Supply chain digitalization and corporate ESG performance: Evidence from supply chain innovation and application pilot policy

The increasing environmental unpredictability has amplified the strategic significance of contemporary digital supply networks. Gaining a comprehensive understanding of the mechanisms and effects of supply chains enabled by digital technology is essential for implementing reforms that improve the economy's supply side. This study utilizes the Difference-in-Differences (DID) approach to investigate the influence of supply chain digitization on company Environmental, Social, and Governance (ESG) performance, using data from 2011 to 2020. This study demonstrates that supply chain digitalization can significantly enhance corporate ESG performance. The stimulating impacts are mainly attained through enhancing corporate governance, total factor productivity, and mitigating financial limitations.