气候风险、供应链传导与中游企业ESG绩效
Climate Risks, Supply Chain Spillovers, and ESG Performance of Midstream Enterprises
DOI: 10.12677/mse.2026.153057, PDF,    科研立项经费支持
作者: 郑钰琳：扬州大学商学院，江苏 扬州
关键词: 气候风险；供应链；ESG；Climate Risk； Supply Chain； ESG
摘要: 文章发现，下游企业的气候风险对中游企业的ESG表现水平有显著促进作用，上游气候风险对中游企业ESG绩效的影响相对有限，上下游气候风险的供应链溢出效应呈现出非对称性特征。下游企业通过绿色意识、绿色技术溢出推动了中游企业ESG表现水平的提高。进一步分析发现，下游客户的气候风险对中游企业ESG分项中的环境维度(E)提升作用明显，而对社会维度(S)和公司治理维度(G)的提升作用不显著。对于处于非高壁垒行业的中游企业，以及当客户为非重污染企业时，下游气候风险的促进作用更为明显。研究为理解企业ESG表现的外部驱动因素提供了新的供应链视角。
Abstract: This study finds that climate risk faced by downstream enterprises significantly promotes the ESG performance of midstream enterprises, whereas the impact of upstream climate risk on the ESG performance of midstream enterprises is relatively limited. The supply chain spillover effects of climate risk exhibit asymmetric characteristics. Downstream enterprises enhance the ESG performance of midstream enterprises through green awareness and green technology spillovers. Further analysis reveals that climate risk faced by downstream customers significantly improves the environmental dimension (E) of ESG performance in midstream enterprises, but does not significantly enhance the social dimension (S) or governance dimension (G). When midstream enterprises operate in industries with low barriers to entry, the climate risk faced by downstream customers has a more pronounced effect on improving their ESG performance. Additionally, climate risk from non-heavy-polluting customer enterprises significantly enhances the ESG performance of midstream enterprises. This study provides a new research perspective and empirical evidence on the factors influencing corporate ESG performance.
文章引用：郑钰琳. 气候风险、供应链传导与中游企业ESG绩效[J]. 管理科学与工程, 2026, 15(3): 585-598. https://doi.org/10.12677/mse.2026.153057

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