The Relationship between Digital Transformation and ESG Performance of Chinese Automotive Companies

This study explores the impact of digital transformation on the Environmental, Social, and Governance (ESG) performance of automotive enterprises. Using methods such as descriptive analysis, Kernel Density Estimation (KDE), and linear regression models, an in-depth analysis was conducted on data from multiple automotive companies. The findings indicate that digitalization, environmental management, social responsibility, and corporate governance significantly influence ESG performance. The specific conclusions are as follows: companies with a higher degree of digital transformation have higher ESG scores; companies that excel in environmental protection and social responsibility also achieve higher ESG scores; and strong corporate governance structures contribute to improved ESG scores. It is recommended that companies increase investment in digital technologies, optimize environmental management policies, actively fulfill social responsibilities, and establish robust corporate governance structures to comprehensively enhance their ESG performance and sustainable development capabilities in the future.

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Publication Details

Journal
International Journal of Academic Research in Economics and Management Sciences
Published
2024-11-12
DOI
https://doi.org/10.6007/ijarems/v13-i4/23393
Primary Topic
Digitalization and Economic Development in Agriculture
Type
article
Field-Weighted Citation Impact
0.00

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article

The Relationship between Digital Transformation and ESG Performance of Chinese Automotive Companies

Anees Janee Ali, Min Shang
International Journal of Academic Research in Economics and Management Sciences
Digitalization and Economic Development in Agriculture
article

The Relationship between Digital Transformation and ESG Performance of Chinese Automotive Companies

Anees Janee Ali, Min Shang
article en

Abstract

This study explores the impact of digital transformation on the Environmental, Social, and Governance (ESG) performance of automotive enterprises. Using methods such as descriptive analysis, Kernel Density Estimation (KDE), and linear regression models, an in-depth analysis was conducted on data from multiple automotive companies. The findings indicate that digitalization, environmental management, social responsibility, and corporate governance significantly influence ESG performance. The specific conclusions are as follows: companies with a higher degree of digital transformation have higher ESG scores; companies that excel in environmental protection and social responsibility also achieve higher ESG scores; and strong corporate governance structures contribute to improved ESG scores. It is recommended that companies increase investment in digital technologies, optimize environmental management policies, actively fulfill social responsibilities, and establish robust corporate governance structures to comprehensively enhance their ESG performance and sustainable development capabilities in the future.

International Journal of Academic Research in Economics and Management SciencesVol. 13(4)
Universiti Sains Malaysia (MY), TD Bank (US)
Universiti Sains Malaysia
Openalex Percentile: Top 65%
Digitalization and Economic Development in Agriculture
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