The Structural Evolution of Corporate Sustainability Disclosure: Evidence from China’s “Dual Carbon” Goal
企業のサステナビリティ開示の構造的進化：中国の「ダブルカーボン」目標からの証拠 (AI 翻訳)
Yuqi Xie, Eunyoung Kim
🤖 gxceed AI 要約
日本語
本研究は、中国の「ダブルカーボン」目標が上場企業のサステナビリティ開示に与えた構造的変化を、単語頻度分析、LDAトピックモデル、共起ネットワーク分析を用いて調査した。2019～2023年の7,860件の開示データを分析した結果、2020年以降「ダブルカーボン」関連キーワードが有意に増加し、「気候・排出戦略」が最速成長テーマとなった。2023年には「ダブルカーボン」が中心的なハブとなり、「デジタル化」と「ガバナンス」が異なる物語クラスターを連結する役割を果たした。中国企業の開示が気候変動対策へと重点をシフトさせていることを示す。
English
This study examines the structural evolution of sustainability disclosure by Chinese listed companies under the 'Dual Carbon' goal using word frequency analysis, LDA topic modeling, and co-occurrence network analysis on 7,860 reports from 2019 to 2023. Results show a significant increase in 'Dual Carbon' keywords post-2020, with 'Climate & Emission Strategy' becoming the fastest-growing dominant theme. By 2023, 'Dual Carbon' emerged as a central hub, while 'Digitalization' and 'Governance' connected distinct narrative clusters. The findings indicate a major shift in disclosure focus toward climate and emission reduction strategies.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
中国の「ダブルカーボン」政策が企業開示に与えた影響を定量的に示した研究。日本のGX政策やSSBJ開示基準の策定において、政策と開示の連動性を考える上で参考になる事例を提供する。
In the global GX context
This paper provides empirical evidence on how a national climate policy (China's Dual Carbon) reshapes corporate sustainability disclosure, offering insights for global policy-disclosure linkages under frameworks like ISSB and TCFD.
👥 読者別の含意
🔬研究者:Methodological approach (LDA, network analysis) for tracking disclosure evolution can be replicated in other contexts.
🏢実務担当者:Chinese firms or those with China operations can benchmark their disclosure evolution against this study's findings.
🏛政策担当者:Demonstrates how policy targets (e.g., Dual Carbon) can drive structural changes in corporate reporting, informing regulatory design.
📄 Abstract（原文）
International efforts to address climate change have emphasized the necessity for achieving net-zero emissions by 2050. In alignment with these efforts, China introduced the “Dual Carbon” goal as a key climate and energy policy. Since companies are the primary actors in implementing this policy, this study examines the structural evolution of sustainability reporting of Chinese-listed companies under the “ Dual Carbon ” goal, with a focus on changes in keyword emphasis, thematic structure, and keyword centrality. Drawing on a sample of 7860 sustainability disclosure (CSR, ESG, SD, and ENV) from 2019 to 2023, this study adopted word frequency analysis, LDA topic modelling, and co-occurrence network analysis. The main results are a) “ Dual Carbon ” related keywords saw a statistically significant increase after 2020; b) the thematic lineage Climate & Emission Strategy became the fastest growing and dominant disclosure theme; and c) in 2023 co-occurrence network “ Dual Carbon ” exhibited high semantic centrality and formed a super hub; “Digitalization” and “ Governance ” functioned as connector to link separate narrative clusters. These results suggest a substantial shift of narrative priority and logic toward climate and emission reduction strategies in Chinese-listed companies ’ sustainability disclosure within the institutional context of the “ Dual Carbon ” goal.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.20900/jsr20260013first seen 2026-05-05 23:12:29
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。