Can green technology innovation improve corporate environmental social governance performance?

Huayu He ()
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Huayu He: Sichuan Agricultural University

A chapter in Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023), 2023, pp 140-149 from Springer

Abstract: Abstract In the context of the strategic objectives of carbon peak and carbon neutrality, the ESG performance system has become one of the important indicators for enterprises to realize high-quality development. In the new development stage, whether green technological innovation can promote enterprises’ ESG performance deserves in-depth study. This paper utilizes the data of China’s A-share listed manufacturing companies from 2012 to 2022 to explore the impact of green technology innovation on ESG performance. The study finds that: inventive green technology innovation can promote ESG performance; product differentiation plays a part of the mediating effect in this driving process; heterogeneity analysis reveals that, in the development of enterprises in China’s central and western regions, the promotion effect of green technology innovation on corporate ESG performance is more significant. Therefore, the government should actively guide enterprises to enhance their investment in to help realize the high-quality economic and social development.

Keywords: green technology innovation; ESG performance; fixed-effects modeling (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-344-3_18

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DOI: 10.2991/978-94-6463-344-3_18

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