邁向永續：供應鏈管理與銀行貸款之關聯

因應永續發展之全球化趨勢，本文探討 2016 年至 2020 年臺灣上市企業及其供應鏈的碳排放量與往來銀行的借款明細之關聯。連帶解析其供應鏈權力、供應鏈中心性、上游與下游依賴性如何影響借款金額與借款利率。實證結果顯示企業本身碳排放量與借款金額存在顯著的負相關關係，且供應鏈權力、上游依賴性高度顯著正向影響借款利率。透過觀察碳排放量與銀行貸款之間的相關性，提出上市企業和銀行共同努力實現永續發展的可能性。此外，將供應鏈權力、中心性與依賴性視為供應鏈管理的代理變數。

關鍵字

碳排放量；銀行貸款；供應鏈權力；供應鏈中心性

並列摘要

In response to the globalized trend of sustainable development, this paper discusses the relationship between the carbon emissions of listed companies in Taiwan, their supply chains and the loan details of banks from 2016 to 2020. Author also analyze how its supply chain power, supply chain centrality, upstream and downstream dependencies affect the loan amount and loan interest rate. The empirical results show that there is a significant negative correlation between corporate carbon emissions and the amount of borrowing. Meanwhile supply chain power and upstream dependence are highly significantly and positively affecting borrowing rates. By observing the correlation between carbon emissions and bank loans, it proposes the possibility that listed companies and banks can work together to achieve sustainable development. Furthermore, supply chain power, centrality and dependency are considered as proxy variables of supply chain management.