Digital Technology Factors and Environmental, Social, and Governance (D-ESG): A Strategic Framework
Abstract
This study explores the relationship between digital technology factors and Environmental, Social, and Governance (ESG) performance, conceptualized as Digital-ESG (D-ESG). As businesses face increasing regulatory pressures and stakeholder expectations, leveraging digital technology to enhance ESG performance becomes critical. This research aims to: (1) identify key digital technology factors influencing ESG performance and (2) develop a strategic framework integrating digital innovations with ESG initiatives. A mixed-methods approach, incorporating a systematic literature review and empirical data analysis, was employed. The findings suggest that artificial intelligence (AI), big data analytics, blockchain, and the Internet of Things (IoT) significantly contribute to ESG improvements. The study concludes with recommendations for businesses to strategically adopt digital solutions for sustainable and responsible corporate governance.