How digital transformation facilitate synergy for pollution and carbon reduction: Evidence from China.

Frontier studies have neglected the impact of digital transformation (DT) on the synergy for pollution and carbon reduction (SPCR) from the perspective of micro enterprises. This paper explores the SPCR effect of DT, as well as its mechanism at micro-firm level. The study found that: (1) DT significantly facilitates corporate SPCR. For every 10% increase in the level of DT, the ranking of SPCR will rise by about 2.3 places. This effect is more obvious in high-tech firms and non-heavy polluters, firms in the eastern region in China, and non-SOE. (2) DT creates innovation-driven and structure-optimizing effects, which enhance the corporate green innovation ability, optimize the business structure and capital allocation structure of enterprises, and then drive the SPCR. (3) External public environmental concerns (PEC) and internal corporate ESG governance act as "accelerators" promoting the SPCR effect of DT. Based on these, policy implications are made to accelerate the pace of corporate DT, give full play to the first-mover advantage, and break the "pollution (carbon) lock-in" with a view to providing theoretical references for the listed enterprises' digitalized governance of SPCR, as well as the governmental departments' formulation of relevant guiding policies, and striving to achieve the high-quality development goal.

Path to pollution and carbon reduction synergy from the perspective of the digital economy: Fresh evidence from 292 prefecture-level cities in China.

The digital economy is a crucial focus for realizing the transformation of old and new kinetic energy in China. It is widely integrated with various fields of the economy and society, constantly providing a new dynamic mechanism with synergetic control of environmental pollution and carbon emissions (SCEPCE). Based on panel data from 292 prefecture-level cities in China from 2011 to 2021, this study discusses the spatial effects and mechanisms of the digital economy on the coordinated control of pollutants and carbon emissions. The study found that: (1) The digital economy has direct and indirect influences on the coordinated control of pollutants and carbon emissions. The digital economy can drive reductions in pollutants and carbon dioxide emissions by upgrading industrial structures and transforming energy structures. (2) Green innovation plays an active regulatory role in the digital economy and structural optimization, particularly in the context of SCEPCE. This interference helps mitigate the impact of the digital economy on pollution and carbon emissions. (3) The digital economy has a significant spatial spillover effect on the coordinated control of pollutants and carbon emissions. (4) The influence mechanism of the digital economy on pollution reduction and carbon reduction synergy exhibits geographical heterogeneity, resource endowment heterogeneity. To enhance the synergy of pollution reduction and carbon reduction, it is essential to bolster support and optimise the digital economy at various levels. This includes reinforcing regional balance, considering spatial spillover effects, and enhancing the leading role of developed cities in the region.