中国人口·资源与环境2026，Vol.36Issue(1)：185-199,15.DOI:10.12062/cpre.20250907
供应链数字化对企业ESG表现的政策效应
Policy effects of supply chain digitization on corporate ESG performance
摘要
Abstract
Enhancing corporate ESG(environmental,social,and governance)performance through supply chain digitization is not only conducive to promoting the formation of new quality productive forces but also an essential requirement for achieving green and high-quality development of the Chinese economy.The study used the pilot policy of supply chain innovation and application as a quasi-natu‐ral experiment and employed data from Chinese A-share listed companies from 2009 to 2022 to systematically evaluate the policy ef‐fects and internal transmission channels of supply chain digitization on corporate ESG performance.The study found that:① Supply chain digitization significantly improved corporate ESG performance,which was conducive to promoting green transformation and up‐grading of enterprises.This conclusion remained robust under multiple scenarios such as heterogeneity treatment effects,permutation tests,change identification strategies,and controlling for parallel policy interference.② Mechanism testing showed that the effective implementation of policy effects benefited from the integration of digital and green innovation,as well as the synergy of cost reduction and efficiency improvement.③ The improvement effect of supply chain digitization on corporate ESG performance was more significant in samples retrieved from non-state-owned enterprises,enterprises with high vertical integration levels,and enterprises with high mar‐ket integration levels.④ Further research found that there were significant spillover effects in the digital construction of the supply chain,which not only benefited the ESG performance of pilot enterprises themselves,but also generated effective traction and driving forces to synergistically improve the ESG performance of upstream and downstream enterprises in the supply chain.Therefore,efforts should be made to continue to deepen the pilot work of supply chain innovation and application,expand the scope of policy pilot enter‐prises,fully leverage their ecological leadership and green demonstration effects,and promote the improvement of corporate ESG perfor‐mance;streamline the influence channels,integrate resources through empowering enterprises to integrate digital and green innovation and reduce costs and increase efficiency,and promote the improvement of enterprise ESG performance through multiple collaborative measures;and build a multi-level ESG spillover effect transmission system,and amplify policy effectiveness through benchmark guid‐ance and cluster collaboration.关键词
供应链数字化/企业ESG表现/数绿融合创新/供应链溢出效应Key words
supply chain digitization/corporate ESG performance/integration of digital and green innovation/supply chain spillover effects分类
资源环境引用本文复制引用
张兵兵,余澜,余泳泽..供应链数字化对企业ESG表现的政策效应[J].中国人口·资源与环境,2026,36(1):185-199,15.基金项目
国家社会科学基金重点项目"数实深度融合赋能产业链现代化的理论与实践路径研究"(批准号:25AJL014) （批准号:25AJL014）
江苏省社会科学基金重大项目"新质生产力与产业深度转型升级研究"(批准号:24ZD005). （批准号:24ZD005）
