{"title":"化石燃料转型的私营企业解决方案:环境、社会和公司治理以及碳报告的作用","authors":"Mo Bai , Weixuan Wang , Zhigang Li","doi":"10.1016/j.resourpol.2024.105407","DOIUrl":null,"url":null,"abstract":"<div><div>This paper analyzes the impact of ESG (Environmental, Social, and Governance) investment on China's transition from fossil fuels between 1990 and 2020 using the ARDL approach. The findings indicate that a 1% rise in ESG investment correlates with a 0.18% increase in the fossil fuels transition index in the short term and 0.36% in the long term, facilitating cleaner technologies and lowering CO2 emissions. Additionally, the development of small and medium-sized enterprises (SMEs) enhances the transition index through the adoption of eco-friendly technologies. Conversely, a 1% growth in industrial production or export volume negatively impacts the index, reflecting increased fossil fuel dependency. Furthermore, GDP per capita adversely affects the transition, revealing a higher demand for fossil fuel-dependent goods. Policy suggestions include enhancing ESG reporting and auditing, fostering a strong green finance sector, promoting environmental rankings, and increasing public awareness through media and education.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105407"},"PeriodicalIF":10.2000,"publicationDate":"2024-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Private enterprises solution for fossil fuels transition: Role of ESG and carbon reporting\",\"authors\":\"Mo Bai , Weixuan Wang , Zhigang Li\",\"doi\":\"10.1016/j.resourpol.2024.105407\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This paper analyzes the impact of ESG (Environmental, Social, and Governance) investment on China's transition from fossil fuels between 1990 and 2020 using the ARDL approach. The findings indicate that a 1% rise in ESG investment correlates with a 0.18% increase in the fossil fuels transition index in the short term and 0.36% in the long term, facilitating cleaner technologies and lowering CO2 emissions. Additionally, the development of small and medium-sized enterprises (SMEs) enhances the transition index through the adoption of eco-friendly technologies. Conversely, a 1% growth in industrial production or export volume negatively impacts the index, reflecting increased fossil fuel dependency. Furthermore, GDP per capita adversely affects the transition, revealing a higher demand for fossil fuel-dependent goods. Policy suggestions include enhancing ESG reporting and auditing, fostering a strong green finance sector, promoting environmental rankings, and increasing public awareness through media and education.</div></div>\",\"PeriodicalId\":20970,\"journal\":{\"name\":\"Resources Policy\",\"volume\":\"99 \",\"pages\":\"Article 105407\"},\"PeriodicalIF\":10.2000,\"publicationDate\":\"2024-11-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Resources Policy\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0301420724007748\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"0\",\"JCRName\":\"ENVIRONMENTAL STUDIES\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Resources Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0301420724007748","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"0","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
引用次数: 0
摘要
本文采用ARDL方法分析了1990年至2020年间ESG(环境、社会和治理)投资对中国化石燃料转型的影响。研究结果表明,环境、社会和治理投资每增加 1%,化石燃料转型指数就会在短期内增加 0.18%,在长期内增加 0.36%,从而促进清洁技术的发展,降低二氧化碳排放。此外,中小型企业(SMEs)的发展也会通过采用生态友好型技术提高转型指数。相反,工业生产或出口量每增长 1%,就会对该指数产生负面影响,反映出对化石燃料的依赖性增加。此外,人均 GDP 也会对转型指数产生负面影响,表明对依赖化石燃料的商品需求增加。政策建议包括:加强环境、社会和公司治理报告和审计,培育强大的绿色金融部门,推广环境排名,以及通过媒体和教育提高公众意识。
Private enterprises solution for fossil fuels transition: Role of ESG and carbon reporting
This paper analyzes the impact of ESG (Environmental, Social, and Governance) investment on China's transition from fossil fuels between 1990 and 2020 using the ARDL approach. The findings indicate that a 1% rise in ESG investment correlates with a 0.18% increase in the fossil fuels transition index in the short term and 0.36% in the long term, facilitating cleaner technologies and lowering CO2 emissions. Additionally, the development of small and medium-sized enterprises (SMEs) enhances the transition index through the adoption of eco-friendly technologies. Conversely, a 1% growth in industrial production or export volume negatively impacts the index, reflecting increased fossil fuel dependency. Furthermore, GDP per capita adversely affects the transition, revealing a higher demand for fossil fuel-dependent goods. Policy suggestions include enhancing ESG reporting and auditing, fostering a strong green finance sector, promoting environmental rankings, and increasing public awareness through media and education.
期刊介绍:
Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.