Impact Mechanism and Effect of Low-carbon City Pilot on the Carbon Performance of Enterprise
Enterprises are the main contributors to carbon emissions,improving their carbon performance is an important focus for achieving the carbon peaking and carbon neutrality goals and promoting high-quality economic and social development.Based on the micro data of A-share listed companies from 2008 to 2021,this article constructs a multiphase difference-in-difference model to examine the impact mechanism and effect of low-carbon city pilot policy implementation on the carbon performance of enterprise.It's found that:1)The low-carbon city pilot policy significantly promoted the improvement of enterprise's carbon performance,with a marginal effect of 0.232.2)The low-carbon city pilot policy has a more prominent promoting effect on the carbon performance of state-owned enterprises,enterprises in the eastern region,and non-heavy polluting industries.3)The low-carbon city pilot policy promotes the carbon performance of enterprises through mechanisms such as improving their level of green technology innovation and promoting environmental information disclosure.The geographical location has produced a significant moderating effect between low-carbon city pilot policy and enterprise's carbon performance.In order to comprehensively promote the low-carbon transformation and carbon performance improvement of enterprises,it should further optimize environmental policies,encourage green technology innovation,strengthen environmental information disclosure,and balance regional and industry differences in policy implementation.
low-carbon city pilotcarbon performance of enterprisegreen technology innovationenvironmental information disclosuregeographical location
NETL
NSTL
万方数据
