双碳目标下制造企业信贷可得的决定因素研究

Determinants of credit availability of manufacturing enterprises under dual carbon target

随着«巴黎协定»的全面实施,碳中和成为国际社会关注的焦点。在碳排放收紧的情况下,企业迫切需要进行转型升级,节能减排、技术改造、设备设施更新、大规模引进人才等措施将使得成本上升,盈利收窄,相应提高信贷风险。因此,文章基于传统信用评价指标体系,从财务指标、非财务指标和绿色发展水平三个角度进行指标选取,构建适用于双碳目标下制造企业的信用评价指标体系,并运用Logit模型进行实证研究,对比分析企业信贷可得的决定因素,从而针对我国制造业发展现状提出相关建议.

With the full implementation of Paris Agreement, carbon neutrality has become the focus of the international community.Under the circumstance of carbon emission tightening, enterprises are in urgent need of governance transformation and upgrading.Measures such as energy saving and emission reduction, technological transformation, equipment and facilities replacement, and large-scale talent introduction will increase costs, narrow profits and increase credit risks accordingly.Therefore, based on the traditional credit evaluation index system, this paper selects indicators from the perspectives of financial indicators, non-financial indicators and green development level to construct a credit evaluation index system suitable for manufacturing enterprises under the dual carbon target.Logit model is used to conduct empirical study and comparative study on the determinants of enterprise credit availability.Finally, relevant suggestions are put forward for the development status of China’s manufacturing industry.