Research On The Impact Of Carbon Information Disclosure On Low-carbon Supply Chai

The global carbon emissions have increased significantly in recent years and the growing climate crisis has been a wake-up call for countries around the world,and the public has begun to realise that these events are closely linked to carbon emissions.Excessive carbon emissions not only lead to increased costs to society,but also pose a massive threat to human survival and health.There is an urgent need for governments around the world to implement effective policy instruments to improve energy efficiency and promote carbon reduction.Currently,“carbon trading” and carbon taxation are the two main low-carbon policies to curb carbon emissions.As the sector’s biggest growing united states and a main emitter of carbon,China is under extremely good pressure to reduce carbon emissions.The creation of the “3060”dual carbon target reflects China’s responsibility to actively participate in the world’s carbon reduction efforts,and to this end,China has implemented a number of carbon reduction measures,including the establishment of a carbon trading market.However,the implementation of low-carbon regulations has caused carbon facts asymmetries among supply chain enterprises,resulting in untimely and incomplete disclosure of carbon information among them.When asymmetric information on carbon emissions in the supply chain occurs,not only will both enterprises suffer financial losses,but they will also fail to achieve the best carbon emission reduction results.Therefore,it becomes particularly important to define the responsible parties for carbon emission reduction in low-carbon supply chains.In this paper,a two-tier low carbon supply chain is considered,where there is a sole supplier and a sole manufacturer,where the supplier provides raw materials to the manufacturer and the producer is liable for generating low carbon products.A Stackelberg recreation model is built to investigate the impact of corporate carbon disclosure on the price,profit and carbon emissions of a low carbon supply chain under the influence of both carbon trading and government monitoring,in two scenarios: a carbon trading policy and a no carbon trading policy,respectively.The results of this paper show that the carbon disclosure behaviour of supply chain firms has a significant effect on carbon emission switch in low-carbon deliver chain when the government sets the initial carbon emission quota.Under the carbon trading policy,suppliers can control the selling price of their products by shifting carbon emissions to cope with changes in the carbon trading price.When the carbon trading price is high,suppliers will reduce their carbon emissions as much as possible to avoid high carbon emission costs.Conversely,when the price of carbon trading is low,suppliers may relax their controls on carbon emissions to reduce costs and remain competitive.However,when carbon trading prices fluctuate to a certain extent,suppliers’ wholesale prices may also be affected by carbon displacement;in the absence of carbon trading policy intervention,increased carbon displacement by suppliers can negatively affect overall supply chain returns.Different levels of carbon disclosure alter the impact of suppliers’ carbon shifts on overall public supply chain returns;in both different carbon trading policy states,supply chain product ordering decreases as suppliers’ carbon shifts increase and government oversight increases in intensity.Regardless of the context,the amount of carbon emitted per unit of product produced by the supplier and the amount of product purchased have the same impact on the ratio of initial carbon allowances to their actual carbon emissions on suppliers’ carbon displacement,but not to the same extent.With the lower degree of carbon information disclosure,the carbon emission of unit product and the optimal carbon emission transfer will increase.The above findings can be effectively verified through numerical simulation analysis.This paper empirically analyses the impact of carbon information disclosure on low carbon supply chains as a means to enhance corporate earnings while promoting the maximisation of carbon emission reduction in the supply chain.