Digital Transformation and Convergence toward the 2030 Agenda’s Sustainability Development Goals: Evidence from Italian Listed Firms
The United Nations 2030 Agenda has emphasized the potential of digital technology to enhance sustainability performance, assuming that digital transformation can enable firms’ convergence toward the Sustainable Development Goals. Despite this, the literature is unclear regarding whether there is a p...
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MDPI AG
2021
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oai:doaj.org-article:9cf4593eb2e04b20a07f78da154be7582021-11-11T19:31:44ZDigital Transformation and Convergence toward the 2030 Agenda’s Sustainability Development Goals: Evidence from Italian Listed Firms10.3390/su1321118312071-1050https://doaj.org/article/9cf4593eb2e04b20a07f78da154be7582021-10-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/11831https://doaj.org/toc/2071-1050The United Nations 2030 Agenda has emphasized the potential of digital technology to enhance sustainability performance, assuming that digital transformation can enable firms’ convergence toward the Sustainable Development Goals. Despite this, the literature is unclear regarding whether there is a positive relationship between digitalization and sustainability, as the effects of digital transformation are controversial. The main goal of this study was to assess the hypothesis that digital technology contributes to the achievement of Sustainable Development Goals within the UN 2030 Agenda. To test this hypothesis, a textual analysis was performed to assess Italian firms’ digitalization efforts; the obtained results were then related to the selected firms’ ESG scores using a regression analysis. The analysis focused on Italian FTSE MIB listed firms for the period 2016–2019. The findings show a positive relation between digitalization and Sustainable Development Goals, highlighting the relevance of digital technology in implementing the sustainability agenda.Renato CamodecaAlex AlmiciMDPI AGarticledigital transformationsustainable development goalsdigital technologiesagenda 2030Environmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 11831, p 11831 (2021) |
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DOAJ |
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digital transformation sustainable development goals digital technologies agenda 2030 Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 |
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digital transformation sustainable development goals digital technologies agenda 2030 Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Renato Camodeca Alex Almici Digital Transformation and Convergence toward the 2030 Agenda’s Sustainability Development Goals: Evidence from Italian Listed Firms |
description |
The United Nations 2030 Agenda has emphasized the potential of digital technology to enhance sustainability performance, assuming that digital transformation can enable firms’ convergence toward the Sustainable Development Goals. Despite this, the literature is unclear regarding whether there is a positive relationship between digitalization and sustainability, as the effects of digital transformation are controversial. The main goal of this study was to assess the hypothesis that digital technology contributes to the achievement of Sustainable Development Goals within the UN 2030 Agenda. To test this hypothesis, a textual analysis was performed to assess Italian firms’ digitalization efforts; the obtained results were then related to the selected firms’ ESG scores using a regression analysis. The analysis focused on Italian FTSE MIB listed firms for the period 2016–2019. The findings show a positive relation between digitalization and Sustainable Development Goals, highlighting the relevance of digital technology in implementing the sustainability agenda. |
format |
article |
author |
Renato Camodeca Alex Almici |
author_facet |
Renato Camodeca Alex Almici |
author_sort |
Renato Camodeca |
title |
Digital Transformation and Convergence toward the 2030 Agenda’s Sustainability Development Goals: Evidence from Italian Listed Firms |
title_short |
Digital Transformation and Convergence toward the 2030 Agenda’s Sustainability Development Goals: Evidence from Italian Listed Firms |
title_full |
Digital Transformation and Convergence toward the 2030 Agenda’s Sustainability Development Goals: Evidence from Italian Listed Firms |
title_fullStr |
Digital Transformation and Convergence toward the 2030 Agenda’s Sustainability Development Goals: Evidence from Italian Listed Firms |
title_full_unstemmed |
Digital Transformation and Convergence toward the 2030 Agenda’s Sustainability Development Goals: Evidence from Italian Listed Firms |
title_sort |
digital transformation and convergence toward the 2030 agenda’s sustainability development goals: evidence from italian listed firms |
publisher |
MDPI AG |
publishDate |
2021 |
url |
https://doaj.org/article/9cf4593eb2e04b20a07f78da154be758 |
work_keys_str_mv |
AT renatocamodeca digitaltransformationandconvergencetowardthe2030agendassustainabilitydevelopmentgoalsevidencefromitalianlistedfirms AT alexalmici digitaltransformationandconvergencetowardthe2030agendassustainabilitydevelopmentgoalsevidencefromitalianlistedfirms |
_version_ |
1718431483350220800 |