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

The Impact of Carbon Information Disclosure Quality on Enterprise Value: Evidence from Chinese Listed Companies DOI Open Access
Li Huang,

X. B. Ji,

Tingting Niu

et al.

Sustainability, Journal Year: 2025, Volume and Issue: 17(2), P. 402 - 402

Published: Jan. 7, 2025

In the context of increasing carbon emissions and strengthening regulatory measures, an number stakeholders are paying more attention to corporate information. To further explore relationship between quality information disclosure enterprise value, this study uses a sample companies listed on Shanghai Shenzhen stock exchanges from 2013 2021. The aim is investigate link while also analyzing role green innovation in relationship. empirical results show that can significantly enhance with playing mediating effect. After robustness checks, including replacing measurement variables addressing endogeneity issues, conclusions remain valid. Further analysis reveals effect enhancing value pronounced non-high-pollution industries, non-state-owned enterprises, firms located eastern regions. This provides valuable insights for future policy optimization related promotion low-carbon development enterprises.

Language: Английский

Citations

0

The impacts of China’s sustainable financing policy on environmental, social and corporate governance (ESG) performance DOI
Haoyu Li, Xing Gao,

Xingman Zhang

et al.

Environment Development and Sustainability, Journal Year: 2025, Volume and Issue: unknown

Published: March 16, 2025

Language: Английский

Citations

0

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