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ESG performance, Digital transformation and High quality energy development

Lin Liang, Wenya Fang, Ronghua He, Jing Luo


Promoting the adoption of Environmental, Social, and Governance (ESG) development ideas and digital transformation in energy
firms is crucial given the current commitment to sustainable development and high-quality development. Using unbalanced panel data of
listed businesses in the A-share energy industry from 2012 to 2022, this study empirically investigates the impact of ESG performance on
high-quality development of energy and the moderating effect of digital transformation on it. A two-way fixed effects model is adopted. It is
found that good ESG performance has a significant facilitating effect on promoting the high-quality development of the energy industry. In
addition, digital transformation plays a positive moderating role in this process.


ESG Performance, Quality Development, Digital Dransformation

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DOI: http://dx.doi.org/10.18686/fm.v9i4.13097