@article{ART003201987},
author={Jintong Liu and Jaeyeon Sim},
title={The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -},
journal={Industry Promotion Research},
issn={2466-1139},
year={2025},
volume={10},
number={2},
pages={353-365},
doi={10.21186/IPR.2025.10.2.353}
TY - JOUR
AU - Jintong Liu
AU - Jaeyeon Sim
TI - The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -
JO - Industry Promotion Research
PY - 2025
VL - 10
IS - 2
PB - Industrial Promotion Institute
SP - 353
EP - 365
SN - 2466-1139
AB - As global climate change intensifies, green and low-carbon development has become an international consensus. The manufacturing sector, as a major energy consumer and carbon emitter, plays a critical role in sustainable regional development through its ESG (Environmental, Social, and Governance) performance. This study examines 43 listed manufacturing companies in Tianjin from 2018 to 2023, constructs a green and low-carbon development index system using the entropy weight method, and empirically tests the impact of ESG performance on Tianjin’s green and low-carbon development. The moderating effects of digital transformation and executive compensation are also explored. Key findings include: (1) Manufacturing ESG performance significantly promotes green and low-carbon development in Tianjin, with more pronounced effects in Non-State-Owned Enterprises (NSOEs) and small-to-medium-sized enterprises (SMEs); (2) All three ESG dimensions—environmental (E), social (S), and governance (G)—positively influence green and low-carbon development; (3) Digital transformation and executive compensation strengthen ESG’s positive impact by optimizing resource allocation and incentivizing managerial behavior. This study provides theoretical insights for policymakers and corporate ESG practices.
KW - ESG Performance;Green and Low-Carbon;Digital Transformation;Executive Compensation;Manufacturing
DO - 10.21186/IPR.2025.10.2.353
ER -
Jintong Liu and Jaeyeon Sim. (2025). The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -. Industry Promotion Research, 10(2), 353-365.
Jintong Liu and Jaeyeon Sim. 2025, "The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -", Industry Promotion Research, vol.10, no.2 pp.353-365. Available from: doi:10.21186/IPR.2025.10.2.353
Jintong Liu, Jaeyeon Sim "The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -" Industry Promotion Research 10.2 pp.353-365 (2025) : 353.
Jintong Liu, Jaeyeon Sim. The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -. 2025; 10(2), 353-365. Available from: doi:10.21186/IPR.2025.10.2.353
Jintong Liu and Jaeyeon Sim. "The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -" Industry Promotion Research 10, no.2 (2025) : 353-365.doi: 10.21186/IPR.2025.10.2.353
Jintong Liu; Jaeyeon Sim. The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -. Industry Promotion Research, 10(2), 353-365. doi: 10.21186/IPR.2025.10.2.353
Jintong Liu; Jaeyeon Sim. The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -. Industry Promotion Research. 2025; 10(2) 353-365. doi: 10.21186/IPR.2025.10.2.353
Jintong Liu, Jaeyeon Sim. The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -. 2025; 10(2), 353-365. Available from: doi:10.21186/IPR.2025.10.2.353
Jintong Liu and Jaeyeon Sim. "The Impact of ESG Performance in Manufacturing on Eco-Friendly and Low Carbon Development – Focusing on Listed Companies in Tianjin, China -" Industry Promotion Research 10, no.2 (2025) : 353-365.doi: 10.21186/IPR.2025.10.2.353
