How do energy input and carbon emission constraints affect the ESG performance of manufacturing enterprises? Evidence from China

Wang, Sen; Li, Jinye

doi:10.1016/j.sftr.2024.100318

Sustainable Futures

2024

DOI: 10.1016/j.sftr.2024.100318

|View full text |Cite

How do energy input and carbon emission constraints affect the ESG performance of manufacturing enterprises? Evidence from China

Sen Wang,

Jinye Li

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2024

Publication Types

Select...

Article1

Relationship

Self Cite0

Independent1

Authors

Journals

Cited by 1 publication

References 46 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

Green Response: The Impact of Climate Risk Exposure on ESG Performance

Tang,

Gao,

Zhou

2024

Sustainability

View full text Add to dashboard Cite

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

show abstract

Green Response: The Impact of Climate Risk Exposure on ESG Performance

Tang,

Gao,

Zhou

2024

Sustainability

View full text Add to dashboard Cite

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

How do energy input and carbon emission constraints affect the ESG performance of manufacturing enterprises? Evidence from China

Cited by 1 publication

References 46 publications

Green Response: The Impact of Climate Risk Exposure on ESG Performance

Green Response: The Impact of Climate Risk Exposure on ESG Performance

Contact Info

Product

Resources

About