Research On The Impact Of Green Credit Business Of Commercial Banks On Business Performance Under Environmental Responsibility

China’s economy is in a period of high-quality development replacing high-speed development,and the focus of national economic development is gradually shifting to green economy and low-carbon economy.Ecological protection,green development and sustainable development have become important goals and directions of China’s economic development.The report to the 19th CPC National Congress for the first time included "beautiful" as one of the defining words of a modern socialist country,and the words "green" and "ecological environment" were mentioned 23 times in the report.To address climate change and environmental protection,"carbon neutrality" was highlighted in the general debate of the United Nations General Assembly.In 2021,"carbon neutral" and "carbon peak" will be included in the government work report for the first time.It shows that it is urgent to promote green development,and green credit business is not only an important means to implement green development,but also an important way for commercial banks to improve their anti-risk ability,achieve low-carbon goals and enhance their international competitiveness.This paper explores the relationship between green credit business and bank performance from the perspective of environmental responsibility.Firstly,the theoretical analysis framework of green credit,environmental responsibility and business performance of commercial banks is constructed to clarify the mediating and moderating role of environmental responsibility.Secondly,with the financial data of 15 listed commercial banks from 2010 to 2020 as the index,the factor analysis method is used to construct the operating performance index system of commercial banks from three aspects of profitability,risk management ability and liquidity management ability,and the environmental responsibility index of commercial banks is measured.Finally,the fixed effect model and intermediary regression model are used to explore the effect and mechanism of green credit business on business performance,and strive to provide a theoretical basis for promoting commercial banks to improve environmental responsibility and business performance.The results show that :(1)the impact of green credit business on bank business performance is u-shaped,with a significant negative impact in the short term,but a positive impact in the long term,which has significant heterogeneity;(2)Green credit business reduces banks’ profitability and liquidity management ability,but improves banks’ risk management ability;(3)Environmental responsibility plays a mediating and moderating role in the impact of green credit business on bank operating performance.Regardless of state-owned banks or non-state-owned banks,the impact of green credit on their operating performance is positive when they are constrained by environmental responsibility.Finally,according to the theoretical analysis and empirical research of this paper,relevant policy suggestions are put forward in order to promote banks to improve the awareness of environmental responsibility and promote the green development of China’s economy.