ORIGINAL RESEARCH article
Front. Public Health
Sec. Health Economics
Volume 13 - 2025 | doi: 10.3389/fpubh.2025.1646269
This article is part of the Research TopicEnvironmental Economics and Low-Carbon TransitionView all 3 articles
The Impact of Climate-Adaptive City Construction Pilot Policies on Corporate ESG Performance
Provisionally accepted
- 1Jilin University, Changchun, China
- 2School of Business and Management, Jilin University, changchun, China
- 3China Statistical Information Service Center(Public Opinion Survey Center of NBS), beijing, China
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In the context of climate-adaptive urban construction policies, this study employs a multi-period difference-in-differences (DID) approach and text mining techniques to analyze the impact of these policies on corporate Environmental, Social, and Governance (ESG) performance. The findings are as follows: Firstly, climate-resilient city construction policies significantly improve corporate ESG scores, indicating that the policies have promoted sustainable development practices within companies. Secondly, after conducting Propensity Score Matching-Difference-in-Differences (PSM-DID), instrumental variable methods, and various robustness tests, the results remain consistently robust. Lastly, mechanism analysis reveals that managerial environmental awareness plays a crucial mediating role between policy and corporate ESG performance, suggesting that the policy indirectly enhances ESG performance by raising managers' focus on environmental issues. The findings of this study provide a reference for the implementation of climate-resilient city construction policies and for theoretical research and practical applications regarding corporate ESG performance.
Keywords: ESG, Difference-in-differences, climate-resilient city, text mining, Policy Analysis
Received: 13 Jun 2025; Accepted: 25 Aug 2025.
Copyright: © 2025 Cao, Zhang and YU. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
* Correspondence:
Chen Cao, Jilin University, Changchun, China
Guilan YU, School of Business and Management, Jilin University, changchun, China
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