Sustainability,
Год журнала:
2024,
Номер
16(24), С. 10895 - 10895
Опубликована: Дек. 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.
Emerging Markets Finance and Trade,
Год журнала:
2025,
Номер
unknown, С. 1 - 14
Опубликована: Янв. 15, 2025
Green
innovation
is
a
crucial
strategy
for
addressing
climate
risks,
yet
such
risks'
impacts
on
firms'
green
remains
complex
and
critical
issue.
Using
sample
of
A-share
listed
companies
in
China,
this
research
finds
that
risk
significantly
inhibits
by
increasing
their
operating
costs,
worsening
financial
situations,
lowering
capital
allocated
to
R&D.
This
inhibitory
effect
more
pronounced
firms
located
typhoon-prone,
flood-prone,
low
temperature
severe
cold
areas.
Moreover,
risks
substantially
suppress
private
enterprises,
with
limited
government
subsidies,
within
nonpolluting
industries.
Further
demonstrates
environmental,
social,
governance
factors
positively
moderate
the
relationship
between
innovation.
These
findings
deepen
our
understanding
how
decision-making,
highlight
importance
corporate
social
responsibility,
provide
practical
guidance
sustainable
development
adaptation.
Managerial and Decision Economics,
Год журнала:
2025,
Номер
unknown
Опубликована: Март 18, 2025
ABSTRACT
This
study
examines
the
impact
of
climate
policy
uncertainty
(CPU)
on
banks'
loan
loss
provisions.
Using
a
sample
63
listed
commercial
banks
in
China
from
2007
to
2022,
we
find
that
CPU
significantly
increases
Banks
with
higher
financial
risk
and
greater
exposure
tend
increase
their
provisions
response
CPU.
effect
is
less
pronounced
for
degree
digital
transformation,
better
ESG
performance,
green
commitment,
disclosing
more
substantial
information.
Our
findings
provide
empirical
evidence
importance
reducing
by
government
regulators
management
perspective.
