Unlocking Corporate Sustainability: The Transformative Role of Digital–Green Fusion in Driving Sustainable Development Performance
Amidst the rapid evolution of digital technologies and the strategic imperative of achieving dual-carbon objectives, this paper empirically investigates how digital–green fusion (DGF) enhances corporate sustainable development performance (SDP), fostering a “harmonious symbiosis” between economic gr...
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| Format: | Article |
| Language: | English |
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MDPI AG
2024-12-01
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| Series: | Systems |
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| Online Access: | https://www.mdpi.com/2079-8954/13/1/13 |
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| author | Yue Yang Fan Luo |
| author_facet | Yue Yang Fan Luo |
| author_sort | Yue Yang |
| collection | DOAJ |
| description | Amidst the rapid evolution of digital technologies and the strategic imperative of achieving dual-carbon objectives, this paper empirically investigates how digital–green fusion (DGF) enhances corporate sustainable development performance (SDP), fostering a “harmonious symbiosis” between economic growth and environmental protection. Utilizing data from China’s A-share listed companies over the period 2010–2022, the analysis reveals that DGF significantly boosts SDP, with results remaining robust through a series of endogeneity and robustness tests. Mechanism analysis further demonstrates that digital-green integration not only drives green technology innovation and enhances information transparency but also optimizes labor resource allocation efficiency, collectively contributing to improved corporate sustainability performance. Additionally, heterogeneity analysis indicates that the positive impact of DGF on SDP is particularly pronounced in large enterprises, state-owned enterprises, and firms operating in industries with low environmental uncertainty. This offers a strategic blueprint for harnessing digital–green fusion to achieve long-term synergies between environmental sustainability and economic growth. |
| format | Article |
| id | doaj-art-3c195caee4114ee09ca23be8a40dcd13 |
| institution | Kabale University |
| issn | 2079-8954 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Systems |
| spelling | doaj-art-3c195caee4114ee09ca23be8a40dcd132025-01-24T13:50:28ZengMDPI AGSystems2079-89542024-12-011311310.3390/systems13010013Unlocking Corporate Sustainability: The Transformative Role of Digital–Green Fusion in Driving Sustainable Development PerformanceYue Yang0Fan Luo1School of Management, Wuhan University of Technology, Wuhan 430070, ChinaSchool of Management, Wuhan University of Technology, Wuhan 430070, ChinaAmidst the rapid evolution of digital technologies and the strategic imperative of achieving dual-carbon objectives, this paper empirically investigates how digital–green fusion (DGF) enhances corporate sustainable development performance (SDP), fostering a “harmonious symbiosis” between economic growth and environmental protection. Utilizing data from China’s A-share listed companies over the period 2010–2022, the analysis reveals that DGF significantly boosts SDP, with results remaining robust through a series of endogeneity and robustness tests. Mechanism analysis further demonstrates that digital-green integration not only drives green technology innovation and enhances information transparency but also optimizes labor resource allocation efficiency, collectively contributing to improved corporate sustainability performance. Additionally, heterogeneity analysis indicates that the positive impact of DGF on SDP is particularly pronounced in large enterprises, state-owned enterprises, and firms operating in industries with low environmental uncertainty. This offers a strategic blueprint for harnessing digital–green fusion to achieve long-term synergies between environmental sustainability and economic growth.https://www.mdpi.com/2079-8954/13/1/13digital–green fusioncorporate sustainabilitygreen technology innovationinformation transparencylabor resource allocation efficiency |
| spellingShingle | Yue Yang Fan Luo Unlocking Corporate Sustainability: The Transformative Role of Digital–Green Fusion in Driving Sustainable Development Performance Systems digital–green fusion corporate sustainability green technology innovation information transparency labor resource allocation efficiency |
| title | Unlocking Corporate Sustainability: The Transformative Role of Digital–Green Fusion in Driving Sustainable Development Performance |
| title_full | Unlocking Corporate Sustainability: The Transformative Role of Digital–Green Fusion in Driving Sustainable Development Performance |
| title_fullStr | Unlocking Corporate Sustainability: The Transformative Role of Digital–Green Fusion in Driving Sustainable Development Performance |
| title_full_unstemmed | Unlocking Corporate Sustainability: The Transformative Role of Digital–Green Fusion in Driving Sustainable Development Performance |
| title_short | Unlocking Corporate Sustainability: The Transformative Role of Digital–Green Fusion in Driving Sustainable Development Performance |
| title_sort | unlocking corporate sustainability the transformative role of digital green fusion in driving sustainable development performance |
| topic | digital–green fusion corporate sustainability green technology innovation information transparency labor resource allocation efficiency |
| url | https://www.mdpi.com/2079-8954/13/1/13 |
| work_keys_str_mv | AT yueyang unlockingcorporatesustainabilitythetransformativeroleofdigitalgreenfusionindrivingsustainabledevelopmentperformance AT fanluo unlockingcorporatesustainabilitythetransformativeroleofdigitalgreenfusionindrivingsustainabledevelopmentperformance |