金融学院知识库

  2023年全国生态环境保护大会在北京召开，会议内容指出在高速发展经济的同时，更要深入打好污染防治攻坚战，实现绿色可持续的发展。地球是我们赖以生存的家园，尊重自然，顺应自然，保护自然，事关新时代现代化事业全局的成败，我们要清醒认识到：保护环境，就是保护我们自己。当前大气和水资源污染治理初见成效，重污染雾霾天气和发黑的水质现象少之又少，但是与“蓝天、碧水、净土”的目标相差甚远，还有很长的一段路要走，需要我们所有人的共同努力。在当前的时代背景下，我们每个公民都应该树立环保意识，我国上市公司更要统筹产业结构调整，贯彻落实国家绿色信贷政策，将污染治理和生态保护当成公司发展第一要义，协同推进降碳、减污、扩绿、增长，进一步提高企业的环境绩效，最终实现绿色低碳、高质量、可持续的发展。  
  环境治理成效与金融理念、可持续发展的状态息息相关，基于此，将上述两种理论作为入手点，研究绿色信贷是否与企业环境绩效有关，同时引入绿色技术创新这一概念得出相关理论，并且通过中介效应机制检验其存在的合理性。最后将所选取样本观测值的上市企业以产权和区域两性质进行分组讨论，进一步研究绿色信贷对环境绩效的影响。
  本文研究目标是2012至2021十年区间沪深A股的上市公司，以理论和实证分析相结合得出以下四条结论：第一，假设其他条件不变，绿色信贷促使企业环境绩效提升；第二，绿色信贷通过提高绿色技术创新能力来提升企业环境绩效；第三，在非国有企业中，绿色信贷对环境绩效的提升更加明显；第四，相比经济稍落后的中西部地区，绿色信贷在东部地区对环境绩效的提升效果更加明显。最后，根据结论提出相应的建议：政府和银行需要持续加大绿色信贷的实施力度，对非国有和中西部的企业需要给予更多的关注和扶持，同时企业在制定发展战略时应主动将环境目标纳入长期规划，实现可持续发展，最终达到环境效益与经营效益的双赢。

  The successful convening of the 2022 National Conference on Ecological Environmental Protection, the content of the meeting pointed out that in the high-speed development of the economy at the same time, it is more important to fight the battle of pollution prevention and control in depth, to achieve a healthy and sustainable development. The earth is our home for survival, respect for nature, adapt to nature, protect nature, the success or failure of the modernisation cause of the new era of the whole situation, we need to soberly understand: to protect the environment is to protect ourselves. At present, the atmosphere and water pollution control has begun to bear fruit, heavy pollution haze weather and black water quality phenomenon is rare, but with the "blue sky, blue water, clean land" goal is far away, there is still a long way to go, and need the joint efforts of all of us. In the current era, each of our citizens should set up environmental protection awareness, China's listed companies should co-ordinate industrial structure adjustment, implement the national green credit policy, pollution control and ecological protection as the first priority of the company's development, and concertedly promote the carbon reduction, pollution reduction, expansion of green, growth, and further improve the environmental performance of enterprises, and ultimately to achieve green low-carbon, high-quality, sustainable development.

  The effectiveness of environmental governance is closely related to the financial concept and the state of sustainable development, based on this, the above two theories are used as a starting point to study whether green credit is related to corporate environmental performance, while the concept of green technology innovation is introduced to derive the relevant theories and to test the reasonableness of their existence through the mechanism of mediating effect. Finally, the listed enterprises in the selected sample observations are grouped by property rights and regions to further study the impact of green credit on environmental performance.

  The target of this paper is the listed companies in Shanghai and Shenzhen A-shares during the ten-year period from 2012 to 2021, and the combination of theoretical and empirical analyses leads to the following four conclusions: first, assuming that all other conditions remain unchanged, green credit contributes to the enhancement of corporate environmental performance; second, green credit enhances corporate environmental performance by improving the innovation capacity of green technology; third, the enhancement of environmental performance by green credit is more obvious in the case of non-state-owned enterprises; fourth, compared with the slightly backward economy in the central and western regions, the enhancement effect of green credit is more obvious in the eastern region. is more obvious; fourth, compared with the central and western regions where the economy is a little backward, the effect of green credit on environmental performance is more obvious in the eastern region. Finally, according to the conclusions, corresponding suggestions are made: the government and banks need to continue to strengthen and promote the implementation of green credit, and give more attention and support to non-state-owned and central and western enterprises; at the same time, enterprises should take the initiative to incorporate the environmental objectives into long-term planning when formulating their development strategies, so as to realise sustainable development, and ultimately to achieve win-win situations in terms of environmental benefits and operational benefits.