Harnessing supply chain digital innovation for enhanced corporate environmental practices and sustainable growth

IF 14.2 2区经济学 Q1 ECONOMICS Energy Economics Pub Date : 2025-02-01 Epub Date: 2024-12-26 DOI:10.1016/j.eneco.2024.108161

Ying Liu , Hongyun Huang , William Mbanyele , Xin Li , Tomas Balezentis

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Abstract

Seeking to implement the sustainable development goals (SDGs), the integration of digital technologies in supply chains emerges as a promising tool to address environmental challenges and improve operational efficiency. Utilizing the supply chain innovation and application pilot policy as a quasi-natural experiment, we assess the causal impact of supply chain digitization on corporate environmental practices. Our findings reveal that supply chain digital innovation substantially enhances corporate environmental practices. We discuss four underlying economic mechanisms behind this causality: efficiency, governance, resource allocation, and innovation improvements. Furthermore, the impact is more pronounced for industries with high transportation costs, as well as for non-high-tech sectors and non-state-owned enterprises. When companies face weaker environmental regulations, this effect is further amplified. Moreover, we examine the spillover effects of supply chain digital innovation on the environmental practices of upstream and downstream enterprises. The results suggest that supply chain digital innovation could trigger desirable economic consequences by exerting positive impacts on sales volume and market value. These findings offer practical implications for policymakers to leverage smart and digital supply chain systems in attaining SDGs.

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利用供应链数字创新加强企业环境实践和可持续增长

为了实现可持续发展目标（sdg），在供应链中整合数字技术成为应对环境挑战和提高运营效率的一种有前途的工具。利用供应链创新与应用试点政策作为准自然实验，我们评估了供应链数字化对企业环境实践的因果影响。我们的研究结果表明，供应链数字创新大大提高了企业的环境实践。我们讨论了这种因果关系背后的四个潜在经济机制：效率、治理、资源配置和创新改进。此外，对运输成本高的行业、非高科技部门和非国有企业的影响更为明显。当企业面临较弱的环境法规时，这种影响会进一步放大。此外，我们还考察了供应链数字创新对上下游企业环境实践的溢出效应。研究结果表明，供应链数字创新可以通过对销量和市场价值产生积极影响而引发理想的经济后果。这些发现为政策制定者利用智能和数字供应链系统实现可持续发展目标提供了实际意义。

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来源期刊

Energy Economics ECONOMICS-

CiteScore

18.60

自引率

12.50%

发文量

524

期刊介绍： Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.