PBESProceedings of Business and Economic Studies2209-26412209-265XBio-Byword Scientific Publishing Pty. Ltd.10.26689/pbes.v8i4.11918ArticleResearch on the Impact of the Digital Economy on Enterprises’ ESG Performancehttps://artdesignp.com/journal/PBES/8/4/10.26689/pbes.v8i4.11918LiYun,QinChaofu2025842025-09-10The digital economy has significant positive externalities in promoting the sustainable development of enterprises, providing an important opportunity for enterprises to improve their ESG performance. Through analysis, it is found that the digital economy has a huge impact on enterprise performance, mainly through three mechanisms: promoting environmental performance, strengthening social responsibility, and optimizing the governance structure. The research results of this paper help to expand the understanding of the dividend effect of the digital economy and deepen the theoretical understanding of the sustainable development of enterprises in the context of the digital economy.

Zhu H, Wang C, 2021, Industrial Digital Transformation under the Strategic Background of the “Dual-Cycle” New Development Pattern: Theory and Countermeasures. Finance & Trade Economics, 2021(3): 14–27.

Fu Y, Xu Q, Lin S, 2021, The Impact of Incumbent Enterprises’ Process Digitalization on Innovation Performance – The Moderating Role of Organizational Inertia. R & D Management, 2021(1): 78–89.

Li Q, Xiao Z, 2020, Heterogeneous Environmental Regulation Tools and Enterprises’ Green-Innovation Incentives – Evidence from Green Patents of Listed Enterprises. Economic Research Journal, 2020(9): 192–208.

Zhao C, 2022, Research on the Impact of Digital Transformation on Corporate Social Responsibility. Contemporary Economic Science, 2022(2): 109–116.

Zhang J, Long J, 2022, Digital Transformation, Dynamic Capabilities, and Enterprise Innovation Performance – Empirical Evidence from High-Tech Listed Enterprises. Economy and Management, 2022(3): 74–83.

Ren B, 2020, The Logic, Mechanism, and Path of the Digital Economy Leading High-Quality Development. Journal of Xi’an University of Finance and Economics, 33(2): 5–9.

Sun Y, 2023, Digital Transformation and Enterprises’ ESG Performance – Empirical Data from Private Listed Enterprises. Productivity Research, 2023(9): 100–105. DOI:10.19374/j.cnki.14-1145/f.2023.09.013.

Kuang Z, Zhou X, 2025, Research on the Impact of Digital Transformation on Enterprises’ ESG Performance. Journal of Shanghai University of International Business and Economics, 32(1): 34–50. DOI:10.16060/j.cnki.issn2095-8072.2025.01.003.

Liu X, 2025, The Impact of Digital Transformation on Enterprises’ ESG Performance. Industrial Innovation Research, 2025(4): 156–158.

Li M, Tao T, Bao H, 2025, The Impact Effect and Action Mechanism of Digital Transformation on Enterprises’ ESG Performance – Based on the Empirical Data of Chinese A-Share Listed Companies. Market Outlook, 2025(4): 10–13.

Wang L, Zhang L, Wang P, Liu Y, 2025, Digital Economy, ESG Performance, and the High-Quality Development of the Manufacturing Industry. Statistics and Decision, 41(3): 180–184. DOI:10.13546/j.cnki.tjyjc.2025.03.031.

Wang M, Xu P, He J, 2025, The Impact of Control-Right Allocation on Enterprises’ ESG Performance in the Context of the Digital Economy. Finance Magazine, 2025: 1–8. http://kns.cnki.net/kcms/detail/42.1290.F.20250331.0859.018.html

Wu C, Dong H, 2023, Digital Transformation, High-Quality Development Level, and Enterprises’ ESG Performance – Empirical Data from Listed Manufacturing Enterprises in the Yangtze River Delta. Journal of Dalian Minzu University, 25(6): 507–517. DOI:10.13744/j.cnki.cn21-1431/g4.2023.06.015.

Li J, 2022, The Impact of the Digital Economy on Enterprises’ ESG Performance – An Empirical Study Based on Chinese Listed Companies. China Foreign Investment, 2022(24): 87–89.

Rao J, Zhang X, 2023, An Empirical Test of the Impact of the Digital Economy on Enterprises’ ESG Performance. Finance and Accounting Monthly, 44(21): 78–85. DOI:10.19641/j.cnki.42-1290/f.2023.21.010.