Proceedings of the 2025 4th International Conference on Mathematical Statistics and Economic Analysis (MSEA 2025)

Research on the Impact of Firm-level Climate Risk Disclosure on the Issuance of Green Bonds

Authors
Ruihan Xu1, Lin Han1, *
1School of Economic and Management, Beijing University of Technology, Chaoyang Dist., Beijing, 100124, China
*Corresponding author. Email: hanlin_0226@163.com
Corresponding Author
Lin Han
Available Online 20 February 2026.
DOI
10.2991/978-94-6463-992-6_38How to use a DOI?
Keywords
green bonds; climate risk disclosure; listed company
Abstract

In the context of increasingly prominent environmental issues and growing attention to climate risks, enterprises are placing greater emphasis on addressing climate-related challenges. As an important financing instrument, green bonds play a significant role in supporting corporate sustainable development. This study examines all A-share listed companies in China from 2016 to 2020 as a sample to investigate whether climate risk disclosure influences the issuance of green bonds. The findings reveal a significant positive correlation between climate risk disclosure and the likelihood of green bond issuance. Specifically, a higher level of climate risk disclosure is associated with a larger scale of green bond issuance. This research contributes to the existing literature by addressing the current gap regarding the impact of climate risk disclosure on green bond issuance. It offers a new perspective for the field of green finance, enriches the theoretical framework of green finance, enhances the understanding of the relationship between climate risk disclosure and green bond issuance, and provides additional support for related theoretical studies.

Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 4th International Conference on Mathematical Statistics and Economic Analysis (MSEA 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
20 February 2026
ISBN
978-94-6463-992-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-992-6_38How to use a DOI?
Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Ruihan Xu
AU  - Lin Han
PY  - 2026
DA  - 2026/02/20
TI  - Research on the Impact of Firm-level Climate Risk Disclosure on the Issuance of Green Bonds
BT  - Proceedings of the 2025 4th International Conference on Mathematical Statistics and Economic Analysis (MSEA 2025)
PB  - Atlantis Press
SP  - 409
EP  - 418
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-992-6_38
DO  - 10.2991/978-94-6463-992-6_38
ID  - Xu2026
ER  -