Digital transformation and environmental performance: Evidence from Chinese resource‐based enterprises

Abstract Digitalization is of great significance for resource‐based enterprises to break through the dual constraints of resource and environment. Based on the data of China's A‐share resource‐based listed enterprises, this study empirically examines the direct effect and transmission mechanism of digital transformation on the enterprises' environmental performance. The study finds that digital transformation significantly enhances the environmental performance of enterprises by stimulating green technology innovation, accelerating human capital accumulation, increasing environmental information disclosure, and strengthening environmental governance. The environmental performance of state‐owned, large‐size and high‐tech resource‐based enterprises is more prominently affected by digital transformation. In the eastern region and areas with higher environmental regulation, the impact of digital transformation on the environmental performance of resource‐based enterprises is more significant. This study provides targeted suggestions for resource‐based enterprises to make full use of the digital dividends and achieve high‐quality development.