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Related Concept Videos

Sustainable Development01:43

Sustainable Development

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As the human population continues to grow and use resources, we must be mindful of our planet’s natural limits. Sustainable development provides a pathway to maintain and improve human life now while also ensuring that future generations will have the resources that they need. The long-term success of sustainability efforts rests on understanding the interplay between human actions and ecological systems.
13.2K
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  6. How Does Digital Transformation Affect Corporate Sustainability Performance? Evidence From Listed Energy Companies In China

How does digital transformation affect corporate sustainability performance? Evidence from listed energy companies in China

Li Guo1, Fangxia Chen2, Linhao Chen3

  • 1Energy Economy and Management Research Center, Xi'an University of Science and Technology, Xi'an, China.

Plos One
|June 13, 2025

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View abstract on PubMed

Summary
This summary is machine-generated.

Digital transformation significantly boosts sustainable development performance in China's energy sector by easing financial constraints and improving resource efficiency. These benefits are greater for smaller firms and those in downstream energy segments.

Area of Science:

  • Energy Economics
  • Sustainable Development
  • Digital Transformation

Background:

  • Sustainable growth is crucial for China's high-quality development.
  • Digital transformation (DT) is increasingly vital for the energy sector.
  • Understanding DT's impact on sustainable development performance (SDP) is essential.

Purpose of the Study:

  • To investigate the impact of digital transformation on the sustainable development performance of Chinese listed energy enterprises.
  • To explore the mediating roles of financing constraints and resource allocation efficiency.
  • To identify variations in DT's impact across enterprise scale and value chain position.

Main Methods:

  • Utilized unbalanced panel data from Chinese listed energy enterprises (2011-2023).
  • Employed two-way fixed effects models for robust analysis.

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  • Conducted mediation analysis to uncover underlying mechanisms.
  • Main Results:

    • Digital transformation significantly enhances overall sustainable development performance.
    • DT improves SDP by alleviating financing constraints and optimizing resource allocation efficiency.
    • The positive effects of DT are more pronounced in small-scale enterprises and downstream energy segments.

    Conclusions:

    • Digital transformation is a key driver for sustainable development in China's energy sector.
    • Alleviating financing constraints and enhancing resource efficiency are critical pathways through which DT impacts sustainability.
    • Targeted DT strategies can maximize benefits for different types of energy firms.