企業內外部因素、內部碳定價對企業環境績效之影響

Abstract

內部碳定價(Internal Carbon Pricing, ICP)已成為企業永續發展的主流趨勢之一。本研究透過組織韌性理論與利害關係人理論的觀點，探討企業內外部因素、內部碳定價對企業環境績效(Corporate Environmental Performance, CEP)之影響。本研究資料涵蓋2021年至2023年間176家臺灣上市櫃製造業公司，共計262筆觀察值，透過廣義結構方程模型(Generalized Structural Equation Modeling, GSEM)進行實證分析。研究發現，企業內部碳定價在企業內外部因素與企業環境績效之間具有顯著的中介效果，顯示組織韌性理論與利害關係人理論的觀點適用解釋企業內外部因素對企業環境績效之影響；再者，企業內部因素的整合能力與外部因素的政府壓力、供應鏈壓力與國際組織壓力，均能顯著促使企業實施內部碳定價；最後，企業若實施內部碳定價可有效提升企業環境績效。在理論貢獻上，本研究證實組織韌性理論與利害關係人理論適用解釋企業內外部因素對企業環境績效之影響，擴充上述理論在ICP議題之研究範疇；在管理意涵上，企業若能強化組織韌性的整合能力，將有助於推動企業實施內部碳定價，進而提升企業環境績效。本研究對永續管理與實務頗具參考價值。

Internal carbon pricing (ICP) has become a prevailing strategy in corporate sustainability efforts. Drawing on organizational resilience theory and stakeholder theory, this study exploring the impact of internal and external corporate factors and internal carbon pricing (ICP) on corporate environmental performance (CEP). The study is based on data collected from 176 publicly listed manufacturing firms in Taiwan between 2021 and 2023, totaling 262 firm-year observations. Empirical analysis was conducted using Generalized Structural Equation Modeling (GSEM). The results reveal that ICP implementation significantly mediates the relationship between internal/external corporate factors and environmental performance, supporting the applicability of both organizational resilience and stakeholder theories. Specifically, internal factors such as integrating capability, as well as external pressures from governmen, the supply chain, and international organizations, all positively influence a firm’s likelihood of adopting ICP. Moreover, firms that implement ICP demonstrate significantly better environmental performance. From a theoretical perspective, this study confirms the applicability of organizational resilience theory and stakeholder theory in explaining the influence of internal and external corporate factors on corporate environmental performance, thereby extending the scope of these theories within the context of ICP. From a managerial perspective, enhancing organizational integration capability can facilitate the adoption of internal carbon pricing, which in turn contributes to improved corporate environmental performance. This study provides valuable insights for sustainable management practices and practical applications.