The Impact of green finance on ESG performance in Chinese listed companies: a moderating effect of fin-tech

Abstract

With the concept of sustainable development, the role of green finance in promoting corporate environmental, social and governance (ESG) performance has become increasingly prominent. This paper takes the impact of green finance on corporate ESG performance as the core of the study to explore its key role in enhancing corporate sustainability. Meanwhile, fintech is introduced as a moderating variable to analyze its moderating effect in the relationship between green finance and ESG. Based on the theoretical analysis and empirical data, the study finds that green finance has a significant positive impact on corporate ESG performance, especially the most significant in terms of environmental performance. Fintech plays a positive moderating role in it, which can enhance the efficiency and transparency of green financial resource allocation and further promote the realization of corporate ESG objectives. The research in this paper provides theoretical support and practical reference for promoting the development of green finance, building intelligent financial ecosystems and optimizing corporate ESG management.