This study analyzed corporate strategies related to green investments, ESG considerations, and adoption of green financing mechanisms among 150 urban enterprises in Northern China from 2015-2022.Multiple regression analysis found that every $1 million invested in green technologies was associated with a reduction of 300 metric tons of carbon emissions.ANOVA showed enterprises with over 80% green financing adoption had significantly lower emissions than those below 40% adoption.Companies with ESG scores above 75 had 20% lower emissions on average than those below this threshold.The results quantitatively demonstrate the effectiveness of green investments and strong ESG performance in reducing carbon emissions, providing valuable insights for policymakers and businesses in industrializing regions striving for sustainability.This research makes an important empirical contribution regarding the intersection of corporate sustainability strategies and carbon neutrality outcomes in the understudied context of Chinese urban enterprises.
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Zixuan Zhou (2024) studied this question.
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