The Impact of ESG Information Disclosure Mechanism on the Green Development of China's Banking Industry : -- Micro Data from China's Four Major Banks

Fangyuan Wu; Ruoying Wu; Yijie Tao; Yi Chen

doi:10.54097/jid.v3i1.8427

Authors

Fangyuan Wu
Ruoying Wu
Yijie Tao
Yi Chen

DOI:

https://doi.org/10.54097/jid.v3i1.8427

Keywords:

ESG Information Disclosure, Chinese Banking, Green Finance, Carbon Peaking and Carbon Neutrality Goals

Abstract

Practice ESG information disclosure is of great significance to promote green development of China's banking industry and achieve our country's double carbon goal. Firstly, based on the realistic background of the steady progress of ESG information disclosure and the green development of China's banking industry, the paper systematically combs the mechanism of the influence of ESG information disclosure on the green development of China's banking industry. Then, through correlation analysis, multiple linear regression analysis, structural equation model and other data analysis methods, explore the influence factors of ESG information disclosure on the green development of the four banks and their influence strength. Finally, it puts forward some feasible suggestions based on the research results and the actual situation to help our country achieve the Carbon peaking and carbon neutrality goals.

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References

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Guideline on Accelerating the Establishment and Improvement of Green, Low-carbon and Circular Economic Development.

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