ORIGINAL RESEARCH
Effects of Intelligent Manufacturing on
Environment, Social, and Governance (ESG)
Performance: Evidence from China
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1
School of Economics, Capital University of Economics and Business, Beijing 100070, China
2
School of Urban and Regional Science, Shanghai University of Finance and Economics, Shanghai 200433, China
Submission date: 2024-09-05
Final revision date: 2024-12-12
Acceptance date: 2024-12-29
Online publication date: 2025-02-14
Corresponding author
Shi Chen
School of Urban and Regional Science, Shanghai University of Finance and Economics, Shanghai 200433, China
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ABSTRACT
Intelligent manufacturing (IM) is a new technological paradigm, providing a brand-new idea for
promoting sustainable development. Based on the IM pilot demonstration projects, this paper employs
Chinese A-share manufacturing companies from 2012 to 2022 as a sample to investigate the impact
of IM on corporate Environmental, Social, and Governance (ESG) performance. The results indicate
that IM can significantly improve corporate ESG performance. Mechanism tests suggest that IM
promotes corporate ESG performance by improving digital transformation and green innovation.
Additionally, we find that the impact of IM has greatly boosted corporate ESG performance with the
high level of urban resource endowment, industrial digitalization, internal governance, and external
environmental regulation. The conclusions confirm the effect and internal logic of IM’s influence on
corporate sustainable development and provide valuable advice for relevant policies aimed at improving
intelligence and sustainability.