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January 14, 2026SustainabilityOpen Access

Climate Risk Perception and Corporate Green Innovation: From Cognitive Awareness to Behavioral Response

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Authors

XBXing BaoCentral University of Finance and EconomicsXZXu ZhangTsinghua University

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Implication

Analysis reveals climate risk perception enhances corporate green innovation in China, suggesting stronger R&D investment boost.

Key Points

  • This research explores how climate risk perception impacts corporate green innovation and its underlying mechanisms.
  • Analyzed annual reports from Chinese A-share listed firms (2003-2023)
  • Constructed a climate risk perception index
  • Investigated the effect on green innovation quality and quantity
  • Stronger climate risk perception promotes corporate green innovation
  • Effects found to alleviate financing constraints and increase R&D investment
  • Positive impacts are more significant in eastern China and among state-owned firms

Cite This Study

Bao et al. (2026) studied this question.

synapsesocial.com/papers/6966e6f513bf7a6f02bfefb9https://doi.org/10.3390/su18020752
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