Digital banking and corporate environmental Governance: Evidence from ISO14001 certification of Chinese corporations

IF 10 1区环境科学与生态学 Q1 ENGINEERING, ENVIRONMENTAL

Journal of Cleaner Production Pub Date : 2025-10-16 DOI:10.1016/j.jclepro.2025.146864

Zhiyuan Ning , Pengzhen Liu , Jiayu Chen , Jingcheng Sun

{"title":"Digital banking and corporate environmental Governance: Evidence from ISO14001 certification of Chinese corporations","authors":"Zhiyuan Ning , Pengzhen Liu , Jiayu Chen , Jingcheng Sun","doi":"10.1016/j.jclepro.2025.146864","DOIUrl":null,"url":null,"abstract":"<div><div>This study utilizes a probit model to empirically investigate the influence of banks' digital transformation on the likelihood of corporations achieving ISO14001 certification, leveraging matched data from bank and corporate loans. The analysis reveals that digital transformation within banks significantly elevates the certification pass rate among corporations. This conclusion remains robust across various robustness and endogeneity tests. The mechanisms driving this effect include enhanced corporate financing availability, improved capabilities for green innovation, and superior quality of environmental information disclosure. Furthermore, the research identifies that the impact is differentiated by the heterogeneity of corporate, bank, and government characteristics, and it contributes positively to economic outcomes by facilitating green technological advancements and increasing corporate value. These findings underscore the critical role of digital transformation in banks in promoting sustainable development and offer valuable insights into the interplay between fintech and economic growth.</div></div>","PeriodicalId":349,"journal":{"name":"Journal of Cleaner Production","volume":"530 ","pages":"Article 146864"},"PeriodicalIF":10.0000,"publicationDate":"2025-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Cleaner Production","FirstCategoryId":"93","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0959652625022140","RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENGINEERING, ENVIRONMENTAL","Score":null,"Total":0}

引用次数: 0

Abstract

This study utilizes a probit model to empirically investigate the influence of banks' digital transformation on the likelihood of corporations achieving ISO14001 certification, leveraging matched data from bank and corporate loans. The analysis reveals that digital transformation within banks significantly elevates the certification pass rate among corporations. This conclusion remains robust across various robustness and endogeneity tests. The mechanisms driving this effect include enhanced corporate financing availability, improved capabilities for green innovation, and superior quality of environmental information disclosure. Furthermore, the research identifies that the impact is differentiated by the heterogeneity of corporate, bank, and government characteristics, and it contributes positively to economic outcomes by facilitating green technological advancements and increasing corporate value. These findings underscore the critical role of digital transformation in banks in promoting sustainable development and offer valuable insights into the interplay between fintech and economic growth.

查看原文本刊更多论文

数字银行与企业环境治理：来自中国企业ISO14001认证的证据

本研究利用probit模型，利用银行和企业贷款的匹配数据，实证研究银行数字化转型对企业获得ISO14001认证可能性的影响。分析显示，银行内部的数字化转型显著提高了企业的认证合格率。这个结论在各种稳健性和内生性检验中仍然是稳健性的。推动这一效应的机制包括企业融资可得性的增强、绿色创新能力的提高和环境信息披露质量的提高。此外，研究还发现，企业、银行和政府特征的异质性会对影响产生差异，并通过促进绿色技术进步和增加企业价值来促进经济产出。这些发现强调了银行数字化转型在促进可持续发展方面的关键作用，并为金融科技与经济增长之间的相互作用提供了有价值的见解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Journal of Cleaner Production 环境科学-工程：环境

CiteScore

20.40

自引率

9.00%

发文量

4720

审稿时长

111 days

期刊介绍： The Journal of Cleaner Production is an international, transdisciplinary journal that addresses and discusses theoretical and practical Cleaner Production, Environmental, and Sustainability issues. It aims to help societies become more sustainable by focusing on the concept of 'Cleaner Production', which aims at preventing waste production and increasing efficiencies in energy, water, resources, and human capital use. The journal serves as a platform for corporations, governments, education institutions, regions, and societies to engage in discussions and research related to Cleaner Production, environmental, and sustainability practices.