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Impact assessment of zero waste initiatives on corporate ESG performance
Abstract ESG is an acronym for Environmental, Social, and Governance, referring to the three key dimensions of corporate sustainability performance. To tackle solid waste challenges and promote corporate sustainability, China launched a pilot for “zero-waste cities” in 2019. Using panel data of 1375 companies, this paper examines the policy’s impact on corporate ESG performance. The findings reveal that the policy enhances corporate ESG performance.
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