Carbon Reduction Effects of Digital Technology Transformation: Evidence from the Listed Manufacturing Firms in China

Jingyu Zhou and Weibai Liu

Technological Forecasting and Social Change, 2024, vol. 198, issue C

Abstract: This paper analyses the effects of digital technology transformation on carbon dioxide (CO2) emission cycles using the listed manufacturing firms in China from 2013 to 2022. It is found that the digital technology transformation of enterprises significantly reduces the level of CO2 emissions. It is also observed that the impact of digital transformation on corporate CO2 emissions varies among different property rights sample groups. The findings indicate that the effects of digital transformation on CO2 emissions are more remarkable in state-owned enterprises. Digital finance also strengthens the impact of digital transformation on corporate CO2 emission reduction. These results provide theoretical support and empirical evidence for promoting digital transformation to reduce CO2 emissions in China.

Keywords: Carbon emissions reduction; Carbon risks; Digital technology; Digital transformation; Digital finance (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:198:y:2024:i:c:s0040162523006844

DOI: 10.1016/j.techfore.2023.122999

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