IDEAS home Printed from https://ideas.repec.org/a/eee/eneeco/v131y2024ics0140988324000586.html
   My bibliography  Save this article

Third-party environmental information disclosure and firms' carbon emissions

Author

Listed:
  • Ren, Shenggang
  • Wu, Yanping
  • Zhao, Li
  • Du, Lei

Abstract

Third-party environmental information disclosure (TPEID) is an important environmental management tool that promotes public participation and strengthens social supervision, but whether it can affect carbon emission abatement is a question worth exploring. Using China's Pollution Information Transparency Index (PITI) project as a quasi-natural experiment, we provide a comprehensive assessment of the effects of TPEID on firms' carbon emissions via a difference-in-differences (DID) approach. We present unambiguous evidence that TPEID is effective in reducing firms' carbon emissions. The impact channel analysis shows that firms achieve carbon emission abatement mainly by adjusting their energy structures and improving energy efficiency. Further analysis shows that TPEID has a more significant effect on reducing firms' carbon emissions in regions featuring higher levels of public environmental concern, governmental environmental regulation, and internet development. In addition, TPEID significantly improves firms' output, achieving a “win-win” situation for environmental and economic performance.

Suggested Citation

  • Ren, Shenggang & Wu, Yanping & Zhao, Li & Du, Lei, 2024. "Third-party environmental information disclosure and firms' carbon emissions," Energy Economics, Elsevier, vol. 131(C).
    • Handle: RePEc:eee:eneeco:v:131:y:2024:i:c:s0140988324000586
    DOI: 10.1016/j.eneco.2024.107350
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0140988324000586
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.eneco.2024.107350?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:131:y:2024:i:c:s0140988324000586. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eneco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.