The Impact of Green Finance on Corporate Carbon Productivity
Taking China Great Wall Technology Group Co., Ltd. as an Example
DOI:
https://doi.org/10.62051/ijsspa.v2n3.49Keywords:
Green Finance Policy, Carbon Productivity, Emission Reduction Measures, Carbon Information DisclosureAbstract
With the transformation of China's economy from high-speed growth to high-quality development, the extensive development mode that relied on a large amount of resource investment in the past has become unsustainable, promoting the green transformation of high polluting enterprises to become a necessary path for sustainable economic development. This article takes the carbon dioxide emissions and implementation of green finance policies of China Great Wall Technology Group Co., Ltd. from 2011 to 2020 as the research sample, and empirically analyzes the impact of the release and implementation of green finance policies on the carbon emissions of enterprises. Research has shown that the implementation of green finance policies has a significant positive promoting effect on corporate carbon emissions reduction, that is, the release and implementation of green finance policies can help reduce corporate carbon emissions. Based on empirical research, policy recommendations were ultimately proposed to facilitate the effective implementation of green finance policies.
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