Digital transformation and carbon reduction: Evidence from Chinese listed companies

Haoliang Fu, Mao Li, Wenwei Guo and Jinbo Huang

Finance Research Letters, 2025, vol. 83, issue C

Abstract: Utilizing manually collected firm-level data on Scope 1 and Scope 2 carbon emission disclosures from publicly listed companies in China, this study examines the impact of digital transformation on corporate carbon emission reduction. Empirical results demonstrate that digital transformation significantly decreases total carbon emission intensity, direct emission intensity, and indirect emission intensity, thereby demonstrating a robust carbon reduction effect. Mechanism analysis reveals that the carbon reduction effect operates primarily through green innovation effect, scale expansion effect, and factor allocation effect. Extended analysis further shows that the carbon reduction effect is amplified by the implementation of national policies and the position in the green technology network.

Keywords: Digital transformation; Carbon emission reduction; Green innovation effect; Scale expansion effect; Factor allocation effect (search for similar items in EconPapers)
JEL-codes: D24 L21 O30 Q43 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612325009110
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:83:y:2025:i:c:s1544612325009110

DOI: 10.1016/j.frl.2025.107652

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().