

With the construction of ecological civilization being incorporated into the overall layout of “five in one” of the cause of socialism with Chinese characteristics, improving the quality of enterprise environmental protection, fulfilling social responsibility and improving the level of corporate governance have become the direction vigorously advocated by all sectors of society. In this context, how to achieve sustainable development has become an important concern. Based on the stakeholder theory, corporate social responsibility theory and signal theory, this paper innovatively constructs the influence mechanism of green supply chain performance on enterprise performance, and empirically tests the mechanism through second-hand data to explore the relationship and mechanism between manufacturing enterprises’ performance on green supply chain and enterprise supply chain financing performance, so as to help enterprises improve their sustainable development capacity. The results show that: the green supply chain performance of listed manufacturing enterprises has a significant positive impact on the amount of supply chain financing, but only social performance can significantly reduce the cost of supply chain financing; the current corporate reputation has no significant positive impact on the performance of supply chain financing, but the lag corporate reputation has a significant impact on the amount of supply chain financing Corporate reputation plays an intermediary role between green supply chain performance and supply chain financing performance.