实质性行动:意大利企业对气候政策不确定性的ESG反应
Shan Huang1, Matteo Foglia2, Vincenzo Pacelli3
1College of Management and Economics, Tianjin University, China.
Journal of environmental management
|November 12, 2025
概括
气候政策的不确定性 (CPU) 促使意大利企业提高环境,社会和治理 (ESG) 绩效,减少排放. 然而,小型企业在实现这些ESG改进方面面临着挑战.
科学领域:
- 环境经济学环境经济学
- 企业的可持续性 企业的可持续发展
- 气候政策分析 气候政策分析
背景情况:
- 全球气候压力需要更严格的政策,但气候政策的不确定性 (CPU) 对低碳转型构成风险.
- 意大利分散的气候治理与其强有力的企业环境,社会和治理 (ESG) 问责制形成鲜明对比.
研究的目的:
- 调查气候政策不确定性 (CPU) 对意大利企业ESG行为的影响.
- 为了确定企业对CPU的ESG反应是实质性的还是象征性的.
主要方法:
- 分析了来自意大利255家上市公司的面板数据,涵盖20102023.
- 与CPU指标相关的ESG绩效指标和排放数据的定量评估.
主要成果:
- 气候政策不确定性 (CPU) 与企业ESG绩效的显著改善有关.
- 可测量的碳和污染物排放减少表明了实质性的企业级反应.
- 由于资源限制,中小企业 (SMEs) 的改善较小.
结论:
- 公司通过提高ESG绩效来实质性地应对气候政策不确定性 (CPU).
- 政策干预应考虑对不同规模的企业 (如中小企业) 的不同影响.
- 调查结果为决策者提供了关于气候治理设计的信息,并为企业提供了导航过渡机会的信息.
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