A Study of the Impact of Digital Transformation on Corporate Environmental Performance: A Green Innovation-based Perspective
Amidst the escalating global climate crisis and mounting environmental protection consciousness, digital transformation and green innovation have emerged as pivotal strategies for enterprises to pursue sustainable development. Both businesses and governments are increasingly recognizing the importance of environmental stewardship, not only by enacting policies at the governmental level but also by integrating green principles into their operational practices. Simultaneously, through embracing digital transformation, companies are not only enhancing operational efficiency but also achieving resource optimization and recycling, thereby fueling sustainable growth. This highlights the synergy between technology and environmental protection as a key driver of healthy and green socio-economic development worldwide.Digital transformation is catalyzing green innovation through the integration of advanced digital technologies, not only by injecting new vitality into the process but also by optimizing internal business processes, significantly boosting operational efficiency, and strengthening green supply chain management mechanisms. This comprehensive approach enables companies to achieve higher environmental performance goals.This study meticulously analyzes empirical data from Chinese A-share listed companies, elucidating how digital transformation and green innovation specifically contribute to environmental performance improvement. It further validates the mediating role of green innovation as a crucial mechanism linking digital transformation to enhanced environmental performance.The findings reveal that the digital transformation of enterprises significantly boosts their environmental performance, positively impacting their sustainable development by accelerating the pace of green innovation. This study enriches the theoretical framework in the domain of digital transformation and green innovation, offering a novel perspective through empirical analysis, thus propelling the advancement of theory in this field.
Authors
- Yimeng Zhang (ORCID: https://orcid.org/0000-0002-7342-1012)
Institutions
- Southwestern University of Finance and Economics (CN)
Publication Details
- Journal
- Advances in Economics Management and Political Sciences
- Published
- 2024-12-19
- DOI
- https://doi.org/10.54254/2754-1169/2024.18366
- Citations
- 6
- Primary Topic
- Environmental Sustainability in Business
- Type
- article
- Field-Weighted Citation Impact
- 2.63