IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v334y2025ics0360544225031743.html
   My bibliography  Save this article

The impact of corporate climate risk on carbon intensity: Evidence from China

Author

Listed:
  • Yan, Ying
  • Lin, Tao
  • Ma, Heng

Abstract

Climate change and carbon reduction are among the most pressing issues on the international agenda. This paper explores the nexus between climate risk and carbon intensity within a comprehensive framework. We use textual analysis to assess firm-level climate risk, and investigate its influence on the carbon intensity of China's A-share listed companies from 2008 to 2022. The findings reveal that an increase in firm-level climate risk is associated with a decrease in carbon intensity. Confronted with intensifying climate risk, companies are proactively bolstering their green technology innovation, which contributes to the reduction of carbon intensity. Furthermore, significant variations are observed across different firms, industries, and regions. The mitigating effect of climate risk on carbon intensity is particularly pronounced among firms with a long-term strategic outlook, those in less-polluting sectors, and those located in the eastern and central regions of China. This study offers policy implications for the global pursuit of effective climate risk management and the achievement of carbon neutrality objectives.

Suggested Citation

  • Yan, Ying & Lin, Tao & Ma, Heng, 2025. "The impact of corporate climate risk on carbon intensity: Evidence from China," Energy, Elsevier, vol. 334(C).
    • Handle: RePEc:eee:energy:v:334:y:2025:i:c:s0360544225031743
    DOI: 10.1016/j.energy.2025.137532
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544225031743
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2025.137532?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

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:energy:v:334:y:2025:i:c:s0360544225031743. 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.journals.elsevier.com/energy .

    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.