江西财经大学学报 ›› 2025, Vol. 0 ›› Issue (5): 23-34.

• 经济管理 • 上一篇    下一篇

公众环境关注、绿色技术创新与企业ESG表现

罗鉴1, 肖芳2   

  1. 1.华东交通大学 经济管理学院, 江西 南昌 330013;
    2.西南财经大学 统计与数据科学学院, 四川 成都 611130
  • 收稿日期:2024-10-07 出版日期:2025-09-25 发布日期:2025-11-04
  • 通讯作者: 肖芳,西南财经大学博士研究生,主要从事技术创新研究,联系方式1253563535@qq.com。
  • 作者简介:罗鉴,华东交通大学副教授,博士,主要从事宏观经济分析研究。
  • 基金资助:
    国家社会科学基金重大项目“国家创新体系整体效能的统计测度研究”(24&ZD069); 国家社会科学基金青年项目“金融强国建设目标下区域金融风险实时测度、动态溢出及分级预警研究”(24CTJ016)

Public Environmental Concerns, Green Technology Innovation and Corporate ESG Performance

Luo Jian1, Xiao Fang2   

  1. 1. East China Jiaotong University, Nanchang 330013;
    2. Southwestern University of Finance and Economics, Chengdu 611130, China
  • Received:2024-10-07 Online:2025-09-25 Published:2025-11-04

摘要: 在可持续发展成为全球共识的背景下,探究公众环境关注如何通过绿色技术创新影响企业ESG表现,对推动企业绿色转型和实现经济与环境协调发展具有重要意义。利用2011—2021年沪深A股上市公司ESG评级数据与各省份的环境关键词百度指数数据,基于绿色技术创新视角,考察公众环境关注对企业ESG表现的作用及其影响机制。研究发现:第一,公众环境关注能显著促进企业ESG表现,绿色技术创新在两者之间发挥中介作用,政府干预在两者之间发挥正向调节作用。第二,公众环境关注具有溢出效应,其他省份的公众环境关注也能显著提升本地企业的ESG表现。第三,低ESG表现的企业、国有企业、非重污染行业企业、高科技企业以及位于第二产业占比低、市场竞争程度较小、商业环境良好地区的企业,公众环境关注对企业ESG表现的提升作用更强。因此,建议强化公众环境关注的政策引导,推动绿色技术创新,优化政府干预并加强区域协同治理,以推动企业ESG表现进一步提升。

关键词: 公众环境关注, ESG表现, 绿色技术创新, 政府干预

Abstract: In the context of sustainable development becoming a global consensus, exploring how public environmental concerns affect corporate ESG performance through green technology innovation is of great significance for promoting corporate green transformation and achieving coordinated economic and environmental development. Using the ESG rating data of A-share listed companies in Shanghai and Shenzhen stock exchanges from 2011 to 2021 and the environmental keyword Baidu index data of various provinces, this paper examines the role of public environmental concern on enterprise ESG performance and its impact mechanism from the the perspective of green technology innovation. The findings show: Firstly, public environmental attention can significantly promote corporate ESG performance, green technology innovation plays a mediating role between the two, and government intervention plays a positive moderating role between the two. Secondly, public environmental attention has spillover effects, and public environmental attention in other provinces can also significantly improve the ESG performance of local enterprises. Thirdly, such enterprises as that with lower ESG performance, the state-owned enterprises, the non heavy polluting industry enterprises, the high-tech enterprises, and the enterprises that located in areas with low proportion of the secondary industry, low market competition, and good business environment, have a stronger effect of public environmental attention on improving their ESG performance. Therefore, it is recommended to strengthen policy guidance on public environmental concerns, promote green technology innovation, optimize government intervention, and enhance regional collaborative governance, so as to further improve corporate ESG performance.

Key words: public environmental concerns, ESG performance, green technology innovation, government intervention

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