ESG performance and carbon emission intensity: examining the role of climate policy uncertainty and the digital economy in China’s dual-carbon era

In line with the Sustainable Development Goals (SDGs) proposed by the United Nations and the general direction of global green and low-carbon transformation, China has formulated a dual-carbon target. It aims to peak carbon dioxide emissions by 2030 and strive for carbon neutrality by 2060. Therefor...

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Main Authors: Shiyu Li, Xiangyuan Ao, Mengdie Zhang, Mingyue Pu
Format: Article
Language:English
Published: Frontiers Media S.A. 2025-01-01
Series:Frontiers in Environmental Science
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenvs.2024.1526681/full
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author Shiyu Li
Xiangyuan Ao
Mengdie Zhang
Mingyue Pu
Mingyue Pu
author_facet Shiyu Li
Xiangyuan Ao
Mengdie Zhang
Mingyue Pu
Mingyue Pu
author_sort Shiyu Li
collection DOAJ
description In line with the Sustainable Development Goals (SDGs) proposed by the United Nations and the general direction of global green and low-carbon transformation, China has formulated a dual-carbon target. It aims to peak carbon dioxide emissions by 2030 and strive for carbon neutrality by 2060. Therefore, carbon emission intensity (CEI) has gradually become a research focus. This study investigates the effect of ESG performance on CEI, and explores the moderating effect of climate policy uncertainty (CPU) and the digital economy (DE) on ESG performance and CEI. Provincial-level data in China from 2011 to 2020 was used under the panel data analysis method. The analysis reveals that ESG performance significantly alleviates CEI. In addition, CPU weakens the efficiency of ESG initiatives in decreasing CEI due to regulatory unpredictability, while the digital economy’s expansion, although innovative, may exacerbate CEI in regions dependent on fossil fuels. The study contributes to the literature by highlighting the need for integrated policies that harmonize digital growth with sustainability goals. Additionally, it underscores the significance of considering CPU and DE as critical moderating factors in ESG-CEI dynamics, offering insights for policymakers aiming to balance technological advancement with environmental responsibility.
format Article
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issn 2296-665X
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publisher Frontiers Media S.A.
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series Frontiers in Environmental Science
spelling doaj-art-89eb8817c1464c7199b79b6991e244fd2025-01-24T07:13:52ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2025-01-011210.3389/fenvs.2024.15266811526681ESG performance and carbon emission intensity: examining the role of climate policy uncertainty and the digital economy in China’s dual-carbon eraShiyu Li0Xiangyuan Ao1Mengdie Zhang2Mingyue Pu3Mingyue Pu4College of Business Administration, Xuzhou College of Industrial Technology, Xuzhou, ChinaSchool of Business and Economics, Universiti Putra Malaysia, Selangor, MalaysiaSchool of Economics, Sichuan University of Science and Engineering, Zigong, ChinaSchool of Accounting and Finance, Anhui Xinhua University, Hefei City, ChinaPostgraduate Center Management and Science University, Shah Alam, Selangor, MalaysiaIn line with the Sustainable Development Goals (SDGs) proposed by the United Nations and the general direction of global green and low-carbon transformation, China has formulated a dual-carbon target. It aims to peak carbon dioxide emissions by 2030 and strive for carbon neutrality by 2060. Therefore, carbon emission intensity (CEI) has gradually become a research focus. This study investigates the effect of ESG performance on CEI, and explores the moderating effect of climate policy uncertainty (CPU) and the digital economy (DE) on ESG performance and CEI. Provincial-level data in China from 2011 to 2020 was used under the panel data analysis method. The analysis reveals that ESG performance significantly alleviates CEI. In addition, CPU weakens the efficiency of ESG initiatives in decreasing CEI due to regulatory unpredictability, while the digital economy’s expansion, although innovative, may exacerbate CEI in regions dependent on fossil fuels. The study contributes to the literature by highlighting the need for integrated policies that harmonize digital growth with sustainability goals. Additionally, it underscores the significance of considering CPU and DE as critical moderating factors in ESG-CEI dynamics, offering insights for policymakers aiming to balance technological advancement with environmental responsibility.https://www.frontiersin.org/articles/10.3389/fenvs.2024.1526681/fullsustainable development goalsESG performancecarbon emission intensityclimate policy uncertaintydigital economy
spellingShingle Shiyu Li
Xiangyuan Ao
Mengdie Zhang
Mingyue Pu
Mingyue Pu
ESG performance and carbon emission intensity: examining the role of climate policy uncertainty and the digital economy in China’s dual-carbon era
Frontiers in Environmental Science
sustainable development goals
ESG performance
carbon emission intensity
climate policy uncertainty
digital economy
title ESG performance and carbon emission intensity: examining the role of climate policy uncertainty and the digital economy in China’s dual-carbon era
title_full ESG performance and carbon emission intensity: examining the role of climate policy uncertainty and the digital economy in China’s dual-carbon era
title_fullStr ESG performance and carbon emission intensity: examining the role of climate policy uncertainty and the digital economy in China’s dual-carbon era
title_full_unstemmed ESG performance and carbon emission intensity: examining the role of climate policy uncertainty and the digital economy in China’s dual-carbon era
title_short ESG performance and carbon emission intensity: examining the role of climate policy uncertainty and the digital economy in China’s dual-carbon era
title_sort esg performance and carbon emission intensity examining the role of climate policy uncertainty and the digital economy in china s dual carbon era
topic sustainable development goals
ESG performance
carbon emission intensity
climate policy uncertainty
digital economy
url https://www.frontiersin.org/articles/10.3389/fenvs.2024.1526681/full
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