Scholarlink

<p>ESG is an acronym for Environmental, Social, and Governance, referring to the three key dimensions of corporate sustainability performance. To tackle solid waste challenges and promote corporate sustainability, China launched a pilot for “zero-waste cities” in 2019. Using panel data of 1375 companies, this paper examines the policy’s impact on corporate ESG performance. The findings reveal that the policy enhances corporate ESG performance. The ESG scores of enterprises in pilot areas are approximately 0.14 points higher than those of enterprises in non-pilot areas, demonstrating a moderate policy impact. Mechanism tests indicate that the policy improves corporate ESG performance by promoting environmental governance and green technology innovation. Notably, the effect is more pronounced in non-state-owned enterprises and highly polluting industries. These conclusions offer valuable insights for strengthening corporate ESG practices and promoting sustainable development.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Impact assessment of zero waste initiatives on corporate ESG performance

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2026年6月29日

查看全文
  • Lianying Fu,
  • Fan Liu

摘要

ESG is an acronym for Environmental, Social, and Governance, referring to the three key dimensions of corporate sustainability performance. To tackle solid waste challenges and promote corporate sustainability, China launched a pilot for “zero-waste cities” in 2019. Using panel data of 1375 companies, this paper examines the policy’s impact on corporate ESG performance. The findings reveal that the policy enhances corporate ESG performance. The ESG scores of enterprises in pilot areas are approximately 0.14 points higher than those of enterprises in non-pilot areas, demonstrating a moderate policy impact. Mechanism tests indicate that the policy improves corporate ESG performance by promoting environmental governance and green technology innovation. Notably, the effect is more pronounced in non-state-owned enterprises and highly polluting industries. These conclusions offer valuable insights for strengthening corporate ESG practices and promoting sustainable development.