The Influence of Technological Innovation on ESG Performance in Electric Power Enterprises

Xupeng Wang (), Xinchen Deng () and Qing Xu ()
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Xupeng Wang: State Grid Energy Research Institute Co., LTD
Xinchen Deng: State Grid Energy Research Institute Co., LTD
Qing Xu: Integrated Service Center of State Grid Zhejiang Electric Power Co., Ltd.

A chapter in Proceedings of the 2025 5th International Conference on Informatization Economic Development and Management (IEDM 2025), 2025, pp 58-66 from Springer

Abstract: Abstract Based on 451 listed A-share and H-share power companies from 2009 to 2023, this study empirically examines the impact of technology innovation investment in power companies on their ESG performance. The research results indicate that increasing investment in technological research and development by enterprises is beneficial for improving the ESG performance of power companies, but there are differences among power companies of different energy types. The investment in technological innovation by new energy power companies has a greater promoting effect on the company’s ESG performance. Based on the research results, with the goal of improving the ESG performance of power companies of different energy types, this article proposes relevant suggestions for traditional energy power companies and new energy power companies to increase their investment in scientific and technological innovation.

Keywords: Technological innovation; ESG performance; New energy power enterprises (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-724-3_6

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DOI: 10.2991/978-94-6463-724-3_6

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