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How Does Intelligent Manufacturing Affect Corporate ESG Performance? Evidence from Intelligent Manufacturing in China

ABSTRACT Faced with the global ecological crisis of climate deterioration, biodiversity collapse, and resource overexploitation, corporate ESG (environmental, social, and governance) performance has received increasing attention. This paper examines the… Click to show full abstract

ABSTRACT Faced with the global ecological crisis of climate deterioration, biodiversity collapse, and resource overexploitation, corporate ESG (environmental, social, and governance) performance has received increasing attention. This paper examines the impact of intelligent manufacturing on corporate ESG performance by analyzing a sample of A-share manufacturing firms listed on the Shanghai and Shenzhen Stock Exchanges in China from 2011 to 2023, leveraging China’s Intelligent Manufacturing Demonstration Project as a quasi-natural experiment. Results indicate that intelligent manufacturing significantly enhances ESG performance. Mechanism analysis reveals three pathways: stimulating green innovation, facilitating human capital upgrading, and amplifying media attention. These findings provide innovative paths for companies to improve ESG performance in Industry 4.0.

Keywords: intelligent manufacturing; corporate esg; performance; esg performance

Journal Title: Emerging Markets Finance and Trade
Year Published: 2025

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