in environmental practices. impact of promotion is particularly pronounced state-owned low-polluting businesses. In addition, it can improve through potential channels, such as employing executives, improving protection, boosting innovation. Meanwhile, digital level financing constraints play an effective moderating role. Further discussion shows increase has prompted firms fulfill responsibilities reduce carbon emissions. This provides new quantitative evidence how respond risk, expanding existing research performance. It further examines specific path companies’ transformation firm-level insights policymakers address change. These enrich theoretical system management help strengthen awareness cope with sustainable development.

Language: Английский

Historic preservation and firms’ green innovation: evidence from China DOI
Fan Zhang, Yue Yuan

Applied Economics Letters, Journal Year: 2025, Volume and Issue: unknown, P. 1 - 5

Published: March 23, 2025

Language: Английский

Citations

0
Energy-use Rights Trading, Technological Innovation, and Green Transformation of Energy-intensive Manufacturing Enterprises DOI
Weijie Zhang, Bowen Li

Economic Analysis and Policy, Journal Year: 2025, Volume and Issue: unknown

Published: March 1, 2025

Language: Английский

Citations

0
Facilitating or inhibiting? The impact of climate policy uncertainty on enterprises' ESG performance in China DOI
Qiuying Han,

Gao Hong-ying

Economic Analysis and Policy, Journal Year: 2025, Volume and Issue: unknown

Published: April 1, 2025

Language: Английский

Citations

0
Leading Sustainability: The Impact of Executives’ Environmental Background on the Enterprise’s ESG Performance DOI Open Access

Qian Zhang,

Linfang Tan, Da Gao

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(16), P. 6952 - 6952

Published: Aug. 14, 2024

Improving corporate ESG performance is regarded as a useful means to promote low-carbon transformation. Based on executive echelon theory, this study uses textual analysis identify the executives’ environmental background characteristics and explores impact company’s performance, using data China’s A-share listed companies from 2009 2021. The empirical results show that (1) of executives has positive enterprise’s series robustness tests reconfirm finding. (2) mediating effect model shows can trigger investment green innovation effect, improving performance. (3) heterogeneity firm’s more sensitive in non-state-owned heavily polluting enterprises. (4) also economic achieve dual goals “environment + economy”. conclusions provide theoretical basis practical enlightenment for government formulate policies.

Language: Английский

Citations

3
Unlocking Green Patterns: The Local and Spatial Impacts of Green Finance on Urban Green Total Factor Productivity DOI Open Access

Jiyou Xiang,

Linfang Tan, Da Gao

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(18), P. 8005 - 8005

Published: Sept. 13, 2024

The urgency of global climate change and environmental degradation has become increasingly apparent, green finance, as a pioneering financial tool, is providing critical support to unlock regional patterns. Based on the data China’s prefecture level from 2010 2021, this study examines causal relationship mechanism finance (GF) urban total factor productivity (GTFP) using spatial Durbin model. results show following: (1) Green can not only improve local GTFP, but also spillover effect, it still valid after robustness test, which means that development GF significantly promote transformation. (2) effect are more obvious in coastal developed areas. (3) After deconstructing transformation, paper finds improving energy utilization efficiency, mitigating capital mismatch degree, enhancing new quality important impact channels for enhance GTFP. These conclusions provide theoretical reference help with construction high-quality “Double Cycle” pattern, low-carbon This application value provides experience other developing countries seek transformation perspective practice.

Language: Английский

Citations

1
Green Response: The Impact of Climate Risk Exposure on ESG Performance DOI Open Access
Yin Tang, Da Gao,

Xuemei Zhou

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(24), P. 10895 - 10895

Published: Dec. 12, 2024

Climate risk’s effects on society and economic development are becoming more pronounced, enterprises have to seize the opportunity for green transformation. Based public company data from 2011 2022, this study explores causal relationship between climate risk exposure (CRE) ESG performance by using a two-way fixed effect mode. The results indicate that CRE significantly enhances firms’ performance, which makes improvements in environmental practices. impact of promotion is particularly pronounced state-owned low-polluting businesses. In addition, it can improve through potential channels, such as employing executives, improving protection, boosting innovation. Meanwhile, digital level financing constraints play an effective moderating role. Further discussion shows increase has prompted firms fulfill responsibilities reduce carbon emissions. This provides new quantitative evidence how respond risk, expanding existing research performance. It further examines specific path companies’ transformation firm-level insights policymakers address change. These enrich theoretical system management help strengthen awareness cope with sustainable development.

Language: Английский

Citations

0