As the main body of developing new quality productivity, the level of environmental information disclosure of enterprises has a significant impact on the development of new quality productivity. Using data from Chinese A-share listed companies from 2011 to 2023, and calculates the environmental information disclosure index and the new quality productivity index of each listed company were respectively calculated through content analysis and entropy method to study the impact of corporate environmental information disclosure on new quality productivity. It is found that corporate environmental information disclosure can significantly promote the development of new quality productivity. Mechanism analysis shows that environmental information disclosure can promote the development of new quality productivity by alleviating financing constraints and enhancing green innovation capabilities. Heterogeneity analysis shows that state-owned enterprises and large-scale enterprises have a more significant effect on developing new quality productivity. Further discussion reveals that the promotion effect of developing new quality productivity in heavily polluting enterprises and enterprises located in the eastern region is more significant. At the same time, it is found that the level of environmental information disclosure and enterprise performance mutually promote each other, forming a virtuous cycle and providing assistance for the development of new quality productivity in enterprises. The research results have enriched the study of the consequences of environmental information disclosure and provide inspiration for improving new quality productivity in practice.

environmental information disclosure  /  new quality productivity  /  financing constraints  /  green innovation