This project examines the combined impact of digitalization and ESG (Environmental, Social and Governance) commitments on corporate financial performance in the European industrial sector. While both digital transformation and sustainability have been extensively studied separately, their interaction remains insufficiently explored, particularly in policy, relevant sectors such as manufacturing and energy. The study addresses the following research question: does the combination of digitalization and ESG commitments improve corporate financial performance, and under which sectoral or country-specific conditions is this effect strengthened? To address this gap, the study employs an econometric panel data analysis approach, examining corporate financial indicators (e.g., ROA, EBITDA margin, and Tobin’s Q) in the context of digital and ESG strategies, using high-quality data from Bloomberg, ORBIS, Eurostat, and the OECD.
Project funding:
Research Council of Lithuania, Projects carried out by researchers’ teams
Period of project implementation: 2025-12-01 - 2027-11-30
Project coordinator: VŠĮ "Kauno kolegija"
Project partners: Kaunas University of Technology
